world news

Storm-damaged Bahamas properties hot as investors chase bargains

After Hurricane Dorian savaged the northern islands of the Bahamas, damaged properties loom as a target for real estate speculators.




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SEE IT: Video shows random attack on real estate agent in Los Angeles: ‘Seeing my legs in the air, it’s like a movie’

A Los Angeles real estate agent was shoved backwards off a stairway and pinned to the ground by an unknown open house visitor who flashed a chilling smile at a security camera seconds earlier.




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In UN building, Trump sees a real estate deal that got away

Trump vividly recalls the overtures he made to rebuild the 39-story tower in the early 2000s and posits that he could have done a better job with the $2.3 billion project, which took about three years longer than anticipated and came in more than $400 million over budget.




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Baseball great Mike Piazza’s new home base: A $5.6 million South Florida condo

Hall of Famer and 12-time All Star Mike Piazza buys a three-bedroom condominium at The Ritz-Carlton Residences, Miami Beach for $5.6 million. The 3,838-square-foot condo has views of Surprise Lake and Biscayne Bay.




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Switzerland pays $3.48 million for condo in Pinnacle building

Switzerland paid $3.48 million for a four-bedroom, 5,300-square-foot condo in the Pinnacle building in downtown Chicago.




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This Florida Keys private island with a rich history is for sale. Asking price: $17 million.

A private island in Islamorada on the Florida Keys is for sale for $17 million. The island is called Terra's Key, after its owner John Terra, and has historical significance dating back to the 1800s.




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Two South Florida mansions offer a taste of the rock star lifestyle

Russ Weiner, the founder of Rockstar Energy Drink, has listed his Miami Beach and Delray Beach mansions for sale. The total asking price: $71.5 million.




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Stephen, Tabitha King plan changes to iconic Maine home

The authors want to transform the home where they raised their children in Bangor, Maine, into the location for Stephen King’s personal archives. A guest house they own next door would host writers in residence.




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Georgia mall featured in ‘Stranger Things’ to go up for sale

Most of the Georgia mall heavily featured in the latest season of Netflix's "Stranger Things" is going up for sale.




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Owner of floating B&B ready to move on

Liz Miller plans to pack up with her fiance, a St. Paul Public Works employee, and run a hostel-like inn on a Panamanian island just south of Costa Rica's Caribbean coast.




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The last home designed by Frank Lloyd Wright sells in Arizona for nearly $1.7 million. Take a look inside.

Out of nearly 20 bids at a public auction for the Norman Lykes House, the winning bid came from a man who lives out of state, Heritage Auctions told The Associated Press.




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Scientologists buy dozens of properties in Florida city, newspaper reports

In a report published Sunday, the Tampa Bay Times said that it discovered the extent of Scientology property purchases by reviewing more than 1,000 deeds and business records and then interviewed more than 90 people to reconstruct the circumstances surrounding the transactions.




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Iconic Las Vegas wedding chapel is no longer up for sale

The owner of a Las Vegas chapel where celebrity couples like Joe Jonas and Sophie Turner have gotten married is staying wedded to her business.




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Kim orders South’s buildings at resort in North be destroyed

North Korean leader Kim Jong Un ordered the destruction of South Korean-made hotels and other tourist facilities at the North’s Diamond Mountain resort, apparently because Seoul won’t defy international sanctions and resume South Korean tours at the site.




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Boo! Who wants to live where someone has died?

Most buyers, understandably, would want to know if a violent death occurred in the houses they are considering.




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Pending home sales reached a 21-month high in September

More Americans signed contracts to buy homes in September, a sign that the housing market is still benefiting from lower mortgage rates.




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Orioles stars Cal Ripken and Adam Jones’ former Baltimore County estate back on market

The sprawling Baltimore County home once inhabited by Orioles stars Cal Ripken Jr. and Adam Jones is back on the market after less than six months.




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Patriots QB Tom Brady reportedly buying $9M Greenwich estate

New England Patriots quarterback Tom Brady and his wife, Gisele Bundchen, reportedly have wrapped up their house hunting in Greenwich, settling on a seven-bedroom, nearly 15,000-square-foot estate.




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Jersey City voters pass limits on Airbnb, short-term rentals

Airbnb was dealt another setback in one of its most important markets Tuesday as voters in a New Jersey city just a few minutes by train from the tourist sights of Manhattan approved restrictions on short-term rental companies in a hard-fought referendum.




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The world’s largest Starbucks opens tomorrow in Chicago. Here’s what to expect if you go, from rare beans to coffee cocktails.

The Reserve Roastery Chicago opens Friday, transforming the former Crate & Barrel space into five floors of coffee wonderland.




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Redevelopment deal reached for former St. Paul Ford plant

A redevelopment deal has been reached for the former Ford Motor Co. plant in St. Paul that would feature thousands of new homes powered by renewable energy, officials announced Tuesday.




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Grove Resort and Water Park completes 3rd tower in 878-room complex

The Grove Resort and Water Park fishes three-year journey to complete three-building complex's construction.




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Free six-bedroom house available in New Jersey - as long as you can move it

Looking for a house? Well, there’s a free one in New Jersey if you want it. You just need to come and get it. Literally.




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Plans for a Wu-Tang Clan theme park in Seoul

Jimmy S. Kang opens his laptop and shows the Wu-Tang theme park that he is negotiating in Seoul, which has special relevance to him as his family emigrated from South Korea when he was 4 years old.




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New York to probe claims of biased behavior by real estate agents

New York Attorney General Letitia James is investigating allegations of racially discriminatory tactics by Long Island real estate agents as described in a sweeping Newsday report.




