Florida’s Barrier Islands have a wealth of attributes – waterfront, abundant views and a tropical paradise vibe. This palatial Georgian estate graces 160 feet of Intracoastal Waterway on private Gem Island in the John’s Island community of Indian River Shores. The 11,758-square-foot home lies on the 1,650-acre John’s Island, a waterway envisioned half a …
Real Estate
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Thursday he recently paid off a mortgage using profits from his investment in bitcoin. Cramer said he bought “a lot of bitcoin” when the world’s biggest cryptocurrency was priced at around $12,000. He said he has now sold about half of his position. “I paid
Outside, it’s part private park, part sanctuary. Inside, it’s an elegant, designer hideaway worthy of a magazine centerfold. Altogether, it’s a compound for the ages and the latest trophy to hit a surging luxury real estate market in Montecito, Calif. Called Mira Vista, the sprawling estate of more than 28 acres listed for sale last
Is “deal or no deal” a popular refrain from a successful game show or is it the voice of real estate investors who are growing concerned about the potential repeal of Section 1031 of the Internal Revenue Code? A recent read of the Biden/Harris tax plan reveals a $4 trillion tax hike, and one
In yet another sign of the white-hot residential market in Florida, Guggenheim Partners chief investment officer Scott Minerd bought a pair of penthouses in Miami for $12.5 million, sources familiar with the transaction tell Forbes. The purchases comprise an entire floor of the 51-story Biscayne Beach tower, in what appears to form the largest penthouse
People wait to visit a house for sale in Garden City, Nassau County, New York, on Sept. 6, 2020. Xinhua News Agency | Getty Images It was a mixed week for rates, which started high and then fell slightly, but the damage was done early. Total mortgage application volume decreased 3.7% for the week, according
Is it possible to create flexible and health-conscious yet unconfined residential interiors for the post-pandemic age? The architects at prolific New York City architectural firm CetraRuddy believe so. The innovative and malleable interior designs they created over the past few months are applicable not only during quarantines of the kind endured lately, but also during
If you’re a real estate owner or investor, you may have noticed a significant increase in insurance costs compared to previous years. In fact, renewal increases have jumped 20% year-over-year, according to Q3 2020 data from Marsh’s Global Insurance Market Index, a measure of global commercial insurance premium pricing. “This increased expense can affect a
Ariel Skelley | The Image Bank | Getty Images With age comes increased frugality. As people reach retirement age, it’s been common practice to get rid of what you don’t need, including personal items, extra expenses and oversized, hard-to-manage properties. For years, the average American retiree has charted a predictable course through retirement, choosing smaller,
Rick Nazarro of Colonial Manor Realty talks with a pair of interested buyers in the driveway as a couple waits to enter a property he is trying to sell during a “controlled” open house on May 2, 2020 in Revere, MA. Blake Nissen | Boston Globe | Getty Images The housing market has been white
There’s more executive turmoil swirling at Better.com, one of the mortgage industry’s hottest new startups, and it’s hitting just days after reports that SoftBank is investing $500 million of new funding that values the business at $6 billion. Elana Knoller, Better’s chief product officer, has been placed on administrative leave following allegations of bullying and
Dig deep enough through the history of almost any Los Angeles home and you’ll likely come across a tie to Hollywood—whether it’s as an owner, former resident, house-flipper, or guest. This classic residence in the Spaulding Square neighborhood of Los Angeles has twice been home to showbiz types. Seven years ago, director-turned-period renovator/designer Steven Antin
Summer vacation plans are still on pause for millions of homeowners, which means lots of people are looking for ways to turn their outdoor spaces into dreamy warm weather escapes. “People are craving the idea of taking a vacation,” says designer Sara Barney. “As a way to replace a tropical trip, homeowners have started focusing
There is perhaps no business more grounded in community than real estate. As trusted advisors to people looking for a place they can call home, real estate agents and brokers have an influential role in promoting and developing communities in the markets they serve. It is for this reason that operating with integrity and mindfully
The fourth annual Kips Bay Decorator Show House in Palm Beach is all about color, pattern, whimsey, drama and personality. If we follow the lead of the 20 designers whose work is showcased in the 4,400 square foot Mediterranean villa located at 7417 South Flagler Drive, we will reach for saturated color, big patterns, wallpaper
