News

New York RE Sees Strong Interest From Foreign Investors, as New Listings Rise After Phase 2 of Reopening

US Luxury Residences Bounce Back as Demand Shifts to Locales Outside NYC's Five Boroughs

Waterfront Estate Hits the Market for $79.5 Million, the Week's Most Expensive Listing in Palm Beach County
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?

This gorgeous Potomac, Mayland mansion recently went viral not because of its $4.5 million price tag but rather for a “fake town” hidden in its basement. Find out more about this house and other unusual houses that you may have never heard of before. 
Walt Disney Co. Indefinitely Delays California Reopening
Walt Disney Co. indefinitely delays the reopening of its theme parks in Anaheim, California, as COVID-19 cases rise in some states including California. 
OJO Labs Raises $62.5-Million, Acquires a Home Listing Website (3rd Company in 2 Years)
OJO Labs announced that it had closed Series D funding round and raised $62.5-million, and acquired California-based home listing site Movoto. 
Asset Management Company Says That Demand for Office Spaces Will Rise Under New Normal
Brookfield Asset Management Inc., which has reopened almost all of its global office spaces, sees that demand for office space will rise as workers return under a new normal, Bloomberg reports. 
Vornado Looking to Sell Property Co-Owned by Trump Organization
New York-based Vornado Realty Trust is looking to sell its 70 percent interest in the two office towers — one in San Francisco and another in Manhattan, Bloomberg reports. 
Is Your City Among the Top 50 Safest Cities in Texas?
According to a recent survey, 16 percent of people in Texas have experienced a violent crime in the last 12 months, while almost half of the respondents felt concerned about their safety. The survey also revealed that all of Texas' 50 safest cities reported lower than state and national violent crime rates. 
US House Prices Seen to Grow Post-Pandemic
U.S. house prices are expected to survive the economic downturn and even projected to outpace consumer price increases, the latest survey results say. 
Real Estate Is Still America's Favorite Long-Term Investment
Real estate is still the most favored long-term investments to Americans, continuing its streak since 2013, the latest Gallup report says. 
Coldwell Banker Real Estate Franchisees Announce Major Changes
Coldwell Banker Premier Properties has merged with the Schmidt Family of Companies while the mother-daughter team of Michelle and Amanda Lewis takes the helm at Coldwell Banker American Home. 
Travis Scott Buys Brentwood Mansion for $23.5 Million
Travis Scott has recently purchased a Brentwood Mansion, dropping a whopping $23.5 million for the hilltop house, Variety reported.