NerdWallet’s Home Seller Report reveals what buyers and sellers should know in today’s market. NerdWallet recently released its Home Seller Report. Though the number of homes for sale across the country remain at record lows it appears more sellers will be coming to market over the next 18 months. According to the report “1 in 6 (17%)
Real Estate
On Manhattan’s Billionaires’ Row, just off Central Park, a luxury four-bedroom residence is up for sale. Featuring ten-foot ceilings, four-and-a-half bathrooms and an eat-in kitchen, the unit also includes 24-hour concierge service. The catch? Good luck finding it on the open market. The seller, whose identity was not disclosed, is soliciting offers from just a
It’s becoming known in national real estate parlance as “the Golden Triangle” — the invisible lines connecting New York City, L.A., and Austin, Texas. That’s where, demographic experts tell us, everyone is moving. So when Stuart and Rebecca Parsons decided to build a home ten years ago, they planted it in Lake Whitney, a bluffy
Most people don’t buy a home thinking they’ll only live in it for a year or two, but it happens—more often than you might think. Families expand, financial situations change, jobs require relocation, and sometimes you simply get an offer that you can’t refuse. Packing up and moving yet again in a short time span
Mother’s Day is almost here and those of us who haven’t seen our mothers in a long time probably want to buy them special. So why not express your love and appreciation for everything she does with the gift of décor? Whether it’s something she’ll use or see every day or reserve for special occasions,
Billionaire Lynsi Snyder, who took over the reins of In-N-Out Burger in 2010, is selling her sprawling compound in guard-gated Bradbury Estates in the Los Angeles area for $16.8 million. It’s the most expensive listing currently on the market in the San Gabriel Valley. In 2017, Snyder had the Mediterranean-style retreat on the market for
Accessory dwelling units are a fast-growing trend in the real estate industry, especially in high-priced markets like California’s major metros. One increasing use for these tiny spaces is seniors turning their long-time residences over to their adult children’s families and moving into small bonus homes added to their properties. “The number of permits taken out
These days every company is being valued on the data that it captures from customers, even making some organizations’ data worth more than the company itself. With that being said, most organizations are scrambling to create ways to capture that data and have it available to access anytime, which requires some hardware. That hardware can
Let’s say you have $40 million to spend on a new home. A French Normandy-style estate on 27 acres beside a pristine lake in Greenwich, Connecticut would certainly fill the bill. Situated atop a hill to take advantage of the south-facing meadow and lake views, the house named Topping Hill is set back 600 feet
Shane Dulgeroff had big plans for his four-bedroom, two-bathroom house just outside of Los Angeles. Seeking to cash in on latest crypto craze—NFTs, an acronym for nonfungible tokens—he listed the home for auction earlier month by attaching it to a piece of Kii Arens digital artwork and putting the bottom price for the pair at
The coronavirus pandemic has drawn widespread attention to existing inequalities in American society, including the racial wealth gap in real estate. As a result, a push to reimagine the appraisal process through a lens of equity and justice is taking on fresh urgency within the appraisal community. An appraisal plays a crucial role in buying,
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. Last April, real estate markets across the United States virtually ground to a halt as most viewings and closings were put on hold. A year later, we’re looking forward to what could be one of the most active seasons
Proposed legislation would require that co-op and condo boards require a reason for rejecting apartment buyers, and real estate experts say that while well intentioned, it would not do much to prevent rejections that aren’t already considered discrimination under the law. Currently, building boards do not have to say why they’re turning down a prospective
A newly built home straddling a cliff along the Santa Barbara coastline has hit the market for $8.855 million. The two-story home, which combines Traditional and Craftsman design elements, is the pinnacle of a five-plus-year undertaking that wrapped up this year, according to luxury real estate specialist David Magid of Village Properties. Sitting on about
Ask anyone from Victoria, Australia, what the wealthiest part of Melbourne is and you will resoundingly hear one name: Toorak. That’s because Toorak’s position as Melbourne’s most elite neighborhood is irrefutable and has been from around the very beginnings of the state of Victoria, which separated from New South Wales in 1851 and 50 years
Fifty-million-dollar sales grab headlines. But a better reflection of how New York City’s real estate market has fared recently are what might be called “regular” luxury sales. Record-busting transactions in Brooklyn’s Park Slope and Manhattan’s Morningside Heights prove the pandemic has not stripped the life from the sector. Far from it. Observers who believe Covid
CoreLogic Deputy Chief Economist Selma Hepp, Selma Hepp The real estate markets in Northern and Southern California have never been hotter. Multiple offers and bidding wars define them. Compass West President Kamini Lane and Selma Hepp Executive, Research & Insights, and Deputy Chief Economist at CoreLogic (the Irvine-based data analytics company) lend their insights and
With one too many homes and one of Hollywood’s busiest schedules, high-profile celebrity power couple John Legend and Chrissy Teigen have cut the price of their Beverly Hills mansion that was listed last summer for $23.95 million. The home is now on the market for $17.95 million. The couple spent considerable time and money creating a
New York City rents continue to fall, according to a first-quarter report released today by StreetEasy. Manhattan rents fell to $2,700 a month, the cheapest since 2010 for the Zillow-owned listing site. By comparison, the median asking rent in Manhattan was more than $3,400 in the first quarter of 2020, before the start of the
It’s common knowledge in real estate circles that Jay Leno and his wife of 40 years, Mavis, bought a Newport, R.I., mansion for $13.5 million in 2017. But the story of how the former “Tonight Show” host found Seafair, a 15,861-square-foot Louis XIV inspired chateau, is less known. Seafair was designed and built by British