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☆ If you were thinking about moving to Portugal, it just got a whole lot more expensive
▼ + stars: | 2023-10-12 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Portugal is ending a hefty tax break for foreigners in 2024 that incentivized many to move there. But come 2024, it will be significantly more expensive to live there if you're coming from another country. Now those moving to Portugal in 2024 and beyond will have to pay the same amount of income tax as everyone else, Le Monde reported. Americans already living in Portugal, like Dan Bagby and his wife, Michelle, who moved to Lisbon from Texas in 2021 , won't be immediately affected. But with the cost of living going up and reaching levels of parity with other countries, foreigners may not move to Portugal at all.

Persons: reconsidering, —, Alex Ingrim, Chase Buchanan, António Costa, Le Monde, Ingrim, Jose Manuel Ribeiro, it's, Dan Bagby, Michelle, Dan, Michelle Bagby, Bagby, We've, I'm Organizations: Service, Reuters, The New York Times, Citizen Solutions, Eurostat, Associated Press Locations: Portugal, Lisbon, stoke, Texas, Austin , Texas, France, Italy, Spain

☆ 'We like to develop in Texas': Why the Lone Star State keeps building offices that remain vacant
▼ + stars: | 2023-10-10 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +4 min

Texas developers continue to build offices, even though office-vacancy rates are high. That's because Texas developers build too much. Even with those numbers, Eckert told the Journal that new office completions in Texas eclipsed every other market. Part of that cleansing is converting office buildings into something new , giving them a chance at a new lease on life. Overall, Eckert isn't worried about the office vacancies in Texas, as that is just one data point that doesn't tell the whole story.

Persons: —, Manny Garcia, Thomas LaSalvia, Jeff Eckert, JLL's, Houston —, Brandon Bell, Houston's, Eckert, JLL, Eckert isn't, it's Organizations: Service, Lone Star State, Wall Street, Moody's, Texas —, Houston Locations: Texas, California . Texas, Texas — Austin, Dallas, Austin , Texas, Springs, Dallas , Texas

☆ Home prices in Austin, Texas, are down after an expensive few years — see homes you can buy for under $400,000
▼ + stars: | 2023-10-09 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Home prices in Austin, Texas, are coming down after a pandemic hot streak, according to Realtor.com. Here's what you can buy in Austin now for less than the national median home price of $416,100. AdvertisementAdvertisementHome prices in the pandemic boomtown of Austin, Texas, are starting to come back down to earth. In May 2019, the median list price for a home in Austin was $371,056, according to Realtor.com. That's a 2% decrease year-over-year, which may not sound like much, but is enough to rank Austin as the No.

Persons: —, Sheharyar Bokhari, Austin Organizations: Service, Austin Chamber of Commerce, Lone Star State Locations: Austin , Texas, Austin, That's

☆ You can buy an abandoned Colorado ski resort for $7 million
▼ + stars: | 2023-10-07 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +4 min

A shuttered, 373-acre ski resort outside of Denver, Colorado, hit the market in September. The resort, Slopes at St. Mary's Glacier, closed in 1986 and has remained unused since. Slopes at St. Mary's Glacier, a shuttered, 373-acre ski resort is currently up for grabs for $7 million. The former ski resort closed its lifts in 1986 and hasn't been used since, according to Axios. AdvertisementAdvertisementThe Slopes at St. Mary's Glacier closed as a ski resort in 1986.

Persons: Mary's, —, Kristin Michas, Josh Jackson, Les, they've, We're, Michas, We've, Ross Stoner, LIV, hasn't, Pfenning, Jackson, there's, It's Organizations: Service, Sotheby's, Realty, LIV Sotheby's, LLC Locations: Denver , Colorado, St, Idaho Springs , Colorado, Denver, Idaho

☆ Why now is a good time time to buy property in New York City
▼ + stars: | 2023-10-04 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

AdvertisementAdvertisementBuying a home in New York City may get a smidge easier this fall. The New York City market is correcting itself, Douglas Elliman agent Frances Katzen told Insider. "It's the old adage, opportunity and location, location, location. AdvertisementAdvertisement"If you told someone that they could buy a townhouse in New York City for $3.9 million, they would basically say never," Katzen said. The New York City market had a quieter third quarter this year, with sales in Manhattan dropping 33.2%, from 11,111 to 7,421, in 2022.

