What does it cost to live near the country’s biggest landmarks?

In some markets, prime real estate close to one of the nation’s leading destinations can be had for as little as $110,000. Elsewhere, it might cost a homebuyer several millions of dollars to live next to their favorite landmark. Continue reading

Why utopias fail and the ‘Ponzi scheme’ of new development

Michael Rodriguez, director of research at Smart Growth America, said that people have been building utopias for millennia, but the best cities are the ones that gradually evolve over time. Continue reading

Altman Brothers expand to Arizona with Grigg’s Group partnership

A new boutique luxury brokerage called Grigg’s Group Powered by The Altman Brothers builds on a decade-long relationship the team formed with Paradise Valley-based team leader Scott Grigg, Inman has learned. The firm will serve Paradise Valley, Scottsd… Continue reading

Compass scoops up high-end SoCal boutique brokerage

DPP Real Estate has more than 175 agents and specializes in architecturally significant properties. Moving forward, the firm will be known as DPP @ Compass. Continue reading

‘It must have 16 cabinets’: 6 deals that died for wild and silly reasons

Real estate agents recently revealed to Inman the most unexpected reasons they’ve lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui. Continue reading

Will chatbots make housing discrimination worse?

New artificial intelligence technology can recommend real estate listings based on neighborhoods’ ethnic makeup. Experts are worried about the tech’s potential for discrimination. Continue reading

Zillow and Opendoor expand partnership to 11 new markets

The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt. Continue reading

Zillow expands ‘post-pay’ Premier Agent model to 2 new markets

The expansion is part of Zillow’s “enhanced markets” program, which is now in six cities and part of the company’s efforts to eventually build a real estate “super app.” Continue reading

Keller Williams scoops up second Arizona-based indie of 2023

Twelve-year-old independent brokerage Tru Realty has joined Keller Williams, according to an announcement on Thursday. Tru Realty has generated $450.6 million in sales volume since 2021. Continue reading

It’s getting harder to make money on a home sale: ATTOM

A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent. Continue reading