Mostly Cloudy 71°
Real Estate
Builder Confidence Sinks Near Pandemic Low As Trump Tariffs Worry Homebuyers Builder Confidence Sinks Near Pandemic Low As Trump Tariffs Worry Homebuyers
Builder Confidence Sinks Near Pandemic Low As Trump Tariffs Worry Homebuyers Homebuilder confidence just sank to its third-lowest level since 2012 as President Donald Trump's sweeping tariffs and stubbornly high mortgage rates scare off prospective homebuyers. Builder sentiment dropped two points to 32 in June, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Thursday, June 17. That's barely above the readings of 31 in December 2022 and 30 in April 2020. In the Northeast, sentiment slipped one point to 43 on a three-month moving average. A score above 50 means more builders see conditions as good than poor…

SHARE

by Chris Spiker
Real Estate
Estate Featured In Netflix’s 'Zero Day' Starring Robert De Niro Listed For $15M Estate Featured In Netflix’s 'Zero Day' Starring Robert De Niro Listed For $15M
Estate Featured In Netflix’s 'Zero Day' Starring Robert De Niro Listed For $15M A stunning estate featured as a key filming location in the Netflix thriller series "Zero Day" is now on the market for $15 million. Known as Rabbit Hill, the 22-acre Westchester estate at 842 Sleepy Hollow Road in Briarcliff Manor blends old-world grandeur with modern comfort and cinematic appeal, according to its listing by Compass.  Originally built in 1929 and restored in 2016, the Georgian-style mansion recently served as a principal location for "Zero Day," a political conspiracy drama that aired in February 2025 and stars Robert De Niro, who also co-created the show.  The…

SHARE

by Ben Crnic
Real Estate
Home Listings Surge To Record $698 Billion As Buyers Back Off Home Listings Surge To Record $698 Billion As Buyers Back Off
Home Listings Surge To Record $698 Billion As Buyers Back Off A swelling supply of unsold homes and a slowdown in buyer activity have sent the housing market to a record high — $698 billion in total listings, the largest dollar value seen in more than a decade. That figure, reported by Redfin, is based on the combined asking prices of all active home listings across the US at the end of April. It marks a 20.3 percent increase from one year ago, and the highest value since Redfin began tracking the data in 2012. Much of that growth is driven by stale inventory. More than $330 billion worth of homes have sat on the market for 60 days or longer, accordin…

SHARE

by Joe Lombardi
Real Estate
Ravens Star Justin Tucker Puts $3.2M Maryland Home On Market After Release Over Scandal Ravens Star Justin Tucker Puts $3.2M Maryland Home On Market After Release Over Scandal
Ravens Star Justin Tucker Puts $3.2M Maryland Home On Market After Release Over Scandal Former Baltimore Ravens star kicker Justin Tucker’s Maryland home is set to hit the market as he prepares to hit the road. The embattled special teams star has reportedly listed his 6,480-square-foot Owings Mills home for sale for $3.2 million.  It features five bedrooms and seven bathrooms, according to the listing. The property’s HOA fees are $1,874 per year, and real estate taxes are $18,152 annually, the listing states. The exterior includes a grilling area, an outdoor pool with multiple seating areas and a converted patio with an outdoor fireplace. "Absolute perfection in W…

SHARE

by Zak Failla
Real Estate
Zillow To Block Listings That Violate New Rules: Here’s What Gets You Banned For Life Zillow To Block Listings That Violate New Rules: Here’s What Gets You Banned For Life
Zillow To Block Listings That Violate New Rules: Here’s What Gets You Banned For Life Zillow is cracking down on how real estate listings are shared, and agents who break the rules could see their listings blocked from the site for good. Starting June 30, any listing that violates Zillow’s new Listing Access Standards may be permanently removed from both Zillow and Trulia, the company said in a public announcement posted May 20. The standards are based on a simple rule: If a listing is marketed to some buyers, it should be marketed to all buyers, Zillow said. The standards are designed to support transparency and fair access, and mirror the National Association of Realtors’…

SHARE

by Cecilia Levine
Real Estate
Home Sales Suffer Slowest April Since 2009 Amid Trump Tariffs, Rising Mortgage Rates Home Sales Suffer Slowest April Since 2009 Amid Trump Tariffs, Rising Mortgage Rates
Home Sales Suffer Slowest April Since 2009 Amid Trump Tariffs, Rising Mortgage Rates Home sales fell for the second straight month in April, dropping to their slowest pace for the month since the global financial crisis more than 15 years ago. Existing-home sales slipped 0.5% from March to a seasonally adjusted annual rate of four million homes, the National Association of REALTORS (NAR) said on Thursday, May 22. The median price for an existing home rose to $414,000, setting a new April record and marking the 22nd straight month of annual price increases. Sales hit their slowest April pace since 2009, CNBC reported. They were down 2.0% from April 2024, despite ho…

SHARE

by Chris Spiker
Real Estate
Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn
Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn Homebuilders are warning about a slow spring due to President Donald Trump's sweeping tariffs and high interest rates, according to a new survey. Builder confidence dropped sharply in May, falling to 34 on the National Association of Home Builders/Wells Fargo Housing Market Index released on Thursday, May 15. That's down six points from April, matching the low from November 2023 and marking the worst reading since December 2022. In the Northeast, sentiment slipped three points to 44 on a three-month moving average. A score above 50 means more builders see conditions as good than p…

