Author Archives: Marian McPherson

The tiny Washington town that ruled Airbnb this summer

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Two-and-a-half hours from Seattle, Quincy has become the top Airbnb destination in the US. The 8,225-person town is known for its wineries, music and outdoor attractions. Continue reading →

Florida broker arrested for laundering son’s escort profits

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After 24 years of running an illegal escort service, mother-son crime duo Margareta von Lambert and Christopher Jelavic have been busted for using von Lambert’s real estate and art businesses to launder their profits. Von Lambert, 70, and Jelavic, 48, … Continue reading →

Easing rates expected to boost California home sales 10.5% in 2025

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The California Association of Realtors expects existing single-family home sales to reach more than 300K units by the end of 2025. Active inventory is due for a 10 percent boost as well. Continue reading →

Rupert Murdoch’s REA Group calls it quits on Rightmove acquisition

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News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3 billion was rejected by the UK portal’s board of directors. Continue reading →

Realtor.com’s Danielle Hale talks an ‘even bigger’ 2025 as rates drop

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Ahead of Inman Connect Austin, Realtor.com Chief Economist Danielle Hale talks mortgage rates, affordability, and when agents and consumers might reach the light at the end of the tunnel. Continue reading →

Buyer-broker commissions remain mostly steady since Aug. 17: Survey

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Business has largely continued as usual with 63 percent of agents reporting that sellers are “frequently” covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents. Continue reading →

New-home market a ‘bright spot’ as annual sales rise 9.8%

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New-home sales rose 9.8 percent year over year to a seasonally adjusted annual rate of 716,000 in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall. Continue reading →

Realtor.com releases enhanced map-based search feature

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Realtor.com released its new map-based search experience on Tuesday, which uses color-coded map layers to help homebuyers find their next home based on preferred home features and market trends. Continue reading →

Court denies Move’s preliminary injunction in suit against CoStar

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California District Judge George H. Wu declined Move’s preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of “imminent, irreparable harm.” Continue reading →

Murdoch’s REA Group makes another bid for UK’s Rightmove

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Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1 billion for Rightmove on Monday — a 10 percent increase from its first offer. Continue reading →