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Real Estate
Home Listings Surge To Record $698 Billion As Buyers Back Off Home Listings Surge To Record $698 Billion As Buyers Back Off
Home Listings Surge To Record $698 Billion As Buyers Back Off A swelling supply of unsold homes and a slowdown in buyer activity have sent the housing market to a record high — $698 billion in total listings, the largest dollar value seen in more than a decade. That figure, reported by Redfin, is based on the combined asking prices of all active home listings across the US at the end of April. It marks a 20.3 percent increase from one year ago, and the highest value since Redfin began tracking the data in 2012. Much of that growth is driven by stale inventory. More than $330 billion worth of homes have sat on the market for 60 days or longer, accordin…

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by Joe Lombardi
Real Estate
Zillow To Block Listings That Violate New Rules: Here’s What Gets You Banned For Life Zillow To Block Listings That Violate New Rules: Here’s What Gets You Banned For Life
Zillow To Block Listings That Violate New Rules: Here’s What Gets You Banned For Life Zillow is cracking down on how real estate listings are shared, and agents who break the rules could see their listings blocked from the site for good. Starting June 30, any listing that violates Zillow’s new Listing Access Standards may be permanently removed from both Zillow and Trulia, the company said in a public announcement posted May 20. The standards are based on a simple rule: If a listing is marketed to some buyers, it should be marketed to all buyers, Zillow said. The standards are designed to support transparency and fair access, and mirror the National Association of Realtors’…

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by Cecilia Levine
Real Estate
Home Sales Suffer Slowest April Since 2009 Amid Trump Tariffs, Rising Mortgage Rates Home Sales Suffer Slowest April Since 2009 Amid Trump Tariffs, Rising Mortgage Rates
Home Sales Suffer Slowest April Since 2009 Amid Trump Tariffs, Rising Mortgage Rates Home sales fell for the second straight month in April, dropping to their slowest pace for the month since the global financial crisis more than 15 years ago. Existing-home sales slipped 0.5% from March to a seasonally adjusted annual rate of four million homes, the National Association of REALTORS (NAR) said on Thursday, May 22. The median price for an existing home rose to $414,000, setting a new April record and marking the 22nd straight month of annual price increases. Sales hit their slowest April pace since 2009, CNBC reported. They were down 2.0% from April 2024, despite ho…

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by Chris Spiker
Real Estate
Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn
Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn Homebuilders are warning about a slow spring due to President Donald Trump's sweeping tariffs and high interest rates, according to a new survey. Builder confidence dropped sharply in May, falling to 34 on the National Association of Home Builders/Wells Fargo Housing Market Index released on Thursday, May 15. That's down six points from April, matching the low from November 2023 and marking the worst reading since December 2022. In the Northeast, sentiment slipped three points to 44 on a three-month moving average. A score above 50 means more builders see conditions as good than p…

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by Chris Spiker
Real Estate
Tell It To Your Realtor: Pop Star Taylor Dayne's Former Historic NY Estate Listed For $2.8M Tell It To Your Realtor: Pop Star Taylor Dayne's Former Historic NY Estate Listed For $2.8M
Tell It To Your Realtor: Pop Star Taylor Dayne's Former Historic NY Estate Listed For $2.8M It’s not every day you can live like a pop icon, but one lucky buyer just might get the chance. The former Lloyd Harbor estate of Long Island native and chart-topping singer Taylor Dayne has officially hit the market—and it’s already drawing eyes. The historic six-bedroom, five-bathroom Victorian-era stunner at 381 West Neck Road is listed for $2.875 million. Built in 1869 and designed by architect Charles Homer Davis, the 6,600-square-foot home is a certified showstopper, boasting classic Second Empire architecture with Queen Anne flourishes, a mansard roof, a truncated tower, and sprawlin…

