Concierge Auctions launches new division focused on luxury condos

The division with an emphasis on new development is led by new dev marketing vets Louise and Paul Sunshine and will provide developers and financial institutions with an alternative to the traditional sales market. Continue reading

Byron Allen sells unit inside NYC’s 220 Central Park South for $82.5M

The media mogul bought the 6,600-square-foot unit in 2023 for $75 million, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit within the building. Continue reading

Housing market challenges aren’t over yet, Barbara Corcoran warns

Mortgage rates have inched downward, with the 30-year fixed rate falling down “by a fraction of a point to 6.96 percent,” Corcoran said, representing the lowest rate in six weeks. The 15-fixed loan rate was 6.21 percent as of Thursday. However, Corcora… Continue reading

NYC real estate vet Scott Harris launches Magnetic firm with Side

After 18 years with Brown Harris Stevens, Harris has set off on his own with members of his previous team alongside him. The firm will put a high focus on client and agent service. Continue reading

What’s next under President-elect Trump’s 2nd term? The economy

Inflation and sticky mortgage rates undercut the housing market in 2024. President Trump has vowed to force both metrics down — but conflicting economic policies may make that goal difficult. Continue reading

Eliminating ‘Days on Market’ will hurt clients — and your commission

With some calling for the removal of “Days on Market” data on listings, broker Cara Ameer warns that consumers need context, insight and advice — and concealing the information is a disservice. Continue reading

Corcoran Group veteran Julie Pham joins Compass

After 20 years with Corcoran, veteran broker Julie Pham has moved to Compass. Pham, alongside former Corcoran agent Angela Remigio, also started a namesake team focused on new development and international buyers. Continue reading

Corcoran Icon Properties expands into Palo Alto

The Corcoran Group franchise now has 24 physical offices with the launch of its latest in Palo Alto. The office is led by Managing Broker Benyam Mulugeta and Sales Manager and Partner Susan LaRagione. Continue reading

Palm Beach, a suburb? Not likely, residents say

Residents were taken aback when GoBanking.com recently categorized the luxury haven as a “suburb.” Local agents agree that Palm Beach is “a category by itself.” Continue reading

Corcoran rolls out new AI software to help agents market listings

The new platform, Corcoran Copilot, is integrated with Corcoran’s listing databases and will initially help agents with developing materials like listing descriptions and video scripts. Continue reading