Former Google CEO scores buyer for $39.5M NoHo penthouse

Former Google CEO Eric Schmidt has found a buyer for his Manhattan penthouse, which listed for $39.5 million in December. It was the priciest home under contract last week among 29 NYC properties. Continue reading

Umansky and Dwiggins face off in the great Clear Cooperation debate

Tune in to Inman Access, and decide which side of the debate between The Agency’s Mauricio Umansky and NextHome’s James Dwiggins you’re on. Continue reading

Homebuyers remain sidelined despite more listing options

Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading

Bess Freedman on why Compass’ listing portal is raising red flags

Launched Monday, Compass One’s aim is to funnel business through private exclusive channels, Brown Harris Stevens CEO Bess Freedman writes — yet it threatens a healthy real estate market. Continue reading

Trump signs water order in California, seeks to add conditions

The president signed an executive order instructing the U.S. Bureau of Reclamation to direct more water through the Central Valley Project and potentially withhold federal aid if the state didn’t comply. Continue reading

Listing descriptions are the most popular way to use AI: SURVEY

Delta Media Group conducted a survey of 100 brokerages on their sentiment toward the growth of artificial intelligence in real estate. Continue reading

For these ‘stranded’ homeowners, no rate cut will coax them to list

Cheap rates on existing loans are holding well-off homeowners in place. But others insist they’re unable to buy at today’s high prices — whether rates come down or not, Intel survey data suggests. Continue reading

Co-ownership of Michael Jordan’s former mansion starts at $1M

After languishing on the market for more than a decade, the basketball legend’s Highland Park, Illinois, estate is now a timeshare, with co-ownership beginning at $1 million, plus 2 percent annual expenses. Continue reading

‘Breaking Bad’ house on sale for $4M; owner is ‘done’ with fans

Joanne Quintana, the current homeowner, lived in the home with her family when filming began and was excited for the production. However, what started as a novelty eventually became overwhelming. The situation escalated when a package addressed to “Wal… Continue reading