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

Top NYC agent Amy Herman, team move to Brown Harris Stevens

Herman was one of the first agents to follow Ryan Serhant to his eponymous firm from Nest Seekers International, where she had been a member of his team for more than 5 years. Continue reading

SERHANT.’s ‘Owning Manhattan’ renewed for Season 2 on Netflix

The first season of the hit reality series featuring agents from Ryan Serhant’s brokerage dropped on Netflix two months ago. A release date for the second season was not immediately made public. Continue reading

Corcoran Icon Properties expands into Palo Alto

The Corcoran Group franchise now has 24 physical offices with the launch of its latest in Palo Alto. The office is led by Managing Broker Benyam Mulugeta and Sales Manager and Partner Susan LaRagione. Continue reading

Digital avatars have arrived: Here’s how real estate pros can use them

Reimagine sales, marketing and instruction by using digital avatars to bring the human touch to content without the cost, land investment specialist Curtis Williams writes. Continue reading

New forms aim to sidestep NAR settlement, law professor warns

In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer. Continue reading

Calque unveils ‘light’ version of its ‘buy before you sell’ offering

Touted as faster and more affordable, Calque’s new “Contingency Buster” product is tailored to homeowners who don’t need to tap their equity when buying their next home, executives say. 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

Borrowers clash on how far rates need to fall before they’re ‘Golden’

How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped. Continue reading