The message is blunt: Real estate leaders anticipate a tough 2023

Inman’s first-ever Intel leadership survey revealed that leaders think the market will be worse in 2023 compared to 2022 — but they also expect to thrive regardless of the economic headwinds. Continue reading

Corcoran Legends Realty acquires Renwick Real Estate

The Westchester County-based Corcoran Group franchisee has welcomed the long-standing independent brokerage to its ranks, adding 16 agents and one new office. Continue reading

The Adrian and Natalie Team joins Corcoran Group from CORE

Founded in 2018, the team’s career sales volume exceeds $300 million, and in 2022, the team was ranked one of the top in New York State by RealTrends. Continue reading

Alibaba president offloads 2 Hamptons estates at $66.25M

The estates, located on coveted Meadow Lane, span more than eight acres and encompass multiple buildings, a pool, a tennis court, two putting greens and 350-degree water views. Continue reading

The Agency debuts office on Long Island’s South Shore

The new office builds upon the brokerage’s existing presence in Long Island, where it launched a franchise on the north shore in 2021, and marks the brokerage’s 65th office overall. Continue reading

Forget McMansions — these wealthy homeowners dig McBasements

When city or county restrictions are cramping their styles above ground, luxury homeowners are taking matters into their own hands and building out the basements of their wildest dreams. Continue reading

Cash still king as nearly a third of homebuyers spurn costly mortgages 

All-cash home purchases in the U.S. hit 31.4 percent of all transactions in July 2022, just short of an eight-year high reached in February 2022, according to new data released Friday by Redfin. Continue reading

Hamptons home slated for completion in 2024 seeks $50M

The property, developed by renowned LA-based architect Roman James, will sit on seven acres of land at the highest point in Water Mill, New York, offering stunning 280-degree views. Continue reading

Palm Beach, Malibu clinch biggest luxury beach sales of 2022 (so far)

Palm Beach, Malibu and the Hamptons drew luxury homebuyers seeking more tranquil post-pandemic lifestyles, according to an Inman analysis of the top 10 beach transactions since October 2021. Continue reading

NYC nears record levels, Miami rivals Palm Beach: SERHANT.

The super-prime market remained resilient, although low inventory and stock market volatility impacted buyers a bit during the second quarter, SERHANT.’s Garrett Derderian said. Continue reading