real estate

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Real Estate Titans' Sex Crimes Trial Set to Start

'A team' brothers, along with 3rd brother, face sex trafficking, rape charges that involve dozens of women

(Newser) - The brothers operated in the glitz and glamour of the Hamptons and South Beach. Two were high-end real estate brokers dubbed "The A Team." The third went to law school and ran their family's private security firm, which caters to heads of state and the rich and...

China's Ambitious Man-Made Island Now 'a Dead Zone'

Ocean Flower Island, meant to rival Dubai's Palm Jumeirah, is an emblem of property bust

(Newser) - On a ring of artificial islands off China's southern coast, the boom years live on as a very expensive mirage. Ocean Flower Island, a $12 billion Evergrande showpiece modeled loosely on Dubai's Palm Jumeirah, was supposed to host 200,000 residents plus armies of shoppers and conference-goers. Instead,...

Bel-Air Mansion Famous From TV Up for Sale

Asking price for Fresh Prince setting is about $30M

(Newser) - Hollywood nostalgia is contributing to a hefty asking price in Brentwood, California, where the mansion best known as the Banks family pad on The Fresh Prince of Bel-Air is about to hit the market for just under $30 million, reports the Real Deal . The Georgian Colonial, used for exterior shots...

Trump Announces Big Move on Affordable Housing

He vows to ban big investors from snapping up single-family homes

(Newser) - President Trump is targeting Wall Street in a push for affordable housing. In a Truth Social post Wednesday, Trump said the federal government should block large institutional investors from purchasing single-family homes, arguing that corporate landlords are making it harder for Americans, especially younger buyers, to enter the housing market,...

Famous TV Bros Try to Sell $70M Estate With an AI Video

Fantasy trailer by Altmans for California mansion aims to emulate Game of Thrones vibe

(Newser) - Selling a $70 million estate apparently now comes with dragons. In a bid to move a 20-acre Santa Barbara County mansion that's lingered on and off the market since 2019, owner and real-estate developer Patrick Nesbitt turned to artificial intelligence—first to pick his agents, then to market the...

Ultraluxury Home Sales Hit Record Wave of $100M Deals

'The separation between the haves and have-nots is expanding, and it is being reflected in real estate'

(Newser) - America's broader housing market may be stuck in low gear, but at the very top, prices are punching through the stratosphere. In 2025, every one of the 10 biggest US home sales cleared $100 million, per data from appraiser Jonathan Miller and the Wall Street Journal —up from...

The Priciest ZIP Codes in the Nation

Fisher Island, Miami Beach tops annual list with $9.5M median sale price

(Newser) - The most expensive US ZIP code is no longer in California. While the Golden State dominates the top 10 in PropertyShark's annual ranking of the priciest US ZIP codes based on median sale prices, it has lost the top spot to Florida—Miami Beach's Fisher Island, to be...

Owner's 'Delusions' Cited in Fight Over The Conjuring House

Sister contests pending sale to Ghost Hunters star

(Newser) - The supposedly haunted Rhode Island farmhouse that inspired the 2013 horror film The Conjuring is now at the center of a very real legal fight. Ghost Hunters star Jason Hawes was set to close on the property before a Superior Court judge issued a temporary restraining order on Tuesday, halting...

Zillow Drops Climate Risk Tool After Complaints From Realtors

Move follows gripes that climate-risk labels were hurting home sales

(Newser) - Zillow has quietly removed a feature from its listings that showed the climate risks faced by individual properties, following pushback from real estate agents and homeowners who say the data is hurting sales. The tool, introduced last fall, gave buyers a snapshot of risks like wildfires, iffy air quality, severe...

Following Mamdani Win, Rich NYers Aren't Fleeing After All

Luxury apartment sales spike after democratic socialist is voted into Gracie Mansion

(Newser) - Fears that Zohran Mamdani's election as mayor would trigger an exodus of wealthy New Yorkers appear to be overblown, as sales of Manhattan luxury homes surged in November. According to data from Miller Samuel Inc. and Douglas Elliman, contracts were signed for 176 homes priced at $4 million or...

