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Indianapolis is Latest Region Covered by Movoto.com’s Real Estate Search and Home Buying Help

The Indianapolis area now has access to Movoto’s powerful home search tools and network of top real estate agents.

San Mateo, CA (PRWEB) February 10, 2012

Movoto.com announced the expansion of their free home search and real estate agent introduction services to the Indianapolis area. Indianapolis area home buyers now have access thousands of active MLS Listings and introductions to top local real estate agents.

Movoto.com makes searching homes for sale easy. Indianapolis area homes for sale on Movoto includes accurate data on homes for sale from the local multiple listing service displayed side by side with detailed school information, local demographic data, similar properties, and local homes for sale market statistics.

Movoto.com’s site is easy to use and fast. Home buyers can search homes interactively or set up custom searches that send an email when new homes for sale are listed in their target neighborhood. When a buyer finds an exciting home for sale, Movoto.com can connect them with a local real estate agent specially screened to meet their needs. Movoto partner real estate agent services are free of charge.

“Real estate prices are down and mortgage rates are at historic lows, making homes very affordable,” said Movoto CEO Henry Shao. “Movoto’s goal is to make it easy for Indianapolis home buyers to take advantage of the opportunity to buy a home in today’s market.”

Movoto adds Indianapolis and Indiana to its free, full service real estate brokerage services and advanced search tools that include homes for sale listed in the MLS in 30 states and Washington, D.C. For more information, please visit Movoto.com.

About Movoto

Founded in 2005, San Mateo based Movoto is led by an experienced team of real estate industry veterans and internet technology experts with a shared vision of making it easy to buy a home. Movoto provides a unique online home-buying solution that combines innovative, easy-to-use research tools with ready access to a network of experienced local real estate agents. In 2011, Movoto was named to the Inc. 5000 list of fastest growing companies. For more information about Movoto please visit Movoto.com/aboutus.

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Mark Brandemuehl
Movoto
(650)241-0947
Email Information

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Indianapolis is Latest Region Covered by Movoto.com’s Real Estate Search and Home Buying Help

Today in Tech: How Facebook's millionaires will change Valley real estate

By JP Mangalindan, Writer-Reporter February 9, 2012: 6:25 AM ET

Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.

* Silicon Valley real estate prices are already on the rise, but given Facebook's impending IPO, expect them to go even higher. Case in point: 10 Palo Alto homes sold last month above their asking price. (The New York Times)

Yahoo CEO Scott Thompson

* Yahoo CEO Scott Thompson wants to steer the struggling Internet company away from revenues derived from web sites and advertising towards sales from fees and commissions. Thompson however hasn't yet given more details. (The Wall Street Journal)

* Groupon's (GRPN) first quarterly earnings report proved surprising. Though revenues beat analyst expectations with $506 million, net income was way off: 2 cents a share net loss versus the predicted 3 cents a share profit. As a consequence, company shares tumbled more than 10% after hours (Tech Trader Daily)

* If you aren't already familiar with the term "collaborative consumption," here's a primer. (Hint: startups like Airbnb are predicated on the theory.) (Mashable)

* How AOL (aka "Facebook 1.0") apparently blew its lead. (The Wall Street Journal)

* Tech blog GigaOm is acquiring the media site paidContent. (TechCrunch)

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Today in Tech: How Facebook's millionaires will change Valley real estate

RE/MAX Retained No. 2 Ranking for Residential Listings Sold in City of Chicago Real Estate Market During 2011

Chicago, IL (PRWEB) February 12, 2012

RE/MAX Northern Illinois agents sold the second largest number of residential real estate listing units in the City of Chicago during 2011. Due to their efforts, RE/MAX held on to its runner-up position to the market leader, with an 8.3 percent share of listings sold in the Chicago real estate market.

According to statistics released by Midwest Real Estate Data, LLC, the local regional multiple listing service, RE/MAX Northern Illinois brokerages sold 1,485 listings in the city during 2011, second only to Chicago's @properties. This number puts RE/MAX ahead of such other prominent competitors as Coldwell Banker Residential Brokerage, Baird & Warner and Prudential.

RE/MAX agents also represented buyers in 1,210 home sales during 2011, giving
RE/MAX brokerages a combined 2,695 attached and detached Chicago home sales last year.

RE/MAX Northern Illinois first vaulted into the second-place spot for listings sold in Chicago during the first half of 2011. During those six months, RE/MAX boasted the largest increase in transactions among Chicago's top six real estate brands.

"We are all proud of the year that RE/MAX agents and brokerages had in 2011," said Laura Ortoleva, a spokesperson for RE/MAX Northern Illinois. "RE/MAX offices are staffed by some of the most talented and hard-working agents in the city. It's little surprise that RE/MAX remains a major player in the Chicago housing market."

