Tag

Real Estate

All articles tagged with #real estate

business15 hours ago•2 min saved

Arizona Ends Zillow-Redfin Non-Compete, Orders $2M to Restore Competition

Regulators say Zillow and Redfin secretly agreed not to compete in large-apartment listings, with Redfin ceding business to Zillow; the 2025 payout of $100 million is cited as part of the anticompetitive deal. Under the settlement, they must resume real competition: Redfin will list its own apartment units and drop exclusive listings, with a $2 million penalty and a ban on similar deals in the future, supported by the FTC and AGs from AZ, CT, NY, WA, and VA.

via AZ Family|

#antitrust #arizona #business

real-estate16 hours ago•6 min saved

Governor Newsom lists 8.2-acre Fair Oaks luxury estate for $7.5 million

Gov. Gavin Newsom and First Partner Jennifer Siebel Newsom have listed their 8.2-acre Fair Oaks estate for $7.5 million. The 12,663-square-foot Santa Barbara–style home sits on the property along the American River and includes a resort-style pool, tennis court, private casita, and wine cellar. Newsom bought the home for $3.7 million in 2018; the couple have since moved to Marin County and purchased a $9.1 million Kentfield estate in 2024.

via Sacramento Bee|

#california #fair-oaks #gavin-newsom

real-estate1 day ago•4 min saved

Ivy-Covered Roof Hides an Underground Ohio Home on the Market

An earth-sheltered home in Huron, Ohio, built mostly underground with an ivy- and myrtle-covered roof that must be mowed, is listed for $850,000. The 2,100-square-foot ranch sits on about eight acres along the Huron River and features skylights, three bedrooms, two baths, and ample natural light. The property includes a gazebo, a log cabin, a workshop, and about 250 feet of waterfront, with a 30-minute boat ride to Lake Erie; its price reflects its unique, one-off nature with few local comps.

via Realtor.com|

#earth-sheltered #ohio #real-estate

real-estate1 day ago•5 min saved

Grass-Covered Roof, Underground Ohio Home Hits the Market

An eight-acre, earth-sheltered home in Huron, Ohio, built largely underground with a grass- and ivy-covered roof that must be mowed, is listed for $850,000. Inside, it features a traditional 2,100-square-foot ranch with three bedrooms and two baths, ample natural light, waterfront access on the Huron River, and two outbuildings, making for a quirky yet comfortable property.

via New York Post|

#earth-sheltered #ohio #real-estate

real-estate2 days ago•38 min saved

Midwest Standing Ground: 134 Years of Affordable U.S. Home Prices Highlight St. Louis Advantage

A Fed-backed study analyzing 2.7 million listings from 1890–2006 shows St. Louis, and the Midwest, have stayed far more affordable than coastal cities over 134 years. Inflation-adjusted prices in St. Louis rose about 6%, versus about 1,000% in San Diego/Los Angeles and 354% nationally, due to long-running housing supply, abundant land, slower population growth, and zoning differences. Today St. Louis County median prices are ~$313k and the City ~$240k, with rents near $1,200 and typical 30-year mortgage payments around $1,500 after a down payment and current rates, and roughly 60% of area homes remain affordable per Zillow.

via MarketWatch|

#fed-philadelphia-study #housing-affordability #housing-supply

real-estate2 days ago•48 min saved

Sunshine State Lures Billionaires as West Coast Tax Proposals Trigger Exodus

Wealthy tech founders are pulling up stakes from California and Washington to Florida to dodge proposed wealth taxes and benefit from no income tax and a business-friendly climate, pouring hundreds of millions into Florida luxury real estate and fueling a high-end market in Miami; the shift could also undermine California's $100 billion tax goal, with movers like Larry Page, Sergey Brin, Jeff Bezos, Mark Zuckerberg, Larry Ellison, Ken Griffin, Peter Thiel, and Howard Schultz buying property or relocating operations.

via Fortune|

#billionaires #florida #migration

business2 days ago•5 min saved

Zuckerberg Expands Global Real Estate with Irish Castle Purchase

Meta CEO Mark Zuckerberg bought Strancally Castle, a 19th‑century Gothic estate near Meta’s Irish headquarters in Waterford, for roughly €20–€30 million. The 16,000‑square‑foot, three‑story mansion sits on about 440 acres and underscores the billionaire’s growing international real estate footprint beyond California.

via Los Angeles Times|

#business #ireland #mark-zuckerberg

business7 days ago•337 min saved

AI windfalls turbocharge San Francisco housing market

AI wealth is fueling a San Francisco housing frenzy, with the median home price near $1.7 million and sales often exceeding asking prices by millions as new AI millionaires bid alongside tech workers. Rentals are rising, inventory is tight, and cash deals are more common in the Bay Area. The trend is helped by a rebound in SF population after the pandemic and could accelerate further if AI IPOs (OpenAI/Anthropic) unleash windfalls, potentially even allowing sellers to accept stock as payment.

