Author Archives: Ben Verde

Inflation ticks up 0.6%, boosted by ‘outsized’ housing costs

By Ben Verde | September 13, 2023 - 5:11 pm |September 13, 2023 Uncategorized

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The Consumer Price Index increased 0.6 percent in August, faster than the July rate of 0.2 percent, according to data released Wednesday. Continue reading →

Totally groovy LA home from ‘The Brady Bunch’ sells for $3.2M

By Ben Verde | September 12, 2023 - 6:29 pm |September 12, 2023 Uncategorized

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The house was purchased from the television network HGTV for about 9 percent less than the network paid for it in 2018. Continue reading →

Divvy stays mum as employees report a new round of layoffs

By Ben Verde | September 8, 2023 - 6:30 pm |September 8, 2023 Uncategorized

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At least seven former employees of the rent-to-own company posted on LinkedIn on Thursday that they had been laid off from the rent-to-own company. Continue reading →

The Agency seeks to boost agent marketing savvy with new portal

By Ben Verde | September 7, 2023 - 7:57 pm |September 7, 2023 Uncategorized

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The portal gives The Agency’s agents access to all of its marketing and public relations resources, as well as direct access to its marketing team. Continue reading →

Amid losses, WeWork attempts to renegotiate ‘nearly all’ of its leases

By Ben Verde | September 7, 2023 - 4:50 pm |September 7, 2023 Uncategorized

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The struggling commercial real estate startup said that its leasing costs remain too high and it will look to exit underperforming locations. Continue reading →

Bel-Air mansion tied to disgraced Sackler family sells at $5M loss

By Ben Verde | September 6, 2023 - 8:47 pm |September 6, 2023 Uncategorized

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The $17 million deal for the sprawling estate, which is located at 10690 Somma Way, closed on Aug. 1, according to a recent report. Continue reading →

Bay Area homesellers cringe, with 1 in 8 losing money at closing table

By Ben Verde | September 6, 2023 - 7:30 pm |September 6, 2023 Uncategorized

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Some 12.3 percent of San Francisco homesellers who sold their homes during the three-month period ending July 31 lost money on the sale. Continue reading →

Pocket listings are thriving 4 years after NAR sought to end practice

By Ben Verde | September 6, 2023 - 3:27 pm |September 6, 2023 Uncategorized

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Pocket listings are positively overflowing nearly four years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows. Continue reading →

Trump inflated property values by as much as $2B, New York AG says

By Ben Verde | August 31, 2023 - 5:58 pm |August 31, 2023 Uncategorized

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Former President Donald Trump is accused of inflating his net worth by up to $2.2 billion, New York Attorney General Letitia James revealed in court documents released to the public on Wednesday. Continue reading →

Pending sales rise at fastest clip since January as buyers shift gears

By Ben Verde | August 30, 2023 - 6:09 pm |August 30, 2023 Uncategorized

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Building on upward momentum from June, pending home sales rose 0.9 percent in July even as analysts expressed doubt the rally would last, according to new National Association of Realtors data. Continue reading →