New York City overtakes San Francisco as world’s top tech hub

New York has overtaken San Francisco as the world’s “premier tech city,” according to a new report from U.K.-based real estate consulting firm Savills. Continue reading

You’ll need to go 26 feet down for this underground mansion

A subterranean house, built by Avon executive Girard Henderson in the 1970s, has recently returned to the market with an astonishing $18 million price tag. Continue reading

In December, home prices rose — but at slowest pace since 2012

In December, home prices grew at their slowest pace since 2012, according to a CoreLogic Home Price Index and Forecast report released Tuesday. Continue reading

Bain Capital execs: iBuyers are foes of brokers and homebuyers

Merritt Hummer, a principal at Bain who spoke with Harris and during a second Inman Connect session Friday, also painted iBuyers as antagonists to consumers themselves. Continue reading

How to foster and benefit from diversity in real estate

A quarter of those rookie Realtors identify as minorities. And given the increasingly diverse makeup of the home buying public, it’s more timely than ever for real estate agents to consider how to foster diversity in their ranks as well as how best to … Continue reading

RE/MAX CEO on what a gunshot taught him about real estate

At the Inman Connect New York 2019 real estate conference on Wednesday morning, Adam Contos recounted how during a particular SWAT call, he and a partner were throwing concussion grenades into a window when a bullet struck a tree in between them. Continue reading

Pending home sales fall in December

The National Association of Realtors Pending Homes Sales Index declined 9.8 percent year-over-year in December, marking the 12th straight month of annual decreases. Continue reading