Bright MLS will allow sellers to offer concessions upon listing

In response to NAR’s proposed settlement, the nation’s second largest MLS will add data fields on June 11 allowing sellers to signal they’re willing to offer buyer concessions when they list a home. Continue reading

Sellers are cutting prices at record pace to combat softening demand

Sluggish homebuyer activity has pushed sellers to adjust their price expectations, according to Redfin’s latest report. The median asking price declined for the first time in six months to $416,000. Continue reading

Jessica Chastain lists Midtown Manhattan pad for $7.45M

The “Zero Dark Thirty” star purchased the home for $5.1 million in 2015. A number of well-known musicians have lived in the apartment in its time, including Leonard Bernstein, who composed “West Side Story” while living there. Continue reading

The Hamptons embraces monochrome design this summer

Plays on black and white color schemes, both inside and out, seem to be popping up everywhere on listings in the Hamptons this summer. Here’s how a few homes have channeled the trend. Continue reading

Bank launches Spanish website in wake of redlining settlement

Washington Trust “vehemently” denied the allegations leveled by the Justice Department last fall, but agreed to invest and spend at least $9 million to improve access to mortgage credit in minority neighborhoods in Rhode Island. Continue reading

Ex Matterport CEO wins $79M stock-lock suit against 3D tour biz

William Brown, who served as CEO of the company though 2018, is entitled to damages after Matterport prevented him from selling all of his shares when the company went public in 2021. Continue reading

Asian & Pacific American Heritage Month is over, but the impact isn’t

AREAA President Jamie Tian offers insight into the organization’s efforts to fight barriers to homeownership and affordability. Continue reading