As the Hudson Valley and Catskills begin to experience more frequent and intense high water events, knowing a property’s flood history before buying a home is becoming more important than ever. This March, New York State stepped up to help give buyers Read More
Office vacancies in San Francisco hit another record in the second quarter, and rent prices fell to their lowest since 2015, according to Cushman & Wakefield. San Francisco is benefiting from the artificial intelligence boom, with OpenAI, Anthropic and Scale AI signing Read More
All-cash purchases shot up to 64 percent of home sales in the borough. Here’s who’s buying. Share of home sales made with cash 10% 20% 30% 40% 50% 60% 2018 2019 2020 2021 2022 2023 2024 Manhattan 64% U.S. metro avg. 39% Read More
In 1963, clinical psychologist and pioneering psychedelic drug proponent Timothy Leary rented a huge house on a vast estate in the historic Hudson Valley village of Millbrook, which dates to before the American Revolution and ranks as one of the wealthiest enclaves Read More
Cash was proclaimed king recently when rising interest rates pushed a record number of Manhattan co-op and condo buyers to make all-cash purchases. It’s beginning to look like cash should be downgraded to mere princely status. In a sign of buyers’ growing Read More
As Ross Gellar yelled, “pivot!” With mortgage interest rates hovering around 7%, prospective buyers are facing a challenging landscape with limited housing inventory and escalating home prices to boot. But one celebrity real estate expert and the new star of Netflix’s only New York Read More
Showing promising signs for an uptick, the Manhattan real estate market is entering its buyers era. The city is currently experiencing a nascent shift as its inventory grows and prices plummet; buyers are taking advantage. According to data from Douglas Elliman and Miller Samuel, the average Read More
Celebrity real estate agent Ryan Serhant, who previously starred on the Bravo show “Million Dollar Listing New York,” shared details about his new reality show “Owning Manhattan.” As Ross Gellar yelled, “pivot!” With average mortgage interest rates landing around as high as Read More
Celebrity real estate agent Ryan Serhant, who previously starred on the Bravo show “Million Dollar Listing New York,” shared details about his new reality show “Owning Manhattan.” As Ross Gellar yelled, “pivot!” With mortgage interest rates hovering around 7%, prospective buyers are Read More
Showing promising signs for an uptick, the Manhattan real estate market is entering its buyers era. The city is currently experiencing a nascent shift as its inventory grows and prices plummet; buyers are taking advantage. According to data from Douglas Elliman and Miller Samuel, the average Read More
Soaring interest rates have placed tremendous stress on real estate values spanning asset types. With many assets still underwater due to the impact of COVID, real estate’s day of reckoning is upon us. According to Trepp data, the wall of maturities is Read More
First Foundation, a Texas-based regional bank with more than half its loans in multifamily residential properties, is getting a $228 million capital infusion, led by Fortress Investment Group. The investment reflects a troubled market for real estate amid high interest rates. The Read More
Sydney is set to get its own version of the most famous park in the world — New York City’s Central Park. Sydney is set to get its own version of the most famous park in the world — New York City’s Read More