Author Archive
Staten Island Mansion Snags Record Deal
Another week, another peak sale hit the books in New York City — this time, in Staten Island.A sprawling mansion in Todt Hill, the borough’s premier luxury neighborhood, snagged a record-breaking deal when it closed for $8.5 million, the Ne...
5 Home Inspection Red Flags, According to a Redfin Agent
You’ve found your dream home, had your offer accepted, and are heading into the inspection — congrats! You’re halfway there. But even houses that look move-in ready can be hiding issues or will need repairs — and some problems ar...
Fed Rate Cut Expectations Grow as Employment Softens and Mortgage Rates Fall
A combination of factors this week will have all eyes on the Federal Reserve’s meeting on Sept. 16–17 and whether any drop in interest rates will happen. First, inflation data was mixed. Although producer prices fell after a hefty uptick in...
Midwest housing markets defy national days on market trends
Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market (DOM), with properties in key Midwestern cities selling up to 83% faster than the national average, according to the late...
Brad Pitt Finds Off-Market Buyer for Los Feliz Home
And the seller is … Brad Pitt, who closed on the sale of his Los Feliz Mid-century Modern pad on Friday, The Real Deal has learned.The Los Angeles home, dubbed The Steel House for its steel frame, was being shopped around by the Oscar winn...
California’s for-sale inventory growth: buyer caution rises faster than seller caution
Why this matters: Real estate professionals are observing a trend in the steadily increasing inventory of for-sale property, a new experience for those not part of the market in the Great Recession period of 2008. This cyclical inventory event...
Louis Vuitton Replacing Fifth Ave Store With Taller Version
Louis Vuitton is amping up its flagship store in Manhattan, with plans for a new property to stand five stories taller than the last version.LVMH, the French retailer, filed an application with the Department of City Planning for a 25-story bui...
7 Red Flags in an Offer on a House Every Seller Must Know
Key takeaways Not all offers are equal — know what to question before you accept. Weak deposits, excessive contingencies, or poor financing can derail your sale. A Redfin real estate agent can help you evaluate buyer strength and avo...
