The squeeze on resi brokerages is forcing consolidation, cooperation
Corcoran is consolidating. Compass is making lay offs. Residential firms are going lean. Call it a sign of the...
Residential Real Estate
Residential real estate is any property that is used for the purpose of habitation.
Residential Real Estate Q&A
What qualifies as residential real estate?
Residential real estate can be defined as any property that individuals or families inhabit. In addition to the traditional detached house, some property types include condos, apartments, townhomes, and multifamily units.
What is the residential real estate industry?
The residential real estate industry encompasses the buying, selling, renting, renovating, financing, management, development, and construction of residences. Brokerages, developers, banks, trusts, architects, and builders all work with landlords and individuals to design spaces for occupancy.
Who buys and sells residential real estate?
Traditionally, individual buyers use residential real estate agents to find and purchase residential properties. Residential real estate may also be held by companies that serve as landlords to individual tenants. Residential brokerages often act as go-betweens for buyers and sellers. The Real Deal releases annual rankings of real estate agents and brokerages in New York. Take a look at our Data Book for the most recent rankings.
Want to know more about residential real estate?
Check out our Top Stories below for TRD's most up-to-date coverage of residential real estate.
The Latest
Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week
Heading into a long weekend, a handful of sellers had lofty hopes. The second week of February saw pricier...
With asking prices in freefall, luxury market sees strong week
The penthouse at World Wide Group and Rose & Associates’ 252 East 57th Street started life in 2014 asking...
Keller Williams will cut off agents who leave
Keller Williams is cutting off associates who dump the franchise brokerage. Effective April 1, the company’s lifelong profit sharing...
Here’s what Wall Street bonus season means for real estate this year
Wall Street bonus season is the stuff of New York City home sellers’ dreams, as they picture eager buyers...
Adam Neumann is asking $37M for Gramercy Park triplex
Former WeWork CEO Adam Neumann has listed his six-bedroom triplex penthouse for $37.5 million. The listing price is $2...
Residential rents continue upward march in Manhattan, Brooklyn and Queens
As apartment hunters try to figure out what on earth is going on with broker fees, they now have...
“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand
Redfin’s losses nearly doubled to $81 million in 2019, but there was a silver lining to be found on...
CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone
UPDATED Wednesday, February 12, 2020, 7:37 p.m.: One of the perks of being engaged to a real estate broker...
Priciest homes to hit market include an UES building prime for mansion conversion
A vacant multifamily building prime for a mansion conversion and a condo so high in the air that “there...
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