Luxury is an experience not a price point
These European islands launched 30 road trips — but the destinations are kept secret

The Faroe Islands launched an unusual way for travelers to explore the archipelago — road trips where travelers aren't told where they're going.
Read MoreBrandi Lewis returns to Keller Williams in Atlanta

Brandi Lewis, a prominent Atlanta-based real estate agent, has rejoined Keller Williams as of July 1, affiliating with Keller Williams Realty West ATL.Lewis, who began her real estate career with Keller Williams, has been appointed as director of luxury at the brokerage. The firm includes more than
Read MoreTop Florida real estate team signs on with Compass

Compass has added The Korman Group — a high-performing real estate team led by Michael Korman — to its South Florida operations.The group will base its work out of Compass’s Boca Raton office, with operations extending into Miami, Fort Lauderdale, Palm Beach and Jupiter.Korman, who previously served
Read MoreAtlas VMS acquires appraisal order management platform

Miami-based Atlas VMS on Wednesday announced the acquisition of appraisal order management platform AIM-Port. Atlas called the move a “significant step” in developing technology-driven solutions to better serve U.S. mortgage lenders and appraisal management companies (AMCs).“The acquisition of this
Read MoreFortune, Blue Road land $73M construction loan for EB-5-backed North Miami Beach condos

Fortune International Group and Blue Road scored a $73.3 million construction loan for their planned Nexo Residences condos in North Miami Beach. Tel Aviv-based Bank Hapoalim provided the financing, which was arranged by a Berkadia team led by Scott Wadler and Michael Basinski, according to a press
Read MoreMichael Swerdlow on track with Miami-Dade to build $295M mixed-use project

Michael Swerdlow is lining up another public-private partnership with Miami-Dade County that would entail the development of a $295 million mixed-use project on 37.7 acres near Miami’s Liberty City neighborhood. On Tuesday, the Miami-Dade County Commission housing committee approved a resolution di
Read MoreRentSpree partners with Hive MLS to expand access in Southeast

RentSpree has partnered with Hive MLS to integrate rental application and tenant screening tools directly into Hive’s multiple listing service platform. The new integration will be available at no cost to Hive MLS subscribers in Georgia, North Carolina and South Carolina. Hive MLS services more than
Read MoreCompass names new regional vice president for the Gulf Coast

Compass is welcoming a new regional vice president for its Louisiana and Mississippi region. David Favret is joining Compass in this role, according to an announcement on Wednesday. Favret most recently served as the managing broker at Rêve Realtors, but has previously served as a broker at Latter &
Read MoreNAR again seeks dismissal of discrimination and harassment suit

The National Association of Realtors (NAR) is once again seeking to dismiss allegations brought by former employee Roshani Sheth in her ongoing discrimination lawsuit against the organization.NAR filed another motion to dismiss the suit on Tuesday. This filing deals with Sheth’s second amended compl
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Central Asia’s largest developer, Kazakhstani firm BI Group, is partnering with Habitat Group on three mixed-use condo projects in Brickell and is looking for more development opportunities in Miami. BI Group is a roughly 50 percent partner in the planned short-term rental friendly condo developmen
Read More ‘I want one source’: Consolidation is picking up in the MLS space

The housing industry is currently rife with consolidation, but the same wave of mergers and acquisitions has not taken the multiple listing service (MLS) sector by storm. Over the past two decades, the number of MLSs across the country has greatly decreased. As recently as a decade ago, there were m
Read MoreZillow: US housing shortage hit 4.7 million in 2023
The U.S. faced a shortfall of 4.7 million homes in 2023 — the largest housing deficit on record — according to a new Zillow analysis of U.S. Census Bureau data.Persistent inventory shortages continue to drive the national housing affordability crisis, limiting access to homeownership and forcing mil
Read MoreGTCR purchases majority stake in Clear Capital

Private equity firm GTCR announced on Tuesday that it has made a significant investment in national real estate analytics and data solutions company Clear Capital.As part of the investment, GTCR is partnering with Clear Capital co-founder and CEO Duane Andrews. The transaction represents Clear Capit
Read MoreT2 Hospitality pays $37M for 163-key oceanfront hotel in Lauderdale-By-The-Sea

T2 Hospitality bought a 163-key oceanfront hotel in Lauderdale-By-The-Sea for $36.6 million. The Newport Beach, California-based firm purchased Plunge Beach Resort Hotel from an entity managed by Oleksandr Naumyk and Liubov Tereshko, according to records and real estate database Vizzda. T2 Hospital
Read MoreTop New York City broker makes the move to Corcoran

The Corcoran Group is welcoming one of New York City’s top small real estate teams to the firm. On Wednesday, the brokerage announced that The Kathy Murray Team is making the move to Corcoran.Murray was previously brokered with Douglas Elliman, where she spent the past two decades of her career. “Ka
Read MoreInvestor buys shopping plaza, self-storage in Pembroke Pines for $16M

Commercial real estate investor Andrew Perkins bought a shopping plaza and self-storage property in Pembroke Pines for $15.5 million. Perkins Realty Management purchased the 64,300-square-foot Sheridan Village Center at 16602-16660 Sheridan Street, according to the broker’s news release. The selli
Read MoreSummer slowdown: Palm Beach County weekly condo sales drop to $26M

It’s South Florida’s slow season amid the dog days of summer, and Palm Beach County’s condo sales and dollar volume dropped during the July Fourth holiday last week. Brokers closed 62 condo sales totaling $25.8 million from June 30 to July 6. That’s down from 90 condo sales totaling $33 million the
Read More39-year-old pays $460 in rent for a luxury condo in Chiang Mai, Thailand–take a look inside

Shao Chun Chen, 39, pays about $460 a month in rent for his luxury condo in Chiang Mai, Thailand — one-fifth of what he paid for his unit in Singapore.
Read MoreHere are the 15 busiest airports in the world

Hartsfield-Jackson Atlanta International Airport is, once again, the busiest airport in the world. But even it hasn't fully returned to 2019 levels.
Read MoreLawsuit claims Xactus, Equifax, others violated Fair Credit Reporting Act

A plaintiff in California is claiming that Xactus and Equifax did not conduct a “reasonable” investigation into claims of identity theft, which harmed her credit and violated the Fair Credit Reporting Act. The suit was filed in late May in the Superior Court of San Bernardino County, California, by
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