March 22, 2025 - 12:01
Recent reports indicate a significant decline in home prices in Manhattan, with year-over-year figures showing a stark contrast to the rising median costs in the outer boroughs of New York City. The data highlights a troubling trend for Manhattan homeowners, as the once-desirable market is experiencing a downturn that has left many questioning the future of real estate in the area.
In contrast, neighborhoods in the outer boroughs, such as Brooklyn and Queens, are witnessing a surge in demand. This shift suggests that buyers are increasingly seeking more affordable options outside of Manhattan, leading to a competitive market in these regions. Factors contributing to this trend may include the ongoing changes in remote work policies, which have allowed individuals to prioritize space and affordability over proximity to Manhattan's bustling business districts.
As the real estate landscape continues to evolve, both buyers and sellers are adapting to these changing dynamics, raising questions about the long-term implications for New York City's housing market.
July 19, 2025 - 04:34
Kevin Durant's Former Oklahoma City Townhouse Hits the Market at a Remarkably Low PriceTwo-time NBA champion Kevin Durant could afford to buy his old Oklahoma City townhouse more than a million times over. However, the property, which once belonged to the basketball superstar, has...
July 18, 2025 - 08:43
Weekly Real Estate Update for Darien and RowaytonIn the latest real estate report covering the Darien and Rowayton areas from July 10 to 17, 2025, the market continues to show signs of activity. Several properties are set to hold open houses this...
July 17, 2025 - 22:33
Foxfield Expands Its East Coast Holdings with New Mansfield Office AcquisitionMansfield, MA — Foxfield, a prominent real estate investment and development firm, has officially acquired the 9–11 Hampshire Street property, a spacious 155,348-square-foot Class A office...
July 17, 2025 - 03:57
Massive 112-Acre Equestrian Estate Hits the Market for $70 MillionThe Robert Taylor Ranch, an expansive 112-acre equestrian estate, has officially been listed for sale, making waves in the Los Angeles real estate market as the largest residential property to be...