The area’s high-end homebuyers, many of whom work in tech, don’t take market fluctuations well, largely because their wealth is typically generated through IPOs and stocks. If the stock market is in a tizzy, they won’t be buying real estate. Continue reading
NOAA expects 13 to 19 named storms to arrive now through the end of November. More than 33 million properties face potential damage from high winds and more than 6 million from flooding as a result of storm surge. It’s unclear how federal cuts may hind… Continue reading
Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels. Continue reading
During a keynote address Tuesday, the CEO rallied the firm’s agents and staff against Compass naysayers, discussed short-term goals of seller choice and agent listing attribution, and unveiled the latest rendition of Compass AI. Continue reading
The federal law enforcement agency withdrew objections to a fourth proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action. Continue reading
The Brown Harris Stevens vet will be moving into a consulting role as of July 1. East and West Side sales managers Itzy Garay and Kevin Kovesci will become co-presidents of the brokerage’s New York City region. Continue reading
Rental demand for ultra-luxury properties in the beach market is down as much as 75 percent this year, according to local brokers, due to economic volatility and poor spring weather. Continue reading
Stephen Kotler is leaving Douglas Elliman following a three-decade career at the brokerage. Meanwhile, his son Max has joined Corcoran Group with intentions of building a new team. Continue reading
The luxury brokerage is launching an international division, “Elliman International,” and recruiting agents and teams to establish offices in strategic global markets, Inman has learned exclusively. Continue reading
The Douglas Elliman team is entering into the growing luxury market in Florida by serving as exclusive sales and marketing reps for Kaiya Beach Resort, which features 131 luxury residences. Continue reading