Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday
May 8
The Marcus Skenderian Real Estate Group is boomeranging back to Compass after 3 years away to launch its own brick-and-mortar office in Laguna Beach
May 7
The mansion on Banyan Road was gut-renovated by homeowner and interior designer Victoria Hagan before being sold off-market to an unknown buyer
May 7
Buyers need to earn an income of more than $150K to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. In San Jose, buyers must earn at least $361K
May 6
Real estate coach Jonathan Lack shares insights for what agents can do in the next 30, 60 and 90 days to perform at a higher level in the wake of commission lawsuit settlements
May 3
Total revenue declined by 8.3% YOY to $78.3M during Q1 2024, besting analysts' expectations for it to fall by 9.5%. News comes one quarter into Amy Lessinger's tenure as president
May 2
The class action suit filed by plaintiff James Lutz alleges that HomeServices, other NAR members, fixed commissions, which misled buyers and resulted in them paying inflated home prices
May 2
The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665M in sales in 2023
May 1
The court has granted plaintiffs' motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman
Apr 30
The Upper East Side apartment has sold more than a year after hitting the market. The late writer and her husband, John Gregory Dunne, bought the property in 1988
Apr 30
Engel & Völkers Philadelphia will be led by Jim Becker, Ed Casella and Logan Rothman, while Mexico City will be helmed by Rodrigo Pérez del Toro and Malusa de Nova
Apr 30
18 of the 50 largest US metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly
Apr 30
A remodel, strategic pricing, choice photos, an offer deadline and strong agent relationships helped the O'Connor sisters sell a property that previously sat on the market for nearly 1 year
Apr 26
The 4,650-square-foot home is also being listed for $7.5M by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75M to $3.75M
Apr 25
Generated revenue remained flat at $1.1B from the same period a year ago while the franchisor improved net losses by 27% year over year to a loss of $101M, according to a Thursday earnings call
Apr 25
Demand for some of the most exclusive luxuries remains, even as the city of San Francisco itself grapples with plunging home prices and an all-time high in office vacancies
Apr 24
Sarah Stewart only learned her Hamptons vacation home was fraudulently listed on the platform after someone called her to confirm that they should wire $25K outside of the Airbnb platform
Apr 23
The company's unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO's generous bid on the company is 'inexcusable'
Apr 23
Sales of newly built, single-family homes rose 8.8% in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3% year over year, according to the US Census Bureau
Apr 23
The couple bought the home in an off-market transaction last year after the previous owner's death. It's located across the street from the home of Schwarzenegger's mother, Maria Shriver
Apr 22