Long & Foster co-founder P. Wesley ‘Wes’ Foster Jr., dies at 89

The brokerage Foster co-founded with Hank Long became known as a giant independent firm across the Mid-Atlantic region, and a pioneer of the “one-stop-shop” brokerage model. Continue reading

Pending home sales trend up for first time since last spring

In a positive sign for the real estate industry — and the spring homebuying season — pending home sales rose in December for the first time since May 2022, increasing 2.5 percent from November. Continue reading

President of Greenwich Association of Realtors joins BHS

Bryan Tunney will serve as executive vice president and managing director of sales in Greenwich and help support and manage the office’s roughly 30 agents. Continue reading

How much does a real estate agent make?

From the hours they put in to the years of experience they have, several variables determine how much real estate agents make per year. Continue reading

What is ‘Barbiecore’? Design trend pretty in pink as ‘Barbie’ flick nears

The design trend of the moment includes — you guessed it — lots of pink, frills, vintage finds, florals, curvy furnishings and beds evocative of clouds. Barbie wouldn’t have it any other way. Continue reading

Here are the 6 emerging luxe buyers of 2022: Engel & Völkers

Running the gamut from a group dubbed “Crypto Visionaries” to one called “The New American Rancher,” they come in all ages from all backgrounds with preferences for how they want to live. Continue reading

Pending home sales hits slowest pace in nearly 10 years

Pending home sales dropped 3.9 percent from March to April, marking the sixth-straight month of declines amidst climbing mortgage rates, according to data released Thursday from NAR. Continue reading

Existing-home sales dip for third month as buyers say ‘No thanks’

Existing-home sales decreased by 2.4 percent from March and 5.9 percent from the year before as declining affordability continued to put off homebuyers, according to the National Association of Realtors. Continue reading

Pending home sales keep falling as market conditions ‘normalize’: NAR

Pending home sales dipped for the fifth-straight month in March, with the Pending Home Sales Index dropping 1.2 percent from February to 103.7, according to the National Association of Realtors. Continue reading

Existing-home sales drop for second month as buyer demand stalls

Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according to the National Association of Realtors. Continue reading