Real Estate
Local officials are intensifying their search for solutions to a deepening housing crisis, calling attention to a growing community concern. As the situation unfolds, policy makers emphasize the importance of finding new strategies for those in need of stable and affordable housing.
Affordable Housing
America currently finds itself facing a 4.7-million-home deficit, according to a recent Zillow report. This shortfall, which has grown over two decades of slowing construction, underscores the urgent need for attention to one of the nation’s most pressing housing challenges.
Affordable Housing
Bill Belichick, the legendary New England Patriots head coach, has listed his coastal Nantucket home for $3.9 million. This sale coincides with a significant shift in his career, as he prepares to start his new role as head coach at the University of North Carolina in just one week.
Luxury Homes
Lucy Guo, the world’s youngest self-made woman billionaire, has turned heads by purchasing a $30 million mansion in Los Angeles. The tech mogul’s major real estate move underscores her continued rise in influence and wealth.
Luxury Homes
Miami’s real estate scene appears to be gaining momentum due to political changes in New York. As newly minted primary winner Zohran Mamdani pledges higher taxes on wealthy residents, experts point to a sudden increase in fast-moving property sales in Florida’s most vibrant market.
Luxury Homes
Florida’s Supreme Court has been asked to decide whether an aging condominium in Miami’s Edgewater neighborhood can be razed to make way for luxury towers. Developer Two Roads Development, which owns all but eight units, is challenging an appellate ruling that sided with the remaining holdouts.
Luxury Homes
For the first time in half a century, the Morris B. Sanders House—the first modernist home in New York City—is up for sale. Anthony Mason returns to this architectural gem he once called home.
Luxury Homes
With mortgage rates hovering near 7%, Moody’s chief economist Mark Zandi warns of a looming slump in the U.S. housing market unless rates decline soon. The housing sector, once a stabilizer, is now becoming a “full-blown headwind” for the economy.
Affordable Housing
A ‘no-fault’ eviction bill has passed both the House and Senate and is now heading to the governor’s desk. The legislation has sparked debate among lawmakers, with supporters claiming it protects property owners while opponents argue it harms tenants.
Affordable Housing
In a promising development for homebuyers, average mortgage rates have dipped to their lowest levels since early April. This decline offers a glimmer of hope for buyers struggling amidst rising home prices.
Affordable Housing
Rock legend Jon Bon Jovi has reportedly declined to sell his $43 million Palm Beach mansion, turning down a mystery buyer who is purchasing properties near former President Trump’s Mar-a-Lago estate. His decision stands out amid a wave of high-profile real estate transactions in the exclusive neighborhood.
Luxury Homes
In a decisive move, Seattle has passed a new law banning the use of rent-setting algorithms by landlords. This legislation comes after Portland chose not to implement a similar ban, highlighting a regional difference in addressing technology in the housing market.
Affordable Housing
Lincoln’s People’s City Mission is adding a 69,000-square-foot expansion that includes a new low-barrier homeless shelter. This development aims to provide essential space for individuals who cannot or will not use existing facilities, marking a significant step forward in supporting the city’s homeless population.
Affordable Housing
Oxford celebrates the groundbreaking of “The Breakaway,” a luxury condominium set to redefine North Lamar with upscale living and prime commercial spaces. Anchored by local retailer Core Cycle & Outdoor, the three-story development brings new opportunities for residential and business growth just north of The Square.
Luxury Homes
Existing-home sales in the U.S. saw a modest increase of 0.8% in May, even as high mortgage rates continued to challenge buyers.
Affordable Housing
Recent announcements, including a £39 billion allocation by the Chancellor for social and affordable housing, are set to significantly impact North Devon’s housing market.
Affordable Housing
With the snip of a ribbon, Bradenton takes a bold step toward addressing homelessness on the Suncoast, unveiling a new community dedicated to making a difference.
Affordable Housing
A new bill proposes to prohibit local ordinances that limit how many people can share a bedroom, focusing on overturning restrictions commonly found in college towns.
Affordable Housing
A new housing report reveals that median home prices in New Hampshire have reached an all-time high, presenting challenges for prospective buyers. The rising costs may be discouraging for those looking to purchase a home in the state.
Affordable Housing
A house that sold for $869,000 tops the list of the most expensive residential real estate sales in Hackensack in the past week. This significant transaction highlights ongoing trends in the city’s vibrant housing market.
Luxury Homes
A Union City condo has sold for $938,000, leading the list of the city’s most expensive residential real estate sales between May 26 and June 1. Explore the top transactions that highlight the area’s thriving property market.
Luxury Homes