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by Michael Mashburn
Real Estate
Live Inside A Painting: 100-Acre Capital Region Estate With Ties To Famed Artist Lists For $7M Live Inside A Painting: 100-Acre Capital Region Estate With Ties To Famed Artist Lists For $7M
Live Inside A Painting: 100-Acre Capital Region Estate With Ties To Famed Artist Lists For $7M This Hudson Valley stunner might be your masterpiece.  A historic 100-acre compound just minutes from downtown Hudson offers an extraordinary mix of old-world charm, modern amenities, and a surprising connection to one of the Hudson River School’s most iconic painters. The 5,100-square-foot estate sits atop a winding drive and boasts Catskill Mountain views and sunsets “right out of the paintings themselves,” reads the listing from Houlihan Lawrence. Asking price? $7.3 million. The Hudson estate. Alon Koppel History suggests that famed landscape artist Frederic Church—best kno…

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by Michael Mashburn
Real Estate
NY's $9M 'Castle In The Sky' Hits Market Complete With Turrets, Tunnel, Pool Fit For Royalty NY's $9M 'Castle In The Sky' Hits Market Complete With Turrets, Tunnel, Pool Fit For Royalty
NY's $9M 'Castle In The Sky' Hits Market Complete With Turrets, Tunnel, Pool Fit For Royalty If you’ve ever dreamed of living in a fairytale, this Ulster County estate might just be your happily-ever-after. Nicknamed the Castle in the Sky, this jaw-dropping Kingston property is turning heads with its turret-topped towers, panoramic mountain views, and a feature that could give Hogwarts a run for its money: a 200-foot underground, lighted tunnel. Listed at a majestic $9.45 million, the estate is one of the most expensive residential properties currently for sale in Ulster County—and it’s easy to see why. Set on 46.5 acres with sweeping views of the Catskills and Mohonk Mountain, th…

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by Michael Mashburn
Real Estate
‘Jersey Shore’ Star Angelina Pivarnick Is Selling Her NJ Home For Just Under $1.8M ‘Jersey Shore’ Star Angelina Pivarnick Is Selling Her NJ Home For Just Under $1.8M
‘Jersey Shore’ Star Angelina Pivarnick Is Selling Her NJ Home For Just Under $1.8M Angelina Pivarnick, one of the original cast members of MTV’s "Jersey Shore," has listed her New Jersey mansion — and it’s going for a cool $1.799 million The four-bedroom, five-bathroom home sits at 3 Bowers Drive in the exclusive Clayton Farms community of Freehold. Pivarnik reportedly moved into the house in 2021. According to the listing, the home spans over 5,500 square feet and sits on a 1.1-acre premium lot. It's packed with high-end finishes — including a custom resort-style yard with a pool. The home, listed by Aleksandr Pritsker of EXP Realty, features a butterfly staircase, two-…

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by Cecilia Levine
Real Estate
'Cheap' Asking Price Of Historic NY Victorian Has Looky-Loos Talking: 'What's The Catch?' 'Cheap' Asking Price Of Historic NY Victorian Has Looky-Loos Talking: 'What's The Catch?'
'Cheap' Asking Price Of Historic NY Victorian Has Looky-Loos Talking: 'What's The Catch?' If the housing market has you weeping into your Zillow alerts, this might be the fairy tale you’ve been waiting for—assuming you’re not afraid of snow, taxes, or the occasional creaky floorboard. A stunning 1870 Italianate Victorian in upstate New York has the internet positively swooning after it hit the market this week for a jaw-dropping $190,000. That’s right. Four bedrooms. Four bathrooms. Over 3,300 square feet. For less than the price of a Brooklyn studio closet. Located at 465 West Church Street in Elmira (Chemung County), the 3,392-square-foot beauty was listed Monday, March 24 and…

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by Michael Mashburn
Real Estate
Massive NY Film Studio, Development Site Along Hudson River To Be Auctioned For $6.35M Massive NY Film Studio, Development Site Along Hudson River To Be Auctioned For $6.35M
Massive NY Film Studio, Development Site Along Hudson River To Be Auctioned For $6.35M A massive production studio and waterfront development site in downtown Catskill is heading to auction, offering a rare investment opportunity at nearly half its original listing price. The 20,208-square-foot Lumberyard, a New York State Qualified Production Facility, will be sold to the highest bidder on Wednesday, March 20. Originally listed in 2023 for $11.5 million, the property now has a reserve price of $6.35 million — about 45 percent lower than its initial asking price. The auction follows Gov. Kathy Hochul’s recent announcement of a $10 million state grant to revitalize downtown Ca…

