Compass acquires 3,100-agent Gulf Coast giant Latter & Blum

Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time. Continue reading

California legislator proposes $1.25B affordable housing bill

United States Representative Adam Schiff (D-Calif.) is taking another shot at solving America’s housing crisis, this time through a proposal to convert government-owned buildings into affordable rental housing.

The Affordable Housing Conversion Act … Continue reading

‘Million-dollar’ cities have spiked to a new high in the US: Report

There are now 550 “million-dollar” cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis. Continue reading

Agents storm TikTok with flood of complaints after NAR settlement

Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them. Continue reading

3 multimillion-dollar mansions are at risk of sliding into the Pacific

Three mansions worth $12 million to $16 million in California are at risk of falling into the ocean after a post-storm landslide eroded cliffs in Dana Point. The story has sparked conversations about climate change and rising home insurance costs in th… Continue reading

Side CEO urges agents to reject negativity, lean into community

Guy Gal spoke out last week about the challenges of 2023 and the way agents can avoid falling prey to negativity even during tough times. Continue reading

Meet the French baker behind California’s big commission suit

Gael Fierro co-wrote a movie for Amazon Prime and ran a business selling cannelés before he decided to sue over the sale of his home in Los Angeles. Continue reading

First Team Real Estate’s new CEO has a ‘billion dollar’ goal for 2024

Ahead of Inman Connect New York this week, newly installed First Team Real Estate CEO Michele Harrington dishes on ambitious plans for 2024 and what she’ll be talking about at ICNY on Tuesday. Continue reading

Midcentury modern gem in Palm Springs hits market for first time

The 1958-built property designed by architect Hugh Kaptur and later renovated by architect Albert Frey is hitting the market for the first time since its completion at $8.75 million. Continue reading

Meet Inman’s 2023 ‘Person of the Year’: The Small Broker-Owner

Small brokers may not get as much attention as the big guys, but they make up the majority of the real estate industry’s firms and manage to win David-and-Goliath struggles every day. Continue reading