Alaska’s Most Expensive House Is a Real Gold Mine

Alaska's most expensive home -- exterior 2

When we last checked, about a year and a half ago, a 45-acre waterfront property with a German-style chalet was Alaska’s priciest property, with a $ 4,750,000 price tag. But just last week, it was topped by a 31.3-acre property with its own golf course, artesian well, and gold mine (real and documented)—all for $ 6,500,000. Ladies and gentlemen, we have a new “most expensive” titleholder!

“There isn’t much gold left in the mine,” confesses listing agent . . .  Read more >

Michael Bloomberg and Donald Trump: Frenemies no more

Donald Trump and Michael Bloomberg

Donald Trump and Michael Bloomberg

From the New York website: Former mayor Michael Bloomberg spared no words Wednesday when referring to Donald Trump as insane, reckless and even a con man. Nor did the GOP presidential candidate hold back Thursday when referring to Bloomberg as a “very little guy.”

Despite the recent vitriol, the frenemies have basically co-existed until now.

Although both are New York billionaires, they largely traveled in different circles, according to the New York . . .  Read more >

2016 NAR Commercial Member Profile

Browsing through all 100+ pages of the 2016 NAR Commercial Member Profile released yesterday, I was struck by two things: a pipeline and a piano. (Correction for clarity: I wasn’t actually struck by anything, thankfully nothing as sizable as a piano. But I did notice two things right away.)



Chart from NAR Commercial 2016 Member Profile

The data on transactions among Members arranged by years in the industry point to an enduring rule in the commercial real estate business about . . .  Read more >

The Harbour debuts its sales gallery in Sunny Isles: PHOTOS

Developers Key International and 13th Floor Investments held a grand opening for the Harbour’s sales gallery complete with a choreographed, acrobatic jet pack show, filet mignon bites and champagne.

Nearly 200 brokers, developers and industry insiders attended the Sunny Isles shindig, held at Key International’s 400 Sunny Isles development. The two-story sales center, with a scale model and model kitchen, opens up to a waterfront terrace and marina with views of the bay . . .  Read more >

James Nederlander, major Broadway landlord, dies at 94

James Nederlander and the Palace Theater

James Nederlander and the Palace Theater

From the New York website: James Nederlander, patriarch of a real estate dynasty that owns the Pantages Theatre in Hollywood and several famous venues in New York City’s Theater District, died Monday at his Southampton home at the age of 94.

The Nederlanders are among the Theater District’s biggest landlords — second only to the Shubert Organization — and own or operate nine theaters, including the Minskoff, the Neil Simon, the . . .  Read more >

NFL Star Davon House Buys Vacation Home in Hawaii


Ronald C. Modra/Sports Imagery /Getty Images

Davon House might spend the majority of his time in Jacksonville, FL, with the Jaguars, but in his downtime he likes to kick back in Hawaii. The 27-year-old NFL cornerback recently purchased a townhome in Kohanaiki, a private oceanfront community near Kailua-Kona.

According to Tiffany Hayden, senior account executive of media relations at Murphy O’Brien Public Relations, House bought the townhome this past winter for between $ 2 million and $ 3 million.

Located in the private community of . . .  Read more >

Black Sabbath Co-founder Geezer Butler Selling Beverly Hills Home


Paul Warner/ Getty Images

Heavy-metal legend Terence Michael Joseph Butler, better known as Geezer Butler, original bassist and lyricist for Black Sabbath, is selling his Beverly Hills, CA, home—and it isn’t anything like you’re expecting.

Butler, often considered the father of heavy metal, is known for his dark and resonating lyrics, but if you’re expecting rocker touches like a guitar-shaped pool, on-site nightclub, or maybe a bat-filled dungeon, think again.

 . . .  Read more >

Existing-Home Sales Keep Climbing…Can It Last?

This morning we reported that existing-home sales increased in June (1.1 percent) for the fourth straight month and remained at their highest annual sales pace since February 2007 (5.79 million).

Almost every nook and cranny inside the data shows that it was a very solid month for the resale market. Sales to first-time buyers, although still underwhelming, rose to their highest share (33 percent) since July 2012. Meanwhile, just as noteworthy, foreclosure sales and those to individual investors . . .  Read more >

Profile of U.S. Residents Seeking to Purchase a Property Abroad in April 2015—March 2016

International real estate is multi-faceted. Not only do international clients choose to purchase U.S. real estate, U.S. clients are also interested in purchasing property abroad. Approximately 14 percent of responding REALTORS® reported that they had a client who was seeking to purchase property in another country compared to six percent in the previous 12-month period, according to NAR’s recently released 2016 Profile of International Activity in U.S. Residential Real Estate.

Among REALTORS® . . .  Read more >

Restore a Pool in Just 5 Steps


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Pools can take a lot of maintenance and work to keep them at their best. And sometimes that work can get beyond a home owner, causing them to shut down their pool for a period of time. If this has happened to one of your clients or maybe they’ve bought a new home with an old pool that needs some help, these five steps will make it swimming ready in no time at all.

Step 1: Fix Any Leaks

Leaks can be a serious problem for pools, and unfortunately they can also . . .  Read more >