Compass scoops up high-end SoCal boutique brokerage

DPP Real Estate has more than 175 agents and specializes in architecturally significant properties. Moving forward, the firm will be known as DPP @ Compass. Continue reading

Texas, Florida buyers are trading civil rights for affordability: Redfin

Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey. Continue reading

Real estate heroes come to rescue after suffering losses in Maui fires

Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces. Continue reading

To win this summer, homebuyers in California are turning every stone

With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman. Continue reading

New SDAR CEO taking embezzlement suit ‘seriously’

Cory Shepard took the reins at the San Diego Association of Realtors last week after now-former CEO Michael Mercurio was accused of stealing over $1M in association funds, the complaint reads. Four former executives filed the case against SDAR last week. Continue reading

San Diego Realtors sack CEO after $1M embezzlement lawsuit

The suit accuses now ex-CEO Mike Mercurio of using association credit cards for personal purchases, inflating his vacation time and selling items that the association paid for on eBay. Continue reading

Los Angeles apartment owners sue over COVID rent freeze

The suit from the Apartment Association of Greater Los Angeles argues that the city’s rent freeze rule robs property owners of income and due process. Continue reading

Coldwell Banker recruits California power team away from Compass

The Swann Group’s agents are the latest of hundreds who have moved from Compass to Coldwell Banker over the past year, the latter brokerage told Inman this week. Continue reading

Amid growing insurance crisis, Farmers pulls out of Florida

A number of insurance providers have left Florida over the last year, apparently driven away thanks to extreme weather and a challenging legal landscape. Continue reading

Lone Star lawmakers pass ‘largest property tax cut in Texas history’

The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the U.S. Continue reading