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Lone bidder purchases infamous Surfside condo site for $120M
Dubai-based luxury developer Hussain Sajwani has purchased the former site of the Champlain Towers South condominium for $120 million, according to The Miami Herald on Saturday. Sajwani was the only bidder for the oceanfront acreage where 98 residents died during a tragic building collapse last year.
After 6 years of focus, Airbnb reports removing listings in China
CNBC reports the short-term rental company will maintain a presence in the country to focus on outbound travel from China.
Atlantic City is the most affordable beach town in the U.S. in 2022
There's a misconception that homes in beach towns are unattainable for many Americans because of their higher prices, but Realtor.com says that's just not so — here's a list of affordable beach towns for homebuyers to explore.
St. Louis County woman admits $267000 COVID-19 rental assistance fraud - Department of Justice
St. Louis County woman admits $267000 COVID-19 rental assistance fraud Department of Justice
Ribbon, Cry-Leike partner to launch Power Buyer services in Arkansas
A leading independent real estate brokerage, Crye-Leike, was Ribbon's partner in launching Power Buyer services in Alabama in December.
Short-term rental demand might set a record year, AirDNA report says
Demand is up 25 percent despite uptick in occupancy levels. Investors are earning more revenue and adding more supply.
Seven Must Reads for the CRE Industry Today (May 24, 2022) - Wealth Management
Seven Must Reads for the CRE Industry Today (May 24, 2022) Wealth Management
Las Vegas, Nevada's biggest real estate deals see no transfer taxes - Reno Gazette Journal
Las Vegas, Nevada's biggest real estate deals see no transfer taxes Reno Gazette Journal
Rittenhouse Realty Advisors, a Member of GREA, Sells 92 - GlobeNewswire
Rittenhouse Realty Advisors, a Member of GREA, Sells 92 GlobeNewswire
NAR Forum Hones in on Equity, Housing Crisis
A policy forum hosted by the National Association of REALTORS® (NAR) and the Urban Institute last week titled, “Financing the Future,” added more details, more insights and more urgency to the interconnected crises of housing affordability, inequality, financing and supply.
With panels including representatives of major trade organizations, advocacy groups, policymakers and journalists, the event took a broad view of the difficult, associated factors that have collided to create one of least affordable and most unpredictable housing markets in decades.
Majority Willing to Take Action to Find More Affordable Housing
As the housing boom continues, with home prices setting records and rising rents further stretching Americans’ budgets, new data from Bankrate shows that 58% of U.S. adults would be willing to take action to find more affordable housing.
Berkshire Hathaway HomeServices Expands Presence in Wisconsin
Berkshire Hathaway HomeServices has announced its further expansion in the state of Wisconsin with the addition of Berkshire Hathaway HomeServices Matson Real Estate. The growth comes on the heels of the Berkshire Hathaway HomeServices network’s growth in Massachusetts and Florida, the company stated.
Data Intelligence Firm Buyside Rebrands to Percy
Buyside has announced $10 million in equity funding and said it’s changing its name to Percy.
$55M Billionaires’ Row sale among NYC’s priciest of 2022
The sale of the 6,300-square-foot unit marks one of the biggest of the year in the New York luxury market.
