Nonprofit to buy home occupied by homeless moms since November

California Governor Gavin Newsom and Oakland’s mayor have signed on to a solution that would allow the nonprofit to buy the home “for a price not to exceed the appraised value.” Continue reading

JLL, Century 21 among top real estate firms on Forbes diversity list

A handful of well-known real estate firms have landed on Forbes’ 2020 list of best employers for diversity, with JLL and Century 21 taking the top spots among companies in the property business. Continue reading

Vulture investors are scooping up defaulted real estate debt in China

Several large firms have invested more than $3B in nonperforming Chinese commercial loans, according to a Wall Street Journal report. Continue reading

Preservationists want Jeffrey Epstein’s New York mansion to be a museum

Groups fighting the Frick Collection’s expansion want the institution to purchase the mansion as an alternative to their current plans. Continue reading

Colorado MLSs team up to share data

A group of Colorado multiple listing services (MLSs) announced Monday that they have teamed up to share their data, continuing a trend in the industry that has seen increased cooperation among such organizations. Continue reading

Chrysler legend Lee Iacocca’s Bel Air home hits the market for $26M

The 11,000-square-foot Tuscan-style home has hosted greats such as Bob Hope and Frank Sinatra. Continue reading

Bobby Darin’s one-time Beverly Hills home listed for $8.5M

Its home recording studio has been used over the years by the Red Hot Chili Peppers, Black Sabbath, Carlos Santana and Ozzy Osborne. Continue reading

Amazon HQ2 housing boom continues to rock northern Virginia

The average home sale price in Arlington and Fairfax counties rose by 4 percent between 2018 and 2019 — from $590,000 to $615,000. Continue reading