Growth in average home prices sluggish in December: Analysis

Home prices rose 4.7 percent year-over-year in December, falling from 5.1 percent in November, according to the latest Case-Shiller Home Price Index. Continue reading

Zillow stock surges with new CEO announcement

Friday’s rally is particularly notable because other than installing Rich Barton as CEO, the company appears to be largely staying the course it laid out in prior earnings calls — including doubling down on the very programs that had previously spooked… Continue reading

New rule should make it easier for homeowners to get flood insurance

In a nutshell, it sets a minimum bar for private insurance policies; if the policies meet those requirements, lenders who require flood insurance will have to accept them. Continue reading

What can we learn from the most expensive sale in the US?

David Friedman, co-founder of WealthQuotient, talks through the recent $238 million Central Park South Penthouse purchase by hedge fund magnate and founder of Citadel, Ken Griffin, and what we can learn about ultra-high-net-worth individuals. Continue reading

Local Realtors reel from report Amazon may avoid NYC

That news did not thrill real estate agents in the area, half a dozen of whom said they still hope Amazon goes through with the original HQ2 plan. But they also said that with or without the retail giant, Long Island City has already benefited from mon… Continue reading

Should Amazon buy Redfin?

Amazon is already dabbling in real estate and has hinted it may have bigger plans, but this week one analyst floated a way the company could take the plunge and become a major force in the sector: Buy online brokerage Redfin. Continue reading