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Substrate placeholder — needs reviewTwo three-bedroom units in the historic Flatiron Building at 175 Fifth Ave. have entered into contract, one asking $11.97 million and the other $15.65 million. These deals bring the total contracts in the building to 11, with combined asking prices of $240.17 million. The buildin…
investopedia.comThe top 1% of US earners own $6.1 trillion in real estate, a record amount. The next 19% hold $21.0 trillion, also an all-time high. Combined, the top 20% control $27.1 trillion, representing 56.4% of all US real estate.
Substrate placeholder — needs reviewKyle Richards, known from 'The Real Housewives of Beverly Hills,' filed an eviction lawsuit against her sister Kim Richards in January 2025. The lawsuit seeks to remove Kim from a condominium in Los Angeles. The case involves family members and property ownership details reported…
Substrate placeholder — needs reviewA unit of Blackstone Inc. extended a $226 million loan to a group of industrial outdoor storage facilities located primarily in the US Sunbelt region. The facilities support logistics and distribution operations in growing economic areas. This financing aids the expansion and mai…
Usa TodayAn investment group that includes NBA player Kevin Durant has purchased the 500-acre site of the former Six Flags America theme park in Prince George's County, Maryland. The park, which operated for five decades, closed in November 2024 after Six Flags determined it was not a str…
Substrate placeholder — needs reviewFreddie Mac reported that the average 30-year fixed-rate mortgage decreased to 6.37% for the week ending April 9, down from 6.46% the previous week. The 15-year fixed-rate mortgage averaged 5.74%, a slight decline from 5.77%. These rates reflect weekly surveys of lenders by the g…
Substrate placeholder — needs reviewRealtor.com has released a report on 13 U.S. housing markets where at least half of active listings exceed $1 million, with fewer than 500 such listings in each. Nantucket, Massachusetts, tops the list with nearly all active listings at $1 million or more and a median price of $4…
Substrate placeholder — needs reviewConsumerAffairs analyzed U.S. states using data from the U.S. Census Bureau and other sources to rank them on renter metrics including affordability, availability, quality of life, and tenant protections. North Dakota ranked first for the third consecutive year, followed by Color…
qz.comThe median rent in Manhattan has hit $5,000 per month, marking a historic high according to data from MorePerfectUS. Separately, US spending on data center projects has surpassed spending on office developments for the first time, as reported by Bloomberg. These trends reflect sh…