The mystery behind the aggressive acquisition of all 138 units and the ground-floor retail space in Miami’s Solaris condominium project has been solved. Bloomberg reports that hedge fund billionaire Ken Griffin has spent the past three years and $125 million to buy...
New board members at the American Real Estate Association, a cryptic social media message from the Opendoor CEO, and who’s to blame for the European heat wave? From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 29-July 3....
Mortgage rates declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.43% as of July 2, down from last week when it averaged 6.49%. A year ago at this time, it averaged 6.67%. The...
Casa Encantada, the historic 8.5-acre Los Angeles estate at the center of a prolonged foreclosure struggle, was sold at auction for $130 million. The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the...
The only Tennessee home designed by the iconic architect Frank Lloyd Wright has been listed for the first time in its 75-year-history. Realtor.com reports the 1,784-square-foot Chattanooga-based Usonian residence built in 1952 is now up for sale at $1.6 million....
List prices during June were down 2.5% from one year earlier, marking the steepest annual decline since 2017 and the eighth consecutive month of price drops, according to data from Realtor.com. The regional year-over-year median list price declines ranged from -4.0%...
A Phil Hall Op-Ed: So, I Asked ChatGPT to Predict 2027’s Housing Mark…
