Blackstone Group, TruAmerica buy 5,800 apartments in San Diego

In what’s believed to be one of the biggest real estate deals in San Diego County history, the investment firm says it plans to spend $100 million renovating the properties. Continue reading

Realogy clutches top spot on T3 Sixty’s 2021 Mega 1000 list

Realogy secured the top spot on T3 Sixty’s Mega 1000 list with $184 billion in 2020 sales volume. However, brokerages with alternative models are closing the gap. Continue reading

Compass reports $1.1B in quarterly revenue in first public earnings report

A red-hot housing market pushed Compass’ revenue up 80 percent year over year, as the company aims to reduce its net losses and gain market share. Inman has all the details. Continue reading

How long will the housing shortage last? Years — here’s why

Thinking optimistically and knowing a little about U.S. homebuilders and American ingenuity, builders might create an average of 2 million homes annually and achieve a supply-demand balance in about six years. Continue reading

$100K for a home in Brooklyn? Fuggedaboutit!

The New York Times editorial board asked eight NYC mayoral candidates, “Do you know the median sales price for a home in Brooklyn?” Some candidate answers left New Yorkers baffled. Continue reading

Mohamed Hadid unloads ‘clear and present danger’ spec mansion

The father of supermodels Bella and Gigi Hadid was ordered to tear down the mansion he began building in 2019 along the side of a mountain in Bel Air. Continue reading

3 ways to boost buyers’ confidence in a hot seller’s market

Although guiding homebuyers through a competitive market is a challenge, it’s important to encourage them to be patient and trust the process. Here are a few ways to prepare your clients and help them stay ahead of the game. Continue reading

Think before you post! The line between funny and unprofessional isn’t so fine

The real estate business is insane right now. You’ve got frustrated buyers. You’re (rightfully) frustrated — and humor is a great escape. However, it’s also rife with danger. Here’s why you should think before you post. Continue reading