An advertising titan sold a Palm Beach home for $32.5 million, as the island’s real estate busy season heats up, The Real Deal has learned. Richard and Linda Schaps sold the home at 631 Island Drive, sources confirmed. Margit Brandt with Premier Estate Properties represented the buyer and the seller

Even though Winter Storm Fern has tapered off, frigid temperatures continue to linger in many parts of the country—not just where the snow fell. In parts of the northern Plains and Great Lakes states, near or below zero temps and wind chills are expected. The National Weather Forecast even predicts

The momentum slowed in Palm Beach County’s luxury market last week, but buyers are still signing pricey contracts as the busy season persists.  Buyers signed 21 contracts between Jan. 19 and Jan. 25 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The hom

With borrowing costs staying close to 6% and the housing market showing signs of a rebound, 2026 could be a strong year to scoop up a short-term rental—particularly for investors open to destinations beyond the usual beach and ski hot spots. "There are some tailwinds, finally, this year, around a li

Key International and Wexford Real Estate Investors are launching Mr. C Residences Boca Raton, the first branded project the city has seen in years.  The firms are planning the 12-story, 133-unit development for the site at 41 Southeast 4th Street in Boca Raton, according to a news release. It marks

National growth in home values remained weak in the fall as major metros in the South and West continued to see declines, according to a key home price index. Nationally, the value of single-family homes as measured by repeat transactions rose 1.4% in November compared to a year earlier, according t

Jennifer Lopez and Ben Affleck have once again taken their $52 million Beverly Hills marital mansion off the market—months after they attempted to lure in a buyer with an $8 million price cut. Lopez, 56, and Affleck, 53, purchased the extraordinary property for $60.9 million in May 2023, less than a

Hollywood legend Gene Hackman's longtime New Mexico home has come under offer, mere days after it was put on the market for $6.25 million—and less than a year after the actor and his wife, Betsy Arakawa, were found dead inside the sprawling property. The enormous Santa Fe estate, which occupies two

🏆 Residential: The top home sale recorded in South Florida was in Coral Gables, where a single-family home at 9001 Banyan Drive changed hands for $11.7 million, or more than $1,200 per square foot. The seller was an LLC managed by Felipe MacLean, founder and CEO of Miami-based hospitality developer

Federal Reserve policymakers began their two-day meeting on interest rate policy Tuesday with political drama surrounding the central bank amid President Donald Trump's pressure campaign for lower rates. Fed Chair Jerome Powell and other members of the Federal Open Market Committee will cast their v

The share of for-sale homes governed by homeowners associations is climbing, as are dues, with Florida homeowners bearing the heaviest financial burden. In 2025, 43.6% of listings were subject to an HOA fee, up from 41.9% the year before, according to the latest HOA report from Realtor.com® research

Cities and states across the country have tried almost everything to relieve housing affordability pressures, but they keep coming up short. Today, homebuyers need a salary of close to $120,000 to buy a median priced home—well above the national median household income of $84,000. In high cost state

A prominent Los Angeles art dealer is ready to part ways with an iconic piece of Hollywood history—but it is not a painting or sculpture he's set to offload, but rather a storied slice of the city's real estate market in the form of a stunning Hollywood Hills home once owned by "The Sopranos" star L

Detroit-based Rocket Companies was hit with a class-action lawsuit on Monday that accuses one of the nation’s largest mortgage lenders of steering consumers to their loan products, “even though Rocket Mortgage‘s terms are disadvantageous to the clients.” The suit was filed in the U.S. District Court

It goes with the insanity of today’s U.S. housing affordability crisis that two rights can make a wrong. Two federal policies — each designed to lower the lifetime operating cost of owning a home — can instead combine to raise the barrier to entry so high that millions of households never get throug

Super Bowl LX will take place on Sunday, Feb. 8, in Santa Clara, CA—and Airbnb hosts in nearby cities are hoping to cash in. But in one coastal city just 35 miles from the stadium, there's controversy brewing around short-term rentals. The city of Pacifica imposed new rules on STRs last year. For in

Violist David Aaron Carpenter and his family of violin dealers and art collectors found a buyer for their waterfront Golden Beach assemblage, asking $60 million. The pending deal marks the most expensive of 29 contracts signed in Miami-Dade County between Jan. 19 and Jan. 25, according to the latest

A penthouse that once belonged to former President John F. Kennedy is the third most expensive listing to go under contract for the week ending Jan. 25, according to the Olshan Luxury Market Report. The property at 35 East 76th St. on the Upper East Side has an asking price of $12,995,000. The two-b

"Twilight" actress Kristen Stewart has revealed plans to relocate out of the United States, claiming that her career in her home nation is being impeded by President Donald Trump, who she says has made it "impossible" to "freely" make movies stateside. Los Angeles native Stewart, 35, who shot to fam

In the wake of a monster winter storm that dropped snow on over 245 million people, homeowners across the U.S. are shoveling themselves back to normalcy and dealing with the downstream effects of low temperatures and high precipitation.  One of the most noticeable impacts that a winter storm has is