@properties to acquire Christie’s International Real Estate

The long-term brand license agreement is expected to close on Dec. 1 and will position Christie’s for “accelerated growth under the leadership of an industry expert,” Inman can exclusively report. Continue reading

Real estate investors bought record-breaking number of homes in Q3

Investors purchased a record 18.2 percent of U.S. homes, amounting to a new high of $63.6 billion in homes during the third quarter of 2021, according to a new Redfin analysis released Monday. Continue reading

In the end, Elon Musk hired agents to sell his final ‘earthly possession’

After putting San Francisco home on market without the help of an agent, the SpaceX CEO relented, tapping Mary and Brent Gullixson of Compass to sell last property in his portfolio. Continue reading

@properties CEO on the ups and downs of being an indie brokerage

“Cards get stacked against indies,” said Thad Wong, @properties co-founder and CEO, during Connect Now when discussing the challenges of being an independent brokerage. But he also explained why he wouldn’t have it any other way. Continue reading

Builder confidence soars as demand overshadows supply chain issues

Despite shortages of materials, lots and labor, consumer demand beat expectations, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading

The Agency launches its 25th franchise in Denver

The franchise will be the brokerage’s second in Colorado, and will be led by Kacey Bingham and Jared Blank, formerly of LIV Sotheby’s International Realty. Continue reading

Vacasa revenue hits all-time high in Q3

The company’s gross booking value surged 97 percent year over year to $776 million. In response, revenue also hit a record high of $330 million, up 77 percent year over year. Continue reading

WeWork tallies revenue increase in first earnings as a public company

The embattled co-working startup saw revenue increase and its losses improve while All Access memberships rose 60 percent from the previous quarter. Continue reading

Politics are polarizing — and they’re impacting where people want to live

From how well an area’s politics jibe with an individual’s own to how a place has handled the pandemic, politics are influencing where people want to live, according to Zumper. Continue reading

Portfolio of historic Michigan mansions lists for $3.49M

The eight homes, which are located in the Upper Peninsula and date to the early 1900s, are ripe for investment as short-term rentals. Continue reading