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Priced at $45M, this sprawling Vero Beach estate spans 3 oceanfront acres — from A1A to the Atlantic

Florida’s oceanfront estates are no strangers to excess. Infinity pools? Standard. Wine rooms? Practically expected. Private theaters and guest houses? Hardly unusual at the highest end of the market. But a living coral reef inside the house? That certainly gets your attention. A newly listed oceanfront compound in Vero Beach is leaning into a different kind of luxury, one that combines...

Cheap-Money Homeownership in America is Over, Time to Face a New Cost Reality

Morgan Stanley Says Pre-Biden Era Home Affordability is Gone Forever New Morgan Stanley analysis delivers a sobering verdict: America's housing market isn't in a temporary slump--it's locked into a higher-cost, lower-turnover equilibrium that won't revert to the cheap-money conditions of the 2010s. For millions priced out of homeownership, the long-held bet was straightforward: wait out surging prices,...

Former Christie’s International Real Estate affiliate hit with commission dispute

Earlier this month Mauricio Umansky’s firm The Agency made a splash in New York when it announced the affiliation of a 1,200 agent strong former Christie’s International Real Estate affiliate and the creation of The Agency One Rock.  While the firm’s strong agent count and 26 offices spread across New York City, Westchester County, the Hudson Valley and New Jersey, look like a massive get on...

UWM, Two Harbors CEOs clash in emails ahead of CCM deal vote

Executives at United Wholesale Mortgage (UWM) and Two Harbors Investment Corp. (TWO) raised the heat in an email exchange during their latest round of deal negotiations. TWO mentioned that UWM could be trying to frustrate competitor CrossCountry Mortgage (CCM) in its efforts to acquire Two Harbors, while UWM alleged that TWO executives are prioritizing their own compensation in detriment of...

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