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Housing starts overachieved in March amid warning signs aplenty

Housing starts spiked in March to their highest point in more than a year, but economists caution that this increase is likely temporary as ongoing economic and geopolitical uncertainty roil a near- and mid-term outlook.  According to the U.S. Census Bureau’s new residential construction data released on Wednesday, housing starts in March jumped to levels not seen since December 2024.  However,...

Sting’s massive former Central Park West penthouse is on the market, at a discount

Another major name is back in the mix at one of Manhattan’s most closely watched addresses. A duplex penthouse once owned by Sting has returned to the market at 15 Central Park West, now asking $45 million. The price tag, while still hefty, comes at a significant $5 million discount from the last time the unit traded; the Grammy Award-winning musician and his wife, Trudie Styler, an award-winning...

Palatial $115M Tampa estate has a 22-car gallery, go-kart track, bowling, and its own boathouse

There are big houses, and then there’s this. A newly listed $115 million estate outside Tampa isn’t just large or well-appointed, it’s the kind of place that feels like someone kept adding ideas until they ran out of land. A go-kart track? Sure. A bowling alley? Of course. A full automotive gallery? Why not make it large enough to fit nearly two dozen cars? Known as The Oaks Estate, the...

The New Drivers of Home Value in Modern Real Estate

The modern real estate market has evolved beyond traditional, simple valuation drivers like square footage and comparable sales. Increasingly, buyers prioritize operational efficiency, sustainability, and technology integration alongside square footage and good locations.  A National Association of Realtors (NAR) study suggests that just under two-thirds (63%) of real estate professionals consider energy...

Global Luxury Home Prices Climb for Second Straight Year in 2025

Tokyo is Global Leader with 58 Percent Luxury Price Surge, Followed by Dubai Global luxury residential prices extended their gains through 2025, outperforming mainstream housing markets for the second consecutive year as resilient demand from wealthy buyers supported key cities worldwide. The Prime International Residential Index, or PIRI 100, which tracks 100 high-end markets compiled by London-based...

CrossCountry raises bid for Two Harbors after rival offer from UWM

UWM Holding Corp. may not win the bid to acquire Two Harbors Investment Corp., but an unsolicited proposal for the real estate investment trust just forced CrossCountry Intermediate Holdco to raise its offering. Two Harbors announced Tuesday that it amended its merger agreement to increase the all-cash price CrossCountry will pay to $11.30 per share. The price is up from $10.80 per share under the...

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