The housing market seems to be stuck in second gear. Mortgage rates eased out to 6.35% this week, though the lowest it has been in nearly a year, but affordability remains mostly tight. Moreover, July existing-home sales ran at 4.01 million SAAR,…
Browsing: Real Estate
About 20 miles north of Midtown Manhattan, the city of New Rochelle, NY—home to roughly 85,000 residents—has quietly rewritten the housing playbook, making it a rare example of a suburb where added supply has actually stabilized and even reduced rents. While…
In one of the largest residential real estate transactions in Los Angeles history, former Google CEO Eric Schmidt has purchased the iconic Spelling Manor—a 56,000-square-foot mega-mansion once home to late TV magnate Aaron Spelling—for $110 million, as first reported by…
Real estate mogul and billionaire Charles Cohen is now embroiled in a high-stakes legal battle that could strip him of a lavish portfolio of luxury assets, including his prized superyacht, multimillion-dollar car collection, and an expansive vineyard estate in France.…
In the ever-intensifying race among U.S. states to attract wealthy homebuyers, Wyoming has quietly emerged as a powerful player—and its strategic edge is paying off. Thanks to a combination of ultra-friendly tax policies, flexible estate planning laws, and jaw-dropping real…
The Sunshine State is once again capturing the attention—and investment—of New York’s wealthiest. In the wake of Zohran Mamdani’s surprise victory in New York City’s mayoral primary, real estate firms in Florida are reporting a 50% surge in inquiries from high-net-worth individuals and investors…
A penthouse of the “supertall” Manhattan building dubbed the world’s skinniest skyscraper has hit the market at $110 million. The four-story home, or “quadplex,” spans floors 80 to 83 of the 1,428-foot-tall building 111 W 57th Street and overlooks Central…
