Case-Shiller Index keeps breaking records as HPI growth curbs pace

Although home price growth is slowing, S&P CoreLogic’s report also showed that first-time homebuyers are being impacted most by rising prices, since in the last five years, prices in the lower end of the market have risen more quickly than other t… Continue reading

David Copperfield’s final New York act? The disappearing owner

A lawsuit filed in New York this month alleges that Copperfield abandoned his penthouse in a state of disrepair, leaving the Galleria’s other residents to deal with flooding apartments and common areas below the unit. Continue reading

SERHANT. expands in Florida with Naples Concierge Group

The team addition will grow SERHANT.’s reach in Florida beyond existing markets of Miami, Tampa and Delray Beach. The firm has recently added 77 agents across all its markets. Continue reading

Halfway through 2024, luxury looks stronger than in 2023

Some key factors agents will keep an eye on as the year continues include dream homebuying trends, elections, the economy, and growing and emerging markets, according to new midyear luxury reports from Compass, Coldwell Banker and Sotheby’s Internation… Continue reading

Lake Tahoe mansion makes a splash with $47.5M sale

Blockchains founder Jeffrey Berns is the seller. The home is one of the priciest to sell on Lake Tahoe and features 150 feet of lake frontage as well as a boat lift and shared deep water pier. Continue reading

Elon Musk signals foreclosure on former home of Gene Wilder

An entity tied to Musk has filed a notice of default on the property, which Wilder’s nephew purchased from Musk with the assistance of a loan from the Tesla CEO in 2020. Continue reading

Howard Lorber still in stockholders’ good graces after annual meeting

The CEO of Douglas Elliman was elected a director of the company alongside David K. Chene and Patrick J. Bartels during an annual stockholders meeting on Wednesday, much to the dismay of some disgruntled stockholders. Continue reading

Bureau of Labor Statistics revises job growth downward by 818K

The numbers suggest that the labor market cooled off much faster than was previously thought and is not in as strong a position as believed. The Federal Reserve now also has a case to make a bigger cut in interest rates than initially anticipated come … Continue reading

The Agency’s ‘Buying Beverly Hills’ fails to renew for third season

The Netflix show reportedly failed to renew because of factors surrounding number of views versus cost of production. Continue reading

Defiant Alexanders signal return to Official following cofounder exits

Tal and Oren Alexander are reportedly preparing a return to the public eye, now that Nicole Oge, Richard Jordan and Andrew Wachtfogel have left, despite ongoing lawsuits against the brothers. Continue reading