In the third quarter of 2024, [Flow of Funds data](https://www.federalreserve.gov/releases/z1/) from the Federal Reserve showed that the total value of owner-occupied real estate registered at $48.2 trillion, the second highest value on record. Despite the ongoing increase in mortgage debt, home equity remained near its peak, holding the second highest level ever recorded. Here’s whatRead …
There’s an old adage about what to say when a tourist asks for directions to New York ’s Carnegie Hall—the answer is “practice, practice, practice.” For New Yorkers wondering how to afford the median rent—which hit $3,362 in Manhattan, Queens, the Bronx, and Brooklyn in November—the answer is “work, work, work.” A minimum-wage earner mustRead …
A magical home that looks like it was handpicked right from a Hallmark Christmas movie has hit the market for $3 million—just in time for the festive season. The winter wonderland, known as [Timber Creek](https://www.realtor.com/realestateandhomes-detail/25629-NE-Redmond-Fall-City-Rd_Redmond_WA_98053_M23246-81947), is in [Redmond, WA](https://www.realtor.com/realestateandhomes-search/Redmond_WA), and features a hobby farm, log home, and its very own Christmas store, making it theRead …
Renters across the U.S. have something to cheer about: Rents declined in November, making it a bit more affordable for many—especially those earning minimum wage. Across the 50 largest metros, the median rent was $1,703—down $17 from last month and $57 from its peak in August 2022, according to a new Realtor.com® report. The medianRead …
Best Cities for Renters as Minimum Wages Rise and Cost of Housing Falls Read More »
Nothing says vacation property quite like a home with its very own thatched Tiki hut. Whether you are looking for an investment property or want to take advantage of the sizzling hot South Florida market , there is plenty of appeal to be found in one newly renovated residence in Key West with an incredibleRead …
Exotic Key West Paradise With Its Own Thatched Tiki Hut Hits the Market for $3.3 Million Read More »
Highlights – November 2024 marks the sixteenth month of year-over-year rent decline in a row for 0-2 bedroom properties. Asking rents dipped by $19 or -1.1% year-over-year. – The median asking rent in the 50 largest metros registered at $1,703, down by $17 from last month and $57 lower than its August 2022 peak. –Read …
[“Rocky” star Sylvester Stallone](https://www.realtor.com/news/celebrity-real-estate/sylvester-stallone-buys-palm-beach-compound/) has reportedly prompted outrage from his [Palm Beach, FL](https://www.realtor.com/realestateandhomes-search/Palm-Beach_FL), neighbors with his plans to build an underwater barrier next to his $35 million mansion in an apparent bid to keep boaters away from his home. Stallone, 78, has submitted plans for the very unique amenity to the [Florida](https://www.realtor.com/realestateandhomes-search/Florida) Department of EnvironmentalRead …
For the past few weeks, New Jersey residents have spotted clusters of large drones zipping around neighborhoods, hovering over backyards, and even lingering near sensitive locations like military facilities and private estates. These sightings of what appears to be an unusual number of drones—that some residents say are as big as a car—have sparked equalRead …
Macaulay Culkin has revealed that he came incredibly close to stepping into the shoes of his famed “Home Alone” character Kevin McCallister by buying the iconic Illinois mansion that is featured in the hit holiday movie. The 44-year-old actor and musician confessed during a recent stop on his “A Nostalgic Night With Macaulay Culkin” tourRead …
Palm Beach Becomes a Mecca for GOP—and More Than $19 Billion Has Flowed Into the Wealthy Enclave Since Trump’s First Presidency By Julie Gerstein Dec 15, 2024 Envelope Facebook Twitter Linkedin Pinterest Share Local real estate agents call it the “Trump Bump”—and the marked impact that Donald Trump has had on the sleepy community ofRead …
