Luxury is an experience not a price point
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Move over "Sex and the City," there's another stoop that can boast movie stardom. An Upper East Side townhome is under contract after being listed for $12.5 million. What makes the property special? The exterior was used in the 1961 film "Breakfast at Tiffany's." The turn-of-the-century property is
Read More Summit Sotheby’s International Realty rides high in Utah while giving back

When Thomas Wright entered the real estate world in 1999, he did so without a grand strategy — but with a deep sense of connection to people and place. “I was at a juncture in my life when I could have gone the commercial route or residential, and the residential was just felt like a real calling fo
Read MoreCrescent Real Estate buys Coral Gables office building at discount for $70M

Crescent Real Estate bought the Ryder Colonnade office building in Coral Gables for $70.4 million, marking a 13 percent discount from its price over a decade ago. Fort Worth, Texas-based Crescent bought the 11-story building at 169 Coral Way from AEW Capital Management, according to records. The bu
Read MoreCrescent Real Estate buys discounted Coral Gables office building for $70M

Crescent Real Estate bought the Ryder Colonnade office building in Coral Gables for $70.4 million, marking a 13 percent discount from its price over a decade ago. Fort Worth, Texas-based Crescent bought the 11-story building at 169 Coral Way from AEW Capital Management, according to records. The bu
Read MoreOptimal Blue announces new CFO and CRO

Optimal Blue announced on Monday that it has promoted Lanny Rogers III to chief financial officer and Jeremy Moreno to chief revenue officer. Rogers, a certified public accountant, will oversee financial planning, forecasting and capital allocation as the company expands. He joined Optimal Blue in 2
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Former "Today" show host Hoda Kotb has proudly unveiled the impressive Christmas tree that she and her two daughters set up inside their suburban New York home, as they prepare to celebrate their first festive season since the TV star quit the popular morning show. Kotb, 61, moved to the $2.9 millio
Read More Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report. Meanwhile, rental growth is typically the
Read MorePrivate Health Care Costs Rewrite Where Millionaires Are Migrating, New Data Shows

The world's millionaires and billionaires are increasingly on the move—and private health care costs are playing a growing role in where they choose to live, a new report finds. New client data released Monday by investment migration consulting firm Henley & Partners shows that international wealth
Read MoreNRMLA speaks out on the future of federal reverse mortgage programs

After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions. The trade group issued an 11-page letter to the U.S. De
Read MoreHouse committee is set to review Senate-approved housing bill

The ROAD to Housing Act wasn’t included in the National Defense Authorization Act (NDAA) released on Sunday, despite speculation that it might sneak in as an attachment to the more urgent priority $900 billion defense spending bill. Still, the bipartisan housing legislation, which enjoys widespread
Read MoreBillionaire Ken Griffin Sells Final Chicago Property as He Completes Move to Florida

Billionaire hedge fund founder Ken Griffin has completed his transition from Chicago to Miami, with the final condo in his Windy City real estate portfolio now under contract. A full-floor duplex penthouse at Park Tower, a luxury condo complex at 800 N. Michigan Ave., has been sold, Griffin's spokes
Read MoreSweeping new zoning targets Nashville housing affordability

Nashville, one of the fastest-growing Sun Belt cities over the past decade, has been working to address the housing affordability issues that accompanied its massive economic development. Confronted with a shortage of nearly 90,000 homes, the Nashville Metro Council made its most significant move si
Read MoreHilltop Mansion Becomes Pacific Palisades’ Most Expensive Listing at $39.5 Million

A breathtaking mansion has hit the market in Pacific Palisades, CA, for $39.5 million, making it the most expensive home currently for sale in the exclusive enclave. The 1.41-acre property, at 525 Spoleto Drive, is situated on a rare triple lot with stunning views of the Pacific Ocean. The 12,000-s
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Singing sensation Elton John stepped into Christmas with something of a bitter taste in his mouth after a festive video he posted to celebrate his hit holiday song ended up going viral for all the wrong reasons. Chart-topper John, 78, took to Instagram on Nov. 29 to share a video of himself walking
Read More ROAD to Housing Act dropped from NDAA, sparking trade group response

The ROAD to Housing Act was left out of the 2026 National Defense Authorization Act (NDAA) in the final House text released Sunday, leaving the mortgage industry to continue pushing for housing provisions into the first quarter of next year. The bipartisan bill — which includes policies to address
Read MoreHow To Delicately Approach Buying a Home When a Neighbor Passes Away

There are only a few reasons why a neighbor’s home might come on the market. One is that they decided to move away. Another is that they unfortunately passed away. If you’ve lived in your community for a long time, you’ve likely developed bonds with your neighbors and have insight into their homes
Read MoreSerhant in, Elliman out at Meta’s Coconut Grove condo project

More than a year after launching sales for its boutique Coconut Grove condo project, Meta Development is bringing in Serhant to replace Doublas Elliman as the marketing lead. The six-story, 14-unit Opus Coconut Grove is slated for the site at 3137 Southwest 27th Avenue. Meta, a joint venture betwee
Read MoreSoaring Insurance Premiums Have Homeowners Gambling With Their Coverage To Save Money

Insurance costs have skyrocketed over the past few years, putting further financial strain on homeowners, who are already facing a slew of additional rising expenses. In fact, 47% of homeowners said their insurance has “experienced a premium increase in the past year, the highest rate of insurer-ini
Read MoreMBA voices support for proposed cut to community banks’ leverage ratio

Late last month, federal banking regulators proposed lowering the Community Bank Leverage Ratio (CBLR) for qualifying community banks and bank holding companies from 9% to 8% while extending the timeframe for certain banks to remain in the program. The Office of the Comptroller of the Currency (OCC)
Read MoreBuyer owes $24K after breaching buyers broker agreement, arbitration finds

Since the implementation of mandatory buyer broker agreements via the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement, many have wondered what happens if a buyer breaches a contract. Jeff Lichtenstein, the broker-owner of Flo
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