A new class of overnight millionaires and billionaires are bidding up San Francisco housing at the fastest rate in the country. And that’s before Anthropic and OpenAI have even gone public.
People motivated to buy or sell homes in this market are often hitting significant milestones, from babies and back-to-office mandates to downsizing and retirement.
A researcher found that five real estate Investment corporations own more than 5% of the single-family housing stock in a county just outside Nashville.
The Treasury Department is seeking public input on a plan to increase oversight of all-cash real estate transactions to try to crack down on money laundering.