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
Luxury real estate company CEO floats possibility that Trump could sell Mar-a-Lago to help pay bonds lolita, 25/03/2025 The CEO of a luxury real estate firm claimed in an interview Thursday that former President Trump’s home of Mar-a-Lago could potentially be sold for hundreds of millions of dollars as he tries to pay a nine-figure bond in his civil fraud case. “Mar-a-Lago, potentially, that could be something that could be sold quickly,” Brown Harris Stevens CEO Bess Freedman told CNN Thursday. “I think the valuation is something in the hundreds of millions and I think there could be a buyer for something like that.” “There could be plenty of international people who want to buy that property,” Freedman said, explaining that there would likely be great interest in buying Mar-a-Lago from Trump. “There’s properties that are priced at $150 and $200 million that are near that.” NY AG ASKS COURT TO IGNORE TRUMP CLAIM THAT POSTING $464M BOND IS ‘PRACTICAL IMPOSSIBILITY’ The CEO of a luxury real estate firm told CNN Thursday that former President Trump’s home of Mar-a-Lago could potentially be sold for hundreds of millions of dollars. (CNN screenshot) “And Palm Beach is like the Nvidia of real estate,” he said. “It’s just shot up like a rocket. And people do want to live there, they’d … Continue Reading
The ultimate beachfront property you can’t sleep in lolita, 23/03/2025 There are no bedrooms or bathrooms and they’re often without electricity or water, but a tightly held segment of the waterfront property market offers buyers the chance to own a slice of prime beach real estate. Known as beach boxes, bathing boxes or boat sheds, the colorful and distinctive wooden huts dotted along the Victorian coastline are a popular place to take shelter at the beach, store fishing gear and relax. And despite their basic structures, they can fetch more than the average Melbourne house. Would you pay half a million dollars for a beach box? Darren Sadler from Woodards Dromana believes his beach box listing at Hawkers Beach, Mt Martha in Victoria’s Mornington Peninsula might be the only double storey box in Australia. Advertised for sale via an Expression of Interest campaign with a guide of $500,000, the two-storey beach box is definitely the largest in the area, he told realestate.com.au. “This is a once in a lifetime opportunity. This beach box is one of a kind. “Not only is it double storey, but it has amazing spectacular views of the city skyline,” he said. The rare two-storey beach box has been beautifully finished inside. “Whether you want to … Continue Reading
Bank of Canada pause soothes the real estate market lolita, 06/09/2024 Open this photo in gallery: 33 Lombard St. features a renovated unit with 1,400 square feet of living space and two parking spaces.ReMax Hallmark Bibby Group Realty March has brought renewed life to the Toronto-area condo market on the heels of a flurry of single-family home sales earlier in the year. But while buyers seem to be more optimistic in all segments of the market, they are keeping a close eye on their finances. Christopher Bibby, broker with Re/Max Hallmark Bibby Group Realty, says condo sales have been lagging the broader market so far in 2024, but the tempo suddenly shifted in early March. Over the course of 10 days, Mr. Bibby sold three of his condo listings, helped four buyers purchase units and had two more deals in negotiations. In the condo market, units with asking prices above the $1.5-million mark are seeing more action after a lengthy stall. “Suddenly it seems that price point is starting to click.” Mr Bibby says the sudden turn appears to be partly a delayed spillover from the rebound that began in late December in the freehold segment. As tales of bidding contests for houses became more common, some downsizers felt more … Continue Reading