Economy - Sueep - Page 2
Economy

Contract Home Sales: Up 7.5% in October

Insights of the National Association of Realtors, pending home sales increased in October, recovering from the previous month’s drop.

According to experts, the large gains in October ensure that total existing home sales in 2021 will exceed 6 million units, which will be the best performance in 15 years.

While the market is expected to remain strong, Yoon expects home prices to rise at a more steady rate over the next several months and expects demand to slow down as mortgage rates rise.

Realtor’s hottest real estate market data reveals that among the 40 largest metropolitan areas metropolitan areas have seen improvement over the past year, as of November 18, Orlando Kissimmee Sanford, Florida.

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Economy

Luxury Realtor Team ‘Mahboubi Luxury Estates’ Sells $29.995.000 in Beverly Hills Flats

Haleh Mahboubi of Mahboubi Luxury Estates has closed escrow on one of the most expensive homes in the Beverly Hills Flats, marking their largest sale to date. Haleh co-listed the property with celebrity realtor, Aaron Kirman, of the Aaron Kirman Group, which has sold over $14 Billion of luxury real estate to date, and has a show on CNBC titled ‘Listing Impossible.’

The 17,000 sqft. home boasted 8 French fireplaces, a floor to ceiling solid wood library and a master suite with its own private balcony looking over the near half-acre estate.

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Celebrity, Economy

“Trump’s real-estate empire pays the prices for poisonous politics” Reuters

“Trump’s business also remains under the cloud of a joint criminal fraud investigation by the Manhattan District Attorney’s office and the New York Attorney General. The company and its longtime chief financial officer, Allen Weisselberg, have been charged with a scheme to evade payroll taxes, and investigators continue to probe whether Trump or his representatives committed fraud by misrepresenting financials in loan applications and tax returns. Weisselberg and the company deny wrongdoing and are contesting the charges.” Reuters

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