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Hits and Misses for the Real Estate Week of Dec. 2-5

Hits and Misses for the Real Estate Week of Dec. 2-5

by Phil Hall | Dec 6, 2024 | Hits and Misses, International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 2-5. Hit: A New Home for...
Now Open: The World’s Most Expensive Real Estate Development

Now Open: The World’s Most Expensive Real Estate Development

by Phil Hall | Dec 5, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Monaco is home to a new development that makes Dubai look like an affordable housing project. The Times of London reports the tiny European principality has opened, Mareterra, a 14-acre district built on land reclaimed from the sea. Homebuyers in Mareterra have a...
$15.85 Million Home Sale Breaks Record for North Carolina

$15.85 Million Home Sale Breaks Record for North Carolina

by Phil Hall | Nov 25, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

North Carolina scored a new record-breaking home sale with a $15.85 million transaction in the state’s Blue Ridge Mountains. According to Mansion Global, the approximately 13,500-square-foot home on a 7.64-acre is in Banner Elk, an affluent vacation destination...
Montana’s Cromwell Island Listed for $72 Million

Montana’s Cromwell Island Listed for $72 Million

by Phil Hall | Nov 25, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Cromwell Island, the largest freshwater island under single ownership in the western US, has been listed for $72 million. The 348-acre island is located approximately one hour from Glacier National Park on Flathead Lake in Montana and can be reached by a ferry....
Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate

Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate

by Phil Hall | Nov 20, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investor Bo Belmont and his company, Belwood Investments, have made a $30 million offer on the Los Angeles home of the jailed music mogul Sean “Diddy” Combs. Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60...
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