SHARE

by Chris Spiker
Real Estate
‘Jersey Shore’ Star Angelina Pivarnick Is Selling Her NJ Home For Just Under $1.8M ‘Jersey Shore’ Star Angelina Pivarnick Is Selling Her NJ Home For Just Under $1.8M
‘Jersey Shore’ Star Angelina Pivarnick Is Selling Her NJ Home For Just Under $1.8M Angelina Pivarnick, one of the original cast members of MTV’s "Jersey Shore," has listed her New Jersey mansion — and it’s going for a cool $1.799 million The four-bedroom, five-bathroom home sits at 3 Bowers Drive in the exclusive Clayton Farms community of Freehold. Pivarnik reportedly moved into the house in 2021. According to the listing, the home spans over 5,500 square feet and sits on a 1.1-acre premium lot. It's packed with high-end finishes — including a custom resort-style yard with a pool. The home, listed by Aleksandr Pritsker of EXP Realty, features a butterfly staircase, two-…

SHARE

by Cecilia Levine
Real Estate
$2.5M Pennsylvania Mansion With Private Pool, Tennis Court, And 8,700 Square Feet Hits Market $2.5M Pennsylvania Mansion With Private Pool, Tennis Court, And 8,700 Square Feet Hits Market
$2.5M Pennsylvania Mansion With Private Pool, Tennis Court, And 8,700 Square Feet Hits Market An extraordinary piece of Doylestown history offering nearly 8,700 square feet of living space has just hit the market for $2.5 million. Known as "The Barrens," the prestigious estate at 2185 South Easton Road was meticulously constructed between 1912 and 1915 using innovative reinforced concrete, a groundbreaking technique for the time. The home is nestled on a sprawling 3.41-acre property featuring manicured grounds, fountains, and a pergola accented with iconic Mercer tiles. Behind a gated entrance and circular driveway, the mansion opens with a grand front porch leading into an impressi…

SHARE

by Jillian Pikora
Real Estate
$25M Beachfront Resort Approved For Jersey Shore Town — All It Needs Is A Developer $25M Beachfront Resort Approved For Jersey Shore Town — All It Needs Is A Developer
$25M Beachfront Resort Approved For Jersey Shore Town — All It Needs Is A Developer A developer’s dream is officially on the market — and it's just steps from the sand. The Soleil Resort, a fully approved $25 million luxury condo-hotel planned for one of Ocean City’s last remaining beachfront lots, is now up for grabs — and the only thing missing is someone ready to build it. Located at 1101 Ocean Ave., right next to the historic Flanders Hotel, the project includes 111 luxury two- and three-bedroom units, all roughly 1,100 square feet with balconies and either ocean, bay, or pool views. The site comes with a CAFRA permit and planning board approval already in hand, meanin…

SHARE

by Cecilia Levine
Real Estate
Doo Wop Lovers Mourn As Iconic NJ Motel Faces Wrecking Ball For Redevelopment Doo Wop Lovers Mourn As Iconic NJ Motel Faces Wrecking Ball For Redevelopment
Doo Wop Lovers Mourn As Iconic NJ Motel Faces Wrecking Ball For Redevelopment A cherished piece of New Jersey history is set to be demolished. The North Wildwood Zoning Board voted 7-2 to approve a plan to replace the Chateau Bleu Motel with three single-family homes, the Doo Wop Preservation League announced Thursday, March 20. The decision, announced by the Doo Wop Preservation League on March 20, 2025, marks the loss of one of the East Coast’s finest examples of mid-century resort architecture, the organization said. ‘A Special Place That Brings a Smile’ Unfortunately, The historic Chateau Bleu (listed on the National Register of Historic Places) will be…

SHARE

by Cecilia Levine
Real Estate
Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why
Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why New home prices could jump by as much as $10,000 because of President Donald Trump's tariffs, industry leaders warn. The National Association of Home Builders (NAHB) estimates that Trump's tariffs could increase prices by $7,500 to $10,000 per new single-family home. The trade group said the estimate is based on reports from members planning for tariff-related price hikes. Trump imposed a 25 percent tariff on Canadian and Mexican goods on Monday, Mar. 4, as well as 20 percent duties on Chinese imports. Two days later, he announced the tariffs would be paused for products covered by the…

SHARE

by Chris Spiker
Real Estate
Trump Administration Selling Off 12 'Non-Core' Federal Spaces In Pennsylvania Trump Administration Selling Off 12 'Non-Core' Federal Spaces In Pennsylvania
Trump Administration Selling Off 12 'Non-Core' Federal Spaces In Pennsylvania The Trump administration is putting some of the largest and most well-known federal buildings up for sale. The move is all in an effort to eliminate waste, slash maintenance costs, and reinvest in more efficient spaces, according to the U.S. General Services Administration (GSA). Officials have identified hundreds of "non-core properties" totaling millions of square feet that no longer serve essential government functions and are now up for grabs. “Selling ensures that taxpayer dollars are no longer spent on vacant or underutilized federal spaces,” federal officials said. “Disposing of the…

