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One of Frank Lloyd Wright’s largest residential homes just sold to an undisclosed buyer for $6 million. The celebrated Tirranna House was initially listed in May 2023 for $8 million, and closed ...
The Iconic “Home Alone” House Has Officially Sold Over Asking for $5.5 Million — See Inside! The famous Illinois home featured in the 1990 Christmas classic first hit the market for $5.25 ...
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A historically high number of new homes are up for sale in the US South, thanks largely to Florida and Texas. There were 293,000 newly built houses still on the market in that part of the country ...
Valuing real estate with a capitalization rate or cap rate (the convention used in real estate finance) is a more current example. Using a cap rate, the value of a particular real estate asset is either the net income or the net cash flow of the property, divided by the cap rate. Effectively, the use of a cap rate to value a piece of real ...
A residential area of Ikuri in Tampere, Finland. In certain residential areas, especially rural, large tracts of land may have no services whatever, such that residents seeking services must use a motor vehicle or other transportation, so the need for transportation has resulted in land development following existing or planned transport infrastructure such as rail and road.
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