America’s Top 10 Real Estate News
Posted: August 20, 2025 | Source: www.prnewswire.comAmerica’s Most Interesting Real Estate News
US Home Sales Down But Prices Up Again
While US home sales are stuck at near-record lows due to a lack of buyers and high interest rates, home prices are still going up due to a lack of inventory. US existing-home sales fell 2.7% in June, but median prices hit a record $435,300.
The Most Expensive City In the World
According to Henley & Partners, a company that works with international residents and investment, Monaco is the most expensive city in the world, followed by New York City and Hong Kong. A small apartment in Monaco typically costs almost $4 million.
Should Home Sellers Paint Their Grass
A new tactic for home sellers with lawn issues is painting the grass. A professional application will cost somewhere between $200 and $500 for an average lawn. Do-it-yourself homeowners can purchase the paint concentrate for about $25 a quart. A typical application lasts two to three months.
The Oscar Mayer Wiener Mansion
The family home of Oscar Ferdinand Mayer’s son, Oscar G. Mayer, Sr., has undergone a stunning restoration. Mayer took over the sausage company in 1928 from his father and was primarily responsible for the company’s rapid growth from 200 to over 8,000 employees. He purchased the brick mansion located in Evanston, Illinois’ historic Lakeshore District in 1927 and lived there until his death in 1965.
Cary Grant’s Widow Lists Inherited Home
The dashing Cary Grant died in 1986 and left his widow, Barbara Harris, an outdated home on a 2.9-acre prime Beverly Hills site. She tore the home down and built an ultra-modern home over 15,000 square feet with views from the LA skyline to the Pacific Ocean. Barbara just listed it for $77.5 million.
Move To These States For College Tuition Bargains
More people are moving to states that offer large tuition discounts for in-state students. The savings for a four-year degree can be significant in states like Florida, where out-of-state tuition at the University of Florida is $28,658 per year but just $6,380 for residents. The University of Florida is frequently ranked as one of the best public colleges in the United States.
US Home Sales To Internationals Jump 44%
Between April 2024 and March 2025, international buyers purchased 78,100 US properties, a huge increase of 44% from the prior year and the first increase since 2017. Florida had the largest share of international buyers with 21%, followed by California with 15%. China and Canada were the leading home countries of non-US buyers at 15% and 14%.
Jake Paul Used His Boxing Earnings To Buy Legendary Georgia Ranch
YouTube star-turned-boxer Jake Paul used his earnings from his November fight with Mike Tyson to buy the one thing he says he has wanted for a long time: the keys to one of Georgia’s best sporting ranches. Jake bought the sprawling Southlands Plantation, a legendary 5,746-acre sporting estate. The broker says it is equivalent to owning an NFL team.
America’s Richest Suburbs
Most people would guess that Beverly Hills is LA’s wealthiest suburb, but LA’s wealthiest suburb is actually Palos Verdes Estates, where the average household income is $367,178, and homes are worth an average of $2.8 million. In fact, many people may have never heard the names of America’s wealthiest suburbs, places such as Hinsdale, which is Chicago’s richest suburb with an average household income of $376,366 and home values averaging $1.3 million, and Pinecrest, which is Miami’s richest suburb with an average household income of $312,591 and home values averaging $2.4 million.
Forget the Beaches—Downtown Fort Lauderdale Is Where the Action Is
World-famous for its beaches, Fort Lauderdale’s downtown area is surging with new construction and residents. An area that was once dominated by industry and warehouses is now thriving with new restaurants, art galleries, street muralists, and the Brightline fast-train service, connecting the city to Miami, Palm Beach and Orlando. Coming soon to Fort Lauderdale: Ombelle’s two towers with over 100,000 square feet of amenities and prices that are about 50 to 70% less than the newest Fort Lauderdale oceanfront condos.
For more interesting real estate news, visit TopTenRealEstateDeals.com.