Clik here to view.
Someone is selling a 'spectacular' penthouse in Miami — but they're only...
A penthouse in Miami is selling for the equivalent of about $547,000. The seller is only accepting bitcoin. Bitcoin has surged more than 1,500% this year. For 33 bitcoins, this "spectacular" penthouse...
View ArticleClik here to view.
Sluggish condo development is dragging down New York City real estate
New condo development has slowed in New York City. Average prices for a Manhattan condo stayed flat this year, data show. New development condos were the weakest player in this year’s condo market,...
View ArticleClik here to view.
A day in the life of a power real estate broker who sells penthouses worth...
Leonard Steinberg is a New York City-based real estate broker and a president at Compass.Working mostly with units inside luxury buildings, Steinberg has been responsible for over $3 billion in...
View ArticleClik here to view.
The secret to Steve Jobs' and Elon Musk's success, according to a former...
George Blankenship knows a thing or two about innovative companies.Now an independent consultant, Blankenship was previously a vice president at Tesla Motors from 2010 to 2013, and a vice president of...
View ArticleClik here to view.
National home prices are expected to take a hit after tax reform — and two...
Both the House and the Senate voted to pass the final GOP tax bill on Wednesday.The tax bill is set to disproportionately affect homeowners in affluent parts of the US.Several housing markets in the...
View ArticleClik here to view.
Forget New York — millennials are flocking to these 11 US cities in droves
Cities like New York and Washington, DC, have always attracted young people looking to get their start.But factors such as rising real-estate prices and stiff job competition have sent millennials...
View ArticleThe glory days for US luxury real estate are over
Wolf Richter with Jim Goddard on “This Week in Money“:The “aspirational” asking prices in the super high-end housing market used to fly in the glory days of 2015, but they aren’t flying anymore....
View ArticleClik here to view.
Inside the secretive waterfront town that's home to Bill Gates' $125 million...
Forget about the Upper East Side of New York or Atherton, California, as bastions for the ultrarich.The tiny waterfront city of Medina, Washington, is where several of the world's wealthiest people...
View ArticleClik here to view.
San Francisco rent is so expensive that a law firm bought a $3 million plane...
San Francisco's median rent is $4,450, nearly three times that in Houston.Instead of hiring expensive talent in the Bay Area, one Houston-based law firm flies its lawyers in on a private jet once a...
View ArticleClik here to view.
Silicon Valley giants are investing hundreds of millions in housing projects...
Tech giants like Facebook, Google, and LinkedIn are known for their digital products. But in the past several years, these companies and others like them have started to focus on an industry beyond...
View ArticleClik here to view.
Uber and Lyft are changing where rich people buy homes in New York City
Luxury real estate broker Leonard Steinberg has sold over $3 billion worth of New York real estate.But Uber and Lyft, Steinberg says, are changing where wealthy people buy homes in the city.He said...
View ArticleClik here to view.
Former J.Crew CEO Mickey Drexler just dropped $13.7 million on an empty plot...
Mickey Drexler is the former CEO of J.Crew.He stepped down from the role in July 2017.Drexler has spent over $25 million on real estate in Miami in the past year.J.Crew's former CEO is splurging on...
View ArticleClik here to view.
These are the 10 hottest housing markets in America to watch in 2018
The US housing market has regained its momentum.About half of all homes in the country are worth as much or more than they were in April 2007, during America's most recent housing boom, according to...
View ArticleClik here to view.
Real estate investing start-up Cadre has inked a $250 million partnership...
Cadre, an online commercial real-estate investing platform that has raised more than $130 million in funding, has secured a partnership with Goldman Sachs.The deal provides Goldman Sachs' private...
View ArticleClik here to view.
Landlords offer record freebies to New York City apartment hunters in...
Landlords in New York City offered concessions like a month of free rent to lease a record share of apartments last month, according to the real-estate appraiser Miller Samuel. Apartment hunters are...
View ArticleClik here to view.
$1.2 billion startup Flatiron Health is leaving the Flatiron neighborhood...
Flatiron Health will be leaving the Flatiron neighborhood in New York in spring 2018.The $1.2 billion company is moving into a 108,000 square-foot space at One SoHo Square, a space that's almost twice...
View ArticleClik here to view.
Amazon CEO Jeff Bezos rejected an offer from the richest real estate...
Amazon has narrowed the list of cities vying to become the future site of Amazon HQ2 from 238 down to 20.Donald Bren, the richest real estate developer in the US, wrote a letter in October to Jeff...
View ArticleClik here to view.
The billionaire producer behind 'Godzilla' and 'Jurassic World' just listed...
Thomas Tull, the billionaire producer of blockbuster films "Godzilla" and "Jurassic World," just listed his Los Angeles mansion for $85 million.The 33-acre compound has a lake and an organic...
View ArticleClik here to view.
The most expensive home for sale in every US state
There's nothing like America's over-the-top real estate to remind you that nearly one-third of the world's billionaires call the US home.But luxury comes in many forms — and at varying price points —...
View ArticleClik here to view.
Big investors are valuing homes with a method outlawed for everyone else...
Large investors are increasingly using so-called broker price opinions to value and purchase thousands of homes on the brink of foreclosure.This method is used in place of traditional appraisals, which...
View Article