NYC’s tax revenue soars, while job market faces its own challenges

Real estate-related taxes soared to an all-time high of $37 billion last year. That figure is expected to climb even higher to $40 billion in 2025, according to a REBNY report. Continue reading

Zeckendorfs accused of ‘brazen fraud’ in $80M penthouse sale

According to the complaint, developers and brothers Arthur and William Lie Zeckendorf of Zeckendorf Development, LLC allegedly rushed to close the deal before news broke about a planned 37-story skyscraper next door that would erase the penthouse’s pre… Continue reading

KB Home to build first wildfire-resistant community in SoCal

KB Home, one of the largest U.S. homebuilders, is breaking new ground with Southern California’s first wildfire-resilient new-home community, the company announced Thursday. The community is a game changer for homebuyers seeking safety in fire-prone ar… Continue reading

Compass Florida opens new office in Naples, welcomes Karen Stabile

Compass Florida is expanding its reach even further into Southwest Florida’s luxury real estate market with the opening of a brand new office in the heart of downtown Naples, the brokerage announced Wednesday. The Stabile Group, led by real estate expe… Continue reading

Most Gen Z sellers have regrets over pandemic home purchases

Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading

Most Gen Z sellers have regrets over pandemic home purchases

Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading

Pending home sales tick up as buyers make cautious comeback

The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading

Pending home sales tick up as buyers make cautious comeback

The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading

US home prices rose modestly in January, led by NYC and Chicago

The FHFA Housing Price Index posted a 4.8 percent annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1 percent, according to new data released Tuesday. Continue reading

NYC agent, YouTuber charged with attempted murder of police officer

Erik Van Conover, a former Nest Seekers real estate agent in New York and YouTube star, has been arrested and charged with attempted murder after allegedly striking a Bartlett, New Hampshire, patrol officer with his Jeep during a traffic stop, “Daily M… Continue reading