Oren Alexander renting out Miami Beach home at $55K per month

The waterfront home on one of the Sunset Islands was listed for rent last week by Corcoran’s Isaac Lustgarten, who previously worked with the Alexanders at Official. The home spans 4,267 square feet and has four bedrooms. Continue reading

Existing-home sales fall to slowest pace since 2009 amid rising costs

Existing-home sales decreased by 5.9 percent from February and by 2.4 percent from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun. Continue reading

Chris Kelly on taking the reins at HomeServices, Compass chatter

Kelly is diving into his role as HomeServices’ CEO at a challenging time, but he told Inman he’s ready to get to work. He dished on private listings, Zillow and those Compass acquisition rumors. Continue reading

New-home sales beat expectations in March — by a long shot

The surge in sales was a welcome positive sign during a tenuous period for the U.S. economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows. Continue reading

LA agent caught smuggling 164 pounds of cocaine in Chicago

Jerome Nalbandian was caught toting four roller bags stuffed with 164 pounds of suspected cocaine through Chicago’s Union Station. Cook County Circuit Court Judge Deidre Dyer commented, “Wow. That’s a lot.” Continue reading

Mary Lee Blaylock leaves HomeServices for Sotheby’s Realty

Blaylock’s move to Sotheby’s International Realty comes about one week after Gino Blefari retired as CEO at HomeServices, and Chris Kelly stepped into the role. Blaylock will lead company-owned brokerage operations at the luxury brand. Continue reading

Tariffs to spur ripple effects across real estate, industry leaders warn

Rising construction costs and shifts in foreign investments will result in falling sales as the weight of the tariffs are felt across U.S. housing markets, economists and real estate leaders told Inman. Continue reading

Side and Alexander brothers settle breach of contract lawsuit

The embattled brothers can now say they have one legal action behind them. Terms of the settlement were not immediately disclosed. Continue reading

Coldwell Banker Realty launches Transaction Concierge

The support model, which is comprised of in-house human “client experience specialists” backed by Coldwell Banker Realty’s tech stack, can handle everyday administrative tasks for agents Continue reading

Coldwell Banker Realty launches Transaction Concierge

The support model, which is comprised of in-house human “client experience specialists” backed by Coldwell Banker Realty’s tech stack, can handle everyday administrative tasks for agents Continue reading