Lamacchia Realty finalizes Stone Ridge Properties acquisition

The acquisition of the Massachusetts-based brokerage marks Lamacchia Realty’s 10th acquisition in the state over the past 16 months, adding offices in Newburyport and Amesbury. Continue reading

Why real estate is struggling to keep up with a rising US economy

The nation’s real gross domestic product grew at an annual rate of 2.8 percent in the third quarter of the year. But with falling sales and tapering price growth, agents could be forgiven for feeling left out. Continue reading

From W2 to 1099: How to set up your new real estate business

Rick Guerrero talks to coach Katherine Loucaidou about making the leap from a steady full-time job to running your own real estate business. Continue reading

Edina Realty settles for $3.5M over ‘secret’ home warranty payments

The deal will refund buyers and sellers after the brokerage allegedly failed to disclose to its clients that it had received payments from Home Security of America to advertise HSA’s home warranties. Continue reading

With focus on mortgage business, Zillow launches ‘BuyAbility’ tool

Zillow releases a new “BuyAbility” tool it says helps consumers find homes they can actually afford to buy after accounting for more variables. Continue reading

RE/MAX’s Motto Mortgage bounces back with new offices

After seeing its open office count shrink this year for the first time ever, RE/MAX’s mortgage franchisor brings new offices online in Arizona, South Carolina and Michigan. Continue reading

Back-to-back storms tank pending home sales in Florida

Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Continue reading

Russian billionaire’s penthouse among top Manhattan contracts

Penthouses asking $45 million and $39 million topped Manhattan luxury contracts during the week ending Nov. 17, according to Olshan Realty’s weekly luxury report. A total of 37 contracts were signed on properties priced $4 million and up. Continue reading