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Real Estate News Roundup: March 9 Edition

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Spring break is here and it seems that weather is [finally] starting to thaw.  This week’s round up brings us real estate tech news, an updated real estate tycoon watch-list and a look the future of real estate with virtual reality. All in all, we gathered a varied assortment of real estate news from Inman News, Forbes, US News & World Report, CNBC, GeekWire and Consumer Affairs.

There’s something for everyone to read, so make sure and share what articles resonated the most with you over at the Champions School of Real Estate facebook and twitter pages! Enjoy your morning read – see you next week!

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  In Brief… 

 

>> Avoiding the dreaded back button on your real estate website (Inman News)

The world online is awash with billions of ads, videos and social media posts vying for your attention. What steps can you take to grab the attention of today’s online consumers and to avoid the dreaded back button?

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>> The 20 Richest Real Estate Tycoons On The 2015 Forbes Billionaires List (Forbes)

Despite a cooldown in many property markets over the past year, FORBES now counts more real estate billionaires this year than last. Twenty-three people join the FORBES Billionaires List in 2015 thanks to their real estate holdings, bringing the total number of real estate tycoons on the list to 157…

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>> How to Begin Investing in Real Estate (US News & World Report)

An unusually long and harsh winter is delaying the start of the spring housing market, but for the investment-minded, continued low interest rates and high demand for rentals appear to outline an opportunity…

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>> A ‘Goldilocks economy’ for commercial real estate (CNBC)

More than five years since the official end of the Great Recession, this is shaping up to be a recovery for the ages — and for commercial real estate.

Certainly this isn’t what anyone would term a “dream” recovery. The U.S. recovery is outpacing the U.K. and especially Europe but is still well off the typical pace of recovery after a recession. And even though GDP is growing, we’re still not making up for lost ground at all…

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>> Beyond video games: How virtual reality is transforming real estate (GeekWire)

What if you could tour the space before it’s built? Real estate developers and leasing agents are turning to virtual reality to let prospective buyers experience a space even when a building is still under construction, or has yet to break ground…

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>> Year-over-year and month-over-month, home prices are up again (Consumer Affairs)

For the 35th month in a row, home prices have posted a year-over-year gain. CoreLogic reports its January Home Price Index (HPI) shows that home prices nationwide increased 5.7% last month from the same period a year ago. On a month-over-month basis, home prices nationwide were up 1.1% from December 2014. Both readings include distressed sales — short sales and real estate owned (REO) transactions…

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