Florida dominates list of best markets for 1st-time homebuyers

Palm Bay, Cape Coral and Tampa top WalletHub’s list of the best markets for first-time homebuyers. However, a closer look at the rankings shows first-timers may need to sacrifice quality of life for affordability gains. Continue reading

Median sale price climbs to $426K for only 2nd time in US history

Undeterred by elevated mortgage rates, homebuyers battling over scant inventory pushed June’s median sales price to the second-highest level in history, according to new data released Monday by Redfin. Continue reading

Cash is still king as Florida agents navigate ‘wonkiest market’ in years

As the summer housing market in Florida heats up, homebuyers and sellers are discovering a tale of two markets that offers opportunities for luxury buyers — and next to nothing for everyone else. Continue reading

Former KW CEO Mark Willis ‘home’ 18 months after eXp recruit drama

A year and a half after Keller Williams legally blocked eXp World Holdings’ attempt to recruit Mark Willis, the former KW CEO has returned to his roots in a new consulting role, Inman has learned. Continue reading

Real estate agents tallied double-digit sales volume gains in 2022

Despite inventory hitting a 23-year low, the average Realtor ended last year on a solid note, according to the National Association of Realtors’ latest Member Profile survey, released Tuesday. Continue reading

Times names ‘modern farmhouse’ defining residential style of 2020s

The modern farmhouse, with its black and white exterior, board and batten, and classic interior is the style of the moment. Its rise coincides with a yearning for simpler times. Continue reading

Virginia is for lovers, irked buyers, stubborn sellers and bidding wars

Despite sales falling by double-digits, agents and brokers in Alexandria, Richmond and Norfolk, Virginia, anticipate a summer of heated bidding wars, tough negotiations and market headwinds. Continue reading

Compass snags $40M Dallas real estate team from Coldwell Banker

Dallas-based team leaders Jason Castro and Liz Mello have moved their team, The Castro Group, to Compass. They are the 48th agent or team to move from Coldwell Banker to Compass this year. Continue reading

Barbie’s Malibu DreamHouse would command $10M — if it was real

In anticipation of the July 21 premier of ‘Barbie,’ Airbnb has listed a real-life DreamHouse for two lucky guests. A Malibu broker estimated closing costs and a sales price for the fabled pink palace. Continue reading

The stories and trends that defined a whirlwind first half of 2023

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading