Brooklyn luxury market surges with nearly $73M in contracts
Brooklyn’s luxury market got an early holiday gift last week. Some 25 contracts were signed last week for homes...
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
Manhattan luxury market shows signs of progress with 25 deals
A condo project recently fitted with a billboard declaring New York City is “not dead” has, for the second...
National
Firm that manages TikTok party houses goes public
West of Hudson Group, which operates a network of houses where TikTok influencers live and perform, went public last...
National Issue
RMBS then and now: Do securitized home loans still matter?
Between April and June, when the pandemic went from a shocking jolt to a daily reality, a record number...
New platform aims to be “Neiman Marcus” of luxury listings
StreetEasy has another new competitor. LX Collection is a new platform that aims to sell luxury condominiums in a...
Los Angeles Weekend Edition
Fake Kardashian home in Studio City gets price bump
The Los Angeles house that stood in for Kris Jenner’s home on “Keeping Up With The Kardashians” is back...
$16M townhouse sale sets Brooklyn record
Pharmaceutical investment mogul Behzad Aghazadeh set a record in Brooklyn with his purchase of a townhouse and carriage house for a combined $16 million. The Brooklyn Heights buys closed in May but weren’t recorded...
National
Facebook, Google back modular housing startup
Tech giants Facebook and Google are pulling out their checkbooks to back a modular housing startup. Factory_OS, which aims...
National
These are the top 10 priciest zip codes in the US
The pandemic has led to many changes in the residential real estate market: suburban migration, a dearth of inventory,...
National
NAR apologizes for housing discrimination
The National Association of Realtors has issued an historic apology for its role in housing discrimination, but some say it falls short. Charlie Oppler, the president-elect of NAR, which represents 1.4 million real estate...