
There are an estimated 363,000 fewer properties this June than last.

There are an estimated 363,000 fewer properties this June than last.

Abel Makkonen Tesfaye, better known as "The Weeknd," is ready to let go of his Hidden Hills property for $25M. The artist purchased the estate back in 2017 for $18.2M, according to records, and, according to his record breaking records, he left it pretty much vacant.

According to the NAR, sales of existing homes decreased year-over-year 26.6%, and dropped 9.7% from April to May. Even though May was the third month of declines, NAR experts expect a turn around in the near future.

Dramatic changes in mortgage rates which have declined significantly due to the coronavirus pandemic can encourage homeowners to consider refinancing their mortgage, despite this scenario, it is worth evaluating if refinancing is the best deal for you!

When Drake said "4,000 square feet just isn't as spacious," we didn't anticipate 50,000 was the magic number. Maybe the private 747 should've given it away... Take a look at Aubrey Grahams house in Toronto's Billionaire Row, Bridle Path.
For the past two months pending homes sales have noticed a significant decline, however, in May they raised by 44.3% compared to April, according to the NAR (National Association of Realtors).

Ilya Kovalchuk, left wing for the Capitals, listed his New Jersey castle this month. The listing price comes in at $16 million for a 22,000 square foot, 2018 construction. Kovalchuk listed this last year for $2m more at $18m.

A rental lease is nothing different from a legal bidding contract, that is why you (the future tenant) have every right to negotiate with the landlord before signing any lease document. Keep in mind that after the ink on the leasing contract is dry, neither the tenant nor landlord has no power over suggesting changes in the contract.

Elon Musk is really doing it. A few weeks ago we wrote about his tweet and subsequent listings of a couple properties in Los Angeles. He decided to get rid of all of his material possessions, including his real estate portfolio. He even went as far as to undergo this task without a real estate agent. A lot of people scoffed, but Musk just sold his first million-dollar listing.

For the first time since March, the total number of mortgage loans in forbearance has decreased to 8.48% from the previous week of 8.55% (Mortgage Bankers Association). Currently, there are 4.2M homeowners with forbearance plans.

Welcome to West Lake Ranch, the 4,000-acre spread containing two entire lakes that offer incredible trout fishing, caves with pictographs left by indigenous tribespeople, and thousands of wild animals.

Saudi Prince Turki bin Nasser is asking $40 million for a compound in Beverly Park, or a little over a million bucks per bathroom.

The NAR (National Association of Realtors) has released earlier this week a plan with five bullets to expand down payment assistance programs, and alternative credit scoring models, plus, improve FHA loans.

Kylie Jenner recently revealed her newest mansion from architect Gala Asher, a $37M compound in Holmby Hills. Shortly after, ex-partner and baby daddy, Travis Scott, decided to follow suit with this $23.5 million purchase.