Justin Timberlake sells his 127-acre Nashville ranch amid DWI scandal and sluggish tour sales – New York Post
Justin Timberlake sells his 127-acre Nashville ranch amid DWI scandal and sluggish tour sales Breaking News
Read MoreCategory: New York
Brooklyn Dominates NYC’s Industrial Property Market – The Real Deal
Kings County reigns over the city’s industrial property market, booking nearly 84 percent of overall sales volume over the past two years, an analysis by TRD Data found. Five of the city’s top 10 industrial property sales for the period were in Brooklyn, including two mammoth deals which together accounted for 68 percent of the citywide volume. The Real Deal scoured the city’s property records for all exclusively industrial transactions worth $100,000 or more over the two years up to June 7, 2024, finding 61 such sales totaling over $850…
Read More‘Sopranos’ house in Newark hits the market for $579k – New York Post
Ever dream of living in Tony Soprano’s world? Now’s your chance. A TV-famous house in Newark — where the fictional mob boss on HBO’s “The Sopranos” dug up the yard in a vain attempt to retrieve $40,000 — is up for grabs. And it’s all yours for just $579,900. This Essex County property was a star in its own right, featuring as the home of Corrado John “Junior” Soprano Jr. — better known as Uncle Junior — in multiple episodes of the hit series. The home occupies about 3,000 square feet. JUDY JUSTIN…
Read MorePrincess Diana’s family townhouse hits the market — for first time in 22 years – New York Post
A London residence once home to Princess Diana’s father and stepmother has made a rare appearance on the market. The five-bedroom property, located in the posh Mayfair area, hasn’t been available for purchase in over two decades and is now seeking $13.89 million. Built in the early 1980s, the four-story townhouse at 24 Farm Street was first linked to the late Lady Di back in 1990, when her father, Earl Spencer, bought it as a gift for her stepmother, Countess Raine Spencer (or, as Diana famously referred to her, “Acid…
Read MoreFearing Losses, Banks Are Quietly Dumping Real Estate Loans – The New York Times
Some Wall Street banks, worried that landlords of vacant and struggling office buildings won’t be able to pay off their mortgages, have begun offloading their portfolios of commercial real estate loans hoping to cut their losses. It’s an early but telling sign of the broader distress brewing in the commercial real estate market, which is hurting from the twin punches of high interest rates, which make it harder to refinance loans, and low occupancy rates for office buildings — an outcome of the pandemic. Late last year, an affiliate of…
Read MoreUS luxury real estate companies set sights on Marbella in face of tourism boom – Surinenglish.com
María Albarral Marbella Monday, 24 June 2024, 15:53 Opciones para compartir Copiar enlace WhatsApp Facebook X (antes Twitter) LinkedIn Telegram Threads Luxury real estate agencies from the US are setting up in Marbella following the town’s recent tourism boom, particularly among Americans and North Americans. One of the most prestigious, The Agency, has landed in Marbella after corroborating in a previous study which looked at the increase in American investors looking for houses and villas as second homes or as an investment for the future in southern Spain. Specifically, Americans…
Read MoreCelebrity real estate agent shares ‘rich and famous’ clientele’s wild requests, including kangaroos, pythons – Fox Business
Serhant founder, broker and ‘Million Dollar Listing’ star Ryan Serhant on the state of housing, which local markets are booming and the importance of branding for ‘better business.’ Real estate mogul and reality star Ryan Serhant has no shortage of experience when it comes to meeting the expectations of his rich and famous clients. Serhant, who rose to fame starring in the Bravo show “Million Dollar Listing New York,” has closed billions in luxury real estate sales over his career. The 39-year-old is headlining the new Netflix reality show “Owning…
Read MoreNYC Housing Market 2024: Trends and Forecast – Norada Real Estate Investments
New York City boasts one of the most recognizable housing markets in the world. Fueled by a vibrant economy and iconic status, it consistently attracts a wave of residents seeking a piece of the Big Apple dream. However, before diving into this dynamic market, understanding current trends and price points is crucial. Renowned for its high cost of living, New York City requires a substantial investment in housing. This article unpacks everything you need to know, including median home values, market tendencies, and valuable insights for navigating this competitive housing…
Read MoreCommercial Real Estate Property Values Take a Tumble – FacilitiesNet
Market showing little sign of recovery as foreclosures and reduced sales prices dominate the scene. June 24, 2024 By Dave Lubach, Executive Editor The commercial real estate market in New York City has not been great since the COVID-19 pandemic and is not done struggling yet, a recent New York Times article indicated. “If we think it’s bad now, it’s going to get a lot worse,” were the ominous words from an attorney who works in the commercial mortgage industry. Property values have dropped significantly in the last four…