SHARE

by Zak Failla
Real Estate
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…

SHARE

by Chris Spiker
Real Estate
$12.5M Bayfront Beauty: NJ Beach Estate Has 5-Stop Elevator, Rooftop Deck $12.5M Bayfront Beauty: NJ Beach Estate Has 5-Stop Elevator, Rooftop Deck
$12.5M Bayfront Beauty: NJ Beach Estate Has 5-Stop Elevator, Rooftop Deck If paradise were an address, it would be 11605 Paradise Drive. Listed at a jaw-dropping $12.495 million, this Stone Harbor estate is a boater’s dream, a beach lover’s haven, and an entertainer’s playground. Located on Paradise Bay, this 6-bedroom, 6-bathroom masterpiece blends modern luxury with seaside charm, offering 2,000 square feet of deck space to take in the sweeping bayfront sunsets. The first floor is all about comfort and fun. Five custom ensuite bedrooms—including a bunk room—offer space for the whole crew. The family room comes fully stocked with a wet bar, wine fridge, and ice …

SHARE

by Cecilia Levine
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 …

SHARE

by Chris Spiker
Real Estate
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics Homebuyers are increasingly considering political leanings when choosing neighborhoods, according to a brand-new report.  Real estate agents note that clients prioritize communities aligning with their political views, seeking compatibility beyond traditional factors like schools and safety, the Axios story says. This trend may lead to more politically homogeneous neighborhoods, potentially impacting local governance and community interactions. Additionally, new real estate platforms, such as Oyssey, provide insights into neighborhood political affiliations, further enabling buyers to…

SHARE

by Joe Lombardi
Real Estate
Live Like Legends: Muhammad Ali, Kobe Bryant's Family Once Called This Philly Home Theirs Live Like Legends: Muhammad Ali, Kobe Bryant's Family Once Called This Philly Home Theirs
Live Like Legends: Muhammad Ali, Kobe Bryant's Family Once Called This Philly Home Theirs A Philadelphia home steeped in sports history has hit the market, offering potential buyers a unique opportunity to own a property once connected to two legendary athletes. Located at 1835 N. 72nd Street in the Overbrook Park neighborhood, this residence was home to boxing icon Muhammad Ali in the early 1970s and later to the grandparents of NBA superstar Kobe Bryant. In 1970, Muhammad Ali purchased the three-bedroom, two-and-a-half-bathroom house as a personal retreat and training base. During his time there, Ali prepared for significant bouts, including the famed "Fight of the Century" aga…

SHARE

by Jillian Pikora
Real Estate
Entrepreneurs Struggling To Sell $27M South Jersey Mansion Prepare To Auction It Off Entrepreneurs Struggling To Sell $27M South Jersey Mansion Prepare To Auction It Off
Entrepreneurs Struggling To Sell $27M South Jersey Mansion Prepare To Auction It Off A massive South Jersey mansion that had been listed for just under $25 million is weeks away from being auctioned off. The home at 2801 Riverton Road in Moorestown was listed for a reserve price of $10 million with Kevin Steiger of Kurfiss Sotheby's International Realty.  The 40,000-square-foot mansion is owned by pharmacological entrepreneurs Calvin and Orsula Knowlton, who had been struggling to find a buyer, Steiger confirms.  The mansion epitomizes opulence with multiple elevators, four floors, six fireplaces, a pub or tavern, a home gym and sauna, pu…

SHARE

by Cecilia Levine
Real Estate
Tech Genius' $5.5M Mansion Hits New Jersey Market Tech Genius' $5.5M Mansion Hits New Jersey Market
Tech Genius' $5.5M Mansion Hits New Jersey Market A mansion inspired by Hindu architectural philosophy and once owned by a tech mogul is up for sale in Burlington County. The six-bedroom, 11-bathroom home is listed for $5.5 million and is located on Tom Brown Road in Moorestown, according to a real estate listing from Compass Realty's Melissa Young.  The 11,250-square-foot home was designed by Indian American tech mogul Dinesh Desai, the founder of Emtec who died in March, according to his obituary from Wooster Funeral Home. The home is compliant with Vastu, a Hindu system of interior design that intends to create…

SHARE

by Chris Spiker
Real Estate
$3.25M Home With Private Airstrip, Indoor Pool Hits Bucks County Market $3.25M Home With Private Airstrip, Indoor Pool Hits Bucks County Market
$3.25M Home With Private Airstrip, Indoor Pool Hits Bucks County Market A sprawling estate in rural Bucks County can be yours for a cool $3.25 million.  305 Elephant Path in Perkasie was listed for sale this week for the first time since 1999, according to its Zillow listing. The realtor is Ben Davies of Century 21 Longacre Realty. Built in 1989, the four-bedroom home features four and a half bathrooms across 7,900 square feet.  Inside, "grand living spaces" accompany a bar, wine storage, and an indoor swimming pool.  Elsewhere on the 15.10-acre lot are a detached three-car garage and a pond with a stream and a bridge. &…

SHARE

by Mac Bullock