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Six people have been charged with felonies after allegedly posing as licensed contractors in the Pacific Palisades wildfire disaster zone, where prosecutors say they submitted more than $1.2 million in bids for rebuilding projects, according to the Los Angeles County District Attorney’s Office. A joint undercover operation by the District Attorney’s Bureau of Investigation and…
For a building as notorious as 281 Park Avenue South, it’s only fitting the buyer proved to be persona non grata in New York City. Airbnb was unearthed as the purchaser ornate, Beaux Arts-style landmark in Manhattan, the Wall Street Journal first reported. RFR’s Aby Rosen was reported last month to be in contract to…
In an aerial view, a residential neighborhood is seen on June 4, 2026 in Pembroke Pines, Florida. Joe Raedle | Getty Images Mortgage rates have been hovering in a tight range for more than a month, and that range is on the relatively high side. As a result, mortgage demand isn’t moving much either. Total…
Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
Realtor.com flagged the trend as a wildcard with limited data so far, but with meaningful structural implications. “Keeping listings off the open market changes the equation for everyone involved,” Hale said. “Sellers who go private are trading away visibility and competition among buyers, and that competition is usually what pushes a sale price up. For buyers,…
The pace of landlords selling up properties has slowed, but the Renters’ Rights Act could prevent up to 100,000 unsold homes from returning to the rental market, new research suggests. The share of homes listed for sale that were previously rented dropped to 9.2% in June, down from 11.3% last year and below the 2021-2022…