At the eastern end of Long Island, a new record has been set. In the Suffolk County vacation town of Shelter Island, the sale of a sprawling beach house has brought the area’s highest-ever price for a single-family home to a new high. Originally built in 1952, the property at 2 Charlie’s Lane closed this
Month: August 2023
The BRICS Summit wrapped up this weekend in South Africa and the following countries have now joined the economic group: Iran, Saudi Arabia, Egypt, Ethiopia, Argentina and the United Arab Emirates. These are economic powerhouses. Their addition means that BRICS countries now control 44% of the world’s oil production compared to 3.9% controlled by the
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How does the Minneapolis real estate market compare to the national headlines? In a twist on a typical market update I looked at the “5 Ways Surging Mortgage Rates are Reshaping the Housing Market” here in the Twin Cities as compared to what is happening nationally. Living in the Midwest has some real upsides on
Housing inventory of existing houses in the US is at very low levels so are homebuilders ramping up construction to fill that void? In today’s video, I share a report from the US Census Bureau regarding the construction of new single family houses as well as multi-family properties such as apartment buildings. They reported a
State Attorney General Letitia James seen during public safety announcement to prevent gun violence at City Hall, July 31, 2023. Lev Radin | Pacific Press | Lightrocket | Getty Images New York’s attorney general asked a judge Wednesday for a partial summary judgment against Donald Trump in her $250 million lawsuit accusing the former president
On a quiet Soho side street, this mom-and-pop pharmacy has been serving as a local hangout and a boutique for French skincare products since 1994 — but almost didn’t make it through the pandemic. Despite over the years surviving a catastrophic fire, the birth of online shopping and the neighborhood’s transformation from an industrial wasteland
An aerial picture taken on October 1, 2022 shows a broken section of the Pine Island Road and destroyed houses in the aftermath of Hurricane Ian in Matlacha, Florida. Ricardo Arduengo | AFP | Getty Images Frequent weather catastrophes, induced in part by climate change, are bearing down on homeowners and would-be buyers. Some home
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Houses in England. Christopher Furlong | Getty Images News | Getty Images LONDON — The number of houses sold in the U.K. this year is set to reach the lowest annual figure since 2012, real estate company Zoopla found in its latest house price index released on Wednesday. The report shows an estimated 21% decline
If you’re diving into the exciting world of real estate flipping, you’ve come to the right place. In this video, we’ll walk you through the essential steps and key factors to consider during a property inspection, ensuring your fix and flip project is set up for success. 🔍 Key Points Covered: Exterior Assessment: Learn how
U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR’s real estate business is one of the big players in the REIT game. The private equity firm manages multiple REIT funds. The KKR Real Estate Select Trust, which currently manages
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