Here’s some good news for renters: Rents are still trending in the right direction—and have fallen for the 15th month in a row. The average asking rent in the 50 largest metros registered at $1,720, down $23 from last month and $40 from its peak in August 2022, notes Realtor.com economist Jiayi Xu in the … Read more
Here’s your chance to own a page of New York literary history. In the Bronx, a 10,000-square-foot mansion formerly owned by the late poet Stanley Moss is back on the market at a new — and discounted — price, The Post has learned. The writer, who died in July at the age of 99, tried … Read more
It may seem surreal to own a piece of property that, separately, Tesla titan Elon Musk and the late actor Gene Wilder once called their own. Now, it will be passed on to a new generation – for less. That’s because this Los Angeles mansion is approaching a foreclosed sale. Mansion Global reports that this … Read more
Home affordability is top of mind for most Americans—but, even with mortgage rates trending higher, there are still cities where it’s possible to own a home without stretching your income too far. In evaluating the nation’s largest metros, Realtor.com found that there were five cities where fewer than 30% of households could afford a home. … Read more
Republicans are suddenly more optimistic about the housing market after Donald Trump’s presidential election victory, while Democrats are less bullish, according to a new survey commissioned by Realtor.com®. Roughly 1 in 5 Republicans say they are now more likely to buy a home as a result of the election, while 24% of Democrats say they … Read more
Small towns are experiencing a resurgence, with the largest number of Americans moving out of metro areas for the first time since the 1970s — many in search of a more neighborhood feel. Now, a community is being built with this ethos in mind. In 2023, according to University of Virginia researchers, about 291,400 people … Read more
Sean “Diddy” Combs’ scandal-plagued Los Angeles mansion has found a potential buyer — but the offer on the table is half the asking price. Bo Belmont, CEO of California-based real estate crowdfunding firm Belwood Investments, has reduced an offer of $30 million for the Holmby Hills estate, despite it being listed for $61.5 million. Combs … Read more
Bill Ackman listed two of his New York City apartments for sale Thursday at a multimillion-dollar loss, according to a report. The billionaire hedge fund manager is looking to unload two luxury apartments on Manhattan’s Upper West Side for $19.9 million — years after he spent $22 million on the couple, according to New York … Read more
Supermodel Cara Delevingne has sold her fire-ravaged Los Angeles mansion for $4.6 million – six months after the property was destroyed by a massive fire. Property records show that the Studio City, CA mansion, which Delevingne bought for $7 million in 2019, was sold in an off-market deal in September. 17 you are an LLC. … Read more
Long after COVID-19 is over, New Yorkers can still find it difficult to mix and mingle in real life — even with their apartment neighbors. Now, the best amenity offering in luxury rental homes in the city sees residents leaving their buildings to meet new friends. Called excursions, field trips and resident events, these off-property … Read more