Compass recruits Douglas Elliman agent, industry vet to Palm Beach

At Compass, Thor Brown will serve as director of luxury sales, while Sam Fingold will take on the role of luxury real estate advisor, according to South Florida Agent Magazine. Both will operate out of Compass’ Palm Beach Island office at 150 Worth Ave… Continue reading

New York’s Flatiron Building to be transformed into 60 luxury condos

The iconic Flatiron Building in Manhattan is set to undergo a transformation from outdated office spaces to luxury residences and retail, according to new building plans revealed earlier this week. Continue reading

First window-washing robot debuts in Manhattan, with more on the way

The Skyline Robotics robot will be tasked with maintaining the windows of a Durst Organization-owned 45-story Class A office tower on Sixth Avenue in New York City, it was announced this week. Continue reading

US homebuyer down payments reach new record, outpace prices

According to Redfin, the typical U.S. homebuyer’s down payment hit the highest level in over a decade, at 18.6 percent of the purchase price in June, up from 15 percent the previous year. Continue reading

Karlie Kloss, Joshua Kushner make waves with $29.5M Malibu home

The supermodel and her husband are the proud new owners of the iconic $29.5 million Malibu, California, “Wave House,” sold for the first time in 36 years. Continue reading

Pending starter home sales soar as first-time buyers return to market

Pending sales of starter homes surged 10.2 percent in July, reaching their highest point since October 2022 as mortgage rates began to decline, according to data released Monday by Redfin. Continue reading

Compass agents launch BDG Partners in Tennessee

Compass agents have united to launch BDG Partners, a full-service team based in Nashville, Tennessee, with the addition of real estate veteran Grant Hammond, the firm announced. Continue reading

Beyond Brokers Consulting launch connects top agents, brokerages

Headquartered in Seattle and Miami Beach, Beyond Brokers Consulting serves clients nationwide, Burmester shared with Inman exclusively. The firm’s ultimate goal is to expand into markets that its sole client, Sotheby’s International Realty, has not yet… Continue reading

Beyond Brokers Consulting launch connects top agents, brokerages

Headquartered in Seattle and Miami Beach, Beyond Brokers Consulting serves clients nationwide, Burmester shared with Inman exclusively. The firm’s ultimate goal is to expand into markets that its sole client, Sotheby’s International Realty, has not yet… Continue reading

US home prices rise 0.2% in July, slowest growth since January 2023

The slow price growth is attributed to a shortage in housing inventory and limited buyer competition, according to a Redfin report published on Tuesday. Continue reading