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Real Estate
Richard Saghian splashes out $30M for Miami Beach homes
Fashion Nova’s billionaire founder Richard Saghian has splashed out $30 million for a prime piece of Miami Beach property — two of them, in fact.
The retail mogul…
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Minka Kelly Sells Her Longtime Los Angeles Home for $1.34 Million
Minka Kelly is!--/#cb-b8f9e18cd033a00af5270eb39847bdf7-->…
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Mortgage rates spike for third straight week while buyers grow cautious
Mortgage rates rose for the third consecutive week, prompting fewer homebuyers and refinancers to move forward with transactions.The average 30-year fixed-rate mortgage rose to…
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Home-Purchase Demand Destruction Accelerates, Prices Too High, Buyers’ Strike
Too-high prices destroy demand. Everyone knows that. Lower prices would bring out demand.
By Wolf Richter for WOLF STREET.
The extent to which demand for existing homes…
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Aurora building housing Northrop Grumman sells for $27.3M
About 1,100 Northrop Grumman System employees work in the building near Buckley Space Force Base.
AURORA, Colo. — A Washington, D.C.-based real estate…
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Hong Kong to Relax Housing Rules, Cut Liquor Tax in Growth Push
(Bloomberg) -- Hong Kong will loosen mortgage rules and cut an alcohol tax in a series of measures seeking to support the flagging real estate sector and boost spending, as…
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The little-known factor that could help mortgage rates go lower
Many prospective homeowners are in a bind: Prices are high. Inventory is limited. And mortgage rates are ticking up again.But one factor that helps determine mortgage rates…
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Proposed development could add two apartment towers along Beltline
“We are incredibly excited about this next phase of the Fourth Ward project and continuing our thesis of bringing in world-class architects to work in our hometown,” New City…
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Maguire About to Foreclose on Financial District Buildings
Marvin Azrak’s Maguire Capital is set to foreclose on two historic properties in the Financial District.Maguire initiated a U.C.C. foreclosure on the equity interests of two…
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Florida condo owners fight back after facing $3,000 hike in fees each month amid
A group of Florida condo owners are fighting back after facing a potential $3,000 hike in fees each month amid the real estate crisis. Residents of Harborage Condos in Palm…
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