The top 1% could buy nearly all homes in the US with their wealth

The value of America’s nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis. Continue reading

Former Engel & Völkers CXO Peter Ianos joins The Agency

Ianos has been in the industry for more than two decades, and spent about 12 years at Engel & Völkers, where he served in a variety of leadership roles. Continue reading

SoHo broker Keith Copley leaves Eklund | Gomes for Nest Seekers

Copley has specialized in SoHo’s luxury market for 30 years and sold over 50 apartments on Greene Street alone, growing a client roster that includes celebrities, athletes and Fortune 500 executives. Continue reading

Byron Allen sells unit inside NYC’s 220 Central Park South for $82.5M

The media mogul bought the 6,600-square-foot unit in 2023 for $75 million, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit within the building. Continue reading

More sellers are taking a hard-line approach with commissions: Intel

The most recent Intel Index data suggests that agents are beginning to track patterns in what’s happening to their commission rates in response to the industry practice changes, and are less uncertain about how it’s impacting their business. Continue reading

Hsieh returns to LoanDepot as Frank Martell steps down as CEO

Martell will transition into a board advisory role by June and Anthony Hsieh will return to the executive leadership team after the board ousted him in 2023, officials announced Thursday. Continue reading

LA wildfire victims get extension on foreclosure, eviction moratorium

The moratorium on foreclosures and evictions for wildfire victims with FHA-backed single-family mortgages will be extended until July 7, 2025, HUD announced Thursday. Continue reading

Middle East and Asia drove global residential luxury growth last year

Despite global uncertainties, many investment opportunities exist for the wealthy in today’s market, Douglas Elliman and Knight Frank’s The 2025 Wealth Report shows. And they continue to be interested in real estate. Continue reading

Beau Blankenship, Jacob Watkins sign onto Christie’s Real Estate

The two top producers formerly of Engel & Völkers 30A Beaches and Corcoran Reverie have launched a new flagship location in northwest Florida called Christie’s International Real Estate Emerald Coast. Continue reading

John Davis escalates lawsuit against KW with new accusations

The former Keller Williams CEO expanded on previous allegations of financial misconduct in new court filings while adding new claims of alleged sexual misconduct by Gary Keller’s son, John Keller. Continue reading