Tri-State
Macklowe Gallery founders chop another $10M off East Hampton home ask
The asking price on Lloyd and Barbara Macklowe’s Hamptons estate has slid again. The art power couple and brother...
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
Gilded Age mansion trades for $50M in all-cash deal
A Fifth Avenue property once called Manhattan’s “last intact Gilded Age Mansion” has traded for $50 million. The 20,000-square-foot...
National
Divvy Homes cuts 12% of staff
Another day, another real estate company making moves to cope with rising mortgage rates. Proptech startup Divvy Homes laid off 12 percent of its staff on Tuesday, the Information reported. The cuts impacted roughly...
National
Elliman gets into payday loan business as market cools
When residential dealmaking dries up, brokerages have to find unconventional ways to generate money. Douglas Elliman rolled out a...
National
Home prices cooled at historic rate in July
Home prices slowed their roll this summer — at a historic rate. The S&P CoreLogic Case-Shiller Index posted a 15.8 percent annual gain in July, down from June’s 18.1 percent increase. Not only was...
National
Cooling Sun Belt markets lead canceled home contracts
More deals for homes are getting left out to dry in the Sun Belt than anywhere else in the...
Brooklyn luxury market can’t shake slump
Someone wake up the Brooklyn luxury market when September ends. Summer may have come and passed, but after a small rebound last week, only eight homes — three condos and five houses — asking...
Manhattan luxury contracts hold steady in September
Luxury residential real estate has been roiled by economic uncertainty in recent months, but high-end contracts in Manhattan appear...
Ryan Serhant talks Compass, reality TV and more on TRD podcast
When celebrity broker Ryan Serhant left Nest Seekers in 2020 — striking out on his own months into a...
National Weekend Edition
Unique Frank Lloyd Wright home available … for now
If you’re reading this, you may already be behind the eight-ball when it comes to buying a rare Frank...