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As the saying goes, a rich man is nothing but a poor man with money — and real estate.  More than 13% of the country’s real estate assets are owned by the wealthiest 1% of Americans — a circumstance that significantly enriched the well-heeled over the past two years of sky-high rates and housing shortages. The 1% has been so enriched, a recent Redfin analysis revealed, that their combined wealth could now feasibly purchase almost every home in the nation. The analysis further concluded that the top 0.1% alone could purchase...

The real-estate frenzy sparked by the arrival of coronavirus pandemic in 2020 has had lasting effects on Palm Beach real estate. Here are some highlights.Video: Morning traffic enters Palm Beach over Flagler Memorial BridgeVideo: Early morning drivers enter Palm Beach across the Flagler Memorial Bridge February 13, 2025.Five years after the coronavirus pandemic arrived in Palm Beach, its boom-time effects on local real estate continue to resonate.Although the real estate frenzy has cooled a bit over the past two years, home prices in Palm Beach remain higher and the number...

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleProperty taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from state to state and from town to town.In New Jersey, property taxes are significantly higher...

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleIllinois has the second-highest property tax rate in the country with Connecticut coming in third place.Property taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from...

by Jeroslyn JoVonn March 12, 2025 Snoop Dogg stays focused on business. Snoop Dogg stays focused on business, not bragging. With over three decades of success, his early real estate investments have brought him significant profits. The Death Row Records cofounder-turned-owner holds a modest real estate portfolio across Southern California and Georgia. While not as expansive as Jay-Z or Rick Ross’s, his investments showcase the value of smart early decisions. As his rap career took off, Snoop Dogg, born Calvin Broadus, made his first real estate investment in 1994, purchasing...

US President Donald Trump recently criticized India’s high tariffs, warning of a potential US retaliation. In a sharp statement, Trump asserted that the existing trade system is unfair to the US, and vowed to introduce reciprocal tariffs to counteract what he perceives as protectionist policies by other nations, including India. While much of the discussion has focused on trade and manufacturing, the impact of these policies on Non-Resident Indian (NRI) investment in Indian real estate is an emerging concern. Trump’s comments have sparked speculation about how his proposed tariffs could...

Lowry neighborhood’s Rampart Medical Campus has been acquired for $8.6 million by Echo Real Estate Capital Inc., a Chicago-based real estate investment & development firm. The two-building medical outpatient buildings, covering over 70,000 square feet, are at 125 and 130 Rampart Way.The 125 building was sold for nearly $4.5 million and the 130 building was sold for $4.1 million, according to city special warranty deeds.Property records show the two buildings last sold in December 2019 for $18.8 million.“Historically 90 percent-plus leased, the portfolio was sold at approximately 50% occupancy providing...

The Midwest is known for good manners and kind strangers, but hopeful renters shouldn’t be fooled. When it comes to finding the right lease, Midwestern cities are among the most cutthroat places in the country. Much to the shock of shoebox-dwelling New Yorkers and cash-strapped Angelenos, it’s the Midwest, not the East or West coasts, that occupies 50% of the top spots for the country’s hottest rental markets in early 2025, according to a new report by RentCafe. CNBC first reported on the study. Ten out of 20 of the...

A six acre site in George Town is up for sale for US$29.5 million. - Photo: Lands and Survey Department The chance to shape the future of George Town could be yours — if you have a spare US$29.5 million. More than six acres of prime George Town real estate have been put up for sale, giving prospective owners the chance to make their mark on the Cayman Islands’ capital. The land, which is in four parcels along North Church Street and Bodden Road, is being marketed by RE/MAX Cayman...

The titanic alternative assets giant's latest move will help bridge a gap between lenders and still-challenged property owners, says debt strategies head. Global alternatives giant Blackstone is reasserting its dominance in the private market space with a record fundraising in commercial real estate debt. Blackstone has finalized an $8 billion commercial real estate debt fund, marking the largest of its kind and signaling renewed investor interest in the property market, according to the Wall Street Journal. The fund, which took about two years to raise, will be active across North...