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Florida
Home Values

Florida home asking a staggering 83% more than what it sold for in 2020

December 21, 2023 kingstu Comments Off on Florida home asking a staggering 83% more than what it sold for in 2020

In a testament to the red-hot real estate market along Florida’s Panhandle, a waterfront property in Seacrest Beach has hit the market with an eye-watering price tag of $18.5 million — nearly 83% above its […]

Ashcroft Capital
Weely Real Estate News

Ashcroft Capital Adds South Florida Community to its Portfolio

December 8, 2023 Mariel Alumit Comments Off on Ashcroft Capital Adds South Florida Community to its Portfolio

Ashcroft Capital, a New York City-based multifamily investment firm, has acquired Elliot Cocoplum, a garden-style community located midway between Boca Raton and Fort Lauderdale in Florida. Birchstone Residential, Ashcroft Capital’s in-house property management company and […]

Florida
New York Post

Messi Business: The soccer star’s favorite Florida real estate

December 7, 2023 Mariel Alumit Comments Off on Messi Business: The soccer star’s favorite Florida real estate

It was the biggest coup in the history of Major League Soccer and the buzziest thing to happen in South Florida since string bikinis. In June, FIFA World Cup champion Lionel Messi joined the David […]

commission lawsuits
Housing Wire

Copycat commission lawsuits filed in Florida, Pennsylvania

December 7, 2023 Mariel Alumit Comments Off on Copycat commission lawsuits filed in Florida, Pennsylvania

More home sellers on the East Coast are getting in on the commission lawsuit action. Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate […]

Johnny Damon
Weely Real Estate News

Johnny Damon Lists Amenity-Packed Florida Estate for $30 Million

December 7, 2023 Mariel Alumit Comments Off on Johnny Damon Lists Amenity-Packed Florida Estate for $30 Million

Former Major League Baseball star Johnny Damon is listing his amenity-packed mansion in the Orlando suburbs for $30 million. Damon and his wife, Michelle, bought their 4.8-acre parcel within a gated community in Windermere, Florida, […]

Florida’s
New York Post

Florida’s most expensive home relists for $187.5M — a $30.5M discount

December 6, 2023 Mariel Alumit Comments Off on Florida’s most expensive home relists for $187.5M — a $30.5M discount

The only private island in Florida’s tony Palm Beach has relisted asking a mighty $187.5 million — a price that not only marks a $30.5 million discount from the $218 million the property sought last […]

Burch
Celebrities

Tory Burch co-founder asks $44M for Miami mansion he bought for $14.2M in 2020

November 2, 2023 Mariel Alumit Comments Off on Tory Burch co-founder asks $44M for Miami mansion he bought for $14.2M in 2020

This waterfront Miami mansion is on the market for a mega $44 million. That’s a bold price, considering that the seller — entrepreneur Christopher Burch, co-founder of Tory Burch, his ex-wife’s eponymous fashion label — […]

New York Post

Ultra-exclusive Florida residence in Houston Astros owner’s golf club lists for $9.5M

October 20, 2023 Mariel Alumit Comments Off on Ultra-exclusive Florida residence in Houston Astros owner’s golf club lists for $9.5M

A luxurious residence located at the prestigious National Golf Club in Palm City, Florida has been listed for an eye-catching $9.5 million, The Post has learned. The property, known as “The Floridian,” is nestled on […]

New York Post

Florida mansion sells for $11.2M in cash — with metaverse version included in the deal

October 19, 2023 Mariel Alumit Comments Off on Florida mansion sells for $11.2M in cash — with metaverse version included in the deal

“You can’t put your arms around a memory,” sang New York punk rocker Johnny Thunders — and you can’t hang your hat in a digital home in the metaverse, until now. That said, as much […]

Brad Pitt
New York Post

Brad Pitt’s manager latest to flee California for Florida

September 11, 2023 Mariel Alumit Comments Off on Brad Pitt’s manager latest to flee California for Florida

In a true Hollywood-to-Miami migration, Brad Pitt’s manager, Cynthia Pett-Dante, has joined the growing ranks of Californians finding their piece of paradise in the Sunshine State. Pett-Dante has just sealed the deal on a stunning […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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