Tag Archives: condos

Undeveloped Miami-area penthouse asks record price of $90M

By | | Uncategorized
Comments Off on Undeveloped Miami-area penthouse asks record price of $90M

A penthouse within a not-yet-developed luxury condo building on Fisher Island is asking $90 million, and at that price, the sale would blow previous records for condos in the area out of the water. Continue reading →

Existing-home sales drop for second month as buyer demand stalls

By | | Uncategorized
Comments Off on Existing-home sales drop for second month as buyer demand stalls

Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according to the National Association of Realtors. Continue reading →

‘New York market remains a juggernaut’ in Q1, condo sales thrive

By | | Uncategorized
Comments Off on ‘New York market remains a juggernaut’ in Q1, condo sales thrive

Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory. Continue reading →

The condo recovery is underway — but houses remain hotter

By | | Uncategorized
Comments Off on The condo recovery is underway — but houses remain hotter

Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities’ urban centers. This follows an early-pandemic softening in the market segment. Continue reading →

Manhattan housing market posts biggest 3rd quarter in 3 decades

By | | Uncategorized
Comments Off on Manhattan housing market posts biggest 3rd quarter in 3 decades

Luxury apartment sales surged approximately 226 percent year over year and almost 33 percent from the previous quarter, according to Douglas Elliman. Continue reading →

Investors say car condos are ‘better than owning an apartment’

By | | Uncategorized
Comments Off on Investors say car condos are ‘better than owning an apartment’

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 →

Surfside condo architect had been suspended for faulty designs in past

By | | Uncategorized
Comments Off on Surfside condo architect had been suspended for faulty designs in past

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 →

Investor home purchases exceed pre-pandemic levels, hit record high

By | | Uncategorized
Comments Off on Investor home purchases exceed pre-pandemic levels, hit record high

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 →