Category: Real Estate

Why the rich are WRITING OFF NYC, LONDON, and more

The international luxury housing market is thriving, but the traditional epicenters of high-end purchasing could be heading for trouble. According to a new survey from Christie’s International Real Estate, home sales over $1 million declined in many traditionally popular high-end markets over the past 12 months, while buyers with deep pockets appeared to be more […]

May 24, 2016 | More

3 JOB-KILLING COMPANIES that could also KILL YOUR HOME VALUE

If you own a Carrier air conditioner, then you’ve probably perked up your ears as presidential hopefuls Donald Trump and Bernie Sanders assume a bit of common ground (for a moment anyway) and trash the company for eliminating 1,400 from its Indiana production plant and moving them to Mexico. Trump vowed that he would not […]

May 20, 2016 | 1 Comment More

GUILTY VERDICT in agent kidnapping, robbery case

Last year, St. Petersburg real estate professionals were rattled when two real estate agents were kidnapped, robbed, and held at gunpoint for hours while their attacker waited on a $50,000 ransom. Last week, the man accused of the crime was found guilty and now faces up to 20 years in prison. Paul Pinkston, a computer […]

May 20, 2016 | 1 Comment More

CRACKDOWN from the Natl Association of Realtors

If you’re currently a member of a Realtor’s association at a state or local level, you could be seeing some changes in the near future. The Board of Directors for the National Association of Realtors (NAR) recently voted to approve a series of changes to the standards and requirements for local and state Realtors’ associations. […]

May 17, 2016 | 1 Comment More

HEDGE FUND WHINE: “We’re under fire”

At a recent convention in Las Vegas that has historically celebrated the hedge-fund industry, hedge-fund managers, clients, and analysts posited such gloomy things as “90 percent of hedge-fund managers probably aren’t skilled enough to navigate the markets” (this from a Chinese sovereign-wealth fund) and that investors would opt into more boutique funds rather than continuing […]

May 13, 2016 | 2 Comments More