Residential Real Estate

  • Florida

    Turns out millennials’ dream homes aren’t that different from baby boomers’

    (Credit: Nod GIFs) Millennial homeowners want big houses with easy-access showers and loads of technology, making them not that different from baby boomers. Walk-in showers are popular with both age groups, as they make bathrooms look appealing and accessible, and both groups are also interested in smart home technology, according to MarketWatch. Size is the…

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  • Florida

    How wealthy buyers are scoping out second homes in a slow market

    At the Montage Kapalua development in Maui, prospective buyers can arrange four-night stays — complete with private dinners and spa treatments — before deciding to take the plunge on a million-dollar (or more) house. Amid the market slowdown, these trial runs are becoming more common among those shopping for a second home — or a…

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  • Florida

    Enrique Iglesias and Anna Kournikova put Bay Point home on market for nearly $5M

    Enrique Iglesias and former tennis star Anna Kournikova are listing a Bay Point home in Miami for $4.85 million. The 6,800-square-foot home at 4715 Bay Point Road was built in 2017 for Kournikova’s grandparents to use, but they decided the home was too big and decided to sell it, according to the Wall Street Journal.…

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  • Florida

    Home rented by Frank Sinatra, Marilyn Monroe, seeks $13M

    UPDATED Dec. 14, at 8:34 a.m.: Frank Sinatra must have sung about “Love and Marriage” in this Chatsworth pad. A property once rented by the Sultan of Swoon — and where Marilyn Monroe was rumored to have carried on her affair with John F. Kennedy — is being shopped around for $12.5 million, according to a…

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  • Florida

    Carroll Gardens condo goes into contract for $4.5M, could set neighborhood record

    A penthouse in Carroll Gardens may soon set a record for priciest condo sale in the neighborhood. The top-floor unit at Avery Hall Investments and Aria Development Group’s 145 Carroll Gardens has gone into contract for $4.5 million, according to a source. The current record for the priciest condo sale in the neighborhood is held…

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  • Florida

    The latest closing at 220 Central Park South is this $28.4M unit

    The latest unit to close at Vornado Realty Trust’s 220 Central Park South sold for $28.4 million. Unit 28A was purchased by an anonymous buyer, listed as “VVMB NY LLC,” according to records filed with New York City’s Department of Finance. The LLC’s addressed is associated with the DLA Piper law firm in Miami. According…

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  • Florida

    How much can you afford to pay for a new home?

    New research sheds fresh light on one of the most frequently asked home-buying questions, especially for first-timers: With our annual income, what price house can we afford? Is there some handy rule-of-thumb? Decades ago, a commonly quoted price-to-income guideline was that you can afford a house that costs roughly two times your gross annual household…

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  • Florida

    Welcome to the New York housing slump

    The long-awaited slump in New York’s housing market has arrived. Home prices are heading down in the city itself and in its suburbs, according to Bloomberg. Buyers are pulling back thanks to years of price increases, the new federal cap on state and local property tax deductions and an increase in mortgage rates. Home sales…

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  • Florida

    East New York is going to get 2,100 more units of affordable housing

    New York’s Christian Cultural Center is partnering with Gotham Industries on a massive new affordable housing complex in East New York. The buildings will include 2,100 apartments for low- and middle-income families and include senior housing as well, according to New York YIMBY. They will be constructed on a vacant parking lot at the church’s…

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  • Florida

    Trump taps Mark Calabria as new head of Federal Housing Finance Agency

    President Trump has tapped Mark Calabria to head the Federal Housing Finance Agency. Calabria, who currently serves as chief economist for Vice President Mike Pence, previously served as a senior aide on the Senate Banking Committee and as deputy assistant secretary for regulatory affairs at the U.S. Department of Housing and Urban Development during President…

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