A Hong Kong home is asking a whopping $2M in annual rent

Wharf Holdings Ltd. is leasing out a property in its ultra-exclusive The Peak neighborhood for HK$1.35 million, or approximately $174,000 a month. Continue reading

House on the highest street in Palm Beach sells for $15.2M

A lakefront home located on the most elevated street in Florida’s Palm Beach just sold for its land value of $15.2 million. Continue reading

These are the 2 things luxury buyers want right now

At Inman Connect Now, top luxury agents discussed how the pandemic has changed the wish lists and priorities of luxury buyers. Continue reading

‘We’re watching recovery happen as we speak’: Economists

The long-term prognosis is more optimistic than many think, economists from Zillow and Windermere said during a panel at Inman Connect Now on Wednesday. Continue reading

Demand for mortgages continued in last week of May: MBA

“High unemployment and low housing supply may restrain a more meaningful rebound in purchase applications,” Joel Kan of the Mortgage Bankers Association said. Continue reading

Why people are renting apartments by the hour during quarantine

Months of coronavirus lockdowns are spurring the rise of a new kind of real estate service — apartment rentals by the hour. Continue reading