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Domain Holdings Australia joins a group bidding for real estate company PEXA

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Bloomberg

Meme stocks, SPAC’s rebound: ‘Reddit Raiders are back’

(Bloomberg) – Investors are rediscovering their appetite for the speculative fringes of the market. GameStop Corp. and AMC Entertainment Holdings Inc. – the figureheads of this year’s Reddit boom – are rising. Interest in acquisition companies for special purposes has increased again with the blank check companies of Chamath Palihapitiya. And bitcoin and ether are on the rise in cryptocurrencies after last week’s campfire. While the catalyst is unclear, retailers appear to be driving the action. Touts are plastered all over social media, and individual investors are trying to pump their bets on Twitter, Reddits WallStreetBets, and chat rooms on Stocktwits. “The Reddit raiders are back,” said Michael Pachter, an analyst at Wedbush Securities, as GameStop and AMC were among the most actively traded stocks on Wednesday. “It looks like a retail store to me.” Memes Are ForeverWhile the S&P 500 is practically flat this month, shares of Reddit favorites GameStop and AMC are rising. Including Wednesday’s profits, GameStop was up 40% in May, while AMC was up 95% over the same period. The pair were among the top performers in a basket of 37 so-called meme stocks that Bloomberg tracked in May. As a group, Wednesday’s rally was its best session at 7.7% since the retail craze in March. Profits are sure to be more of a pain for short sellers betting against GameStop and AMC as the group posted a mark-to-loss of roughly $ 8.1 billion in market losses this year, according to S3 Partners. Ihor Dusaniwsky, managing director, predictive analytics at S3 Partners, said via email that the retail investor movement is picking up pace and both stocks have high short interest in stock price strength, ”he said. They had lost around $ 475 million in market value in May alone before the recent surge, according to data from S3 Partners. SPACs Bouncing The speculative passion could also give blank check firms a boost, which were responsible for giving almost half of the record IPO volume in 2021. Virgin Galactic Holdings Inc., a space tourism company that is merged with one of Palihapitiya’s SPACs, is in rose 22% this month after a brutal decline earlier this year. The stock gains popular with day traders came after a successful test flight and could breathe new life into the once glowing SPAC market. Opooroor Technologies Inc., another Palihapitiya-affiliated SPAC, has risen to its lowest level since August in the last few days after the fall. Meanwhile, two closely watched SPAC ETFs – Defiance Next Gen’s SPAC Derived ETF (SPAK) and Morgan Creek-Exos’ SPAC Originated ETF (SPXZ) – are up more than 10% from their lows earlier this month. Crypto ComebackBitcoin and its crypto brothers took investors on a wild journey this month. When Bitcoin fell as much as 54% from its February high, over 700,000 merchants had liquidated their accounts within 24 hours, according to Bybt.com data. Many fans of the notoriously volatile asset class used the slump as an opportunity to buy. Bitcoin, the largest digital asset, has passed its record high of nearly $ 65,000. But it has managed to recoup profits from a recent low of around $ 30,000. It was hovering around the $ 40,000 level on Wednesday, meaning it has risen about 30% since that low a week ago. Meanwhile, the second largest cryptocurrency ether is up about 58% since its May low of $ 1,732. (Updates to S3 data in paragraph seventh.) For more articles like this, visit bloomberg.com. Sign up now for the most trusted business news source. © 2021 Bloomberg LP

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Walt Danley Christie’s International Real Estate Ranked as the Top-Producing Luxury Team in Arizona

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PARADISE VALLEY, Ariz., June 14, 2021 / PRNewswire / – Walt Danley Christies International real estate, Arizona Leading luxury residential real estate company ranked number one on the luxury team by sales volume Arizona, and number 22 in the country by industry authority RealTrends + Tom Ferry The Thousand in the Top Large Teams category by volume of sales.

