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Real Estate

All articles tagged with #real estate

business6 hours ago•16 min saved

Record share of young adults living with parents as housing costs stay high

A Realtor.com analysis of Census data shows a record 25 million young adults aged 18–34 lived with their parents in 2025 — about one in three in that age range — driven by persistently high home prices. The share rose after the pandemic-era price swings and remains high even as most of these adults are employed, with many having bachelor’s degrees. The age a person was during the pandemic shaped their housing trajectory: those who were 28–29 when rates were low in 2021 were likelier to own now, while those who were college-age then remain more likely to be shut out. The article also notes a federal housing law going into effect intended to ease the housing crunch.

via The Washington Post|

#affordable-housing #business #demographics

us-politics11 hours ago•15 min saved

Bipartisan housing bill becomes law as Trump withholds signature

The 21st Century ROAD to Housing Act, the first major federal housing-affordability bill in three decades, became law after Congress passed it with broad bipartisan support and President Trump did not sign it; under a 10-day waiting period it took effect without his signature. The law aims to boost housing supply by encouraging local zoning reforms, streamlining environmental reviews, reducing costs for manufactured homes, and restricting large investors from buying single-family homes, a package welcomed by homebuilders, lenders and related groups as median U.S. home prices rise to record highs.

via Yahoo Finance|

#housing #housing-affordability #legislation

real-estate1 day ago•4 min saved

White Party Guests Eye Nearby $45M Oceanfront in Bridgehampton

Guests at Michael Rubin’s White Party have shown interest in a neighboring oceanfront estate at 15 Dune Road in Bridgehampton, with the property listed for $45 million. Brokers say multiple parties from New York, Florida and LA are viewing the 7,059-square-foot, seven-bedroom, seven-bath home (built in 2018) that features water views, a glass elevator, private beach access and a modern design, and negotiations are underway for a potential deal.

via New York Post|

#15-dune-road #bridgehampton #hamptons

real-estate1 day ago•6 min saved

Turn Your Home Inspection Into Negotiation Power for First-Time Buyers

The article guides first-time homebuyers on translating a lengthy home inspection report into a strategic plan: prioritize the big five (roof, foundation, HVAC, electrical panel, plumbing), separate routine maintenance from major issues, and sort findings into buckets—fix it later, ask for credits, think twice—to guide negotiations for seller concessions or closing costs. If repairs strain the budget, you may choose to walk away with solid data. It also emphasizes building a cash buffer for post-inspection fixes and highlights down payment assistance options, such as Progressive’s UpPayment program offering up to $13,500 to eligible buyers.

via vox.com|

#big-five #down-payment-assistance #first-time-buyer

business1 day ago•6 min saved

New York's Office Boom Hits High Gear as Giants Lock in Long-Term Leases

New York’s office market surged in the first half of the year as banks, law firms, cosmetics firm L’Oréal, and AI startups signed long-term leases, driving down vacancies and lifting rents. Major deals include Bank of America expanding to 2.4 million square feet and renewals by Simpson Thacher & Bartlett and Cleary Gottlieb, while Anthropic agreed to lease almost 500,000 square feet at 330 Hudson. Brooklyn’s Refinery at Domino has become a focal point for AI tenants. Mayor Mamdani touts the economy despite tax-policy tensions with the DSA, and analysts caution that two-to-three-decade commitments hinge on sustained talent and supportive policy.

via The City Reporter|

#artificial-intelligence #banking-and-finance #business

real-estate2 days ago•2 min saved

June Housing Market Slips as Record-High Prices Persist

US existing-home sales fell 2.4% in June to 4.09 million (SA), with inventory at 1.56 million (down 0.6% MoM, up 1.3% YoY) for about a 4.6‑month supply. The median price reached a record $440,600, up 1.8% YoY. All-cash buyers accounted for about 25% of sales (down from 29% a year ago), while first-time buyers were 33% of transactions. Activity remains strongest at the higher end, with regional declines elsewhere except the Northeast. Analysts say limited inventory and high mortgage rates keep prices elevated, even as job gains support demand.

via CNBC|

#home-prices #housing-market #inventory

real-estate2 days ago•6 min saved

MetroLoft Faces Multimillion-Dollar Suit Over Buckling Manhattan Tower

MetroLoft, the developer behind the 443 Greenwich St. luxury conversion that buckled this week, is facing a $350 million-plus lawsuit alleging life‑threatening shortcuts and multiple structural and safety defects across three NYC properties; a separate suit involves Timberlake and Biel over flooding at 443 Greenwich, while inspectors report dozens of open violations across MetroLoft projects, including an emergency stop order at the Pfizer HQ conversion as the company presses on with its skyline-altering renovations.

