common questionscontact usupdatesupdatesour story
old postsopinionshomeareas

Surge in Trust-Involved Home Sales in Manhattan

April 15, 2025 - 20:49

Surge in Trust-Involved Home Sales in Manhattan

A recent study has revealed a significant increase in home sales in Manhattan that involve trusts, a financial tool often used for wealth transfer. In 2024, the share of such transactions soared to an impressive 28%. This trend indicates a growing reliance on trusts among wealthy New Yorkers as a means of passing down property to heirs.

The rise in trust-related sales reflects broader shifts in estate planning strategies among affluent families. As property values continue to climb, many individuals are seeking ways to protect their assets and ensure a smooth transition for their beneficiaries. Trusts not only provide tax advantages but also help avoid the lengthy probate process associated with traditional inheritances.

This increase in trust-involved transactions may reshape the real estate landscape in Manhattan, as more homes change hands through these arrangements. As families adapt to evolving financial strategies, the implications for the local housing market could be profound, influencing everything from pricing to inventory levels in the coming years.


MORE NEWS

The US Housing Market Could See Increased Affordability in 2026

December 19, 2025 - 04:33

The US Housing Market Could See Increased Affordability in 2026

As we look ahead to 2026, there are signs that the US housing market may become more accessible for buyers, sellers, and renters alike. Economic forecasts suggest a potential shift in housing...

Top Housing Markets for Homebuyers in 2026

December 18, 2025 - 03:52

Top Housing Markets for Homebuyers in 2026

As mortgage rates decline, the National Association of Realtors (NAR) has pinpointed the most promising housing markets for 2026, highlighting areas poised for significant homebuying activity....

UConn Real Estate Students Win Prestigious Housing Competition

December 17, 2025 - 00:46

UConn Real Estate Students Win Prestigious Housing Competition

A team of real estate students from the University of Connecticut has clinched the top prize in the highly competitive `Future of Housing` contest held at Boston College. This event brought...

Emerging Property Hotspots in Australia for 2026 Identified

December 16, 2025 - 12:20

Emerging Property Hotspots in Australia for 2026 Identified

A recent report has highlighted the suburbs in Australia that are expected to offer the most promising returns for property investors in 2026. As the housing market navigates a shifting landscape...

read all news
common questionscontact usupdateseditor's choiceupdates

Copyright © 2025 UrbMix.com

Founded by: Melanie Kirkland

our storyold postsopinionshomeareas
cookie settingsprivacy policyuser agreement