Ortoleva said that she expects RE/MAX Northern Illinois to continue its strong performance in Chicago during 2012.

The Chicago housing market ended 2011 on a strong note, with the sales of existing homes rising in December by 6.2 percent when compared to the same month one year earlier, according to numbers from the Illinois Association of REALTORS®. The hope is that this bodes well for higher condominium and single-family home sales in the city in 2012.

"We have made a commitment to the city, and that is reflected in our strong sales numbers," Ortoleva said. "I expect our performance in Chicago to remain strong in this new year."

RE/MAX has been the leader in the northern Illinois real estate market since 1989. The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of 2,100 sales associates and 110 individually owned and operated RE/MAX offices that provide a full range of brokerage services throughout the northern one-third of Illinois. Its http://www.illinoisproperty.com and http://www.remax.com websites are leaders in consumer visits among real estate franchise brands. Its mobile search, m.illinoisproperty.com, allows users to conduct real estate searches on any mobile device with Internet access. The northern Illinois network is part of RE/MAX LLC, a global real estate organization with 89,000 sales associates in 87 nations.

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RE/MAX Retained No. 2 Ranking for Residential Listings Sold in City of Chicago Real Estate Market During 2011

Ariz. tribe votes to take over Skywalk management

(AP)  FLAGSTAFF, Ariz. — A northwestern Arizona tribe has voted to take over management of the Grand Canyon Skywalk from the Las Vegas developer who built it.

David Jin partnered with the Hualapai Tribe to build the horseshoe-shaped glass bridge that juts out from the Grand Canyon on the reservation. But the two sides have been locked in a contract dispute for the past year over revenue shares and an incomplete visitor center.

The Tribal Council voted Tuesday to declare eminent domain over the management contract and provide $11 million in compensation to Jin. The amount is about one-tenth of what Jin has said is fair market value for his $30 million investment.

"The Tribe did not ask for this dispute," Councilman Charles Vaughn said in a statement. "But we have made a sincere effort through private negotiations with Mr. Jin, and he still refuses to make the most basic concessions and complete the work he promised. His participation has been unproductive and created countless delays. At this point, there are simply no other options."

The Tribal Council passed an eminent domain ordinance last year that Jin had suspected was aimed at him. He went to federal court to try to keep the tribe from severing the Skywalk contract under the ordinance, but the judge said the tribe had not sought to enforce it and told Jin he must first exhaust tribal court remedies.

A separate case that Jin filed in tribal court to force arbitration also was dismissed, giving Jin the option of returning to federal court.

Jin approached the Hualapai Tribe in 1996 with a plan to build the Skywalk with his own money. The attraction just west of Grand Canyon National Park has about 300,000 visitors a year and is a major tourist draw for the tribe.

The Skywalk extends 70 feet from the canyon rim and 4,000 feet above the Colorado River. It's designed to withstand 100 mph winds and has shock absorbers to keep the walkway from wobbling as people pass over.

Under an agreement with the tribe, Jin is supposed to split revenues with the tribe for 25 years in exchange for his investment.

The American Arbitration Association ultimately agreed to hear the dispute, and the two sides were supposed to be exchanging documents when the council voted to enforce eminent domain, Jin's representatives said.

Jin has said in court documents that he believes the tribe's motivation in passing the ordinance is to avoid the embarrassment of explaining how ticket revenues evaporated under its watch and to keep from paying him what he's owed.

The tribe denied that and reiterated its stance Wednesday that Jin hasn't fulfilled contractual obligations to complete a visitor center that tourists must pass through to access the Skywalk and failed to account for funding.

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Ariz. tribe votes to take over Skywalk management

Tucows Fourth Quarter Investment Community Conference Call is Wednesday, February 15, 2012 AT 5:00 P.M. (ET)

TORONTO, Feb. 9, 2012 /PRNewswire/ - Tucows Inc. (TSX: TC, AMEX: TCX) plans to report its fourth quarter fiscal 2011 financial results via news release on Wednesday, February 15, 2012 at approximately 4:00 p.m. (ET). Tucows management will host a conference call the same day at 5:00 p.m. (ET) to discuss the results and the outlook for the company.

Participants can access the conference call via the Internet at http://tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 48872391 followed by the pound key.  The telephone replay will be available until Wednesday, February 22, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows
Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows' corporate website (http://tucows.com).

Tucows, OpenSRS, Hover, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

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Tucows Fourth Quarter Investment Community Conference Call is Wednesday, February 15, 2012 AT 5:00 P.M. (ET)