It's now a buyer's market in Manhattan, new report suggests
Rising inventory and shifting seller expectations have given homebuyers the upper hand in Manhattan, according to Douglas Elliman's latest quarterly report
by Marian McPherson Jul 3
LA nets biggest deal yet this year at $62.8M for spec mansion
The European-style home is located in the Hollywood Hills' coveted Bird Streets. The sale marks a breakthrough for a market that's been crippled by high interest rates and a mansion tax
by Lillian Dickerson Apr 15
Max Azria's former estate heads to auction 9 years after first listing
A no-reserve auction with Concierge Auctions is scheduled for May 9-May 23. The estate is also being listed by Branden and Rayni Williams of The Beverly Hills Estates for $55M
by Lillian Dickerson Apr 12
Bess Freedman says Trump is too late to sell Mar-a-Lago for bond
Mar-a-Lago may be worth hundreds of millions, the Brown Harris Stevens CEO said, but there's certainly not 'enough time' to offload it by Monday when Trump's $454M bond is due
by Lillian Dickerson Mar 20
Beverly Hills spec mansion nets $30.1M in discounted sale
The property, sold by developer Adnan Sen, first hit the market for $39.9M in 2020. It includes a 9-bedroom main house, 1-bedroom guesthouse, a pool and a 10-car gallery garage
by Lillian Dickerson Feb 28
Riding a Golden Globes high, Emma Stone lists LA house for $3.995M
The actor, who recently won a Golden Globe for her performance in Yorgos Lanthimos' 'Poor Things,' is selling a gated, Spanish-style home in LA's Comstock Hills neighborhood
by Lillian Dickerson Jan 16
Can an LA condo set a $50M record? Agents say, why not?
LA's luxury condo market has never seen a sales price above $35M. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time
by Lillian Dickerson Dec 15
Pocket listings are thriving 4 years after NAR sought to end practice
Pocket listings are positively overflowing nearly 4 years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows
by Ben Verde Sep 6
35 Hudson Yards still sits half empty 10 years later: Report
About 4 years after sales launched, Related is offering price cuts and to cover buyers' closing costs and taxes among other incentives, to try and move more units, according to a report
by Lillian Dickerson Jul 17
$170M off-market mega-mansion deal sets new Palm Beach record
The transaction was conducted by a luxury car dealer and the founder of Green Mountain Coffee. It marks a new record for the luxury enclave, and is one of the priciest deals of 2023 so far
by Lillian Dickerson Apr 27
NYC rent soars to all-time high — and it's not done yet, analysts warn
The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel's March 2023 New York City rental report
by Lillian Dickerson Apr 14
Cash deals hit all-time high in Manhattan as sales plummet 38%
The average sale price for a home in Manhattan fell 5% to $1.95M while the median sale price fell 10% to $1.075M, according to a quarterly market report by Douglas Elliman and Miller Samuel
by Ben Verde Apr 4
Undeveloped Miami-area penthouse asks record price of $90M
A penthouse within a not-yet-developed luxury condo building on Fisher Island is asking $90M, and at that price, the sale would blow previous records for condos in the area out of the water
by Lillian Dickerson Nov 28
Alibaba president offloads 2 Hamptons estates at $66.25M
The estates, located on coveted Meadow Lane, span more than 8 acres and encompass multiple buildings, a pool, a tennis court, 2 putting greens and 350-degree water views
by Lillian Dickerson Nov 21
British fashion entrepreneurs sell Beverly Hills home for $35.25M
The 6,230-square-foot property sold by British fashion entrepreneurs Tom and Ruth Chapman was put on the market for $42M in June. It's located in the celebrity hotbed of Trousdale Estates
by Lillian Dickerson Oct 31