In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday. Continue reading
Kenneth DeGiorgio now faces a criminal assault charge following an incident aboard the Virgin Voyages Resilient Lady cruise ship, according to an FBI criminal complaint. Continue reading
According to a new Redfin report, an overwhelming 68.4 percent of condos sold below their asking price — the highest share in five years. That’s a jump from 63.3 percent last year, signaling a cooling condo market. Continue reading
In a surprising shift, baby boomers have now surpassed millennials as the largest group of homebuyers, according to a new report released by the National Association of Realtors (NAR). Continue reading
A recent Redfin report found that 20.5 percent of homes sold above asking price in February, while 64.2 percent sold below and 15.4 percent sold at their asking price nationwide. Continue reading
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
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, 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 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
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