Tag Archives: News Brief

How luxury clients may be impacted by Biden’s wealth tax proposal

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The “Billionaire Minimum Income Tax,” as outlined in Biden’s proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains — including real estate. Continue reading →

Trump appears at Cardone event, hints at future presidential run

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Trump’s surprise appearance took place at the 10X Growth Conference in Hollywood, Florida. Continue reading →

Transactly expands Connect brand with second acquisition of 2022

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A little more than a month after acquiring utility connection company Cake, transaction technology company Transactly has acquired 360 Home Connect to further expand its Connect brand line of services. Continue reading →

London Calling: Shares in Mayfair luxury penthouse now available from Pacaso

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London has become Pacaso’s first UK-based luxury home market, its second in Europe after launching its overseas operation in Marbella, Spain, in late 2021. Continue reading →

Single-family rental management firm Poplar Homes lands $53M

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Poplar Homes, a technology-driven property management company for investors and landlords of single-family rentals, raised $53 million in a round of Series B financing. Continue reading →

RentPath rental listings go live on Redfin’s real estate portal

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For the first time, Redfin users will now be able to search the Seattle-based brokerage’s online listing portal for homes and apartments for rent, it was announced Wednesday. Continue reading →

Near-record home price growth persists, but slowdown underway

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Home prices were 19.1 percent higher in October than the same time last year — a near-historic rate, but slightly lower than recent months, according to new S&P CoreLogic Case-Shiller index. Continue reading →

Mortgage rates dip as Omicron variant triggers market volatility

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Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. Continue reading →

Genstar Capital investment gives Inside Real Estate reason to celebrate the new year

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Private equity firm Genstar Capital has made a strategic growth investment in real estate technology company Inside Real Estate. Continue reading →