Persons: Douglas Elliman, —, Manhattan's, Douglas, Frances Katzen, Katzen Organizations: Service, New, Rocket Homes, New York, Boston Locations: New York, Manhattan, New York City, York, West, Los Angeles, San Francisco, Florida, Tampa, Miami

☆ Ski towns in the American West are getting swankier — and pricing out frustrated locals
▼ + stars: | 2023-10-01 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Driggs, Idaho, is the latest western mountain town to grapple with an surge of outsider money. AdvertisementAdvertisementChristina Assante bought a half-acre lot in Driggs, a ski town on the border of Wyoming, for $500,000 in 2021. Assante, and her son, Asher, are a part of a growing population setting course for the burgeoning ski town that was once overshadowed by its trendy neighbor Jackson, Wyoming. AdvertisementAdvertisementAn uncharted ski town in Idaho is ready to explodeIn Driggs, the town's expansion trajectory hangs in the balance as a, more literal, expansion is being organized. Locals are being pushed further outside of this Colorado ski townVail, Colorado, an expensive ski town a little less than 100 miles outside of Denver, could be viewed as a cautionary tale for Driggs and other budding ski towns.

Persons: —, Rich, Dutton, Luke Smith, Engel, Völkers Jackson, Cindy Riegel, Christina Assante, Assante, Michael, Asher, Driggs, Riegel, Allison Weibel, Steve Estvanik, Weibel, Vail, Michelle Badger, Redfin, it's, Mack, Keller Williams, Everdawn Charles, Tamara Williams, Kevin Costner's, Todd O'Hair, Montana's, Jackson, Paul Diegel Organizations: Service, Wall Street Journal, Journal, Census Bureau, New York Times, Times, Vail Resorts, Denver, Getty Images, Montana Chamber of Commerce Locations: Driggs , Idaho, Teton County , Idaho, Wyoming, Alta , Wyoming, Driggs, Jackson , Wyoming, Colorado and Montana, Idaho, Alta, Colorado, Vail , Colorado, Denver, Vail, Gypsum , Colorado, Vail —, Breckenridge, Dillon, Frisco, Bozeman , Montana, DianeBentleyRaymond, Getty Images Bozeman, Yellowstone, . Bozeman, Bozeman, Montana, Park City, Aspen

☆ 10 cities where home prices are rising the most, as buyers turn to satellite cities for affordability
▼ + stars: | 2023-09-28 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Prices are rising in satellite cities like Trenton, New Jersey, and Fort Wayne, Indiana. Homebuyers are departing larger metros for satellite cities in search of affordability — but as demand increases, so do the home prices that attracted them. Evan Wyloge, a data journalist with Realtor.com, suspects these satellite cities are bringing in new residents as culture around office work changes. Here are the 10 cities where home prices increased the most between August 2022 and August 2023, according to Realtor.com. And don't forget to peek at the list of cities where home prices are falling the most, too.

Persons: —, Evan Wyloge, Realtor.com, Wyloge Organizations: Service, metros, US Census Bureau, Boston Locations: Trenton , New Jersey, Fort Wayne , Indiana, Philadelphia, Indianapolis, Manchester , New Hampshire, Boston

☆ How to avoid getting scammed out of your home or becoming a victim of land fraud
▼ + stars: | 2023-09-27 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

Gordon isn't the only victim of this type of fraud — known as home-title fraud, land fraud, or seller-impersonation fraud — where scammers impersonate the rightful owner of a property by forging documents in order to sell it. Petrescu and Gordon share a few measures property owners can implement to help stop land fraud from happening to them. That may seem like an obvious one, but for a vacant piece of property, owners might forgo that extra security. He used the same title company to buy the land and to refinance it a year later. "Here we have the same title company that I used, and now the fraudster's using the same title company," Gordon said.

