News: Real Estate, Risk, Economics. May 4, 2017

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Table of Contents
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1) Fake real estate agent faces $5K fine for stealing rental deposits - WMC Action News 5 - Memphis, Tennessee

2) Appeal of Indianapolis house explosion conspirator rejected - Cincinnati News, FOX19-WXIX TV

3) OSHA: South Dakota Firm Ignored Safety Rules Before Deadly Building Collapse

4) Ohio Creates Database of Homes With Lead Paint Hazards

5) Rents Dip Below Inflation, Home Appreciation Slows: Are Markets Cooling Off?

6) Key findings about US immigrants | Pew Research Center

7) Home value recovery uneven throughout the US

8) City Connections Realty | EB-5 financing | EB-5 Center

9) Google Technology Is Helping Exterminators Kill Bugs Faster

10) Technology in today's sawmills | Environment | nrtoday[dot]com

11) Can Washington's Solar Boom Survive the Legislative Stalemate? | Seattle Magazine

12) Digital tech is changing real estate | Business | record-eagle[dot]com

  1.    Fake real estate agent faces $5K fine for stealing rental deposits - WMC Action News 5 - Memphis, Tennessee

    Beware the fakes!

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  2.    Appeal of Indianapolis house explosion conspirator rejected - Cincinnati News, FOX19-WXIX TV

    The Indiana Supreme court has rejected an appeal from a man serving two life sentences for causing a massive Indianapolis house explosion that killed two people.

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  3.    OSHA: South Dakota Firm Ignored Safety Rules Before Deadly Building Collapse

    Reportedly:

    ... the company told employees to remove two load-bearing walls ... failed to conduct an engineering survey before beginning the demolition work.

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  4.    Ohio Creates Database of Homes With Lead Paint Hazards

    ... just a sliver of the state's hazardous properties.

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  5.    Rents Dip Below Inflation, Home Appreciation Slows: Are Markets Cooling Off?

    ... keep in mind that in most U.S. markets, there are far too few affordable/starter homes available. If you can find a way to profitably provide affordable homes, you can take advantage of this housing market's imbalances.

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  6.    Key findings about U.S. immigrants | Pew Research Center

    I think landlords, especially residential landlords and their managers and management firms, should be familiar with the information in this report.

    Today, more than 40 million people living in the U.S. were born in another country, accounting for about one-fifth of the world's migrants in 2015.

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  7.    Home value recovery uneven throughout the US

    Diana Olick discusses the latest report from Trulia on how 34% of homes have recovered to their pre-recession price levels.

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  8.    City Connections Realty | EB-5 financing | EB-5 Center

    The EB-5 program - which has been tapped by developers like Related Companies, Extell Development and Silverstein Properties - has exploded in popularity in recent years. There are currently 1,277 active regional centers listed on the U.S. Citizenship and Immigration Service's website, including 101 registered in the state of New York.

    The problem I have with it is that it favors rich immigrants over poorer ones who may well be more industrious and intelligent but just lacked breaks or perhaps weren't willing to engage in shady-money deals. I don't know how much vetting goes into where the money comes from. I doubt it's been enough.

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  9.    Google Technology Is Helping Exterminators Kill Bugs Faster

    Even in a world where homeowners and companies pay for an app that identifies pests, Chisholm says a professional would still have to come by and actually kill the things. And that may be true, for now - but pest-killing drones and termite-destroying robots already exist.

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  10.    Technology in today's sawmills | Environment | nrtoday.com

    Ever wonder about the new wood products that go into constructing your buildings?

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  11.    Can Washington's Solar Boom Survive the Legislative Stalemate? | Seattle Magazine

    Isn't Seattle a little cloudy for solar power? That's a question Reeves Clippard hears often as the CEO and cofounder of A&R Solar, a Seattle-based solar installation company for residential and commercial clients. "It's a common misconception," he says, "but there's no technical reason for solar not to be adopted here." He points to Germany, which receives a similar amount of sunlight as the Pacific Northwest and is a global leader in solar generation.

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  12.    Digital tech is changing real estate | Business | record-eagle.com

    "I sold six houses last year that the buyer never stepped foot in," said Holly Hack, broker/owner of Exit Realty based in Traverse City.

    How many of those were thoroughly inspected by a certified, licensed, bonded, fully insured, local inspector for the buyer? What kinds of warranties and other guarantees were included in the purchase agreements?

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