Top agent Tracy McLaughlin ‘boomerangs’ to The Agency

Following eight months at Engel & Völkers, McLaughlin has returned to The Agency. She told Inman she initially left the brand because of logistical issues surrounding her launch in Aspen. Continue reading

The Texas plan that could win even more new homeowners

High property taxes in Texas have in the past canceled out some of the state’s affordability advantages. But political leaders are looking for ways to reduce homeowners’ tax burden. Continue reading

Side restructures, wants staffers based in the markets they serve

The company, which supports real estate professionals who want their own brand, plans to have its staff members work in the markets where its partners are based. Continue reading

State Farm exits California homeowners’ insurance market

Inflation, construction costs and intensifying wildfire seasons pushed State Farm to stop taking new homeowners’ insurance applications in California, the insurance giant announced Friday. Continue reading

One of California’s biggest ghost towns sells for $22.6M

Eagle Mountain, which operated an iron mine for over three decades and has largely been abandoned since the late ’80s, has been sold to a mysterious company for unknown future use. Continue reading

Buyers will face a 271% premium for beach views in this Florida city

Tequesta, Florida, the northernmost town in the Miami metro area, commands the highest beach-view property premium compared to non-beach-view homes in the area, out of all U.S. coastal towns analyzed by Casago. Continue reading

It’s getting harder to make money on a home sale: ATTOM

A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent. Continue reading

Meet the boomerang agents returning to their old brokerages

As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold. Continue reading

Once again, Newark is named the worst city in the US to get stoned

The Gateway City once again ranked dead last in an annual ranking of the best cities for pot lovers, falling below Bridgeport, Connecticut, according to Lawnstarter in observance of 4/20. Continue reading

Will migration fizzle out in 2023? History points to existential shift

The migration trends that drove housing demand during the pandemic are ending. But that doesn’t mean people aren’t moving, according to an Inman analysis of historic data. Continue reading