In The Press

What Trump’s proposed plans could mean for housing affordability

President-elect Donald Trump’s return to office brings potential changes to housing policy, immigration, and tariffs, which could significantly influence the national housing market. Policies on immigration might impact the availability of construction labor, potentially affecting housing affordability. Additionally, tariffs on imported materials could drive up construction costs, further challenging supply. Adjustments to tax policies and mortgage regulations might also be on the table, shaping real estate demand and access. The industry will be closely watching how these factors evolve under Trump’s leadership.

Trump, one of real estate’s own, is heading back to the White House. Now what?

Donald Trump’s return to the White House has sparked mixed reactions in the real estate world, with industry leaders expressing optimism about his potential to cut regulations and reinstate policies like the 1031 exchanges and the SALT deduction cap. Tom Postilio and Mickey Conlon of Compass and other industry figures support lifting the SALT cap, which could boost home values in high-tax areas. While Trump’s business background offers hope for streamlined regulations, many remain watchful as policy changes hinge on cooperation with Congress, especially in areas affecting housing and construction projects.

Home Buyers Are Increasingly Demanding These Features

Tom Postilio and Mickey Conlon of Compass share that today’s buyers prioritize flexible spaces and wellness amenities as the housing market shifts. The demand for adaptable rooms, like home offices and creative studios, continues to rise, a trend sparked by post-pandemic lifestyle changes. Buyers are also focusing on energy-efficient smart home technology, and in 2025, wellness features like saunas and air filtration systems will be key. At Compass, Tom and Mickey help homeowners maximize value by staying ahead of these trends, ensuring that homes appeal to modern buyers looking for functionality and serenity.

Fall Expected to Be a Major Moment for Real Estate. How Buyers and Sellers Can Take Advantage.

As Fall 2024 approaches, the real estate market is set to surge, thanks to low mortgage rates and the potential for further interest rate cuts. Top brokers Tom Postilio and Mickey Conlon of Compass predict a bustling season for both buyers and sellers. With new inventory hitting the market and increased buyer demand, sellers should focus on curb appeal and timing, while buyers must be ready to act fast, with pre-approval and clear goals. Whether you’re buying or selling, this fall presents a prime opportunity to capitalize on favorable market conditions.

The Most Expensive Home in Every State, From Alabama to Wyoming

As the ultra-luxury real estate market flourishes in 2024, homes like Alabama’s stunning Deer Park Retreat, Alaska’s expansive Lakeside Wasilla Compound, and Arizona’s nearly completed Paradise Valley Gem showcase a rising demand for space, privacy, and advanced amenities. These properties reflect current trends, from outdoor adventure features to wellness-centric designs. At Compass, Tom and Mickey are poised to help clients navigate this dynamic market, ensuring they find their ideal dream home in an ever-evolving landscape of luxury living.

Polls Before Goals: First-TIme Homebuyers Hit Pause Ahead of 2024 Election, Redfin Finds

As the election approaches, many first-time homebuyers are pausing their plans, with a recent Redfin survey showing that 23% are waiting until after election day. According to Tom Polio of Compass, this “wait and see” trend is common during election years, as buyers are cautious about potential policy changes, particularly those affecting mortgage rates. This year, the uncertainty surrounding the two presidential candidates has heightened this effect, leading to an intensified sense of caution among prospective buyers in the housing market.

The heart of Manhattan, cradle of empty office conversions into housing in New York

In Manhattan, former office buildings are being transformed into luxury residences, especially post-pandemic, to meet the demand for high-end housing. Tom Postilio and Mickey Conlon of Compass explain that buildings like One Wall Street have been redesigned to include amenities like pet spas and golf simulators, turning these residences into mini urban resorts. This shift also offers investment potential; for instance, 443 Greenwich St. has gained value over time, appealing to those investing in the neighborhood’s growth and character.

Sutton Place: NYC’s Best-Kept Real Estate Secret

Tom Postilio and Mickey Conlon, top Compass brokers, highlight Sutton Place as one of NYC’s rare havens of calm and exclusivity. Known for its historic charm and community feel, this East River neighborhood draws in residents seeking seclusion within the bustling city. From its roots in luxury developments by architects like Rosario Candela, Sutton Place has maintained appeal among New York’s elite, including celebrities and influential figures. With steadily rising property values, this “hidden gem” combines timeless appeal with a vibrant sense of privacy and community.

