Outfoxed! Rupert Murdoch paid 20% over ask for Manhattan co-op

The Fox News founder paid nearly 20 percent — or $5.2 million — above the $30 million asking price on the 6,500-square-foot Hampshire House unit he he bought in February, according to disclosures. Continue reading

The Agency grows Midwest presence with office in Indianapolis

In March 2022, the brokerage made its first foray into the Midwest with a location in Birmingham, Michigan. Managing Partner Traci Garontakos is leading The Agency Indianapolis. Continue reading

$5.48M mid-century sale is biggest Sierra Madre deal in 20 years

The 1975-era home closed at $1 million over asking, Inman has learned exclusively. Buyers have flocked to Sierra Madre, California, for its privacy and access to nature, as many people continue to work remotely. Continue reading

RE/MAX revenue, US agent count, continue to drop in Q1

Total revenue dropped 6.2 percent year over year and U.S. agent count fell 5.4 percent, according to earnings data released Thursday as the real estate brokerage continues to wrestle with a shifting market. Continue reading

Offerpad narrows losses despite another quarter of falling revenue

Following a dramatic Q4 in which the iBuyer posted losses of $121.1 million, Offerpad improved its net loss by 51 percent to $59.4 million in Q1 as it struggles to adapt to a shifting market. Continue reading

Christie’s brings on Islandia as new affiliate in US Virgin Islands

The independently owned Islandia Real Estate is now Islandia St. John Christie’s International Real Estate, led by Managing Director Keleigh Rees. Continue reading

How union strikes like the Writers Guild of America impact real estate

From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry. Continue reading

The Agency enters Idaho with new Boise franchise

Operations at the office, which marks the brokerage’s 81st location globally, will be a family affair led by managing partners and couple Mike and Robyn Moir, alongside their daughter and partner Rachel Moir. Continue reading

From daydreams to dream homes: How Glennda Baker rose to the top

As a child, Baker and her single mom bounced around rentals until the Georgia resident reached the tenth grade. Now, she helps make the dream of homeownership come true for people every day. Continue reading

The market where rents rise faster than even New York

As uncomfortable as New York City’s rent hikes feel to many tenants now, they don’t compare to the soaring prices of Singapore’s prime rental market, The Wall Street Journal reported. Continue reading