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by Chris Spiker
Real Estate
'Exciting' New Travel Channel Series Shines Spotlight On Capital Region 'Exciting' New Travel Channel Series Shines Spotlight On Capital Region
'Selling The 518' To Premiere On Travel Channel Move over, Manhattan—New York’s Capital Region is getting its moment in the national spotlight! A brand-new TV series, “Selling the 518,” is set to premiere on the Travel Channel. The show, hosted by Rebecca Cavalieri of Gabler Realty, will take viewers beyond real estate listings and into the heart of Albany, Schenectady, Troy, Saratoga Springs, and the surrounding areas. Produced by Emmy-nominated The American Dream TV network, “Selling the 518” is all about showcasing the communities, businesses, and stories that make the 518 special, Cavalieri said on Facebook. Each 30-minute episode w…

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by Michael Mashburn
Real Estate
Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why
Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why New home prices could jump by as much as $10,000 because of President Donald Trump's tariffs, industry leaders warn. The National Association of Home Builders (NAHB) estimates that Trump's tariffs could increase prices by $7,500 to $10,000 per new single-family home. The trade group said the estimate is based on reports from members planning for tariff-related price hikes. Trump imposed a 25 percent tariff on Canadian and Mexican goods on Monday, Mar. 4, as well as 20 percent duties on Chinese imports. Two days later, he announced the tariffs would be paused for products covered by the…

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by Chris Spiker
Real Estate
Socialite's Former Mansion With Bowling Alley, Koi Pond Listed In Capital Region For $25M Socialite's Former Mansion With Bowling Alley, Koi Pond Listed In Capital Region For $25M
Socialite's Former Mansion With Bowling Alley, Koi Pond Listed In Capital Region For $25M Here’s your chance to live like Saratoga royalty–if the price is right. The famed Palazzo Riggi, one of Saratoga Springs’ most luxurious estates, officially hit the market on Tuesday, March 4, giving prospective buyers a chance to own a 19,000-square-foot stone mansion packed with over-the-top amenities. Asking price? $24.9 million. Located at 637 North Broadway, the property was last sold at auction in September 2023 for $7.1 million—a price tag that suddenly looks like a bargain compared to its new listing. The annual tax bill? A cool $143,000. Palazzo Riggi in Saratoga Springs. …

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by Michael Mashburn
Real Estate
Trump Administration Selling Off 15 'Non-Core' Federal Spaces In New York Trump Administration Selling Off 15 'Non-Core' Federal Spaces In New York
Trump Administration Selling Off 15 'Non-Core' Federal Spaces In New York The Trump administration is putting some of the largest and most well-known federal buildings up for sale. The move is all in an effort to eliminate waste, slash maintenance costs, and reinvest in more efficient spaces, according to the U.S. General Services Administration (GSA). Officials have identified hundreds of "non-core properties" totaling millions of square feet that no longer serve essential government functions and are now up for grabs. “Selling ensures that taxpayer dollars are no longer spent on vacant or underutilized federal spaces,” federal officials said. “Disposing of the…

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by Zak Failla
Real Estate
'White Lotus' Star Restored This Hudson Valley Hunting Lodge To Its Former Glory: Look Inside 'White Lotus' Star Restored This Hudson Valley Hunting Lodge To Its Former Glory: Look Inside
'White Lotus' Star Restored This Hudson Valley Hunting Lodge To Its Former Glory: Look Inside Walton Goggins is opening the doors to his enchanting 1920s lodge in the Hudson Valley, giving "Architectural Digest" an exclusive tour of the historically rich, thoughtfully restored estate he calls home. Originally built in 1924 as a Scottish hunting lodge, the 8,000-square-foot estate in Hillsdale, NY sits on 125 acres—once part of a sprawling 3,000-acre property.  When Goggins ("The Righteous Gemstones," "The Hateful Eight," "White Lotus") and his wife, Nadia Conners, purchased the home sometime after the COVID pandemic, it had been untouched for nearly a century, with every s…