Persons: —, William Gordon's, Gordon isn't, scammers, Daniel Kenigsberg, Victor Petrescu, Levine Kellogg Lehman Schneider, Grossman, " Petrescu, Petrescu, Gordon, William Gordon William Gordon Another, there's, hadn't, Victor Petrescu Levine Kellogg Lehman Schneider, he'll Organizations: FBI, MLS, Service Locations: Arizona, Tucson, Fairfield , Connecticut, Miami, Petrescu, Pima County , Arizona

☆ 10 cities where home prices are falling the most, as pandemic boomtowns cool down
▼ + stars: | 2023-09-24 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Home prices are falling in cities that saw large growth in recent years, according to Realtor.com. Prices are falling in pandemic boomtowns like Austin, Texas; Ogden, Utah; and Boise, Idaho. Listings site Realtor.com just put out a new ranking of where home prices are falling the most, compared to a year ago. AdvertisementAdvertisementTo calculate its list, Realtor.com looked at the change in the median list price per square foot for the 50 largest metro areas, comparing data for August 2023 and August 2022. Here are the 10 cities where home prices fell the most between August 2022 and August 2023, according to Realtor.com.

Persons: Evan Wyloge, Zers, Realtor.com, Wyloge Organizations: Service Locations: Austin , Texas, Ogden , Utah, Boise , Idaho, Wall, Silicon, Cities, Myrtle Beach , South Carolina, homebuyers, Ogden

☆ We left Florida because our homeowners insurance ballooned to $12,000. We walked away from everything we knew so our kids could have a future.
▼ + stars: | 2023-09-20 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

They fled to Wisconsin after their homeowners insurance premium doubled, seeing no end in sight. Natalia: In 2016 my husband and I purchased the home I grew up in in Plantation, Florida, from my parents. After the roof, we got a quote from the statewide insurance, Citizens Property Insurance Corporation. AdvertisementAdvertisementIt was just kind of like you're walking, you're walking, you're walking with your head down, and then when you finally look up, you realize you're lost. John: We haven't paid insurance yet, but all our neighbors tell us that insurance is about $1,200 a year.

Persons: Natalia, John, It's, we're, FPL Organizations: Service, Property Insurance Corporation, Florida Power, Wisconsin Dells, . Wisconsin, Olive Photography Locations: Florida, Wisconsin, Wall, Silicon, Plantation , Florida, Fort Lauderdale, Dell Prairie , Wisconsin, Milwaukee, Miami, That's, Dell, Plantation, South Florida, ., . Wisconsin Dells , Wisconsin, Disney

☆ The 10 least expensive states to own a home
▼ + stars: | 2023-09-17 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Here are 10 states, including Ohio and Iowa, where homeownership is less than the national average. According to Zillow, the average cost of a home in the US is $349,770, as of August. Hawaii is one of the more expensive states to live in, and has the highest cost of homeownership, according to Self. But there's good news for prospective homebuyers: There are states where the costs of homeownership are significantly less than the national average. Here are the 10 least expensive states to own a home, according to Self.

Persons: homeownership, Zillow, Angi Organizations: Service Locations: Ohio, Iowa, Wall, Silicon, Hawaii

☆ I moved my family to Japan on an ancestry visa. The paperwork was daunting, but our healthcare is better and cheaper.
▼ + stars: | 2023-09-14 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Veronica Hanson and her family moved to Japan on an ancestry visa in 2022. Hanson's grandparents are Japanese, so she and her family can apply for long-term residency through what's colloquially known as an ancestry visa. Hanson and her family moved to Japan in 2022. Veronica HansonSettling in Japan was a paperwork nightmareWe applied for the Japanese ancestry visa. Veronica HansonWe just paid six months rent at a time, that was the negotiation of how to get this place rented to us.

