Real estate agents tallied double-digit sales volume gains in 2022

Despite inventory hitting a 23-year low, the average Realtor ended last year on a solid note, according to the National Association of Realtors’ latest Member Profile survey, released Tuesday. Continue reading

Times names ‘modern farmhouse’ defining residential style of 2020s

The modern farmhouse, with its black and white exterior, board and batten, and classic interior is the style of the moment. Its rise coincides with a yearning for simpler times. Continue reading

Virginia is for lovers, irked buyers, stubborn sellers and bidding wars

Despite sales falling by double-digits, agents and brokers in Alexandria, Richmond and Norfolk, Virginia, anticipate a summer of heated bidding wars, tough negotiations and market headwinds. Continue reading

Compass snags $40M Dallas real estate team from Coldwell Banker

Dallas-based team leaders Jason Castro and Liz Mello have moved their team, The Castro Group, to Compass. They are the 48th agent or team to move from Coldwell Banker to Compass this year. Continue reading

Barbie’s Malibu DreamHouse would command $10M — if it was real

In anticipation of the July 21 premier of ‘Barbie,’ Airbnb has listed a real-life DreamHouse for two lucky guests. A Malibu broker estimated closing costs and a sales price for the fabled pink palace. Continue reading

The stories and trends that defined a whirlwind first half of 2023

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading

Summer Cooldown: Newly built homes will offer a lifeline for agents

Three leading economists share what’s ahead for the summer, from sellers’ continued struggles with mortgage rates to the resurgence of bidding wars and the gift of new-home sales. Continue reading

Compass CEO: Pandemic craze will return once mortgage rates hit 5%

Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early as December. Continue reading

Compass’ luxury division launches new global referral program

Compass Luxury Division has teamed with Paris-based luxury firm BARNES International to develop a new referral program, according to the company. Agents from both brokerages will send and receive referrals from each other for an undisclosed fee. Continue reading

Compass’ luxury division launches new global referral program

Compass Luxury Division has teamed with Paris-based luxury firm BARNES International to develop a new referral program, according to the company. Agents from both brokerages will send and receive referrals from each other for an undisclosed fee. Continue reading