Walt Danley, President and Founder of Walt Danley Christie’s International Real Estate

Walt Danley and his team sold $ 263.7 million in residential real estate in 2020. “Given the unprecedented time the world has seen in 2020, I am ashamed to know that our team of top real estate professionals have successfully handled this period on behalf of our home sellers – and buyers – which has been going on reflected “in this prestigious ranking by The Thousand List,” said Walt Danley, President and Founder of Walt Danley Christies International real estate.

From a global pandemic and lockdowns to the overwhelming realization of the importance of the home to work, play and comfort, 2020 can best be described as the year of resilience, according to the report. The pandemic has increased the importance of the home as a place of refuge.

Only 0.07% of the 1.4 million Realtors® in the US make up The Thousand – the best in the country. In its 16th year, the list is made up of third-party data and honors the country’s top 1,000 real estate professionals and teams. In particular, the company is one of the top rankings Arizona Luxury real estate brokers every year since the list was launched.

Walt Danley Christies International Real Estate represents luxury property buyers and sellers in the northeast of Phoenix including Scottsdale, Paradise valley, Arcadia, Biltmore, Cave stream, Carefree, Well hill, and green river. The firm has offices in Paradise, 6720 N. Scottsdale Rd., # 140, Paradise Valley, Arizona 85253) and North Scottsdale (8955 East Pinnacle Peak Road, Suite 104, Scottsdale, AZ 85255). More information is available at www.waltdanley.com.

over Walt Danley Christies International real estate

Walt Danley Christies International Real Estate is one of the most renowned and successful luxury real estate companies in the country, specializing in Arizona wealthiest neighborhood. Named one of the “35 Most Influential People in Luxury Real Estate,” Founder and President Walt Danley began his real estate career over 40 years ago in Paradise Valley and has consistently ranked among the top one percent of real estate agents in the US has a growing team of top -Luxury real estate specialists and opened his brokerage firm of the same name in 2011. The firm has built a reputation as the premier luxury residential real estate brokerage firm in Arizona by combining deep market knowledge, expertise and the largest inventory of million dollar real estate in Arizona. For more information, call 480.991.2050 or visit waltdanley.com.

Contact:
Andrea Kalmanovitz
(949) 777-2405

SOURCE Walt Danley Christies International real estate

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Real estate license fees are expected to increase | News, Sports, Jobs

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Real estate agents and real estate agents are likely to face increased license fees.

Earlier this week, the state assembly passed A.5363 by 113-35 votes, with Reps Andrew Goodell, R-Jamestown, and Joe Giglio, R-Gowanda, voting against the measure. The state Senate passed an accompanying bill in February, S.2133, by 45-17 votes, with Senator George Borrello, R-Gowanda, voting against. Real estate agent fees increase by $ 30 while real estate agent fees increase by $ 10. The increased money will be used for fair apartment tests across the state.

“It reminds me of the motto of our state -“Wood wool“- which, as you all know, always means upwards.” said Goodell. “It seems that this is the motto we have when it comes to fees and expenses, and I’m a little different than when that motto was first chosen when we talked about economic opportunity and moving up . It may be a small amount, but it is another fee and increase that we are putting on this troubled industry and for that reason I will be protesting against it and recommending the same to my colleagues. “

MP Kimberly Jean-Pierre, D-Lindenhurst and sponsor of the assembly’s draft law, said paired tests are a tool to detect and eliminate discrimination in housing. She said mechanisms such as coded language, guidance, unequal service provision and higher financial demands on minorities would be used to maintain housing segregation. The introduction of a surcharge on broker and agent license fees would provide funding for nationwide efforts to ensure fair home testing, including, but not limited to, the couples testing practice.