Persons: Veronica Hanson, Hanson, let's, It's Organizations: Service Locations: Japan, Wall, Silicon, Lake Oswego, Oregon, Washington, Portland, Arizona, Dominican Republic, America, Tokyo, Minato

☆ 'The Brady Bunch' house sold to a megafan for $2.3 million under asking. She still called it the 'worst investment ever' — see inside.
▼ + stars: | 2023-09-12 | by ( Will Gendron | Jordan Pandy | ) www.businessinsider.com time to read: +4 min

"The Brady Bunch" fan, Tina Trahan, bought the house used as the Brady home exterior for $3.2 million. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The house featured in "The Brady Bunch" hit the market in early June for a cool $5.5 million — and it just sold on Monday for $3.2 million. AdvertisementAdvertisementThe buyer, Tina Trahan, told The Wall Street Journal that she was a fan of the show, although she doesn't plan to live in the house. "Nobody is going to live in it," she told The Wall Street Journal.

Persons: Tina Trahan, Brady, Trahan, Danny Brown, Marcy Roth, Eklund Gomes, Douglas Elliman, Fredrik Eklund, Roth, Brown, overpriced, Wayne Brady, " Brown Organizations: HGTV, Service, Street Journal, HBO, Wall Street Journal, Compass, Wall Street Locations: Wall, Silicon, American, Studio, Los Angeles, Hollywood

☆ I moved from Texas to Italy because I was concerned about US politics and the economy. Venice is so much more reasonable in every single way.
▼ + stars: | 2023-09-10 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Alan Bruton moved to Italy in 2022, after years of visiting a biannual design festival in Venice. I moved to New York after college and I became a professor of architecture and interior design at Parsons. I don't know when I'm going to do that. Academia didn't set me up for the retirement that I wantedBeing an academic, I realized that I wasn't going to be making any more money. AdvertisementAdvertisementFor me, the cost of living in Venice is less expensive than the USVenice is so much more reasonable in every single way.

Persons: Alan Bruton, I'm, George Floyd, Academia didn't, you'll, I'd, Bruton Organizations: Service, Parsons, University of Houston, Academia Locations: Italy, Venice, Houston, Wall, Silicon, Dallas, New York, European, Tribeca, States, America, Dublin, Cork, Galway, Ireland, Rotterdam , Netherlands, Vienna, Zurich, Italian

☆ I moved to Germany after a cancer diagnosis shattered my American dream
▼ + stars: | 2023-09-07 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Leigh William moved her family of six from Atlanta, Georgia, to Bamberg, Germany, in 2017. A disenchantment with the American dream and need for affordable healthcare drove her relocation. She and her husband, who is German, found they didn't need the big house they strived for in the US. When we moved there, I bought a house for $270,000 in a really beautiful, lush, green suburb. We made a really substantial profit off of that house, and turned around and bought another house in Atlanta for $570,000.

Persons: Leigh William, we've, I'm, Leigh William My, It's, would've Organizations: Service, BMW, Porsche Locations: Atlanta , Georgia, Bamberg, Germany, Wall, Silicon, Atlanta, Berlin, New York, Timmendorfer Strand, Baltic, Hamburg, Copenhagen, Europe, American

☆ Property owners are increasingly having their land sold out from under them. 4 experts break down the failures allowing this, and how the crime can be prevented in the future.
▼ + stars: | 2023-09-03 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Kenigsberg and the LLC building the house on the formerly vacant property said they're both victims of title fraud. Fraudulent sales like these are on the rise. "Any opportunity out there to buy a property at a good value or in a good area is going to get snapped up," Larson told Insider. "With a decrease in home sales, now they're looking for other ways to leverage real property into fraud," Rymarowicz told Insider. AdvertisementAdvertisement"We think we can uplevel RON (Remote Online Notarization) and do a higher level of online notarization," Kinsel told Insider.

