Brokers are beginning to see bright side of post-settlement landscape

Industry changes stemming from the National Association of Realtors’ antitrust settlement have made listing appointments easier, among other perks, real estate leaders told Inman. Continue reading

Alexander brothers denied bond in federal sex-trafficking case

Despite offering exorbitant bail packages, the brothers failed to sway prosecutors that they should be granted bond. They will be detained until their trial. Continue reading

Jeff Bezos adds $90M mansion to Miami property portfolio

The mansion marks the Amazon founder’s third such purchase on Indian Creek Island, an exclusive enclave in Miami with limited availability. Continue reading

Major real estate players push back against Florida’s foreign buyer ban

Lobbying group the Real Estate Roundtable, which represents the interests of investors like Citigroup Inc., Blackstone, Related, Starwood and Wells Fargo & Co., is appealing to state legislators to amend Governor DeSantis’ new, restrictive foreign… Continue reading

Inflation stays flat in October, but shelter costs continue to rise

The index for shelter rose 0.3 percent between September and October and was up 6.7 percent year over year, according to CPI data released Tuesday.  Continue reading

Hotels and Airbnb, Vrbo in heated battle as business travel ramps up

Both hotels and short-term rental companies are vying for customers seeking out extended stays through new offerings as business travel ramps up across the U.S. this fall. Continue reading

The office market might recover. It just has to crash first, investors say

Seventy-three percent of the more than 900 real estate investors who responded to a recent Bloomberg survey said commercial real estate prices would fall through at least late 2024. Continue reading

Once-priciest home in US slashes ask by a hefty $55M

The Central Park Tower penthouse, developed by Extell and Shanghai Municipal Investment, initially asked $250 million. The property is currently the tallest residence in the world. Continue reading

Palm Beach’s sole private island lists for $218M, poised to break records

If the island, which includes a 21,406-square-foot mansion, sells close to its asking price, it will easily set a record for Palm Beach sales and come just shy of the national record. Continue reading