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Meet the Who’s Who all-stars of 2020.
Inventory also reached its lowest point in the report’s history, down 31.8% from the same time last year and down 13.3% from October.
The so-called “Old Burris Home” in Lincoln, North Carolina, was originally owned by the owner of Burris Industries (furniture manufacturer) and served as an entertainment hot spot for celebrities such as baseball legend Mickey Mantle.
The report noted that 29.4% of Redfin.com users nationwide looked at relocating to another metro area in October and November — that’s up from 25.4% last year.
We asked industry experts for their predictions on the market ahead and here’s what they said.
Griffin, the owner of Chicago-based Citadel Securities, has already sold the larger of the two units for $35 million and the second is currently under contract for $12.5 million.
More than half of Redfin listings (54%) experienced bidding wars in November, down only 4 percentage points from the previous month, according to the online broker’s new report.
The transaction represents the third-most expensive penthouse sale in Miami Beach within the past seven years.
The flight of homeowners from large urban centers to the suburbs has unexpectedly begun to reshape residential real estate, but luxury property in large cities have also gotten a boost from the hot market.
“We are looking forward to breaking ground in early 2021 on what we expect will be one of the iconic centerpieces of Miami Worldcenter.”
This quaint home in the rural town of Delavan, Illinois, might seem like your average ranch-style home at first glance, but that’s until you dig a little deeper.
The Kloss-Kushners and the Brady Bündchens will join the Trump-Kushners on Miami’s ‘Billionaire’s Bunker.’
“Much of what makes walkable neighborhoods so desirable and valuable has been diminished this year.” — Redfin chief economist Daryl Fairweather
A panel of experts surveyed by the National Association of Realtors predicted that 2021 will bring a post-pandemic economic rebound, while housing prices are expected to climb.
The report noted that the populations of large cities have declined the most during the pandemic.
Miami real estate leader accepts prestigious award first presented to her mother, Alicia Cervera.
