Zillow said labor and supply issues in the market have created an “operational backlog for renovations and closings.” The pause will enable the company to catch up on its existing contracts. Continue reading
Traditional mountain resort towns like Aspen and Vail were extremely popular in 2021 with ultra-rich buyers looking for places to wait out the pandemic. Continue reading
The Tarpon Island price hike is in line with the 30 percent increase that Palm Beach property values have experienced between 2020 and 2021. Continue reading
The penthouse of the storied Puck building in Manhattan’s Nolita neighborhood comes with 5,100 square feet of outdoor space Continue reading
Joe Tsai, who cofounded the Chinese shopping behemoth Alibaba alongside Jack Ma, made the United States’ most expensive real estate sale so far. Continue reading
Once listed for as much as $140 million, the estate known as Briar Patch that had belonged to education entrepreneur Chris Whittle, was auctioned off for $700,000 plus $6 million in debt accrued by Whittle. Continue reading
A New Mexico ranch that late financier Jeffrey Epstein was suspected of using to traffic underage girls has hit the market for $27.5 million. Continue reading
The buyer, LoanDepot founder Anthony Hsieh, is leasing the property back to the developer for the next 30 months. Continue reading
A mystery buyer bought two condos at 220 Central Park South, one for $82.5 million and another for $75 million, in one of the biggest sales in the city’s history. Continue reading
The battle between supply and demand has hit the lumber industry hard, as mills struggle to keep up with demand and homebuilders push the costs to buyers. Continue reading