Author Archives: Richelle Hammiel

EXp Realty to host AI-powered Hackathon in Miami Beach

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The brokerage is set to host its inaugural Hackathon on Oct. 26. In addition to prizes, participants will have the chance to network with industry leaders. Continue reading →

Michael Jordan’s Northern Chicago mansion scores potential buyer

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After 12 years on the market, Jordan’s Highland Park mansion is finally in contingency following price cuts totaling nearly $15 million. In the end, the final list price clocked in at $14.855 million. Continue reading →

Mortgage payments cheaper than rent in nearly half of all US metros

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Mortgage rates have dropped to their lowest levels since 2023 in 22 of the 50 largest U.S. metros — even as rent prices continue to rise, according to a new analysis from Zillow released on Monday. Continue reading →

Second-home mortgages decline amid economic uncertainty

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U.S. homeowners are showing less interest in taking on second-home mortgages, as elevated prices and economic jitters make these properties less appealing, Redfin reported on Thursday.
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NYC favors life-science workspaces over affordable housing

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The growing need for affordable housing has generated interest in utilizing NYC’s Kips Bay site for residential development, but the Adams administration has declared the plan unviable. Continue reading →

Harrison Polsky talks data-driven sales, market trends

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Many clients may prioritize emotional connections when hunting for resale homes, but Polsky takes a deliberate, data-driven approach, focusing his team’s efforts on newly-built properties. Continue reading →

Michael Jordan’s $14.8M mansion still unsold after 12 years on market

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The NBA superstar’s Highland Park estate at 2700 Point Drive was first listed for $29 million in 2012. By 2014, the price had dropped to $16 million, and it is now on the market for $14.8 million.
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Maryland- and Canada-based real estate teams join eXp Realty

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The addition of both The Bryce Hansen Team and The Maryland and Delaware Group follows eXp Realty’s acquisition of other top-performing teams this year, including Toronto-based Polsinello Team, which switched from RE/MAX in August, bringing 25 agents t… Continue reading →

Nearly half of NYC’s out-of-state buyers come from these locations

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Living in New York City remains undeniably expensive, with sale prices in some neighborhoods reaching $7.5 million, yet out-of-state buyers are still drawn to the city, according to “The New York Times.” Continue reading →

Dorm decor goes luxe as students opt for high-end designers

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The trend of parents and college students shopping at budget-friendly stores like Target and IKEA for DIY dorm decor may be fading as more students are turning to professional interior designers for their dorm rooms, The New York Times reported on Friday. Continue reading →