The Real Deal - New York Real Estate News

Real Housewives star Richards, broker husband Umansky to sell Aspen home

Posted: 19 Jun 2022 12:00 PM PDT

An Aspen home central to some reality TV drama is hitting the market for almost $10 million. “Real Housewives of Beverly Hills” star Kyle Richards and her husband, luxury real estate broker Mauricio Umansky, listed the Colorado vacation home after almost six years of ownership, Dirt.com reported. The couple bought the East Hyman Avenue home for $4.2 million in 2016. The 2,426-square-foot home, in the heart of downtown Aspen, was the setting for some yet-to-be-aired

All dogs go to Antioch

Posted: 19 Jun 2022 09:00 AM PDT

It’s no barking matter: Dog-friendliness is now a thing in real estate. An analysis from Zillow and Rover determined that Antioch, Tennessee is the nation’s fastest-growing dog-friendly city. The analysis looked at registered dog-owner accounts on Rover and page views for pet-friendly single-family rentals on Zillow. Antioch had the biggest surge of accounts at Rover, a pet-sitter and walker site, from June 2021 to March 2022. One big draw is Antioch Park, where page views

Florida Panhandle estate sold for $25M

Posted: 19 Jun 2022 06:00 AM PDT

An 11-acre Florida Panhandle estate first owned by a Louisiana oil family has been sold for $25 million, setting a record for a single-family home transaction for the region. The off-market deal closed June 6, according to Luxury Portfolio International, which brokered the sale along with Florida’s Premier Property Group. The buyer, known only as Miramar Holdings LLC, may parcel the land into multiple luxury homes, each with access to the beach. “There is little

About Fed Chair Jerome Powell’s housing “reset”

Posted: 18 Jun 2022 02:51 PM PDT

Just how will the Federal Reserve’s .75 percentage-point increase in interest rates affect the price of homes? Well, according to chairman Jerome Powell, who spoke about the situation on Wednesday, homebuyers “need a bit of a reset” until supply can catch up to demand. In an analysis of how the new, higher rates could influence the bottom line of home sales, Fortune’s Lance Lambert suggests the move could result in less expensive housing — and

Mind your manor: Hollywood actor moves to England to renovate ancestral castle

Posted: 18 Jun 2022 12:03 PM PDT

It has all the makings of a made-for-HGTV movie. A handsome Hollywood actor and producer whose only experience in home renovation ended with him almost in tears while trying to figure out how to use the stick-on tiles for the bathroom floor of his L.A. abode packs up and moves to England to renovate a giant, decrepit manor house that had been in his family for nearly 400 years. Hilarity, of course, ensues. Only, according

Factory-made homes get a push with Washington showcase

Posted: 18 Jun 2022 12:00 PM PDT

Could your next home come from a factory? That was the idea behind a three-day showcase at the National Mall in Washington, where industry and government officials touted manufactured homes as a cheaper and faster way to build affordable homes, Bloomberg reported. One example, a frame for a two-story house took just nine hours to erect, compared with weeks for a traditional home. Another, a two-bedroom, two-bathroom, entry-level Pegasus model from UMH Properties, is 1,035

Spaceship-style home of late radio psychic comes to market

Posted: 18 Jun 2022 09:00 AM PDT

A spaceship-styled home built for a Chicago radio psychic landing on the market again in July – for a lot less. The four-bedroom, 4,000-foot home on five acres near Somonauk, 65 miles southwest of the city, is asking about $600,000, according to Crain’s. That’s down from the $680,000 asking price when the home, which once rotated, hit the market in September before the listing was removed in April. The dome-shaped house was built 20 years

Historic Cape Cod mansion lists for first time — at a record-breaking price

Posted: 18 Jun 2022 08:43 AM PDT

A Massachusetts mansion in North Chatham on Cape Cod is being offered for the first time in 80 years — at what would be a record-breaking price. Mansion Global is reporting the owners of the retreat, named High Scatterlee, are now seeking $16.9 million for the nine-bedroom, seven-bathroom, and two-half-bath home after initially offering it for $18.8 million back in March. Built in 1939 for a family from Philadelphia, the home on a bluff overlooking

Ex-Afghan officials living in luxury properties

Posted: 18 Jun 2022 06:00 AM PDT

As many Afghans who were forced to flee struggle to make a new start overseas, former top government officials can’t relate. Officials who served under President Ashraf Ghani have landed luxury trappings since leaving the nation, the Wall Street Journal reported. The high-end contrast with overcrowded units that many citizens who fled violence as the U.S. left after spending billions of dollars to prop up the country. Ghani allegedly took government money when he fled