This sculptural home in the Sydney suburb of Castle Cove evokes a winged creature nestled into the hillside above the bay. The distinctive shape comes from the structure’s cantilevered rooflines, which slope gently down from the edges, and its trapezoidal concrete walls. Merged with steel, glass and wood, the home feels firmly grounded in the
The latest pricy purchase in Florida, one of the state’s highest, goes to Oracle co-founder Larry Ellison. He purchased this Tuscan style mansion from Gabe Hoffman, founder of Accipiter Capital Management, for $80 million or just a shave over its asking price of $79.5 million, reports the Wall Street Journal. Hoffman bought the main parcel
Mortgage rates finally stopped their upward climb — at least temporarily. According to the latest data from Freddie Mac, mortgage rates dropped over the last week, falling from 3.18% to 3.13% on 30-year, fixed-rate loans. It’s the first time in two months that rates have dropped. “After moving up for seven consecutive weeks, mortgage rates
Much like Beverly Hills in Los Angeles or Tribeca in New York, the eastern Honolulu neighborhood of Kahala is famous for the affluence of its residents. Billionaires, celebrities and business moguls worldwide have gravitated to the oceanfront enclave, buying luxury mansions and a paradise where soft-sanded beaches and green expanses of the iconic Diamond Head
Serial trophy home buyer Larry Ellison has added another prize to his vast real estate collection after purchasing an $80 million mansion in North Palm Beach this week, the third largest oceanfront home in the posh Florida county. The six-acre property—inside a gated community—boasts more than 500 feet of ocean frontage in a neighborhood that includes
After looking at more than 50 houses and writing 17 offers, Taryn and Antonio Orellana recently closed on a house in Lakewood, Calif. Source: Taryn Orellana When pandemic life began to feel too tight inside the one-bedroom apartment Taryn Orellana shared with her husband, Antonio, she knew they had to move. In October, the couple
The days of the National Guard strolling a containment zone in New Rochelle, New York may have ended, but the visible reminders of the Covid pandemic on the city’s streets will last for years to come. Some of the changes will be ways to stop people from getting too close to each other—such as physical
The economy is reopening at a fast pace. Restaurants, sports arenas and even offices are filling up again as pandemic restrictions lift. And that means many folks who have been sequestered in their homes for the past year are venturing forth, even if they don’t exactly look the same. The stressful and sedentary nature of
In this article ZG DAI-DE Zillow President Susan Daimler told CNBC on Friday that the housing market remains hot, despite the drop in pending home sales in the month of February. The National Association of Realtors reported that signed contracts on existing homes declined more than 10% that month from January. Daimler said it was
Just before a power lunch at Sant Ambroeus in Palm Beach, real estate billionaire Jeff Greene picks up the phone to discuss the past year’s “huge migration” to Southern Florida. “People have realized that they can get a much higher quality life and still make the same amount of income,” he says. “I’ll see more
According to 2020 Year-End: Life Science National Overview & Top Market Clusters, a recent report from Newmark, both tenant and institutional investor demand for life science real estate remains vibrant. Low lab vacancy rates in life science markets reflect substantial appetite and limited supply of existing wet lab space. While prime drawing cards like Boston
Joseph is CEO of TenantCloud, a cloud-based property management solution that helps landlords maximize revenue from rental properties. As the pandemic continues, so too does economic hardship. One year after the national stay-at-home orders that left the entire country bunkered in their homes, our nation is in a housing crisis as many Americans are in danger
Pedestrians wearing protective masks walk past signage for SoftBank Corp. near a store in Tokyo, Japan, on May 15, 2020. Kiyoshi Ota | Bloomberg | Getty Images SoftBank has invested $500 million in digital mortgage lender Better.com amid what has been a hot U.S. residential real estate and mortgage refinancing market fueled by record low interest
After an unfortunate delay due to Covid, the collegiate Solar Decathlon (SD) event is about to happen next week – for the first time it will be virtual. For those not aware of this event – the Solar Decathlon is run by the United States Depart of Energy and is an incredibly inspiring event. It
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Marketing real estate isn’t an exact science, and for that reason, it can be perplexing. Consistency is the key to successful marketing outcomes. You can’t know what method will be the most effective for you if you only
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