Luxury Homes Remain a Safe Haven for Billionaire Buyers. Despite global challenges such as climate disasters and high mortgage rates, luxury real estate remains a favoured asset class for billionaires. High-end properties continue to attract ultra-wealthy buyers, who see them as stable investments amid broader economic volatility. This trend underscores the resilience of the luxury […]

Philadelphia Avoids Nationwide Eviction Surge. Unlike many U.S. cities, Philadelphia has managed to avoid a surge in evictions, thanks to proactive measures by local authorities. The city’s focus on tenant protections and rental assistance programs has helped keep eviction rates low, despite broader economic pressures. This approach is being watched closely as a potential model

NAR Faces Membership Challenges Amid Legal and Market Shifts. The National Association of Realtors (NAR) is navigating turbulent times, with legal challenges and market changes impacting its membership base. Despite a small decline in membership, NAR is actively working to retain agents by emphasizing the value of their services and offering free educational resources. The

Singapore Ranks as a ‘Highly Transparent’ Real Estate Market. Singapore has been ranked among the most transparent real estate markets globally, according to a report by JLL. The city-state’s inclusion in the “Highly Transparent” category highlights its robust regulatory framework and the ease with which investors can access accurate market information. This recognition is expected

German Home Prices Stabilize Amid Interest Rate Cuts. After facing a significant downturn, Germany’s real estate market is showing signs of stabilization, with prices expected to rise by 2% in 2025. The market, which experienced its worst correction in decades due to rising interest rates, is now benefiting from rate cuts by the European Central

Portuguese Property Values Reach Record Highs. In July 2024, property values in Portugal soared to their highest levels since 2011, with average bank valuations reaching €1,638 per square meter. This marks a significant increase in real estate prices, driven by high demand and limited supply. The surge is particularly notable in apartments, which have seen

Jackson Hole Estate with Grand Teton Views Listed for $28.5 Million. A stunning estate in Jackson Hole, Wyoming, boasting dramatic views of the Grand Tetons, has hit the market for $28.5 million. The 17.7-acre property includes a 7,480-square-foot home designed to maximize the breath taking scenery. This listing comes as central bankers gather nearby for

Nick and Vanessa Lachey Sell Honolulu Home for $9.45 Million. Celebrity couple Nick and Vanessa Lachey have sold their luxurious Honolulu home for $9.45 million. The property, located in the upscale Kahala neighbourhood, features expansive indoor-outdoor living spaces, a swimming pool with mini waterfalls, and a fire pit. The sale highlights the ongoing demand for

End of Seller-Paid Agent Commissions Marks New Era in Home Buying. Starting this August, the traditional practice of seller-paid agent commissions is being phased out, potentially reshaping the real estate landscape. With sellers no longer responsible for paying buyer agent fees, the cost burden shifts directly to buyers. This change may increase upfront costs for

DOJ Sues RealPage for Antitrust Violations. The U.S. Department of Justice has filed a lawsuit against RealPage, Inc., alleging that the company used its pricing algorithm to help landlords coordinate rent prices, reducing competition and inflating rents across the U.S. This lawsuit is seen as a critical move to protect renters from unfair pricing practices