via CNN|

#ai #business #housing-market

real-estate9 days ago•5 min saved

Tuscan Villa Nove: Napa-Style Winery Life in Tennessee for $7.9M

A Tuscan-inspired 33.5-acre winery estate in Butler, Tennessee, Villa Nove is for sale for $7.9 million, featuring a 5,218-square-foot main home, a renovated 1,388-square-foot farmhouse, a commercial kitchen and restaurant space, a production facility, tasting room, and eight acres of vineyards producing about 8,000 bottles a year. The property can function as a turnkey winery, scenic wedding venue, or luxurious residence, offering a California-style vineyard lifestyle at Tennessee prices.

via Realtor.com|

#estate #real-estate #tennessee

real-estate10 days ago•24 min saved

Staten Island’s White House-style mansion hits the market for $13.995M

Infamous Gambino boss Paul Castellano’s White House–style Todt Hill mansion on Staten Island is back on the market for $13.995 million (down from $18 million). The 33,000-square-foot estate on about 1.56 acres features eight en‑suite bedrooms, 17 bathrooms, 25 rooms, two kitchens, indoor and outdoor Olympic-sized pools, a 13-car garage, home theater, gym, beauty salon, wine cellar, solarium and Verrazzano Bridge views; the current owner has expanded and upgraded it since Castellano’s era.

via New York Post|

#luxury-homes #mob-history #paul-castellano

real-estate11 days ago•22 min saved

July 2026 housing market tilts toward sellers despite buyer drought

Redfin’s July 2026 snapshot shows a buyer drought and a seller-heavy national picture: about 967,000 active US buyers—the lowest since Redfin began tracking—roughly 34% fewer buyers than sellers, with mortgage rates at a year-high that keep monthly payments uncomfortable. Nationwide, sellers outnumbered buyers by about 51.3%, though most metros (39 of 49) were still ranked as buyer’s markets. Nassau County, NY led as the strongest seller’s market, while Texas Sun Belt metros (Houston, San Antonio, Austin) posted 100%+-plus seller advantages as new homebuilding comes online. In short, affordability pressures and rising rates are cooling demand, making many markets tougher for buyers and, in some areas, more favorable to sellers.

via New York Post|

#affordability #housing-market #mortgage-rates

real-estate11 days ago•16 min saved

Buyers Grab Leverage as U.S. Homebuying Drops to a July Record Low

Redfin's July housing report shows a record gap: about 51% more sellers than buyers nationwide (966,752 buyers vs 1,462,921 sellers), with 39 of 49 metros in buyer's markets; Miami, Nashville and several Texas metros lead, as high mortgage rates curb demand and give remaining buyers more negotiating power, suggesting a Labor Day window could be favorable for deals.

via Yahoo Finance|

#buyers-market #housing-market #july-2026

real-estate11 days ago•12 min saved

Cracking housing prices spark 2008 echoes, warns veteran economist

Veteran economist David Rosenberg says the US housing market is flashing a crisis-era warning: existing-home sales have slowed to levels near those before the 2008 crash, inventories are rising and prices are cracking, with a possible 2% drop that could sap the wealth effect and curb consumer spending even as median prices stay high.

via Yahoo Finance|

#2008 #david-rosenberg #great-financial-crisis

real-estate13 days ago•1 min saved

Peabody, MA Tops Realtor.com's 2026 Hottest ZIP Codes List

Realtor.com named Peabody, Massachusetts the nation's hottest ZIP code for 2026, driven by strong buyer demand and rapid sales. Median listing price was about $667,000 in June, over $230k above the national norm but roughly 20% below the Boston metro average, with homes typically on the market for about 20 days and selling for slightly over asking. Experts cite downtown vitality, highway access, and comparatively low taxes as key factors; Westfield, MA ranks fifth, and New Haven, CT is the other New England entry in the top 10, underscoring ongoing demand despite affordability challenges in the region.

via Boston 25 News|

#hottest-zip-codes-2026 #housing-market #massachusetts-real-estate

real-estate13 days ago•12 min saved

Housing Market Slump Deepens as Listings Jump to Multi-Year Highs

July existing single-family home sales fell 1.9% to a 3.69 million annual pace, pushing the market deeper into a slump as inventory rose to 4.6 months—the highest since 2016—while condo supply reached a 14-year high. Mortgage rates sit around 6.69% amid persistent inflation, dampening demand even as the national median price rose 1.9% year over year to $440,300 and regional prices showed wide variation.

via Wolf Street|

#housing-market #inventory #mortgage-rates