The speaker of Florida’s House of Representatives fired back at comments made by Gov. Ron DeSantis over the legislature’s multiple proposals for property tax relief. The Tallahassee Democrat reports House Speaker Daniel Perez, a Republican, took umbrage over DeSantis’...
The real estate development firm Related Companies has been hired to construct a $7 billion data center outside of Detroit for the Stargate project venture between OpenAI and Oracle (NYSE: ORCL). The Wall Street Journal reports Related’s 250-acre campus in Saline...
Anaheim, California-based Carrington Holding Company announced it has acquired Reliance First Capital LLC from Tiptree Inc. Founded in 2008 and headquartered in Melville, New York, Reliance operates a direct-to-consumer mortgage origination platform that serves a...
Realm Global has published a new white paper on how luxury real estate professionals can transition into the new age of artificial intelligence (AI). Titled “Intelligent Luxury: How AI Is Redefining Trust, Taste, and Timeless Value,” the paper is...
One of the world’s hottest real estate markets is now becoming a hotbed for online real estate fraud schemes. Gulf News reports that the police department in Abu Dhabi, the capital of the United Arab Emirates, has issued a warning about a resurgence in fraudulent...
The typical luxury home sold for $1.26 million in September, up 4.8% from one year earlier to set a new record high for the month. According to data from Redfin, the sales of luxury homes is occurring at more than twice the pace of price growth for non-luxury homes,...
Hits and Misses for the Real Estate Week of April 6-10
