Real estate fundraising plunges to lowest level since 2013

The amount of capital raised by real estate private equity funds shrunk from $35 billion in the fourth quarter of 2018 to $18 billion in 2019. Continue reading

California home sales set back by high cost of fire insurance

Home sales in certain at-risk parts of California are beginning to fall as wildfires become an annual reality in the state. Continue reading

9 private islands in the Bahamas listed for $30M

A set of nine Bahamian islands 70 miles off the coast of Florida and once visited by Richard Nixon have been listed for $29.9 million. Continue reading

News Corp. earnings fall short, but realtor.com parent Move saw growth

News Corp., owner of popular portal realtor.com, revealed Thursday that its revenue declined more than expected in recent months, though realtor.com’s parent Move actually saw revenue grow. Continue reading

Next big luxury design trend? Think dinosaur fossils

Homeowners are showing interest in dinosaur fossils as one-of-a-kind fixtures sure to spark interest and envy or as part of their mission to establish private museums. Continue reading

Uptick in mansion tax drags NYC luxury sales to 4-year low

Combined with an rising transfer tax, the uptick has caused luxury sales for properties priced above $2 million to fall 31.5 percent. Continue reading

Extravagant Los Angeles spec mansion sells for $43M

A Los Angeles spec mansion built by billionaire British property developers Ian and Richard Livingstone has just sold for over $40 million. Continue reading

$11.8M Kansas mansion comes with a surprising aquatic perk

A 18-acre property, which just hit the market for $11.8 million, sits on a network of water-filled tunnels designed specifically for scuba diving. Continue reading

Chinese billionaire buys $75M mansion after browsing Zillow

A Chinese billionaire made an all-cash offer on a luxury Bel Air estate owned by The Arya Group builder Ardie Tavangarian and his wife Tania after finding it on Zillow. Continue reading

The Real Word: Is college the biggest racket in America?

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll discuss whether college itself, which can create insurmountable debt, is a racket after the news that real estate executives are a… Continue reading