There Are Unexpected Benefits of Living in a Former Office Building

Old office buildings are becoming some of the most desirable residences. Mickey Conlon and Tom Postilio spotlight how these transformations offer stylish perks like soaring ceilings, soundproof walls, and premium amenities like gyms and theaters. Iconic examples, like Walker Tower, deliver comfort and impressive resale value, attracting buyers who crave something distinctive. These conversions also bring fresh life into neighborhoods, making luxury living more exciting.

Compass has picked up a chunk of Elliman’s star power

Tom Postilio and Mickey Conlon, famed for their luxury deals and Selling New York appearances, have left Douglas Elliman for Compass. With $60M in listings, the duo plans to build a 10-12 agent team, expanding into hot markets like Austin and Aspen. Their move underscores Compass’s aggressive talent grab, reinforcing its dominance in top markets like South Florida and Los Angeles

The Best Renovations to Do Now to Upgrade Your Home

With mortgage rates dropping, there’s no better time to upgrade your home, according to real estate experts Tom Postilio and Mickey Conlon. From creating versatile spaces to modernizing your kitchen, these key renovations can boost your home’s value and appeal. Smart technology and energy-efficient upgrades are also in high demand and make your home more attractive to buyers. Ready to give your home a glow-up? Read now to discover how these upgrades can elevate your property and make a lasting impact.

The Real Estate Market’s on the Upswing, Say the Experts

Real estate experts Tom Postilio and Mickey Conlon, with over $3 billion in sales, are urging action. The market is heating up with mortgage rates dipping and inventory rising. Whether you’re looking to buy or sell, these two HGTV stars believe there’s no better time. Buyers should get ready for fierce competition, while sellers can use this momentum to cash in big. Want the best deal? Arm yourself with a top agent, a solid pre-approval, and expert guidance from Tom and Mickey!

N.J.’s Priciest Listing Is a 160-Acre Equestrian Property in Colts Neck—the Town That’s Home to Bruce Springsteen

Discover the stunning 160-acre Colts Neck estate, listed by Compass brokers Mickey Conlon and Tom Postilio. This luxurious property boasts a 25,000-square-foot mansion, world-class equestrian facilities, and celebrity neighbors. With a 3,500-bottle wine cellar, movie theater, and Olympic-size pool, Conlon describes the property as “impeccable and built for the ages.” Learn how this breathtaking estate, owned by top thoroughbred breeders, has set a new standard for luxury living in New Jersey!

Fed cut allowing homebuyers to ‘get off the fence’: Brokers

Compass brokers Tom Postilio and Mickey Conlon shared insights on the recent Federal Reserve interest rate cut, highlighting its significant impact on the housing market. With luxury sector demand skyrocketing, Compass saw the highest number of signed contracts post-Labor Day in nearly two decades. According to Conlon, this rate cut has provided much-needed relief for homebuyers, encouraging many to re-enter the market. The brokers emphasized that despite challenges for first-time buyers, this move could shift market dynamics favorably.

Gen Z is Prioritizing These Renter-Friendly Home Upgrades

Discover the genius behind Tom Postilio and Mickey Conlon’s rental hacks! From genius outdoor privacy screens to decorative hardware that elevates your living space, these rental-friendly upgrades are changing the game. Want to know how Gen Z renters are creating chic, personalized homes without breaking the bank or upsetting landlords? Let Tom and Mickey guide you through it with must-try tips, smart tech gadgets, and the trendiest area rugs to define your living space. Your home will never look the same!

This is the most expensive home for sale in New Jersey right now

This isn’t just any home—it’s a $28 million masterpiece clad in $6 million Jerusalem limestone. Mickey Conlon and Tom Postilio of Compass share the secrets behind this stunning 160-acre estate, complete with a 22-room mansion, wine cellar, and even a racehorse breeding farm! Nestled an hour from NYC, this opulent yet inviting property could be your ultimate equestrian retreat. Want to know why this home’s price tag is justified? Dive into the details and explore this dream with Mickey and Tom as your guides!

Expert brokers reveal everything you need to know about buying a home in fall

Tom Postilio and Mickey Conlon, agents at Compass, advise that fall is a great time to work with a reputable real estate agent due to the smaller market and potentially higher prices. They emphasize the importance of getting pre-approval to stand out from the competition when buying a home. Being prepared financially and engaging with seasoned professionals can give buyers an edge in a quieter yet still competitive fall market.

