August 2024

Where Billionaires Are Buying Up Homes—Despite the Big Risks

Where Billionaires Are Buying Up Homes—Despite the Big Risks

And while Malibu is a perennial favorite among wealthy homebuyers, so are San Francisco , Aspen , New York City , Miami , and Palm Beach, FL. Each place boasts at least one sale among the year’s highest-priced transactions, all over $50 million. Why is America’s ultraluxury market still going strong, even while the restRead …

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How West Palm Beach Won COVID’s Real Estate Wars

How West Palm Beach Won COVID’s Real Estate Wars

Twenty-eight years too early is how developer Stephen Ross describes his firm’s arrival in West Palm Beach, the Florida city he’s now helping transform with a trio of new office towers, ultra-luxury condos, and soon, a university. Two-plus decades ago, the mega-developer and founder of Related Cos. struggled just to lease, and re-lease, retail spaceRead …

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Karlie Kloss and Joshua Kushner Snap Up Iconic Malibu ‘Wave House’ for $29.5 Million (After Securing Huge Discount)

Karlie Kloss and Joshua Kushner Snap Up Iconic Malibu ‘Wave House’ for $29.5 Million (After Securing Huge Discount)

Supermodel Karlie Kloss and husband Joshua Kushner are now the proud owners of one of the most iconic beachfront mansions in Malibu, CA, having reportedly purchased the lavish property at an incredible $20 million discount. Kloss, 32, and Kushner, 39—who is the brother of Ivanka Trump‘s husband, Jared Kushner—are understood to have snapped up anRead …

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How a Pickleball Court Could Keep You From Selling a Home

How a Pickleball Court Could Keep You From Selling a Home

While America’s ubiquitous pickleball craze seems to be serving up rabid devotion, there is one well-defined demographic that is souring on the sport: people who live near pickleball courts. A growing number of homeowners across the country are complaining that the pop, pop, pop of pickleballs (and the occasional cursing of its players) is notRead …

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Drew Brees Is Auctioning Off Incredible $7.5 Million ‘Treehouse’

Drew Brees Is Auctioning Off Incredible $7.5 Million ‘Treehouse’

Former New Orleans Saints QB-turned-NFL legend Drew Brees is auctioning off his forest retreat in Whitefish, MT —offering people a rare opportunity to snap up the A-frame “treehouse” escape for a fraction of the list price. The Super Bowl champ had the deluxe four-bedroom dwelling built with the help of “Treehouse Masters,” the same teamRead …

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Toronto House Where Meghan Markle Lived While Filming ‘Suits’ Is on the Market

Toronto House Where Meghan Markle Lived While Filming ‘Suits’ Is on the Market

A three-bedroom Toronto home where Meghan Markle lived while starring in the TV series “Suits” is back on the market asking C$1.895 million (US$1.39 million). The two-story house on Yarmouth Road, painted a charming violet hue with a turquoise front door and an A-framed roof, features a welcoming front porch and a driveway leading toRead …

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Why Pharma Moguls Are Auctioning Off $27M Mansion for $10M

Why Pharma Moguls Are Auctioning Off $27M Mansion for $10M

The couple who spent a staggering $27 million building one of New Jersey’s largest—and gaudiest—homes have revealed why they are now auctioning off the 40,000-square-foot property with a reserve price of less than half their investment. Pharmacological moguls Calvin and Orsula Knowlton first purchased the 7.7-acre plot of land on which their megamansion now sitsRead …

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The 10 Markets That Could See the Biggest Home Affordability Gains as Mortgage Rates Drop

The 10 Markets That Could See the Biggest Home Affordability Gains as Mortgage Rates Drop

Mortgage rates are set to decline, and some areas could see bigger gains in home affordability than others. A new Realtor.com® analysis shows the metro areas where affordability for the median earner will improve the most if rates drop to 6.3%, which could happen in the coming months. In other words, the monthly savings onRead …

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Baltimore Ravens Legend Jonathan Ogden Lists Las Vegas Megamansion for $3.8 Million

Baltimore Ravens Legend Jonathan Ogden Lists Las Vegas Megamansion for $3.8 Million

Former NFL Hall of Famer and Baltimore Ravens legend Jonathan Ogden is leaving Las Vegas —and hoping to score some serious cash on his way out. The stalwart offensive tackle, who played his entire NFL career with the Baltimore -based team, is hoping for a real estate touchdown after listing his sprawling Henderson, NV Read …

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