NYC rent soars to all-time high — and it’s not done yet, analysts warn

The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel’s March 2023 New York City rental report. Continue reading

Clarence Thomas failed to report property deal with Texas developer

Crow Holdings chair Harlan Crow, already under scrutiny for his role as a benefactor to the U.S. Supreme Court Justice, reportedly bought three properties from Thomas, including one where his mother still lives. Continue reading

Fathom Realty parent company borrows $3.5M from existing investor

Fathom Holdings will pay at least 8 percent interest on a convertible note company executives say will provide more flexibility as they seek “cash flow profitability” by Q3. Continue reading

Coldwell Banker Realty’s new CEO: There’s ‘opportunity’ in diversity

In her first public interview since taking the helm from M. Ryan Gorman in March, Kamini Lane expressed her passion for creating diverse role models in real estate at both the executive and the agent level to shape a more inclusive industry. Continue reading

Modwell visualizes a new way to market a listing: Tech Review

Agents and buyers can work together to search and save relevant homes from their market, and then leverage Modwell’s well-built custom rendering and design services to “imagine” what can be done to the property, inside and out. Continue reading