The ‘Subscription’ Home: The Rise of the Luxury Real Estate Waiting List

The ultra-wealthy are finding new ways to shop for their dream homes—they’re “subscribing” to developers and joining waiting lists instead. By joining a waiting list, buyers aren’t just waiting for a house:... Read more »
Local fees trap state housing affordability reforms in a vicious circle

Local fees trap state housing affordability reforms in a vicious circle

Procedural and zoning barriers are proving to be only the beginning of the gauntlet for adding new ground-up residential supply to America’s housing-starved communities. While removing red tape and outdated zoning laws... Read more »
New Suit Pits Oppenheim Group Against Paul Daftarian

New Suit Pits Oppenheim Group Against Paul Daftarian

Getting along can be hard to do in Southern California’s ultra competitive high end.  In the latest example, the Oppenheim Group sued OC luxury agent Paul Daftarian, his brokerage and the sellers... Read more »
22-Foot-Wide Brooklyn Townhouse With Private Estate-Inspired Garden Lists for .8 Million

22-Foot-Wide Brooklyn Townhouse With Private Estate-Inspired Garden Lists for $7.8 Million

A modernized Brooklyn townhome located in the Boerum Hill Historic District with gorgeous park-like private garden has just hit the market for $7.8 million. Built in the 1850s by William Alexander and... Read more »
Angel Oak targets HELOCs to broaden non-QM lending

Angel Oak targets HELOCs to broaden non-QM lending

Another product with potential to expand the non-QM universe — traditionally dominated by bank-statement and debt-service-coverage ratio (DSCR) loans — is the home equity line of credit (HELOC). Today, HELOCs represent about... Read more »

Why Park City?

If you work in luxury real estate long enough, you start to recognize the moments—those rare, electric inflection points when a market shifts from being simply desirable to becoming utterly magnetic. Park... Read more »
Niagara Falls Is Hundreds of Miles From an Ocean but Still Tops This List of Popular Summer Places

Niagara Falls Is Hundreds of Miles From an Ocean but Still Tops This List of Popular Summer Places

As spring and summer near, investors are turning their attention to beach houses, hoping to profit from the wave of seasonal visitors booking Airbnb and other short-term rentals. You may not think... Read more »
Negative jobs report keeps mortgage rates calm amid surging oil prices 

Negative jobs report keeps mortgage rates calm amid surging oil prices 

From BLS: Total nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment in health... Read more »
OpenAI Backlash, McDonald’s Memes And Ford’s F1 Return: Trending

OpenAI Backlash, McDonald’s Memes And Ford’s F1 Return: Trending

What if the biggest threat to your brand isn’t what you do — it’s how people feel about what you do? The internet doesn’t just react to decisions anymore. It judges them.... Read more »
Developer Buys Abandoned Resort in the Hudson Valley and Vows To Restore It to Its Glory Days

Developer Buys Abandoned Resort in the Hudson Valley and Vows To Restore It to Its Glory Days

A developer hopes to bring the old magic back to an abandoned Catskills resort that was once considered iconic. The formerly majestic Nevele Grand Hotel (also known as Nevele Country Club) in... Read more »