Residential Real Estate

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

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Since lawmakers clarified last month that agents and brokerages can only charge up to $20 for the preparation of...

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

Alex Rodriguez has seen both his professional and personal life covered exhaustively in newspapers across the country for decades...

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

Compass has opened an office in Long Island City as sales prices in Queens hit record highs. Located at...

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest

Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to announcements and deals. We update...

Nooklyn CEO Harley Courts (Credit: iStock)

Brokerage slashes agent commissions, delays payments after rent law change

At 10:23 p.m. on September 17, agents at the startup brokerage Nooklyn got an unwelcome email from the firm’s...

The Daily Digest - Tuesday

NYC apartment prices hit 4-year low, Pacific Park developers reveal new plans: Daily digest

Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to announcements and deals. We update...

LeBron wanted it and California’s governor signed it. What the college athlete compensation law means to real estate

California’s landmark student athlete compensation bill has now been signed into law, and while the NCAA has strong objections, one very high profile athlete...

Racial inequality in homeownership across US is sharpest in New York: report

White homeowners control a disproportionately high percentage of property across the country, and the discrepancy between population and ownership...

Resi scorecard: Brooklyn and Queens condo inventory through
July 2019

New development condo report Brooklyn Inventory expanded as developers filed more units than were purchased Developers filed 13 plans...

Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)

Owners of some residential properties can’t hide behind
LLCs anymore

The owners of certain residential properties in New York can no longer shield their identities from the state using...

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