The Agency rides into Kentucky with Louisville franchise

As the luxury brokerage continues to expand its Midwestern presence, it has strategically moved into Kentucky with Managing Partner Jason Farabee leading the new office, according to the company. Continue reading

Miami luxury agent sentenced to 3.5 years in prison for PPP fraud

Daniela Rendon was sentenced on Thursday after having misused hundreds of thousands of dollars in pandemic relief funds for her own personal luxury purchases, claiming that at the time “everybody” was doing it, according to reports. Continue reading

‘An awakening’ to New Hampshire as luxury 2nd-home destination

The pandemic first started opening luxury buyers’ eyes to New Hampshire’s second-home-market opportunities, and now more and more ultra-luxury buyers are catching on. Continue reading

Kmart down to 2 locations, including 1 in haughty Hamptons

The town of Bridgehampton, where the median home price is $3.8 million, is home to one of just three remaining Kmarts. Soon it will be one of two, according to reports. Continue reading

Controversial Florida foreign buyer ban survives 1st major court battle

U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing. Continue reading

Jonathan Scott and Zooey Deschanel are engaged

The couple have been together since 2019 and recently completed a two-year renovation on a Georgian-style home they purchased together in 2020, according to reports. Continue reading

Tom Ford nabs Jackie O’s former Hamptons summer home at $52M

The deal is just the latest of Tom Ford’s big-ticket transactions, following a $51 million home purchase in Palm Beach at the end of last year and a more recent trading of that home for another mansion in the luxury South Florida market, according to r… Continue reading

Nearly 1 in 9 US homes command $1M as luxury prices soar in June

The share of U.S. homes valued at $1 million or more stopped shy of a record notched last summer as high mortgage rates and low inventory drove home prices upward in June, a Redfin analysis shows. Continue reading

Tighter federal regulations coming to luxury real estate market soon

The U.S. Treasury Department is poised to enact expanded reporting measures on luxury home sales, putting an end to anonymous purchases that have enabled oligarchs, terrorists and others. Continue reading