Real Estate News

home

President Biden’s New Affordable Housing Plan 

The housing market in the US has been hitting historic lows within the past few years. Sales are slow, current homeowners are unable to move because they don’t want to lose the record low mortgage rates they got during the pandemic, and first-time homebuyers are finding starter homes to be less and less affordable. 
naples

Most Expensive Home In The US Goes On Sale For $295 Million

The most expensive home for sale in the US has officially hit the market at a listing price of $295 million. The property is called Gordon Pointe, and is located in Naples, Florida, on the Gulf Coast within an enclave known as Port Royal. The property is also about 9-acres. 
for sale

45% Of Real Estate Agents Claim They’re Struggling To Pay Rent 

According to a monthly report from Alignable, 45% of real estate agents who own their firms stated that they’re struggling to pay their offices rent in the month of November. This is a 5% increase from October, and 10% higher than September’s data, citing a consistent increase. 
bed bath beyond

Empty Bed Bath & Beyond Stores Are Hot Commercial Real Estate Opportunities

Commercial real estate retailers are seeing a major rise in available spaces due to the influx of empty Bed Bath & Beyond stores. 
court

Vietnam Real Estate Billionaire Sentenced To Death In $12 Billion Fraud Case 

Real estate billionaire Truong My Lan was sentenced to death in a court in Ho Chi Minh, Vietnam for organizing the nation’s largest financial fraud case. The punishment is being regarded as a pivotal moment in a decadelong anti-corruption campaign from the Vietnamese business community.