Use auctions to reboot your listing (without a price drop)

Embrace the potential of auctions and understand how to navigate their benefits and risks effectively, new Inman contributor Chad Roffers writes. By doing so, you and your clients can tap into new opportunities and elevate your approach to listing prop… Continue reading

A story from ‘The Brady Bunch’ house: None of the appliances work

The kitchen may look groovy, but none of the appliances in “The Brady Bunch” replica house are functional, new homeowner Tina Trahan learned shortly after acquiring the property. Fortunately, she couldn’t care less. Continue reading

Widow of billionaire David Koch unloads Manhattan townhouse

The $41 million transaction is merely the most recent in a string of deals by philanthropist Julia Koch, who also purchased a pair of Upper East Side apartments last year from the estate of Paul Allen. Continue reading

Just in time for 90th birthday, Carol Burnett’s LA condo sells for $3.7M

Burnett purchased the 2,800-square-foot 13th-floor unit for $1.26 million in 2002, and renovated it with husband Brian Miller in 2011. The property sold five days before her birthday, according to Zillow. Continue reading

William Lauder buys Rush Limbaugh’s Palm Beach estate

The deal marks a new record price for the market of Palm Beach where the priciest deal previously went to hedge funder Ken Griffin’s purchase of four parcels for $129.6 million in 2013. Continue reading

Mark Wahlberg’s sweeping Beverly Hills mansion brings in $55M

Mark Wahlberg and his wife, Rhea Durham, initially listed the 30,500-square-foot property for $87.5 million in April 2022 but dropped the ask by $8 million after it sat on the market for several months. Continue reading

British fashion entrepreneurs sell Beverly Hills home for $35.25M

The 6,230-square-foot property sold by British fashion entrepreneurs Tom and Ruth Chapman was put on the market for $42 million in June. Continue reading

Luxury home sales plunge to 10-year low, surpassing COVID levels

Luxury home sales in the U.S. dove by 28.1 percent year over year during the three months ending Aug. 31, 2022 — eclipsing the 23.2 percent drop in luxury sales at the height of the pandemic — Redfin data shows. Continue reading

‘Succession’ penthouse at Hudson Yards goes for $35M, reports say

The 90th-floor unit in the 35 Hudson Yards skyscraper is where the fictional character Kendall Roy lives high above the rest of New York City, brooding and plotting his next move against his ruthless father, media mogul Logan Roy. Continue reading

Kenny G’s former Seattle estate lists for a record $85M

Previously, the priciest listing in the greater Seattle area was a $60 million property listed about two years ago, which was also located in the Hunts Point community. Continue reading