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Kathie Lee Gifford Seeks $100M for Legendary Greenwich Waterfront Estate
6 days ago•Source: Realtor.com
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12.82 min•8 days ago
Cost of Living Sparks a Boom in Multigenerational Homes
Rising prices and stagnant wages are pushing more American families to live under one roof across generations, with grandparents helping care for kids and adult children teaming up to buy homes. Builders are responding with plans that include attached or separate living spaces to balance togetherness and privacy, and data show multigenerational home purchases rose from 14% to 17% of buyers between 2023 and 2024.
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NAR: April Existing-Home Sales Tick Up 0.2% as Inventory Rises
National Association of REALTORS®•14 days ago
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Iran Conflict Knocks the Wind Out of Real Estate’s Summer Rebound
Business Insider•27 days ago
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Gatekeepers of Billionaire Island: Indian Creek's Exclusive Club Won't Accept Walk-Ins
On Miami’s Indian Creek Island, joining the Indian Creek Country Club isn’t bought with mansions alone: candidates must be nominated by a current member and approved by a 15‑person board (75% yes), with an initiation fee around $200,000 and annual dues about $20,000; there’s no waiting list or easy entry, and the club’s 18‑hole Flynn-designed course sits amid a private billionaire enclave of roughly 300 residents and is home to mansions of Bezos and others.
Siriano’s Monument Ave Renovation Sells for $2.2 Million
Fashion designer Christian Siriano sold his renovated 7,600-square-foot, 1910 Colonial Revival at 2204 Monument Ave. in Richmond for $2.2 million. Bought for about $1.3 million, the home underwent a seven‑month renovation led by The Noonan Co. and local firms, with high-end finishes like marble countertops and Murano glass chandeliers; it was listed in March and closed April 9 to buyers Robin and Kelsey Clark. Siriano’s sale follows his Branch Museum of Design exhibition, and the transaction involved marketing by Brinkley Taliaferro.
First-Time Homebuyers Confront Growing Cost Burden
New homeowners in 2024 spent about 26% of their income on housing vs 20% for longer-tenured owners—a six-point gap dubbed the 'new homeowner penalty' and the widest since 1990—driven by high prices, mortgage rates hovering around 6%+, and rising costs like insurance and taxes. The result is a stubborn affordability crunch for first-time buyers, even with savings and family help; policymakers point to boosting housing supply through streamlined permitting and zoning reforms as the long-term fix, though effects will take time and vary by region.
Cozy Mashpee Cape in Pirate's Cove Offers Beach, Boat Access
A three-bedroom, one-bath Cape at 29 Musket Lane in Mashpee’s Pirate’s Cove is listed for $599,900, offering water access, a boat ramp at the neighborhood entrance, and nearby beaches. The 1,308-square-foot ranch sits on a 10,019-square-foot lot (built in 1960) with a den, eat-in kitchen, a three-season porch, a deck, and a partially finished basement, in a waterfront community with association beaches.
March Existing-Home Sales Fall 3.6% as Inventory Tightens and Prices Rally
March existing-home sales fell 3.6% month-over-month to a 3.98 million seasonally adjusted annual rate, with inventory up 3.0% to 1.36 million (about 4.1 months). Year-over-year sales were down 1.0% while the median price rose 1.4% to $408,800, the 33rd consecutive year-over-year price gain. Limited inventory continues to push prices higher and bolster homeowner wealth; NAR trimmed its 2026 forecast to a 4% increase in existing-home sales (new-home sales expected to be flat) as mortgage rates rise. Regional declines occurred in all four regions.
Carey’s Tribeca Penthouse Seeks $27 Million for a Glamorous Manhattan Upgrade
Mariah Carey’s Tribeca triplex at the Franklin Tower is on the market for $27 million, spanning about 12,700 square feet with eight bedrooms and seven baths, featuring Empire State Building views, a rooftop terrace, and luxe touches like Marilyn Monroe’s piano and butterfly decor; the space could be redeveloped or kept as a single residence, with roughly $18.6 million in loans and about $17,000 monthly HOA dues.
Mariah Carey's TriBeCa Triplex Hits the Market for $27 Million
Mariah Carey has listed her 12,728-square-foot TriBeCa triplex penthouse at 90 Franklin Street for $27 million. Bought in 1999 for $9 million, the eight-bedroom, six-full-bath plus three-half-bath home spans the top three floors and features a 38-foot master bath/spa, a theater room with an aquarium, and a 1,100-square-foot rooftop terrace with 360-degree views of the Hudson River and Manhattan skyline; interiors were designed by Mario Buatta and butterfly motifs remain. Public records show about $18.6 million in debt against the property; CORE Real Estate is handling the listing.
Mariah Carey lists $27M Tribeca penthouse amid debt questions
Mariah Carey has listed her Tribeca triplex at 90 Franklin St for $27 million—the 12,728-square-foot, three-level penthouse she assembled in 1999 from two units and furnished with designer Mario Buatta—for the first time since its original purchase. The listing highlights its scale, light, potential to operate the floors as a single residence or rework, and 360-degree views from the Hudson to the skyline with about 1,100 square feet of private outdoor space. Public records show roughly $18.6 million in loans against the property, fueling questions about Carey’s finances amid broader spending rumors, including the sale of an Atlanta mansion at a loss.
Affordability Pushes First-Time Buyers Toward the Back of the Line
U.S. homebuyers are entering the market later in life: the age of first-time buyers has risen from 30 in 2010 to a record 40, while repeat buyers average 62, driven by affordability constraints and a tight housing supply.
Snow Ice and Uncertainty Shape DC Area Spring Homebuying
January's snowstorm left stubborn snowcrete piles that slowed the D.C. area’s spring homebuying season, with some sellers delaying March listings; the Feb. 28 airstrikes amid Iran tensions add longer-term uncertainty. Bright MLS economist Lisa Sturtevant says buyers face job-market jitters and rising mortgage rates (and higher gas prices), causing a pullback in pending sales and showings in D.C., though optimism remains location-dependent.