Persons: Daniel Kenigsberg, they're, William Gordon, Kenigsberg, Gordon, —, Eric Gibbs, Gibbs, Nick Larson, there's, Larson, Deanne Rymarowicz, Rymarowicz, it's, David Zawadzki, Pat Kinsel, that's, Kinsel Organizations: FBI, Service, Federal Bureau, Investigation's Boston, Realty ONE, LexisNexis, National Association of Realtors, Nevada Real Estate Division Locations: Wall, Silicon, Fairfield , Connecticut, Kenigsberg, Tucson , Arizona, Arizona, Nevada, Chicago

☆ 'Where ambition goes to die': These tech workers flocked to Austin during the pandemic. Now they're desperate to get out.
▼ + stars: | 2023-08-31 | by ( Ben Bergman | Jordan Pandy | ) www.businessinsider.com time to read: +11 min

Many tech workers in California moved to Austin during the pandemic in search of a new lifestyle. Some tech workers say they regret moving there, given its middling tech scene and "fake" atmosphere. They cited several contributing factors, including extreme temperatures, traffic, overcrowding, and — perhaps most surprising — a middling tech scene that fails to live up to the hype. From Silicon Valley to the Silicon HillsNot long ago, Austin's tech scene was ascendant, with national headlines suggesting it could take on Silicon Valley. He acknowledged there's not much of a tech scene there but will take that over what he perceived as Austin's smoke and mirrors.

Persons: Austin, Mike Chang, Chang, Tesla, Danielle Fountain, Fountain, Elon Musk, Jim Breyer, Joe Lonsdale, Bill Gurley, Musk, Gurley, Emily Chang, John Andrew Entwistle, who's, John Andrew Entwistle Entwistle, Entwistle, oversold, Nicholas Falldine, there's, Nick Thomas, Austin doesn't, Thomas, he's, Sam Parr, I'm, Sheharyar, Redfin, Bokhari, It's, frolic Organizations: Oracle, Facebook, Google, Apple, Breyer Capital, Austin Chamber, Austin, Lone Star, US Postal Service Locations: California, Austin, Los Angeles, Bay, Silicon, Silicon Valley, Austin's, Palo Alto, Westchester County , New York, Fayetteville , Arkansas, Austin , Texas, San Francisco

☆ Forget snowbirds: 'Sweat birds' flee the heat of Texas and Arizona to spend summer in cooler northern climates
▼ + stars: | 2023-08-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

It allows them to partake in outdoor activities in the summer and provides a change of scenery. "I have never been happy with the heat," Woudenberg told Insider. "Sweat birds" — or "fire birds," which Woudenberg prefers — ditch the heat and opt for a cooler experience in the summer by relocating north. Northern California provides some relief from the Dallas heat for one sweat birdChuck Anderson is originally from Nebraska but has lived in Dallas since 1980. He naturally gravitates toward warmer climates, he said, but Dallas' summer weather has become a bit too much.

Persons: Cindy Woudenberg, Woudenberg, it's, Mike Pennekamp, Galia, Mike, Chuck Anderson, Kim Anderson, Chuck Anderson Anderson, Anderson, Kim, Dallas, Realty Anderson Organizations: Service, Midwest, Dallas, Anderson, Realty Locations: Wall, Silicon, Phoenix, Woudenberg, Baldwin , Michigan, Grand Rapids, Arizona, Arizona and Michigan, Michigan, In Michigan, Lake Michigan, Florida, Idaho, Miami, snowbirds , Florida, South Florida, Driggs , Idaho, Jackson , Wyoming, North Carolina, Teton, California, Nebraska, Dallas, Colorado , Idaho, Montana, Truckee , California, Nevada, Reno, Lake Tahoe, Truckee

☆ American homes are shrinking, but it isn't making houses any more affordable
▼ + stars: | 2023-08-28 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +4 min

Yet, the cost per square foot has markedly accelerated over the same period, data from John Burns Research and Consulting shows. We saw increased prices across the board, and that's showing up in that increased price per square foot." Not only are prices per square foot going up, data suggests that contractors are less likely to build homes with a lower price per square foot. AdvertisementAdvertisementFurther double-digit jumps in price per square foot are less likely to materialize in the current environment. But as floor plans get smaller, price per square foot could stay stubbornly high.

