archiveresidential real estate

As the saying goes, a rich man is nothing but a poor man with money — and real estate.  More than 13% of the country’s real estate assets are owned by the wealthiest 1% of Americans — a circumstance that significantly enriched the well-heeled over the past two years of sky-high rates and housing shortages. The 1% has been so enriched, a recent Redfin analysis revealed, that their combined wealth could now feasibly purchase almost every home in the nation. The analysis further concluded that the top 0.1% alone could purchase...

The Midwest is known for good manners and kind strangers, but hopeful renters shouldn’t be fooled. When it comes to finding the right lease, Midwestern cities are among the most cutthroat places in the country. Much to the shock of shoebox-dwelling New Yorkers and cash-strapped Angelenos, it’s the Midwest, not the East or West coasts, that occupies 50% of the top spots for the country’s hottest rental markets in early 2025, according to a new report by RentCafe. CNBC first reported on the study. Ten out of 20 of the...

Looking for a one-of-a-kind Cape house? A church dating back nearly 200 years on Cape Cod, Massachusetts has been repurposed as a home, and it's now for sale.The 3,400-square-foot, three-bedroom home in the town of Yarmouth Port was recently listed for sale for $1,990,000, according to the property listing.The home is unique enough to be recently featured on popular Instagram account "Zillow Gone Wild.""I know it (isn't) SUNDAY but this #zgwCHURCHSUNDAYS couldn’t wait because this Yarmouth Port, MA goth revival church built in 1836 has one of "New England’s oldest working organs”...

President Donald Trump is swinging the axe at government waste, eyeing a blockbuster sell-off of 443 federal properties spanning 47 states, DC and Puerto Rico. The move, aimed at gutting the bloated federal workforce and the pricey buildings they occupy, could dump nearly 80 million square feet of commercial space — 12 times the Pentagon’s footprint — onto the market. The General Services Administration (GSA) dropped the staggering list of “non-core” assets on Tuesday, spotlighting a haul that could save taxpayers a cool $430 million a year in upkeep costs,...