Douglas Elliman’s revenue declines as luxury inventory shortage lingers

The New York-based luxury real estate brokerage reported consolidated revenues of $272.6 million in third-quarter earnings Thursday, compared to $354.2 million over the same period in 2021. Continue reading

October saw active listings grow even as new homesellers declined

The month saw active listings grow at a rapid pace even as new homesellers declined annually for the fifth straight month, falling 15.9 percent, according to a report. Continue reading

‘Great Reshuffling’ could impact elections in Arizona, Nevada: Redfin

Redfin data shows that Arizona and Nevada were the second and third most popular states respectively for people moving away from California in 2020. Continue reading

Is ‘The Watcher’ back? Police have visited NJ home 58 times since 2019

Police have been called to the notorious Westfield home nearly 60 times since July 2019, a new report claims. But call logs suggest the supposed stalker hasn’t been at the center of the complaints. Continue reading

Redfin’s Glenn Kelman has a theory on why housing prices are plunging

Investors, including iBuyers, that entered the housing market in 2020 and 2021 are at least partly to blame for the dramatic price correction playing out in 2022, Kelman said in a new interview. Continue reading

Amid COVID, Americans relocated to battleground states in droves

As midterm elections approach, Zillow crunched housing data and found that enough Americans relocated to key counties in red and purple states in 2021 to potentially shift political leanings. Continue reading

Airbnb holiday bookings, prices are soaring. Here’s how hosts can profit

The holiday season is approaching and with it opportunities for hosts to maximize earnings. Read how Airbnb Superhosts earn six figures from short-term rentals — and how you can too. Continue reading

My home has a basement dungeon. Can I include it as part of the GLA?

“Barbarian” became a runaway hit in October, but the Airbnb-referencing horror flick also raises a thorny issue for agents: What rooms can be listed as part of a property’s total square footage? Continue reading