Real Estate PR – The PR Pace Podcast

In the podcast episode of The PR Pace Podcast, Tom Postilio and Mickey Conlon, partners and power brokers at Compass, discuss their approach to real estate, particularly handling celebrity listings and unique properties. They share insights into their strategies for aspiring homeowners, emphasizing the importance of effective PR in real estate. Michael Diamond, a real estate journalist, also joins the discussion to share his experiences covering one of their New Jersey listings.

Realtors reveal 6 things you need to know about successfully selling your home in fall

Tom Postilio and Mickey Conlon, agents at Compass, emphasize the importance of lighting when selling a home in the fall. They suggest showcasing properties during optimal times to highlight the warm amber tones of autumn light, which can create a cozy atmosphere. This approach can help potential buyers envision the home as an inviting space, making it more appealing during shorter days.

Best Practices for Selling Your Home During the Summer

To learn more about selling your home during the summer months, we tapped Tom Postilio & Mickey Conlon of Compass to learn about strategic improvements, learn how to present your home in its best light, attract serious buyers, and potentially close a successful sale before the season ends.

Second Homes Need a Mix of Old and New to Make Them Cozy

Real estate experts and reality TV stars Tom Postilio and Mickey Conlon know a thing or two about staging a home, so when it came to designing and decorating their own waterfront house, they did what felt natural: They blended the new with the old to make their recently constructed cottage feel like it had been there forever.

NJ’s most expensive home for sale is in Colts Neck. Here’s what $28M will buy you.

The property owned by Robert and Laura Vukovich, on and off the market for the past three years, is on the market again with a list price of $28 million, making it the most expensive home for sale in the state.

“It’s a world-class property,” said Tom Postilio, a broker with Compass and the home’s real estate agent. “It’s probably a very specific buyer. But buyers who have an interest in equestrian-related activities are drawn to Colts Neck because of the open expanses of land.”

https://nypost.com/2024/07/09/real-estate/this-is-the-priciest-home-now-for-sale-in-new-jersey/

New Jersey’s priciest home is a $27.9M equestrian estate where world-class horses are bred, sold and raced

Welcome to WellSpring Stables in Colts Neck, which spans a massive 160 acres and has a hefty price tag to match..

Inside Judge Judy’s NYC penthouse that she’s selling for $9.5 million

Judge Judy Sheindlin and her husband, Jerry Sheindlin, are selling their duplex penthouse in New York City for $9.5 million.“We’ve enjoyed this jewel of an apartment,” Brooklyn native Judy, who has an estimated net worth of $480 million, told the New York Times in May. “Time to simplify.”

“There’s a modernity to the layout and an openness,” Compass broker Mickey Conlon, who listed the abode with Tom Postilio, told the Times. “It’s grand, but not ostentatious in any way.”

https://robbreport.com/shelter/homes-for-sale/wellspring-stables-colts-neck-estate-for-sale-1235652381/

Exclusive: New Jersey’s Most Expensive Listing Is This $28 Million Equestrian Estate

WellSpring Stables in Colts Neck offers a barn with 24 stalls, a 25,000-square-foot main house, and more than 160 acres of manicured farmland..

These Luxurious NYC Apartments Are On The Market—From Katharine Hepburn’s Former Home To Judge Judy’s Penthouse

Judy Sheindlin, the popular daytime TV court judge who has an estimated net worth of more than $500 million, has listed her penthouse between Midtown East and the Upper East Side with Tom Postilio and Mickey Conlon at Compass.

Tom and Mickey Break Down Luxury Trends, and Focus On Adding Value

Design trends don’t add value to your home, but design tips do..

Inside the Waterfront Dream Home of Celebrity Real Estate Brokers Tom Postilio and Mickey Conlon

“What began as a seemingly straightforward renovation of an existing structure ballooned into a full-out tear-down and ground-up, a new construction project that challenged and enriched us in ways we had never dreamed of,” the couple, who acquired the property in 2013, exclusively told Us Weekly of their waterfront residence.

Selling New York’ agents revamp home with Frank Sinatra, Old Hollywood inspiration

Summerwind: A 10,000-square-foot estate with Mediterranean flair, boasting themed rooms inspired by Frank Sinatra, Peter Allen, and Noël Coward. Six bedrooms, eight bathrooms, five fireplaces. Tunes from an antique Steinway player piano fill the halls…

Judge Judy lists $9.5M penthouse saying it’s ‘time to simplify’

The couple’s penthouse at 14 Sutton Place South is located in one of Manhattan’s most exclusive enclaves on the Upper East Side. The Sheindlins, who have been married for more than four decades, bought the property for $8.5 million in 2013.