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
Mortgage applications reach pandemic peak
A surge in home mortgage applications has set the bar high for 2021. An index tracking applications to buy homes jumped 8 percent, seasonally adjusted, last week, up from the prior week when it...
National
Mortgage applications fall during holidays even as rates sink
Low mortgage rates weren’t the presents some might have been hoping for this holiday season. Despite attractive borrowing costs,...
National
Homebuilding boom continues with 16% increase
Homebuilding continued to boom in November, new data show, while concern is growing over the lack of nonresidential projects....
National Issue
The Covid churn: Inside resi brokerages’ recruiting games
It’s a long-held tenet of the business that agents switch firms when times are bad — and few years...
National
New home sales slide but prices are rising
New home sales dropped across the U.S. again last month, while prices continued to rise. There were 841,000 newly-built single-family homes sold in November, seasonally adjusted, according to the U.S. Census Bureau’s monthly report....
National
Toxic talk: Agents’ use of social media app Parler stirs concerns
A few weeks after the election, Steve Martin Smith, a Florida-based RE/MAX broker, used his public Parler account to...
National
Mortgage applications fall as home prices soar
Soaring home prices are now discouraging buyers more than low rates are motivating them. An index tracking applications for...
National
Existing home sales fall for the first time in 5 months
Homebuyers took a step back last month, as the number of homes on the market reached a new low....
The 10 priciest Hamptons homes sales of 2020
UPDATED Dec. 21, 2020, 6:40 pm: It’s no secret that Hamptons buyers went ham this year. Wealthy New Yorkers...