Opendoor brings iBuying services to New Jersey, New York state

The move will see Opendoor make cash offers in 17 counties in the two Northeastern states. New York City is not included in the expansion. It also brings Opendoor’s market count to 46. Continue reading

Home sells for $1M over asking and, well, San Francisco is just insane

The home’s previous owner purchased the property from the same agents two years earlier for $1.4 million, only to turn it around earlier this year for a whopping $3.5 million — reportedly in just three days. Continue reading

How one indie broker lured more than 20 agents from Compass

Last year, Dudum Real Estate Group made headlines when it hired nearly two dozen agents from Compass. Its broker-owner Julie Del Santo discusses how it came together. Continue reading

Pacaso’s latest market is California’s rugged, stunning Monterey Bay

Second home ownership platform Pacaso announced the acquisition of a home in the Monterey Bay market, a coastal, sought-after respite that boasts some of the nation’s most scenic communities, such as Pebble Beach and Carmel-by-the-Sea. Continue reading

Los Angeles wants to ban iBuying

Amid an ongoing housing shortage and rapid price appreciation, Los Angeles city lawmakers are now searching for ways to thwart iBuyers in their city. Continue reading

America’s priciest enclaves: The big risers and fallers in 2021

The most exclusive communities in the U.S. got even tougher to buy into in 2021, as home prices soared in the nation’s priciest ZIP codes, according to real estate data firm PropertyShark. Continue reading

$177M Malibu home sale sets new California record

The sale of fashion mogul Serge Azria’s 7-acre property in Malibu, California, for $177 million, has set a new record in the golden state. The buyer was venture capitalist Marc Andreessen. Continue reading

@Properties CEO on franchise biz: We’re coming for the big markets

In an interview ahead of Inman Connect Las Vegas, Thad Wong said blockchain will become part of the real estate transaction, and franchising will help smaller players survive. Continue reading

Despite risk, California fire zones still see rising home prices

A new study by Redfin found that in the areas impacted by California’s five largest wildfires between 2010 and 2020, home values grew at a rate of 21 percent, slightly slower than the surrounding markets. Continue reading

How the luxury housing market became invincible in 2021

Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year. Continue reading