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A New Record: 1 in 10 Homes Are Worth $1 Million or More

A New Record: 1 in 10 Homes Are Worth $1 Million or More

by Phil Hall | Aug 16, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Million-dollar homes have become more commonplace than ever before, as new data from Redfin (NASDAQ:RDFN) determined nearly one in 10 (8.5%) homes are worth $1 million or more, a record high. The current figure is up 7.6% year-over-year and more than double the 4%...
Toll Brothers Opens Luxury Apartment Community in Dallas Suburb

Toll Brothers Opens Luxury Apartment Community in Dallas Suburb

by Phil Hall | Aug 9, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers Inc. (NYSE: TOL), has partnered with Equity Residential for the opening of Remy, a luxury apartment community in the Dallas suburb of Frisco, Texas. The new community features 357 studio, one-, and...
All Units Sold at NYC Luxury Condo Giorgio Armani Residences

All Units Sold at NYC Luxury Condo Giorgio Armani Residences

by Phil Hall | Jul 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

SL Green Realty Corp. announced the sellout of the luxury Giorgio Armani Residences on Manhattan’s Upper East Side. According to the company, all 10 residential units within the condominium project are now under contract for gross consideration totaling $168.2...
Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

by Phil Hall | Jul 15, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The widow of Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs has broken a San Francisco record for the city’s most expensive home purchase. The Wall Street Journal, citing unnamed “people familiar with the transaction,” reports that Laurene Powell Jobs paid...
Elle to Create Residential Tower in Miami

Elle to Create Residential Tower in Miami

by Phil Hall | Jul 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Elle lifestyle media brand has announced its first residential tower with the launch of Elle Residences Miami. The 25-story property will include 180 residences that will be delivered turnkey with interiors inspired by the designs featured in Elle Décor. The...
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