With a rise in vehicle ownership and a decline in available street parking, Manhattan investors are betting big on car condos as New Yorkers prepare to return to in-person work. Continue reading
William Friedman, the architect who designed the Surfside condo building that partially collapsed in late June, had been suspended by Florida’s board of architecture in 1967 for designing buildings that could not withstand 1965’s Hurricane Betsy. Continue reading
Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading
A new Redfin report found that the median price of a condo hit an all-time high of $304,000 in June. Continue reading
The idea that the city is for condos and the suburbs are for homes is not reflective of a market in which suburban condo sales — and prices — are soaring. Continue reading
Zonda, a provider of data intelligence, lead generation and engagement tools to the homebuilding industry, is rapidly scaling up its capabilities through a string of acquisitions. Continue reading
In the second quarter of 2018, the average gross return-on-investment (ROI) for flipped homes was 44.3 percent, marking a 3.5 percent decline from the first quarter, and a 5.7 percent decline from this time last year. It’s also a major drop-off from th… Continue reading