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by Cecilia Levine
Real Estate
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…

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by Chris Spiker
Real Estate
'Lesser Evil,' Owned By Dad Of Alleged DOGE Staff Member, To Move Into NY Property 'Lesser Evil,' Owned By Dad Of Alleged DOGE Staff Member, To Move Into NY Property
'Lesser Evil,' Owned By Dad Of Alleged Doge Staff Member, To Move Into NY Property A fast-growing, CT-based snack brand owned by the father of a 19-year-old allegedly working with Elon Musk's new Department of Government Efficiency has secured a massive new distribution facility in Putnam County, expanding its presence in the Northeast. Lesser Evil, a Danbury, Connecticut-based company known for its organic and minimally processed snacks, has signed a 303,100-square-foot lease at Lincoln Logistics 84x684 Crossings in Brewster, according to real estate developer Lincoln Equities Group (LEG). The facility, located near major highways I-84, I-684, and Route 7 and finished in…

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by Ben Crnic
Real Estate
$28M Playground: Jaw-Dropping NY Estate Boasts Bowling Alley, Golf Simulator (Peek Inside) $28M Playground: Jaw-Dropping NY Estate Boasts Bowling Alley, Golf Simulator (Peek Inside)
$28M Playground: Jaw-Dropping NY Estate Boasts Bowling Alley, Golf Simulator (Peek Inside) If you’ve ever dreamed of living in your own private resort, this jaw-dropping New York estate might just be the answer. With a price tag of $28 million, this 25,000-square-foot Long Island mansion – built by renowned luxury home builder John Kean – is more than a home, it’s a destination. Set on seven pristine acres within the exclusive gated community of Spring Hill in Old Westbury, this estate redefines what it means to live large. Boasting seven bedrooms, 13 bathrooms, and endless amenities, every luxury you’ve ever dreamed of is right at your fingertips. 6A Spring Hill Lane in…

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by Michael Mashburn
Real Estate
US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …

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by Chris Spiker
Real Estate
Slice Of Versailles: French Chateau-Inspired Estate Among Priciest NY Listings At $15M Slice Of Versailles: French Chateau-Inspired Estate Among Priciest NY Listings At $15M
Slice Of Versailles: French Chateau-Inspired Estate Among Priciest NY Listings At $15M Here’s your chance to live like royalty. Tucked away at the end of a private road on Long Island is “Haut Bois,” a sprawling, French chateau-inspired estate that’s among New York’s most expensive residential real estate listings. Asking price? $15 million. Built in 1917 by celebrated architect Ogden Codman Jr., the elegant brick and stucco mansion – located in Brookville at 1985-4 Cedar Swamp Road – boasts seven bedrooms and nine bathrooms. Situated on eight acres, the abode is dripping in luxury, and ivy. Daniel Gale Sotheby's International Realty “Drawing inspiration from the Louis XI…

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by Michael Mashburn
Real Estate
'Majestic' NY Estate Marilyn Monroe, John Lennon Once Called Home Hits Market For $18M 'Majestic' NY Estate Marilyn Monroe, John Lennon Once Called Home Hits Market For $18M
'Majestic' NY Estate Marilyn Monroe, John Lennon Once Called Home Hits Market For $18M This storybook-worthy Long Island estate is fit for Hollywood royalty. Perched high atop a 70-foot bluff overlooking the Atlantic Ocean is Montauk’s “Stone House,” located at 408 Old Montauk Highway. Asking price? $18 million. Nestled on over three breathtaking acres offering panoramic views of the Montauk Lighthouse and Block Island, this architectural masterpiece boasts over 4,000 square feet that includes three bedrooms and five bathrooms. “Presenting one of the rarest and most majestic oceanfront offerings in The Hamptons,” reads the listing from Douglas Elliman. The interior …

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by Michael Mashburn
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