Patriots owner Robert Kraft inks record Palm Beach penthouse sale

The $23.75 million sale marks the most expensive condo ever sold in Palm Beach, surpassing previous records in the high teens, according to appraisal firm Miller Samuel and property records. Continue reading

Here are the 30 most expensive home sales of 2022

The luxury real estate sector faced its ups and downs as the market entered a period of significant transition, but that didn’t prevent luxury clients from making some stellar deals. Continue reading

With $4M seed round, Rove launches property marketplace

The “remote work-friendly property brand” is in beta with a property sales portal, a marketplace, for selling short-term rental properties. Each listing’s financial filings are provided in full detail. Continue reading

Corcoran Reverie lures Florida’s Cindy Cole from Keller Williams

Cole will help Corcoran Reverie grow its luxury real estate footprint in Destin, Florida, and ranks among the top one-half of 1 percent of real estate agents by sales volume, according to a report. Continue reading

Luxury housing market plunges to new low as priciest inventory rises

Stock market declines and recession concerns stopped the luxury market in its tracks in Q3, with home sales in the top percentile of the market declining 38 percent year over year, according to Redfin. Continue reading

2022 by the numbers: The dirty data that drove a weird year in real estate

To better illustrate how capricious the real estate industry was in 2022, Inman searched high and low for rogue data points that drove the housing market and best reflected this year’s wild tumble. Continue reading

Luxury in ’22: Market slowdowns, reality TV, the metaverse and more

Luxury buyers finally decided to take a pause in 2022 as economic volatility shook the market. But despite a market slowdown, luxury companies and agents continued to make interesting moves. Continue reading

Sink or swim? That’s up to the agents

Expert John Aaroe is not afraid to ask the hard questions. Brokers need to step up and ensure the survival of the company. How much are they willing to invest to make company culture work to save their business? Continue reading

Eklund-Gomes renews 5-year contract with Douglas Elliman

While several other high-powered teams have left Douglas Elliman this year, Fredrik Eklund, John Gomes and Julia Spillman have decided to stay with the New York City-based firm for another five years. The group’s 90 agents have completed $4 billion in … Continue reading

‘Lego Movie’ honcho inks $91M sale, rounding out biggest deals of 2022

Jonathan Burton, a video game designer, film producer and director behind more than two dozen Lego movies and games, sold the Malibu mansion at the wire to score one of the top deals of 2022. Continue reading