Tag: Editors’ Pick

London Home Prices Surge Past £500,000 For The First Time
By: Date: April 19, 2021 Categories: Business,Editors' Pick,Real Estate,Uncategorized Tags: , ,

Home prices in London have reached record levels despite the economic slump caused by the … [+] coronavirus pandemic Getty Images The latest data from Britain’s land registry within the Office of National Statistics shows the average price for a home in London reached £513,997 near the end of 2020, or approximately $680,000 at today’s…

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Billionaire Robert E. Smith Lists In Malibu’s Coveted Carbon Beach
By: Date: April 14, 2021 Categories: /worlds-billionaires,Billionaires,Business,Editors' Pick,Real Estate,Uncategorized Tags: , , , ,

Exterior Mike Helfrich The stretch of sand frequently referred to as Billionaire’s Beach has a new listing to add to the books. Robert E. Smith, founder of Vista Equity Partners, has put his four bed, five bath home on the market for $24.5 million after purchasing it two years ago for $18.7 million. This was…

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Meet Jared And Ivanka’s New Neighbors—Including Tom And Gisele—On Miami’s Billionaire’s Bunker
By: Date: April 9, 2021 Categories: /worlds-billionaires,Billionaires,Business,Daily Cover,Editors' Pick,ForbesLife,Hollywood & Entertainment,lifestyle,Media,Real Estate,Residential Real Estate,Uncategorized Tags: , , , , , , , , , ,

Jared Kushner and Ivanka Trump may be saying goodbye to Washington, D.C., next week, but they are landing in an enclave nearly as exclusive. In December, the couple closed on a $32.2 million lot on Indian Creek, a luxury island community in Miami-Dade County, Florida. The village’s population was last tallied at 86 people—several of…

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America’s Biggest Owner Of Farmland Is Now Bill Gates
By: Date: April 5, 2021 Categories: /worlds-billionaires,Billionaires,Business,Editors' Pick,Food & Drink,Media,Real Estate,Uncategorized Tags: , , , , , ,

Corbis via Getty Images Bill Gates, the fourth richest person in the world and a self-described nerd who is known for his early programming skills rather than his love of the outdoors, has been quietly snatching up 242,0000 acres of farmland across the U.S. — enough to make him the top private farmland owner in…

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Signs Of A Rebound? Renters Are Coming Back To New York City.
By: Date: April 1, 2021 Categories: Business,Editors' Pick,Media,Real Estate,Uncategorized Tags: , , ,

getty After months of record vacancies, the rental market in New York City is beginning to show signs of a rebound, though discounts still abound. In Manhattan, more leases were signed last month than during any December in over a decade, boosting the median rental price by 1.3% compared to November. Vacancies, in turn, have…

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Want To Buy A House? Good Luck Finding One
By: Date: April 1, 2021 Categories: Business,Editors' Pick,Real Estate,Uncategorized Tags: , ,

For-sale home listings are now at their lowest point on record. getty If you’re hoping to buy a house this year, you might have a hard time finding one. According to the latest data from Realtor.com, for-sale listings are officially at an all-time low. By the end of December, the number of homes for sale…

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Amid Home Improvement Surge, Jobber Raises $60 Million
By: Date: March 24, 2021 Categories: Business,Editors' Pick,Media,Real Estate,Uncategorized Tags: , , ,

Jobber CEO and cofounder Sam Pillar. Jobber Jobber, a software company that helps home-service firms manage their businesses, has raised a $60 million growth equity round, as it seeks to capitalize on the spike in the industry brought on by Covid-19.  The firm has 100,000 service professionals on its platform across 47 countries, with the…

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Amazon Pledges $2 Billion For Affordable Housing In Three Hub Cities
By: Date: March 8, 2021 Categories: Business,Decision Maker Content,decisionmaker,Editors' Pick,Real Estate,Uncategorized Tags: , , , ,

Amazon intends to invest in affordable housing over the next five years in three regions where it is … [+] a major employer. Amazon/Joel Flora Amazon said Wednesday that it is launching a $2 billion housing equity fund to preserve and create over 20,000 affordable housing units in Washington state’s Puget Sound region; Arlington, Virginia;…

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New Billionaire: Opendoor’s Public Debut Is A Big Win For CEO Eric Wu
By: Date: January 28, 2021 Categories: Business,Editors' Pick,Media,Real Estate,Uncategorized Tags: , , ,

Eric Wu, cofounder and CEO of Opendoor, pictured at a conference in 2018. (Photo by David Paul Morris/Bloomberg) © 2018 Bloomberg Finance LP The SPAC boom—a money faucet for Wall Street, and a big potential hazard for retail investors—has minted another winner on the inside of a deal.  Eric Wu, cofounder and CEO of Opendoor,…

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Mortgage Interest Rates Hit Their Lowest Rate Ever Recorded—Again
By: Date: January 21, 2021 Categories: Business,Editors' Pick,Real Estate,Uncategorized Tags: , ,

Interest rates are the lowest they have ever been. Getty As we near the end of the year, mortgage interest rates continue to rock bottom yet again. Rates for a 30-year, fixed-rate loan closed out the week of December 17 at 2.67%, four basis points lower than the previous low of 2.71% seen for the…

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