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28-Story Tower To Rise in Brooklyn's Sheepshead Bay

The south Brooklyn neighborhood of Sheepshead Bay is about to have its own tall tower. Renderings for the 28-story development on 1501 Voorhies Avenue have just been revealed, highlighting the building's huge height gap amongst the vicinity's existing structures.

Affordable Housing in 2016 Attracts Millennial Investors

Millennials are the future of the real estate industry and for several years now, the industry has been quivering as millennials seem uninterested to "give up renting or move out of their parents' basement" to invest in a property. However, a new report has now surfaced showing that millennials are finally putting their money into real estate because of the availability of affordable housing.

Australia Orders Sale of Foreigners' Estates in Breach of Ownership Laws

The Australian government has just ordered the sale of eight more residential properties that were purchased in breach of foreign ownership laws. The move was in response to concerns regarding increased house prices due to offshore buyers.