Author Archives: Ben Verde

Top producing Vero Beach agent joins Douglas Elliman in Florida

By Ben Verde | June 22, 2022 - 7:26 pm |June 22, 2022 Uncategorized

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After serving the area for a decade, Michael Merrill will join the brokerage at its newly opened Vero Beach office. Continue reading →

‘Selling Sunset’ breakout star Maya Vander moves to Compass

By Ben Verde | June 22, 2022 - 4:59 pm |June 22, 2022 Uncategorized

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The agent, who in May launched her own team, the Maya Vander Group, will be working out of Compass’s Coconut Grove office in Miami. Continue reading →

EXp to acquire Canadian real estate search portal, brokerage Zoocasa

By Ben Verde | June 21, 2022 - 9:04 pm |June 21, 2022 Uncategorized

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The acquisition is intended to help boost eXp Realty’s online lead search generation and listing portal opportunities for its agents and brokers. Continue reading →

US existing-home sales prices tally new record after topping $400K

By Ben Verde | June 21, 2022 - 3:17 pm |June 21, 2022 Uncategorized

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Total sales of existing homes, condos and co-ops dropped 3.4 percent between April and May to a seasonally adjusted rate of 5.4 million, according to new data from the National Association of Realtors. Continue reading →

A son’s plea to mom: You’re a lousy landlord — and now I’m suing you

By Ben Verde | June 17, 2022 - 3:23 pm |June 17, 2022 Uncategorized

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William Koeppel, 62, filed a claim with the Surrogates Court of Manhattan accusing his 84-year-old mother Roberta Koeppel of negligence, claiming she let the family’s portfolio of buildings rot. Continue reading →

Housing starts fall dramatically as builders fret over declining demand

By Ben Verde | June 16, 2022 - 3:05 pm |June 16, 2022 Uncategorized

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Housing starts clocked in at a seasonally adjusted rate of 1,549,000, a 14.4 percent decline from revised April levels, according to the U.S. Census Bureau and Dept. of Housing and Urban Development. Continue reading →

‘Clear sign’ of a slowing housing market as builder confidence falls

By Ben Verde | June 15, 2022 - 4:00 pm |June 15, 2022 Uncategorized

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Homebuilder confidence fell 2 points in June to 67, marking the lowest reading since June 2020, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading →

Compass announces new sales managers for San Francisco office

By Ben Verde | June 14, 2022 - 7:31 pm |June 14, 2022 Uncategorized

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The company has hired Arthur Meirson, from Coldwell Banker, and will promote agent Christine Schoen to serve as sales managers at its flagship. Continue reading →

Warehouse giant, Amazon landlord Prologis buys Duke Realty for $26B

By Ben Verde | June 13, 2022 - 8:30 pm |June 13, 2022 Uncategorized

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The announcement came following Duke Realty’s rejection of a $24 billion buyout offer from Prologis in May, which the company rebuffed for being inadequate. Continue reading →

Homebuyer budgets stayed flat even as prices shot up, new analysis finds

By Ben Verde | June 13, 2022 - 5:19 pm |June 13, 2022 Uncategorized

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Homebuyer budgets increased by 0.3 percent annually while prices tallied record gains, according to a new analysis by Redfin released Monday. Continue reading →