Cash prevails as king when it comes to luxury

Luxury real estate agents can expect wealth strategy, “smart luxury,” move-up buyers, the ultra- and aspirationally-wealthy divide, and cash purchases to impact the market in the months ahead. Continue reading

Home price gains relaxed in April, near slowest pace in 2 years

The FHFA HPI rose 3 percent on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7 percent annual gain. Continue reading

Speaking at San Diego Connect is a mitzvah for Michael Liebowitz

The president and CEO of Douglas Elliman sat down with Inman to discuss some of the brokerage’s most recent exciting updates and said he doesn’t view speaking engagements as a chore, but more like a good deed. Continue reading

Corcoran Genesis acquires Corcoran Ferester Realty

With their combined forces, the companies will have about 65 agents to serve the greater Houston real estate market, Inman has learned. Continue reading

Anywhere names Barri Rafferty chief communications officer

The communications vet and former CEO will handle government relations, events and productions functions for the company and will report to CEO Ryan Schneider, Inman has learned. Continue reading

Compass sues Zillow over private listings ban

The antitrust suit, filed Monday in the Southern District of New York, accuses Zillow of using anticompetitive behavior to “protect its monopoly and revenues in violation of the antitrust laws.” Continue reading

Christie’s Real Estate expands into Traverse City, Michigan

The firm’s new office, overseen by broker Ken Kleinrichert, will open in July on South Union Street. Top producers Molly Buttleman and Lydia Wiley will serve as key agents leading sales for the new office. Continue reading

Fire-scarred CA neighborhoods ‘not even close’ to bottoming out

The Amalfi Estates owner said listings are slowing down and prices have been dropping, but there’s plenty of room to fall, which is extending the buyer’s market. Continue reading

How homeowners, not builders, are driving Denver’s inventory boom

How is Denver out so far in front of the pack? Without a building boom, owners of existing homes are flouting a ‘rate lock-in’ and weak demand in a way that helps explain a broader national trend. Continue reading

24-year-old Twitch streamer Adin Ross buys $26M Florida mansion

The controversial Grand Theft Auto streamer secured the 10-acre property with a $12.7 million mortgage. The sellers are aerospace executives who built a new home on the estate in 2024. Continue reading