via New York Post|

#443-greenwich-st #construction-defects #lawsuits

real-estate2 days ago•2 min saved

California's first ADU condo sale opens a new path to ownership in San Jose

San Jose completed California's first accessory dwelling unit (ADU) sale to be owned as a separately titled condo—a 749-square-foot, two-bedroom unit that sold for $530,000 as part of an ADU condominium conversion under Assembly Bill 1033, signaling a potential new route to affordable homeownership in a high-cost market.

via ABC7 Bay Area|

#adu #assembly-bill-1033 #condominium-conversion

real-estate2 days ago•4 min saved

First ADU condo sale in California signals new path to ownership in San Jose

In San Jose, a 749-square-foot backyard ADU sold for about $530,000, making it the state’s first ADU condominium under Assembly Bill 1033 and pitched by officials as a new route to affordable homeownership in one of the nation’s most expensive housing markets.

via New York Post|

#adu #affordability #california

real-estate2 days ago•16 min saved

Gen Z's Housing Reality: Record Rates Living at Home Delay Homeownership

Gen Z is delaying homeownership with a record share of 25- to 34-year-olds living with parents or grandparents—nearly 20%, about 7.5 million people—as entry costs rise, starter homes shrink, and rents have jumped up to about 30% since 2020. Even many employed young adults face a housing-cost hurdle, not just a weak job market, leading economists to expect Gen Z to catch up to prior generations only once conditions improve.

via Business Insider|

#gen-z #homeownership #housing-affordability

business3 days ago•2 min saved

AI Wealth Triggers Historic Overbids in San Francisco Homes

San Francisco's AI-driven wealth surge is fueling a dramatic spike in home prices, with Compass data showing more than 140 homes selling for at least $1 million above asking in the first half of 2026 (44 in June), up sharply from prior years. The rush is linked to wealth from OpenAI/Anthropic-related activity and tightening inventory, pushing the median single-family price to about $2.2M and placing SF's market among the fastest, most expensive in the country as demand remains concentrated near AI employment centers.

via The Guardian|

#ai-boom #business #housing-market

real-estate3 days ago•0 min saved

Manhattan Office Leasing Surges to Two-Decade High, AI Drives Uptick

Manhattan office leasing climbed to 11.02 million sq ft in Q2, 29.4% above the 5-year average and 31.3% above the 10-year average, signaling the strongest demand in more than two decades for the first half of the year, with AI leasing reaching 800k sq ft in Q2, the largest quarterly AI-only increase and surpassing all AI leasing in Manhattan for 2025.

via CNBC|

#ai #leasing-volume #manhattan

real-estate3 days ago•4 min saved

San Francisco Real Estate Goes All-In on IPO Season

San Francisco’s housing market is in a hyper-bidding phase, with 144 homes selling for at least $1 million over asking in the first half of 2026 and May averages about 25% over asking, as buyers rush to secure properties ahead of AI/tech IPOs and lockups. Limited inventory, rising rents, and strong demand in luxury and downtown condos show the market heat shifting from Silicon Valley to San Francisco.

via The San Francisco Standard|

#bidding-wars #hyper-bidding #ipos

business4 days ago•4 min saved

Housing market tilts toward balance as buyers and sellers gain leverage

CNBC’s Q2 Housing Market Survey shows more agents (44%) report a balanced market, up from 30% a year earlier, signaling buyers and sellers are regaining leverage amid higher supply and easing prices. Price cuts dropped (57% vs 89%), but prices remain about 1% higher YoY; June asking prices fell 2.5% YoY. Contract cancellations declined to 40%. Mortgage rates fluctuated, with the 30-year fixed peaking near 6.75% in May and hovering around 6.6% since, while inventory rose to about 1.1 million listings. Overall optimism wanes: 19% expect sales to improve, 67% expect them to stay the same, with significant local variation and a push toward hyper-local data.

via CNBC|

#business #housing-market #inventory

business5 days ago•20 min saved

ADUs turn backyards into multigenerational hubs

State laws expanding accessory dwelling units (ADUs) are letting families live multigenerationally on one property, turning backyards into small compounds and boosting housing options. While California leads adoption and ADUs can serve as family homes or rentals, builders still face zoning hurdles and high costs; experts say ADUs have potential to stabilize families and expand housing stock, though data on scale is limited.

via The Washington Post|

#affordable-housing #business #housing