Despite challenged market conditions for homebuilders nationwide, Palm Beach County, Fla.-based Akel Homes is betting that a newly-opened community’s top-tier amenities and relative affordability, in combination with South Florida’s strong active-adult demand, will navigate a narrowed path to traction. With a product aimed primarily at less interest-rate- and price-sensitive 55-plus buyers and a compelling “neighborhood-of-your-dreams”…
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A Florida court has denied a broker’s motion asking the court to compel the National Association of Realtors (NAR) along with 16 local Realtor associations and MLSs to enforce their own rules. On Thursday, a Florida-based U.S. District Court judge ruled in acceptance of a magistrate judge’s report and recommendations, denying plaintiff Jorge Zea’s preliminary…
President Donald Trump ended months of speculation Friday morning by announcing former Fed Governor Kevin Warsh as his pick for the next Federal Reserve chair. If confirmed, Warsh would succeed current Fed Chair Jerome Powell when his term ends in May. Trump announced Warsh as his nominee in a Truth Social post. After listing his…
Other recent boldface listings were from the estates of Giorgio Armani and Johnny Carson’s ex-wife, Joanna.