Brooklyn luxury market roars back to life
The market for luxury Brooklyn homes — and townhouses in particular — came back to life after a slow start to the year. Twenty-five homes asking over $2 million went into contract last week,...
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
National
Title insurers launch new closing tools as homebuying rises
As Americans look to take advantage of the historically low interest rates and buy new homes, more companies are...
Corcoran to sublet 50K sf in IBM Building
The Corcoran Group is betting on New York City’s office market. The brokerage is moving to the IBM Building at 590 Madison Avenue, where it is subleasing the seventh and eighth floors from Aspen...
Quarters, the “WeWork of co-living,” files for bankruptcy
Quarters’ U.S. expansion appears to have ended in bankruptcy. Eight properties and two additional limited liability companies tied to...
National Weekend Edition
Soap star Joan Collins lists longtime Midtown pied-à-terre
Joan Collins is saying goodbye to Midtown. The soap star, best known for playing the conniving Alexis Carrington Colby...
Tri-State
Tommy Hilfiger’s Greenwich estate sells for $45M
When Greenwich real estate broker Janet Milligan stopped for an ice cream more than 40 years ago, she didn’t...
National
Texas Realtor faces criminal charges for role in Capitol attack
A Texas real estate agent is facing criminal charges for her participation in last week’s attack on the U.S....
National
Porch snaps up four startups for over $122M
Porch isn’t wasting time on the acquisition front: Just three weeks after going public, the home-services startup scooped up four companies for $122 million. The Seattle-based company said it inked a deal to buy...
Nir Meir seeks to throw out Hamptons ejection suit
Former HFZ Capital Group executive Nir Meir is asking a court to throw out a case seeking to eject...
Who’s buying and selling Manhattan homes? Last month’s notable deals
The city’s for sale, but who’s laying down millions and buying in? Michael Nierenberg of New Residential Corp. and...