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Home Sales

Real Estate
US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …

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by Chris Spiker
Real Estate
NJ Home By Architect Who Designed MoMA Hits Real Estate Market NJ Home By Architect Who Designed MoMA Hits Real Estate Market
NJ Home By Architect Who Designed MoMA Hits Real Estate Market A home designed by the architect who also designed the Museum of Modern Art and Radio City Music Hall is up for sale in Montclair. The asking price of the home designed by Edward Durell Stone in 1959 is $949,000. Floor-to-ceiling window views include New York City's iconic skyline, according to its listing. The 2,200-square-foot home is nestled in a wooded canopy on First Mountain. The kitchen opens to a deck and patio. A loft overlooks the living room and is perfect for an office.  With just one owner for more than 50 years, the home has been meticulously maintained, the listing sa…

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by Jon Craig
News
OFF THE MARKET: Teresa & Joe Giudice's North Jersey Mansion May Finally Have A Buyer OFF THE MARKET: Teresa & Joe Giudice's North Jersey Mansion May Finally Have A Buyer
OFF THE Market: Teresa & Joe Giudice's North Jersey Mansion May Finally Have A Buyer Joe and Teresa Giudice's North Jersey mansion may finally have a buyer after months on the market. An offer was made Monday for the 10,000-square-foot home in the Towaco section of Montville, which is under contract, the New York Post reports. Joe and Teresa, who recently finalized their divorce, purchased the Indian Lane home in 2002 for $530,000. The couple raised their children in the home until they were convicted and jailed in 2014 for bankruptcy fraud and other related charges. The home was originally listed at $2.5 million, but he price was slashed last January to just under $2.25…

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by Cecilia Levine