Persons: John Burns, That's, Chris Porter, demographer, Porter, Redfin Organizations: Census, John, John Burns Research, Consulting, Builders, Service, Homeowners, Wall Street Journal Locations: Wall, Silicon, Indiana, Zillow

☆ An Arizona man planned to build his retirement home on a plot of land he bought 20 years ago. The problem: It was sold for $200,000 without him knowing.
▼ + stars: | 2023-08-24 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +9 min

"I noticed the last four digits of the social security number were not mine and the address was wrong — the mail shouldn't have even gotten to me," Gordon told Insider. Gordon, 65, bought the undeveloped, 3 1/3-acre property in 1999 for $76,500, Pima County property records show. AdvertisementAdvertisementGordon spoke with Title Security Agency, the Arizona company that handled Gordon's title work when he purchased the property in 1999. He told Insider that in this instance, the seller was found out to be fraudulent soon after the deal closed. He told Insider he spoke with a broker that had four fraudulent incidents in one day.

Persons: William Gordon, Gordon, He's, —, Penny Davis, Gabriella Cázares, Kelly, it's, we've, Eric Gibbs, I'm, Gibbs, Jeff Murtaugh, he's, who's, Murtaugh, ORNTIC Organizations: Service, Security Agency, First American, Pima Recorder's, Title Security Agency, Realty ONE, Realty Executives, Old, Title Insurance, Insurance, News Locations: Tucson, Wall, Silicon, Tucson , Arizona, Pima County, Phoenix, Arizona, Pima, Texas, Bexar, —, Real, Realty Executives Arizona, Old Republic

☆ Once called a 'haunted house,' this Victorian mansion in Wisconsin was just snapped up for $1.5 million — see inside
▼ + stars: | 2023-08-20 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

The Jenkins Austin Day Mansion in Wauwatosa, Wisconsin, was originally built in 1874. The mansion holds the record for highest asking price in Wauwatosa, its listing agent told Insider. The 19th-century home, nicknamed the Jenkins Austin Day Mansion, is a landmark in Wauwatosa, a town just seven miles outside of Milwaukee, and is even on the National Register of Historic Places. The property was originally owned by Dr. Fisk Holbrook Day, the only doctor in town during the late 1800s, according to listing agent Donna Duesing. At one point, it was even regarded as the local "haunted house," according to a report from the Wauwatosa Landmark Commission.

Persons: Jenkins, Fisk Holbrook, Donna Duesing, Duesing, There's Organizations: Service, National Register of Historic Places, Dr, Wauwatosa, Commission Locations: Wauwatosa , Wisconsin, Wauwatosa, Wall, Silicon, Milwaukee, Menominee

☆ 4 Americans moved to New Zealand for safety, scenic hikes, and the small-town feel. "I just felt this calm, like, 'I'm home,'" one said.
▼ + stars: | 2023-08-16 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +9 min

He moved back to his home base of Irvine, California, in 2003 but always hoped to return to New Zealand. Four Americans who moved to New Zealand told Insider their reasons for departing the US. A Los Angeles resident visited for 20 years before making his move more permanentJon Kroll lived in Los Angeles for 35 years and visited New Zealand on and off for 20 years as a break from the congestion of Los Angeles. He downsized from his four-bedroom home in Los Angeles. Wellington, New Zealand, provides the small-town feel his family was looking forNative Wyomingite Ryan Rogers departed for New Zealand more than a decade ago for work.

