Featured Real Estate News
$17.2 Million Listing for Penthouse Sets Record in Uruguay
A luxury penthouse in Uruguay’s seaside resort city of Punta del Este is being listed for $17.2 million, a new record high for that South American country’s housing market. Mansion Global reports the 17,500-square-foot condominium is based in Cipriana Punta del Este...
$17.2 Million Listing for Penthouse Sets Record in Uruguay
Edgardo Defortuna, CEO at Fortune International, who is leading sales for the project, observed, “This is a trophy property within a landmark development that introduces a level of design, hospitality and service that Punta del Este has never experienced before.” Continue Reading $17.2 Million Listing for Penthouse Sets Record in Uruguay
DDB Capital to Create 52-Acre Residential Community in Alabama
DDB Capital Fund LLC ("DDB Capital"), an Alpharetta, Georgia-headquartered real estate investment fund, announced that the City of Cullman has approved a rezoning for the creation of a 52-acre residential community. The new community, which will be named Brock Trace,...
New FICO Mortgage Simulator Previews Potential Impact of Different Credit Actions
myFICO, the consumer division of FICO (NYSE: FICO), has rolled out the FICO Mortgage Score Simulator, a new tool designed to help consumers better prepare their credit health before applying for a mortgage. Now available to myFICO Premier subscribers, the new tool...
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Citi has launched its $60 billion Blueprint for Housing Opportunity, a five-year endeavor designed to create and preserve at least 250,000 housing units nationwide. The New York City-headquartered banking giant also announced that the Citi Foundation will deploy $50...
News & Current Events
Report: San Francisco’s Iconic Transamerica Pyramid to Be Sold
The deal has yet to be finalized and sale price was not disclosed. Continue Reading Report: San Francisco’s Iconic Transamerica Pyramid to Be Sold
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer
South Florida Real Estate Gets Increased Inquiries from China
“Asia represents the next major growth market for South Florida real estate,” Alfredo Pujol, chairman of the board of the Miami Association of Realtors. Continue Reading South Florida Real Estate Gets Increased Inquiries from China
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Exclusive News
NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms
The city filed a lawsuit against Mark David Militana, who owns two brownstone buildings on Manhattan’s Upper West Side. Continue Reading NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms
Albuquerque House Featured in ‘Breaking Bad’ Relisted at Significant Discount
Once listed at $4 million, it is back for sale at $400,000. Continue Reading Albuquerque House Featured in ‘Breaking Bad’ Relisted at Significant Discount
Hits and Misses for the Real Estate Week of Feb. 2-6
A baseball team gets evicted from its stadium, a five-year-old lawsuit is settled, and a pizza chain loses 250 stores. Continue Reading Hits and Misses for the Real Estate Week of Feb. 2-6
Report: White House Considers Antitrust Investigation of Homebuilders
President Trump and Federal Housing Finance Agency Director Bill Pulte called out builders for not creating enough new housing. Continue Reading Report: White House Considers Antitrust Investigation of Homebuilders
Tennessee Titans Donate $250,000 for Emergency Winter Housing Assistance Program
The program is designed to help Nashville-area residents who are unable to cover their housing payments due to hardships caused by Winter Storm Fern. Continue Reading Tennessee Titans Donate $250,000 for Emergency Winter Housing Assistance Program
Northrop Realty Expands into Florida Luxury Market
“Naples is a market defined by sophistication, lifestyle, and enduring value,” said Creig Northrop, CEO of Northrop Realty. Continue Reading Northrop Realty Expands into Florida Luxury Market