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Author: harrisondfw
Powerful storms struck Dallas County around 6 a.m. Tuesday, triggering tornado warnings for the Richardson and Garland areas and bringing strong winds across North Texas. DALLAS — Dallas County officials issued a disaster declaration after severe storms ripped through the region, leaving tens of thousands of residents without power Tuesday morning. Dallas County Judge Clay Jenkins posted on X on Tuesday that he expected “many Oncor customers to be without power for several days.” The judge signed a disaster declaration Tuesday morning, he announced at an 11:30 a.m. press conference. Jenkins was joined at the press conference by Dallas County…
Real estate agents are moving out of the industry – is this a good thing for home buyers?
When real estate broker April Strickland looks at her local housing market in Gainesville, Florida, she sees a mismatch: There are more than 1,500 local real estate agents, even though only a few hundred homes sell each month, according to industry data.Strickland has seen the ups and downs of the housing market since she started managing her parents’ rental properties as a teenager in 1995. But she says the business environment over the past two years has been the toughest she can remember, even slower than the years following the 2008 financial crisis.”Frankly, Realtors are running out of money,” Strickland…
Hyderabad: Following the murder of K Madhu, a real estate professional from Jeedimetla, the Cyberabad Special Task Force is assisting the Karnataka Police in tracking down the suspects, who are believed to be friends of the victim. Police are now investigating his reported involvement in organising casinos after details about his background emerged.Police said Madhu, who hails from a lower-middle class family in Amalapuram, AP, had migrated to Hyderabad some time ago and started a car leasing business before switching to the construction industry.Police said Madhu got involved in illegal casino activities four years ago and became close with Chikoti…
Growth and artificial intelligence were hot topics at the recent annual meeting of Sarasota real estate firm Michael Sanders & Co.First, founder and CEO Michael Sanders expressed concern that a settlement with the National Association of Realtors earlier this year could lead to changes in regulations regarding fees.”Nothing has happened that changes who we are or the value we provide,” Sanders said in a statement released by the company summarizing the annual meeting.In its 48 years in business, Michael Sanders & Company has seen “the Internet revolution, shifts in demographics and consumer preferences, a Great Recession and a global pandemic,”…
Severe thunderstorms were expected to hit parts of northeast Texas Tuesday morning, causing more than 500,000 customers to lose power, according to the National Weather Service.The NWS is encouraging people to “stay in sturdy buildings;Windows.”Federal agencies had earlier issued a tornado warning for the Dallas-Fort Worth area, which was in effect until 6:30 a.m. local time. In a video shared on Twitter, sirens can be heard as heavy rain falls in Dallas. The NWS advised people at the time to “Evacuate now. If you are outdoors, in a mobile home, or in a vehicle, move immediately to the nearest safe…
RentSpree Announces Partnership with Houston Association of Realtors, Largest Local Association in Texas
The RentSpree integration launched in June and will support the rental operations of HAR’s 48,000 subscribers.Los Angeles, May 28, 2024 /PRNewswire/ — Rent Spreethe nation’s leading leasing software provider, today announced that the Houston Association of Realtors® (HAR) joins the MLS Partnership Program, which consists of more than 70 members. This new collaboration will enable HAR, the second-largest MLS in Texas, to provide cutting-edge rental tools to its 48,000 subscribers. HAR logo RentSpree’s full integration into the MLS platform facilitates Instant ApplyLink™ for rental property listings, dramatically reducing the transaction time agents spend processing rental applications, leading to increased revenue.…
Real estate broker jobsGetty A recent antitrust settlement will have a major impact on how residential real estate is bought and sold — and it’s not going to be a good thing. Rick Koehler, President Kohler Financial Group Speaking from Rapid City, South Dakota, he explains why: Larry Wright: There are new regulations for real estate salespeople. How do they affect home buyers? Rick Koehler: A few weeks ago, the National Association of Realtors (NAR) settled an antitrust lawsuit for $419 million, which reportedly will cut commissions by 25-50%. Light: How did this happen? Kohler: First, a quick look at…
Devastating weather over Memorial Day weekend rocks eastern states, Texas braces for more storms
Communities from Texas to New York were grappling with recovery efforts Tuesday after tornadoes, storms and heavy rains brought by a devastating holiday weekend that left at least 24 people dead and left hundreds of thousands without power.The severe weather isn’t over in Texas, with powerful and potentially destructive storms possible through Tuesday. More than 780,000 power customers were without power Tuesday morning, according to Poweroutage.us.The National Weather Service in Kentucky and Arkansas sent teams to survey the wreckage, and they found damage equivalent to an EF3 tornado, the third highest rating on the Modified Fujita Scale, which measures tornado…
Devastating weather over Memorial Day weekend rocks eastern states, Texas braces for more storms
Communities from Texas to New York were grappling with recovery efforts Tuesday after tornadoes, storms and heavy rains brought by a devastating holiday weekend that left at least 24 people dead and left hundreds of thousands without power.The severe weather isn’t over in Texas yet, with powerful and potentially destructive storms possible through Tuesday.The National Weather Service in Kentucky and Arkansas sent teams to survey the wreckage, and they found damage equivalent to an EF3 tornado, the third highest rating on the Modified Fujita Scale, which measures tornado strength, equivalent to maximum wind speeds of 165 mph.The National Weather Service…
Keystone Realtors to raise Rs 8,000 crore through share sale to institutional investors, ET Real Estate
NEW DELHI: Real estate firm Keystone Realtors has raised Rs 8,000 crore by selling stake to institutional investors including quant mutual funds and SBI Life Insurance.Mumbai-based Keystone Realtors, which markets properties under the Rustomjee brand, said the company has allotted 1,21,21,212 equity shares to eligible QIBs at an issue price of Rs 660 per share for an aggregate amount of Rs 8,000 crore. The Qualified Institutional Note (QIP) offering opened on May 22 and closed on May 27, 2024, according to a regulatory filing late on Monday. Quant Mutual Fund – Quant Small Cap Fund, SBI Life Insurance Company Ltd,…