Michael Jordan’s $14.8M mansion still unsold after 12 years on market

The NBA superstar’s Highland Park estate at 2700 Point Drive was first listed for $29 million in 2012. By 2014, the price had dropped to $16 million, and it is now on the market for $14.8 million.
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Industry leader and brokerage founder Clark Halstead dies at 83

The real estate vet co-founded the Manhattan division of Sotheby’s International Realty in the mid-1970s and co-founded Halstead Property with Diane Ramirez in the mid-1980s. Continue reading

Coldwell Banker recruits Boston team away from Compass

Katherine Bell and Maddy Petrini are bringing their Bell and Petrini team to Coldwell Banker’s Back Bay office. The team has done $47 million in sales this year, according to the brokerage. Continue reading

Nearly half of NYC’s out-of-state buyers come from these locations

Living in New York City remains undeniably expensive, with sale prices in some neighborhoods reaching $7.5 million, yet out-of-state buyers are still drawn to the city, according to “The New York Times.” Continue reading

MoxiWorks rolls out bevy of new buyer agent representation tools

Updates to presentation templates and the ability to include offered buyer broker commissions as a percent or dollar are among the buyer-focused tools touted by the company on Wednesday. Continue reading

CoStar Group dismisses year-old lawsuit against Homesnap founder

The residential and commercial real estate company sued over misuse of trade secrets in 2023, but revealed in a new court filing that a rival tech platform’s “limited nature” is no longer a threat. Continue reading

Dorm decor goes luxe as students opt for high-end designers

The trend of parents and college students shopping at budget-friendly stores like Target and IKEA for DIY dorm decor may be fading as more students are turning to professional interior designers for their dorm rooms, The New York Times reported on Friday. Continue reading

Top Florida indie The Keyes Company settles commission suits

The settlement was revealed in a new court filing, though the company has not said how much it might pay. The Keyes Company has more than 4,000 agents working across Florida. Continue reading

Rupert Murdoch’s REA Group eyes UK’s biggest real estate portal

Murdoch’s Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK’s largest real estate portal. Continue reading

Sound off on Clear Cooperation ahead of NAR committee meeting

WAV Group is seeking feedback from agents on the fate of the policy in a new survey ahead of the National Association of Realtors’ Emerging Issues Advisory Board committee meeting Sept. 12-13. Continue reading