Persons: Garvey Daniels, Daniels, Daniels —, —, they've, Garvey Daniels Daniels, he's, Jon Kroll, Kroll, WellingtonNZ Kroll, who's, I've, Heather Gadonniex, Gadonniex, Heather Gadonniex Matakana, she's, Wyomingite Ryan Rogers, Rogers, WellingtonNZ Rogers Organizations: Service, New Zealand, Stats NZ, New, NZ, Los, Auckland —, Zealand, CoreLogic NZ, Kiwis, San, San Francisco Bay Area Locations: New Zealand, LA, Wall, Silicon, Auckland , New Zealand, Irvine , California, California, New, Australia, Colorado, Los Angeles, Wellington, Auckland, Zealand, San Francisco Bay, Northern California, Matakana , New Zealand, Oakland, Bay, San Francisco, Wellington , New Zealand, London, Vancouver, Wyoming

☆ Two young tech workers share why they relocated to Arkansas from Texas and California
▼ + stars: | 2023-08-14 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

They stayed in Bentonville, Arkansas, for three days and stopped in Fayetteville — about 330 miles from Dallas — for coffee on the way back. Northwest Arkansas, which consists of Benton, Madison, and Washington counties, has become the country's 100th-largest metro area. Northwest Arkansas' plan to bring in new talentCompanies like Walmart, Tyson Foods, and JB Hunt are headquartered in Northwest Arkansas and have been attracting movers for years. The Northwest Arkansas Council tried luring remote tech talent with $10,000 and a mountain bike. Do you work in tech and recently move to Northwest Arkansas?

Persons: relocaters, Nicholas Falldine, Falldine, JB Hunt, John Mayer, Nelson Peacock, Peacock, Chris Thompson, Thompson, he's, Walton's, Keith Myers, jumpstart, —, Fayetteville's, Jordan Pandy Organizations: Service, University of Arkansas, NWA, —, Companies, Walmart, Tyson Foods, Better, Gardens, Northwest Arkansas Council, The Northwest, Kansas City Star, Austin, Census Bureau Locations: Northwest Arkansas, Wall, Silicon, Dallas, Bentonville , Arkansas, Fayetteville —, Benton , Madison, Washington, Austin, Arkansas, Fayetteville, Silicon Valley, Falldine . Northwest Arkansas, Bentonville, The, The Northwest Arkansas, Los Angeles, Philadelphia, homeownership, Tulsa , Oklahoma, Marina Del, Fayetteville Falldine

☆ Connecticut's sprawling Copper Beech Farm estate sells for a record-breaking $139 million — see inside
▼ + stars: | 2023-08-05 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

The estate once held the record for the country's most expensive home sale at $120 million in 2014. The property's seller is an LLC with ties to financier Ray Dalio, the Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The seller of Copper Beech Farm was The Conservation Institute LLC, a Connecticut company that has ties to hedge fund billionaire Ray Dalio, the Wall Street Journal reported. Sotheby's International Realty's Leslie McElwreath and Joseph Barbieri represented the seller and Stephanie Bo Li of Douglas Elliman represented the buyer.

Persons: Ray Dalio, Ken Griffin's, Leslie McElwreath, Joseph Barbieri, Stephanie Bo Li, Douglas Elliman Organizations: Wall Street Journal, Service, Conservation Institute Locations: Wall, Silicon, Greenwich , Connecticut, New York City, Connecticut

☆ A man returned home to find a new $1.5 million house on land he acquired decades ago. Now he's suing for $2 million.
▼ + stars: | 2023-08-03 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

He is suing the LLC that purchased the land, since he said he never sold it. Fairfield County property records show that the property had been sold in October 2022 for $350,000 to 51 Sky Top Partners LLC. That would include removing the four-bedroom, 4,000-square-foot house that's currently being built on the property by a local construction firm affiliated with 51 Sky Top Partners LLC, CTInsider said. The lawsuit details a claim that a Daniel Kenigsberg of Johannesburg, South Africa, signed "an obviously forged power-of-attorney to steal real property," CTInsider said. Monelli is one of the three owners of 51 Sky Top Partners LLC, along with Gina Leto and Greg Bugaj, CTInsider said.

Persons: Daniel Kenigsberg, Kenigsberg, CTInsider, —, Anthony Monelli, Gina Leto, Greg Bugaj Organizations: Service, Sky, Partners, Coldwell Banker Locations: Connecticut, Wall, Silicon, Fairfield , Connecticut, New Haven, Long, Fairfield County, Johannesburg, South Africa, Trumbull , Connecticut, Monelli

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