Read MoreThe 30 New York Real Estate Agents on Hollywood’s Hot List – Hollywood Reporter
One word is on the lips of every broker in NYC, and they’ve all got an opinion. “The elections always bring uncertainty into the equation,” says Douglas Elliman star Fredrik Eklund. Agrees fellow Elliman broker Steven Cohen, “The real estate market is averse to volatility and historically slows down as we approach the elections. “I think activity will remain low until at least later this year, after the election,” concurs Nobel Black, also of Elliman. But says Compass’ Matt Breitenbach, “The Hamptons real estate market will be fine despite macroeconomic…
Read MoreThe Top 30 New York Real Estate Agents – Hollywood Reporter
One word is on the lips of every broker in NYC, and they’ve all got an opinion. “The elections always bring uncertainty into the equation,” says Douglas Elliman star Fredrik Eklund. Agrees fellow Elliman broker Steven Cohen, “The real estate market is averse to volatility and historically slows down as we approach the elections. “I think activity will remain low until at least later this year, after the election,” concurs Nobel Black, also of Elliman. But says Compass’ Matt Breitenbach, “The Hamptons real estate market will be fine despite macroeconomic…
Read MoreThis New York location made the most overvalued housing market list – Boston Herald
When it comes to the national housing market, it all goes back to the rule of supply and demand. When there is a huge demand and low supply, prices are going to rise. And throw in the high mortgage rates as of late, and you’ll find some areas of the country where homes are being “overvalued.” In fact, Buffalo, N.Y. ranked in the top five locations where the Real House Price Index (RHPI) said the greatest year-over-year home price hikes have been experienced. “Whether affordability drifts over or under in…
Read MoreSan Francisco home in trendy nabe hits market for $488K — but buyers can’t move in until 2053 – New York Post
San Francisco home hits market for $488K but buyers have to wait 30 years to move in Breaking News
Read MoreCBRE highlights trends in Syracuse real-estate market – Central New York Business Journal – The Central New York Business Journal
SYRACUSE — The normalization of hybrid work and a “flight to quality” by commercial-office tenants are two major issues currently affecting the office leasing environment, according to findings presented at CBRE Upstate NY’s Syracuse Market Outlook Midyear Review. The commercial real-estate firm held a review session to go over the findings on June 6 at […] .restricted-content { mask-image: linear-gradient(to bottom, black -7%, transparent 100%); -webkit-mask-image: linear-gradient(to bottom, black -7%, transparent 100%); overflow-y: hidden; } .paywall-container { background-color: var(–e-global-color-accent); padding: 5px; -webkit-box-shadow: 0px 0px 24px 0px rgb(0,0, 0, 0.5); -moz-box-shadow:…
Read MoreThe Bailey Mansion in Harlem Is Transformed by a Couple’s Renovation – The New York Times
The James A. Bailey residence at St. Nicholas Place and 150th Street in Harlem, built in 1888 for the less flamboyant partner of the Barnum & Bailey team, is a three-ring circus of architectural elements: a Romanesque Revival tower, curvilinear Flemish gables, a high chimney adorned with Tudor roses, even a heraldic carving of a medieval knight’s helmet over the front door. One of the Bailey mansion’s two tourelles.Tony Cenicola/The New York Times The owners replaced modern aluminum windows in the Romanesque Revival-style tower with wooden sash windows faithful to…
Read MoreThe dream of homeownership is fading — here’s how to navigate the market – New York Post
High home prices and stubborn mortgage rates make the current housing market seemingly difficult to navigate—particularly for underserved populations. Several grim numbers tell the story: The gap between Black and white homeownership is worse today than in 1968, when the Fair Housing Act was passed. Lower-income families are 22% more likely to be denied a home loan, according to the Homeownership Council of America. And only 3 in 10 veterans know they can qualify for a loan without a down payment. “With high home prices and mortgage rates, the housing market is…
Read MoreThe Weird Housing Market, in 5 Charts – The New York Times
The Housing Market Is Weird and Ugly. These 5 Charts Explain Why. Home prices have held up better than expected amid high interest rates. But that doesn’t mean the housing market is healthy. When the Federal Reserve began raising interest rates in 2022, most economists thought the housing market would be the first to suffer the consequences: Higher borrowing costs would make it more expensive to buy and to build, leading to reduced demand, less construction and lower prices. They were right — at first. Construction slowed, but then picked…
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