AG Dana Nessel warns against real estate scams: What to know lolita, 23/07/2025 FOX 2 (WJBK) – Michigan Attorney General Dana Nessel is sounding the alarm when it comes to real estate scams. With an increase in fraudulent real estate listings on properties that often do not exist, renters and home buyers should be aware of the warning signs. An advertisement on Zillow listed a Florida house at less than 3% of its actual value, according to a news release from Nessel’s office. The listing “agent” specified they would only engage with first-time home buyers who did not have any representation. Moreover, they demanded a deposit of $4,500 before the house could even be viewed. “Purchasing a home is often the single largest expense a consumer will make in their lifetime, and entering a new lease on a rental home similarly represents a huge financial commitment,” Nessel said in the release. “Sadly, when the sums reach such heights, fraudsters and scammers are drawn to these markets. Prospective homebuyers and renters can avoid falling victim to these scams with moderate vigilance and reasonable precautions, and a healthy skepticism of any listings that appear too good to be true.” Nessel’s warning refers to Zillow’s guidance on what prospective home buyers should be vigilant about. Be … Continue Reading
Barbara Corcoran Issues Statement, Warning on NAR Settlement lolita, 15/07/2025 A landmark $418 million class action settlement from the National Association of Realtors (NAR) is set to change the way real estate agents are paid and shake up the industry at large. The agreement, which was finalized on Friday, takes effect in July and begins with class-action lawsuits accusing the Realtors of having too much power and a monopoly over Americans trying to sell their homes. In part, the NAR settlement removes rules on sales commissions for brokers and agents, meaning that the standard 6% starting commission rate no longer exists. The settlement only affects buyer and seller agreements, though, so renters may still have to pay broker fees when looking for a new unit. In a statement, NAR denied any wrongdoing. “NAR has worked hard for years to resolve this litigation in a manner that benefits our members and American consumers,” said Nykia Wright, interim CEO of NAR. “It has always been our goal to preserve consumer choice and protect our members to the greatest extent possible. This settlement achieves both of those goals.” Meanwhile, real estate titan Barbara Corcoran is sounding off on the news and how it could potentially make or break many real estate agents’ careers … Continue Reading
Industrial real estate emerges from the storm lolita, 07/07/2025 The industrial real estate segment has emerged as a driver of the property market. (Photo: VNA) The investment was funneled into 16 out of the 21 national economic sectors in January, of which real estate attracted the second largest amount with nearly 1.41 billion USD or 32.7% of the total FDI, up more than 3.5-fold year-on-year. In this regard, processing and manufacturing took the lead with some 2.54 billion USD, accounting for 59.1% of the accumulative FDI and representing a year-on-year rise of 16.8%. To lure more big projects and investors to Vietnam, the Prime Minister has assigned concrete tasks to ministries and agencies, said Deputy Minister of Planning and Investment Tran Quoc Phuong, adding his ministry will prioritize investment attraction to science-technology, innovation, semiconductor chip and new industries. According to the official, issues regarding infrastructure and land remain concerns for foreign investors. Therefore, large-scale infrastructure projects should be accelerated and more attention paid to the enforcement of the amended Land Law. Industrial land lease prices are forecast to increase by 5-9% annually in the northern region, and 3-7% in the south thanks to the rising demand from industrial groups, said property consultancy CBRE Vietnam. Ready-built warehouse rental prices are … Continue Reading
Three fake real estate agents arrested for duping business of ₹23L | Mumbai news lolita, 12/04/2025 MUMBAI: Three persons who posed as real estate agents and cheated a property seller of ₹23 lakh were arrested on Thursday. According to the North Cyber police, the frauds promised to give the property seller’s flat a heavy deposit. HT Image The accused have been arrested from Vasai and Nalasopara and have been produced before the court. In February, a businessman from Malad was in search of a house on heavy deposit. The man had posted his requirements on a property website where he came across a mobile number of a person who claimed to be an estate agent. The accused had posted an advertisement for “flat on heavy deposit in the Mira Road area” and published it on the website. The complainant came across the advertisement posted in the name of “Global Home Best Service” and reached out to the accused through the contact number given in the advertisement. The accused then shared images of different apartments in Mira Road, Vasai, Nalasopara region via WhatsApp with the complainant. The complainant selected one of the apartments and sent an amount of ₹22.31 lakh to the bank accounts of the “landlord,” as instructed by the fake real estate agent. … Continue Reading
This NJ town ranks 4th for hottest real estate markets in the nation. See top 150 list. lolita, 11/04/2025 New Jersey’s fiercely competitive real estate market has 32 NJ towns ranked in the top 150 hottest housing markets in the nation, the latest Realtor.com data shows. The highest New Jersey entry on the list was Montclair at 4th hottest in the nation as of February, according to Realtor.com. Montclair had a median listing price of $844,250 last month. New Jersey also has four of the top 10 real estate markets and 25 of the top 100 spots on the latest list. Nationally, a part of Columbus, Ohio and Ballwin in Missouri have the top two hottest markets. Realtor.com calculates its hotness rank based on supply and demand data on its site, Sara Wiskerchen, director of corporate communications at Realtor.com told NJ Advance Media in an email. Realtor.com determines demand based on unique views of properties on Realtor.com, and supply through the number of days a property has been actively listed on Realtor.com. These two scores are then averaged to create a hotness score, and then ranked. Can’t see the table? Click here. Thank you for relying on us to provide the journalism you can trust. Please consider supporting NJ.com with a subscription. Amira Sweilem may be reached at [email protected]… Continue Reading
