Newly listed, Oscar De La Hoya’s $20M Vegas mansion packs a heavyweight punch of amenities

Just a couple of months after it graced the pages of the Wall Street Journal, Oscar De La Hoya’s Las Vegas-area home popped up on the market as a glam $20 million listing. The championship boxer’s custom-built pad, a triple-gated mansion in the exclusive Strata community in Henderson, Nevada packs almost 9,000 square feet of living space, 2,409 square feet of outdoor living area, and amenities...

Kayla Cardona’s $25M listing and more stunning properties from S03 of ‘Selling The OC’

Much like the two seasons that preceded it, Season 3 of the Netflix real estate reality series delivered plenty of drama — and just as many gorgeous mansions for viewers to admire. Most notably, Kayla Cardona kicked off season three of Selling the OC with “Big Dock Energy,” thanks to her stunning Bayside listing, one of the most expensive properties handled by the Oppenheim Group’s OC arm....

South Korea is Asia Pacific’s Top Performing Hotel Market

According to CBRE, strong domestic and international demand have established Korea as one of the top-performing hotel markets in the Asia Pacific region over the past two years. STR data indicates that the Average Daily Rates (ADRs) in Korea reached KRW 214,177 in Q1 2024, a 43% increase over Q1 2019, with overall RevPAR 49% higher than during the same period. Although full-year occupancy has yet to fully...

Greater Orlando Area Home Prices Reach Record High in April

According to recent data from the Orlando Regional Realtors Association (ORRA), the median home price in April 2024 reached $388,500, an increase from $386,500 in March. This marks the highest monthly median home price ever recorded in the Orlando area. ORRA says overall sales experienced a 7.8% rise from March to April 2024, with 2,759 homes sold in April compared to 2,559 in March 2024, making it the...

Commercial Real Estate Lending in U.S. Slowed in First Quarter

Based on new data from CBRE, the U.S. commercial real estate lending market slowed in Q1 2024 due to high interest rates and limited credit availability, but a tightening of credit spreads indicated signs of stabilizing. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the U.S., decreased by 11% from Q4 2023. The index saw a decline of 32.7% compared...

Florida Dominates Top 10 U.S. Cities List to Invest in Short Term Rentals

Based on a new study from Clever Real Estate in collaboration with Rabbu.com, Tampa is the best U.S. city to invest in short-term rentals, while San Jose, California, is the riskiest short-term rental market in America. The study analyzed metrics such as median home prices, occupancy rates, and changes in property values to rank Airbnb investment markets across the U.S. Tampa stands out with a 71.6%...

Florida Dominates Top 10 U.S. Cities List to Invest in Short Term Rentals

Based on a new study from Clever Real Estate in collaboration with Rabbu.com, Tampa is the best U.S. city to invest in short-term rentals, while San Jose, California, is the riskiest short-term rental market in America. The study analyzed metrics such as median home prices, occupancy rates, and changes in property values to rank Airbnb investment markets across the U.S. Tampa stands out with a 71.6%...

Record High Monthly Housing Payments Put Chill in U.S. Spring Selling Season

Monthly housing payments spike 14 percent above a year earlier Based on new data from Redfin, the median U.S. monthly housing payment hit an all-time high of $2,894 during the four weeks ending May 5, 2024, up 14% from a year earlier, and home prices rose 4.5% to their own record high. The supply of homes for sale lost momentum, with prospective sellers jittery about high rates New listings rose 9% year...

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