Jean-Pierre also quoted a 2019 story in Newsday entitled “Long Island Divided” who blamed the housing discrimination on explicit and implicit bias in the real estate industry. The newspaper series reported that some Long Island real estate agents directed customers to specific neighborhoods based on their perceived race or ethnicity. In response, the Nassau district appointed a special commissioner for housing, promised increased enforcement of open living laws, strengthened the Nassau district human rights commission and established an advisory board for fair housing. Suffolk County hired an outside agency to test for discrimination in housing, strengthened the county’s Human Rights Commission, and began raising awareness of fair housing laws.

“Two years ago, Newsday published worrying results from a three-year investigation that uncovered widespread segregation and unequal treatment of potential minority and minority homebuyers in Long Island.” said Jean-Pierre. “This research confirmed what many of us already know to be true – that there are certain bad actors in real estate agencies who discriminate against people of color and draw certain people into certain communities based on their skin color – a practice that has no place in our society. … When we look at how our communities and school districts are separated, it is one of the reasons that districts in low-income communities cannot get the resources they fairly deserve because we had brokers like this one, the people of life held in a community because of their skin color and financial history. This will allow us to allocate a certain fund – and not raise taxes – but it will allocate a certain fund through the attorney general to run fairer tests in our great state of New York so that people of color can live where they want and don’t have to worry that there will be bad actors. If there are any, they will be punished. “

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Real Estate License Fees To Increase | News, Sports, Jobs

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Real estate agents and real estate agents are likely to face increased license fees.

Earlier this week, the state assembly passed A.5363 by 113-35 votes, with Reps Andrew Goodell, R-Jamestown, and Joe Giglio, R-Gowanda, voting against the measure. The state Senate passed an accompanying bill in February, S.2133, by 45-17 votes, with Senator George Borrello, R-Gowanda, voting against. Real estate agent fees increase by $ 30 while real estate agent fees increase by $ 10. The increased money will be used for fair apartment tests across the state.

“It reminds me of the motto of our state -“Wood wool“- which, as you all know, always means upwards.” said Goodell. “It seems that this is the motto we have when it comes to fees and expenses, and I’m a little different than when that motto was first chosen when we talked about economic opportunity and moving up . It may be a small amount, but it is another fee and increase that we are putting on this troubled industry and for that reason I will be protesting against it and recommending the same to my colleagues. “

MP Kimberly Jean-Pierre, D-Lindenhurst and sponsor of the assembly’s draft law, said paired tests are a tool to detect and eliminate discrimination in housing. She said mechanisms such as coded language, guidance, unequal service provision and higher financial demands on minorities would be used to maintain housing segregation. The introduction of a surcharge on broker and agent license fees would provide funding for nationwide efforts to ensure fair home testing, including, but not limited to, the couples testing practice.

Jean-Pierre also quoted a 2019 story in Newsday entitled “Long Island Divided” who blamed the housing discrimination on explicit and implicit bias in the real estate industry. The newspaper series reported that some Long Island real estate agents directed customers to specific neighborhoods based on their perceived race or ethnicity. In response, the Nassau district appointed a special commissioner for housing, promised increased enforcement of open living laws, strengthened the Nassau district human rights commission and established an advisory board for fair housing.

Suffolk County hired an outside agency to test for discrimination in housing, strengthened the county’s Human Rights Commission, and began raising awareness of fair housing laws.

“Two years ago, Newsday published worrying results from a three-year investigation that uncovered widespread segregation and unequal treatment of potential minority and minority homebuyers in Long Island.” said Jean-Pierre. “This research confirmed what many of us already know to be true – that there are certain bad actors in real estate agencies who discriminate against people of color and draw certain people into certain communities based on their skin color – a practice that has no place in our society. … When we look at how our communities and school districts are separated, it is one of the reasons that districts in low-income communities cannot get the resources they fairly deserve because we had brokers like this one, the people of life held in a community because of their skin color and financial history. This will allow us to allocate a certain fund – and not raise taxes – but it will allocate a certain fund through the attorney general to run fairer tests in our great state of New York so that people of color can live where they want and don’t have to worry that there will be bad actors. If there are any, they will be punished. “

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