The Real Deal - New York Real Estate News

Here’s why there are more real estate agents now than ever before

Posted: 06 Mar 2022 11:00 AM PST

Thousands are seeking their license to sell. More than 156,000 people became real estate agents in 2021 and 2020 combined — nearly 60 percent more than the two previous years — as Americans looking for work during a pandemic found a hot housing market as an answer to their prayers. The New York Times is reporting there are more real estate agents now than ever before and even more could be on the way: the

Red scare: Wealthy Russians fear asset seizures over war

Posted: 06 Mar 2022 09:18 AM PST

They’re rushin’ to sell their real estate. Wealthy Russians who own property in the United States are looking to sell out, a high-profile luxury real estate broker told Fortune magazine this week. Dolly Lenz, one of the highest-producing residential brokers in New York, told the magazine she has been inundated with requests from Russian clients looking to offload their properties lest they get caught in the international financial crossfire of the war with Ukraine. And

Nod off in a pod after a hard day on the ski slopes

Posted: 06 Mar 2022 09:00 AM PST

Skiers and snowboarders weary of getting wacked by high-priced accommodations after a bruising day on the slopes can now slip into a far cheaper pod hotel with rooms scarcely big enough to fit a bed. As ski resorts move upscale, Japanese-style pods are sprouting, offering a boutique vibe that includes high-thread count linens and creative design aesthetics, all for far less than traditional slopeside hotels, the Wall Street Journal reported. The down side: They share