Victims awarded $12M in flipper scheme repped by HGTV stars

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The Federal Trade Commission (FTC) is distributing $12 million in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC. Continue reading →

Zillow finalizes lawsuit settlement with ARMLS, Metro MLS

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Residential portal behemoth Zillow has settled its antitrust lawsuit against Arizona Regional Multiple Listing Service, Multiple Listing Service, Inc., over discontinuing its integration with ShowingTime+ in favor of MLS Aligned’s listing platform. Continue reading →

Patrick Carroll makes LA court appearance amid felony charge

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Carroll appeared before LA Superior Court judge Francis Bennett II on Tuesday following his July 1 arrest by LAPD and agreed to waive his rights to be present for court dates in the future. Continue reading →

Mortgage rates are in free fall on a triple whammy of economic news

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Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds. Continue reading →

Average buyer’s agent commission has fallen since NAR settlement

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Redfin’s latest report revealed the average buyer’s agent’s commission percentage has declined in 47 of the 50 largest markets since the National Association of Realtors’ March settlement. However, robust home prices have yielded small gains in commiss… Continue reading →

NYC developer, wife part ways with Greenwich Village home for $21.5M

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The multi-family residence sold on July 31 for $21.5 million. The couple purchased the home in 2011 for $12.7 million.  Continue reading →

How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali

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For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported. Continue reading →

High mortgage rates cool down prices in these US metros

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Home prices and sales have declined as the demand from all buyers, including investors and buyers interested in building homes, has cooled, according to a report from CoreLogic. Continue reading →

Tyler Mount on real estate and life: ‘Authenticity wins’

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Tyler Mount, a three-time Tony award winner and marketing company founder with career billings of $7 billion did not mince words when he talked about the importance of authenticity at Inman Connect Las Vegas. Continue reading →