Legendary singer Billy Joel is having a roller-coaster ride on the real estate market of late—finding success with the sale of one home, while another has just undergone a hefty $4.9 million price cut. The 76-year-old crooner has been trying to sell a large portion of his Long Island estate since early March, when it … Read more
Dan Dagesse, the head of a Northeast car dealership empire, sold his Stone Creek Ranch mansion for $30.5 million. It’s a steep price cut from the $47.5 million Degasse listed it for in May. Records show his LLC sold the home at 16101 Quiet Vista Circle in unincorporated Palm Beach County to David M. and … Read more
A Marion Sims Wyeth-designed compound in Palm Beach’s Estate Section has just hit the market for $59 million—just over a year after it was purchased by two neighbors who planned to raze the Florida property and split the parcel to expand their respective dwellings. The nine-bedroom estate, which is nestled in the Trump security zone … Read more
An information technology CEO from Maryland sold a waterfront Manalapan mansion for $17.1 million, four years after listing it for $34.9 million. Records show Charles M. Adams sold the home at 110 Churchill Way to Martin and Jean Shafiroff in an off-market deal. Martin Shafiroff is a wealth management adviser. He left his longtime position … Read more
The share of homebuilders offering price cuts on newly built homes reached a new five-year high in November, as builders grappled with headwinds from economic uncertainty. This month, 41% of builders reported cutting prices, a record high in the post-Covid period, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Tuesday. The … Read more
A sprawling 4.2-acre seaside Palm Beach, FL, estate that was once owned by Aldo Gucci, former chairman of the luxury fashion brand, has just hit the market for $205 million—seeking to set a record for the most expensive home ever sold. The 14,496-square-foot megamansion, which is located near the Palm Beach Inlet, is currently owned … Read more
A Cape Cod cottage that earned viral fame thanks to its risky location at the edge of a crumbling ocean cliff has found itself a bravehearted buyer just two months after it was listed—even as an adjacent blufftop property had its asking price chopped to just $99,000. The first property, which is located at 153 … Read more
Pittsburgh has been getting some buzz lately, especially after “The Pitt,” the medical drama set in the city, snagged the Emmy for Best Drama Series. Now, Steel City is back in the news—this time for its standout housing affordability, which is attracting a wave of new homebuyers. “In October, Pittsburgh remained the lowest-priced large U.S. … Read more
The Senate bill to reopen the federal government is headed to the House for a final vote, bringing an end of the longest shutdown in U.S. history closer—as the economic toll from the disruption continues to mount. The length of time it takes the Republican-controlled Congress to pass the funding package could cost the economy … Read more
It a real estate rarity to find a home that feels both opulent and cozy, yet that is exactly what buyers will discover at an extraordinary dwelling nestled on a stunning 17-acre plot in Aspen, CO. As it turns out, the combination of over-the-top luxury and true serenity does not come cheap; even after the … Read more