What Comes Next for the Housing Market? lolita, 01/04/2025 Federal Reserve officials are planning to cut interest rates this year, real estate agents are likely to slash their commissions after a major settlement and President Biden has begun to look for ways his administration can alleviate high housing costs. A lot of change is happening in the housing market, in short. While sales have slowed markedly amid higher interest rates, both home prices and rents remain sharply higher than before the pandemic. The question now is whether the recent developments will cool costs down. Economists who study the housing market say they expect cost increases to be relatively moderate over the next year. But they don’t expect prices to actually come down in most markets, especially for home purchases. Demographic trends are still fueling solid demand, and cheaper mortgages could lure buyers into a market that still has too few homes for sale, even if lower rates could help draw in more supply around the edges. “It has become almost impossible for me to imagine home prices actually going down,” said Glenn Kelman, the chief executive of Redfin. “The constraints on inventory are so profound.” Here’s what is changing and what it could mean for buyers, sellers and renters.… Continue Reading
A Start Of A New Era In Property Management lolita, 31/03/2025 A general view from a balcony of the Trump Palace luxury condominiums on Sunny Isles Beach, Florida, … [+] on May 15, 2017. – More than half, 54 percent, of Miami foreign real estate buyers come from Latin America, according to the National Association of Realtors.(Photo by RHONA WISE / AFP) / TO GO WITH AFP STORY by Leila MACOR , Lifestyle US luxury architecture urban-planning (Photo by RHONA WISE/AFP via Getty Images) AFP via Getty Images Blockchain technology continues to evolve despite all the discussions, prejudices, regulatory obligations, and speculation. An already-existing application of blockchain technologies — tokenization — has recently found itself a real-life use case in real estate. Tokenization has been around almost as early as blockchain appeared, and it has been looking up to a bright future from day one. Estimates by McKinsey show that the volume of tokenized digital securities will reach $5 trillion by 2030. Real estate tokenization seems like it will significantly contribute to this growth. The market size for real estate tokenization was $2.7 billion in 2022, and its growth trajectory indicates that it could reach $16 trillion by 2030 according to a report by the Boston Consulting Group. Let’s look into … Continue Reading
Tara on Queensland’s Western Downs a drawcard for affordable housing and mortgage-free living lolita, 29/03/2025 As a full-time kitchen hand paying $500 a week in rent, Donna Burn was struggling to make ends meet. She and her husband, Peter Burn, were “working their guts out” just to afford living costs at their Beenleigh rental, south of Brisbane. “Rents were getting astronomical — we were just struggling with the rents with both of us working and paying bills as well,” Ms Burn said. But after a compensation payout, the pair looked at life differently. They found a three-bedroom house for sale at Tara, 300 kilometers west of Brisbane, which they bought outright for $150,000 in September 2023. The town is still recovering from last year’s bushfires which destroyed 57 homes. Tara also made international headlines with the deaths of police constables Rachel McCrow and Matthew Arnold, who were killed in an ambush at a property at Wieambilla, just outside of Tara in 2022. Donna Burn … Continue Reading
Boost Juice Queen’s decadent new $17m Byron home lolita, 28/03/2025 Boost Juice founder Janine Allis is believed to be the new owner of a Byron Bay beauty on a 948sq m block at Wategos Bay. Picture: Supplied The Hemsworth family has a new neighbor, and this one may just tie into their healthy lifestyle. Boost Juice founder Janine Allis is believed to be the new owner of a Byron Bay beauty on a 948sq m block at Wategos Bay. Byron Bay Real Estate agent Liam Annesley marketed the property, which was described as a “meticulously crafted”. MORE: Inside Mark Wahlberg’s $100m Aussie mansion One of five bedrooms. MORE: ‘Arms race’: billionaires battle for Oz’s richest home The property has five bedrooms and three bathrooms, and views of the iconic Cape Byron Lighthouse. There is a sleek gourmet kitchen and BBQ, a decadent master retreat with a private balcony, a large robe and an opulent ensuite with views, a pool and spa, landscaped gardens, a private gym, outdoor office, parking for five with a two- car garage, two storage bays and an elevator providing convenient access to all levels. MORE: Prize homeowner’s amazing win changes her life Mandatory view from the bath, Boost Juice founder Janine Allis. Just a short walk … Continue Reading
Luxury’s Latest Battleground: Real Estate lolita, 27/03/2025 Luxury brands are locked in a retail arms race that favors players with the scale to keep up with ever-escalating costs and capital expenditure requirements. In recent years, flagship stores have grown larger as well as more lavish, not to mention the new generation of VIP facilities. The toolbox of store animation activities has grown to encompass restaurants, bars, temporary exhibitions and other cultural events, as well as more frequent merchandise drops. Efforts to generate foot traffic have reached new heights, too. Now, top luxury groups are opening a new front in the competition: buying real estate to secure landmark locations. And the implications for second-tier brands are serious. Second-tier players with lower retail space productivity were already struggling to stay on key luxury streets — such as Fifth Avenue in New York, Avenue Montaigne in Paris and Canton Road in Hong Kong — as rents hit new highs. They certainly can’t keep up with top luxury groups offering hundreds of millions of euros to buy store locations outright. The strategy was pioneered by LVMH, which snapped up the Louis Vuitton store at 57th Street and Fifth Avenue in the early noughties. But the magnitude of today’s luxury real estate … Continue Reading