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From this luxury tower, you’ll see horses cross the finish line

The developer of a 23-story tower near Gulfstream Park in Hallandale Beach envisions a project with 320 condo style rentals and a 140-room hotel.




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Orlando housing: As Baby Boomers die, area may have too many excess homes

Over the next 20 years more than a quarter of the nation’s currently owner-occupied homes will be on the market as owners pass on with Orlando being one of the top impacted areas.




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California holds 73% of the nation’s priciest ZIP codes for home buyers

According to a new report from real estate database PropertyShark, California has accounted for roughly 73% of the country’s priciest ZIP codes for home buyers this year.




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As Chicago’s building boom continues, new nonprofit aims to train women and minorities for construction trades

Major players in commercial real estate, construction and organized labor are teaming up with the United Way to try to place thousands of and minorities into trade careers in Chicago, where there is both a shortage of skilled labor and a dearth of jobs in swaths of the city.




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Los Angeles mansion sells for about $150M, sets state record

A Los Angeles mansion built in the 1930s and seen in the credits for the TV show "The Beverly Hillbillies" has been sold for about $150 million, the highest home price ever in California.




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Artwork as a selling tool: Condos seek sales boost from paintings and sculptures

Facing signs of a slowdown in South Florida real estate sales, developers are increasingly incorporating art into their sales pitches to sell multimillion-dollar single family homes and oceanfront condo towers. Here's a look at how it works.




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‘Windy City Rehab’ team facing multiple lawsuits, adding to HGTV show’s troubles

There’s more trouble for the team behind the popular HGTV series “Windy City Rehab.” Though Season 2 is expected to premiere later this year, the TV stars face multiple lawsuits, and they are starting to turn on each other.




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Tom Brady looks to score in the Massachusetts housing market

Tom Brady is moving up and down the field as he and the New England Patriots make another postseason run. Away from the gridiron, however, the three-time league MVP is still looking to score big in the real estate market.




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Jay Cutler and Kristin Cavallari toss Tennessee mansion back on the market

Jay Cutler and Kristin Cavalarri have chopped the price of their Tennnessee mansion to $4.95 million.




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Penthouse once owned by critic Richard Roeper sells for $1.21 million

A three-bedroom duplex in River North that Roeper owned from 2005 until 2014 sold Jan. 7 for 13% less than what Roeper got for it.




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Paint job makes $500,000 Florida home look like cartoon

The home was painted in large patches of extremely bright primary colors with random splatters throughout. The home in the Il Regalo Circle Community in Naples resembles a pre-school play toy or cartoon home.




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Small home living: not ‘downsizing’ but ‘right-sizing’

With the current trend toward de-cluttering and downsizing, there are plenty of books about how to winnow down possessions to the few that are truly necessary and loved. This book shows how you can live well once that's done.




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Smells impacting sales, rules against growing: How the real estate market is influenced by legal marijuana

A new National Association of Realtors report revealed the ways that legalizing marijuana has impacted real estate.




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‘They slap lipstick on a pig’: What Chicago real estate experts think of the HGTV effect and ‘Windy City Rehab’ woes

Chicago real estate experts bust myths portrayed by home improvement shows, from actors subbing in as buyers to unrealistically low renovation costs.




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Former quarterback Michael Vick lists South Florida home | Photos

Former NFL quarterback Michael Vick is selling his Plantation home, listed at $2.399 million.




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Ousted WeWork co-founder Adam Neumann selling Manhattan penthouse for $37.5 million

Billionaire Adam Neumann, who was ousted from WeWork after the company’s botched attempt to go public last year, is selling a swanky penthouse in Manhattan’s Gramercy Park neighborhood for $37.5 million. The 41-year-old Israeli entrepreneur, whose unorthodox management style made shocking headlines in recent months, reportedly combined a four-bedroom penthouse and a three-bedroom apartment that he bought in 2017 into a massive three-story unit.




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Hoodlums in the ’hood: Where mobsters lived in South Florida

Some of the most infamous mobsters lived in South Florida neighborhoods we call home today, from Miami to Hollywood to Boca Raton.




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Sober homes face challenge of finding welcoming neighborhood

As important as sober homes are to the effort to address a statewide crisis at the local level, many neighborhoods prefer not to be a part of that mission.




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Smart Moves: Tips to avoid being house-poor

Demand for first-time homeownership is surging as many late-blooming millennials are finally seeking to settle down. But in some ways, their timing couldn’t be worse. That’s because entry-level homes are in severely short supply, and prices are still ascending.




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First signs of disruption appear in housing; markets ‘calm’

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Wednesday related to the global economy, particular economic sectors, and the workplace.




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Real estate deals tap technology for virtual tours, closings | Photos

Thanks to virtual tours, online mortgage applications, remote notarization and tech tools like Facetime, real estate agents in South Florida are still conducting business these days.




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Canceled open houses and virtual home tours. Realtors pivot amid pandemic to keep selling homes

Locally, the housing market got off to a great start at the beginning of the year, and all signs seemed to point to a bright spring season. And then the coronavirus struck.




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US home sales plunge 8.5% in March, and it may grow worse

U.S. sales of existing homes cratered 8.5% in March with real estate activity stalled by the coronavirus outbreak.




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Virtual tours? A buyers’ market later? How coronavirus is affecting South Florida real estate.

A look at how real estate in South Florida has been affected by the coronavirus pandemic, from virtual tours and technology playing larger in the home-buying process to how the market is expected to react.




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3D office tours grow in popularity as coronavirus brings in-person visits to a halt

Truss, a Chicago-based real estate technology firm, is seeing increased interest in its 3D virtual office tours during the coronavirus pandemic.