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

The two most expensive contracts signed last week were condos at One Prospect Park West. (Douglas Elliman)

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,...

Brooklyn luxury market roars back to life
Corcoran to sublet 50K sf in IBM Building

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...

Corcoran to sublet 50K sf in IBM Building
Quarters CEO Rui Barros (Linkedin)

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...

Quarters, the “WeWork of co-living,” files for bankruptcy
Joan Collins and 110 East 57th Street #8EFG (Getty, BHS)
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...

Soap star Joan Collins lists longtime Midtown pied-à-terre
Tommy Hilfiger and his recently sold estate in Greenwich, CT. (Getty, Janet Milligan)
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...

Tommy Hilfiger’s Greenwich estate sells for $45M
Porch CEO Matt Ehrlichman (iStock)
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...

Porch snaps up four startups for over $122M
Nir Meir Asks Court to Stop Eviction (Google Maps)

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...

Nir Meir seeks to throw out Hamptons ejection suit

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