Real estate News
Developers Respond to Looming Mamdani Administration
Every day brings New York City closer to an election that could prove to have major ramifications for real estate, which is responding with a groundswell of its own.At the start of the week, Jeff Blau and Aby Rosen organized a meeting of promin...
Can You Close on a House Remotely?
Key takeaways:– Yes, you can close on a house remotely in many states, through a hybrid process or a fully digital eClosing with Remote Online Notarization (RON).– Remote closings can save time and offer flexibility, especially for o...
New Jersey Is Poised To Become a New Celebrity Hot Spot Thanks to Netflix’s Presence
Hollywood, New York City, Miami, Aspen. When you think of hot spots where you might have an unexpected celebrity sighting, those cities usually top the list. But fairly soon, there may be another contender: Monmouth County, NJ. Thanks to Netf...
811 Wilshire Faces Foreclosure
Weeks ago The Real Deal broke the story that a deal to sell the Brookfield-owned EY Plaza to Adam Rubin and Andrew Shanfeld fell through, putting the non-preforming loan tied to the 920,000-square-foot tower back on the market.Then came our sco...
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...