Eric Trump Is Now the Richest of the Trump Kids

Crypto ventures and overseas deals put Eric Trump on top

(Newser) - Eric Trump has quietly become the wealthiest of the Trump siblings, amassing a fortune that now eclipses that of his siblings, which include brothers Donald Jr. and Barron and sisters Ivanka and Tiffany. Despite not owning a direct stake in the Trump Organization's real estate empire, Eric has leveraged...

Home Sellers Yank Listings as Prices Stall

Nearly 85K homes were pulled in September, per Redfin

(Newser) - A growing number of US home sellers are pulling their listings from the market as demand weakens and prices soften, according to new data from Redfin . Nearly 85,000 sellers yanked their homes off the market in September, a 28% increase from the previous year and the highest figure for...

Katy Perry Wants $5M From Mansion's Former Owner

Meanwhile, entrepreneur Carl Westcott wants close to $6M from her

(Newser) - Katy Perry wants $5 million knocked off the purchase price of her $15 million Montecito mansion after she was blocked for years from moving in. Court documents filed Friday reveal the pop star is seeking $3.5 million in lost rental value and $1.3 million in repairs from the...

Trump Organization Nears Naming Rights Deal With Saudis

President plans to honor crown prince this week at White House

(Newser) - The Trump Organization is in advanced talks to put its name on a major Saudi government real estate project, according to the CEO of the Saudi company leading the development. The Trump company is said to be negotiating a deal that would bring a branded property to Diriyah, a $63...

US Home Sales Hit 7-Month High
Home Sales Are
Picking Up Again
Oct 23, 2025 1:35 PM CDT

Home Sales Are Picking Up Again

But many buyers are waiting for mortgage rates to fall further

(Newser) - Sales of previously occupied US homes accelerated in September as declining mortgage rates and a pickup in available properties on the market encouraged home shoppers. Existing home sales rose 1.5% last month from August to a seasonally adjusted annual rate of 4.06 million units, the National Association of...

$2B Powerball Winner Buys Burned-Out Lots in Hometown

Edwin Castro says he wants to help people in Altadena while making a 'reasonable' profit

(Newser) - Nearly a year after wildfires tore through Altadena, California, Powerball winner Edwin Castro has emerged as one of the biggest buyers of burned-out lots in his hometown, spending $10 million on 15 properties with plans to build single-family homes. Castro, who won a record $2 billion Powerball jackpot in 2022,...

Johnny Carson's Malibu Retreat Up for Grabs
Heeeeeere's Johnny's
House Up for Sale
IN CASE YOU MISSED IT
Oct 4, 2025 6:00 AM CDT

Heeeeeere's Johnny's House Up for Sale

Carson's 4-acre estate, with sweeping ocean views and an indoor arboretum, is on the market for $110M

(Newser) - One of California's most storied celebrity properties, formerly home to the "King of Late Night" Johnny Carson, is now on the market for a staggering $110 million, offering a rare glimpse into Hollywood history and coastal luxury. Carson bought the estate in the Point Dume area of...

FTC Accuses Zillow, Redfin of Shady Rental Ad Deal

Agency says $100 million deal stifled rental listing competition

(Newser) - The Federal Trade Commission has taken Zillow and Redfin to court, accusing the real estate heavyweights of teaming up to choke off competition in the online apartment rental ad world. According to the FTC's complaint, Zillow paid Redfin $100 million earlier this year to host its apartment listings...

Top 10 'Hidden Gem' Housing Markets
Top 10 'Hidden Gem'
Housing Markets
Sep 22, 2025 8:43 AM CDT

Top 10 'Hidden Gem' Housing Markets

Lynchburg, Virginia, takes the top honors

(Newser) - A new ranking takes a different approach to sussing out the best housing markets in the US. In this case, the hunt is for "hidden gems." GoBankingRates defines that as a mix of affordability and livability—places where home prices are below state averages, for example, while also...

George Jones' Widow Found Love, Says She Got Scammed
George Jones' Widow Found
Love in the Wrong Place
LONGFORM
Sep 14, 2025 9:30 AM CDT

George Jones' Widow Found Love in the Wrong Place

Nancy Jones, widow of country star, was with alleged conman for 12 years

(Newser) - Nancy Jones, widow of country legend George Jones, found heartbreak long after losing her famous husband—this time not from grief, but allegedly from fraud. Nancy, now 78, had met Kirk West shortly after her famous husband's 2013 death, a vulnerable moment she now believes "wasn't...

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