High-net-worths find safe harbor in real estate: Sotheby’s Realty

A steady course is predicted for luxury real estate throughout the remainder of 2025, the firm’s mid-year luxury report said, creating “compelling opportunities for strategic homebuyers and sellers,” according to CEO Philip White. Continue reading

Ex-First American CEO entitled to $18M following cruise ship brawl

First American Financial Corp. terminated CEO Kenneth DeGiorgio “without cause” on April 10 after authorities charged the title insurance veteran with misdemeanor assault aboard a cruise. Continue reading

First American CEO Ken DeGiorgio terminated, new CEO named

First American Financial Corporation has appointed Mark E. Seaton as its new chief executive officer, just weeks after the title insurer’s former CEO Kenneth DeGiorgio was charged with misdemeanor assault. Continue reading

First American CEO accused of choking barefoot cruise passenger

Kenneth DeGiorgio now faces a criminal assault charge following an incident aboard the Virgin Voyages Resilient Lady cruise ship, according to an FBI criminal complaint. Continue reading

Existing-home sales dip in January but maintain annual growth

Existing-home sales dropped in January, as high mortgage rates and rising home prices continued to squeeze buyers, according to the National Association of Realtors (NAR). Existing-home sales fell 4.9 percent in January to a seasonally adjusted rate of… Continue reading

Home prices hit new highs in 2024. These 2 factors could ease the pain 

Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall. Continue reading

First American settles ‘no-poach’ allegations with New York AG

The $4.5 million agreement follows similar settlements with “big four” title insurance underwriters Fidelity National Financial, Old Republic National Title Insurance and Stewart Title Guaranty. Continue reading

Offerpad buys more time with $90M raise as end of runway approaches

Private placement with existing investors including CEO Brian Bair extends the company’s cash burn runway by six months to a year, KBW analysts say. Continue reading

‘Big four’ title insurers take market share from independents

As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw second-quarter premiums drop by 18.4 percent. Continue reading

As proptech stocks get clobbered, investors look to the future

Proptech stocks have lost a quarter of their value over the last year. Investors at Inman Connect Las Vegas Chris Gough, Krishna Srinivasan and Paul Hurst, say there is still a lot to like. Continue reading