Compass snags high-performing Rhode Island Sotheby’s team

The Blackstone Team is based in Providence and closed more than $95 million in sales volume last year. The team’s move to Compass comes amid intense competition for top talent. Continue reading

DJ Envy partner charged in alleged real estate Ponzi scheme

Federal prosecutors announced Wednesday that Cesar Pina had been charged with one count of wire fraud for running a pyramid scheme targeting real estate investors. Continue reading

Breakfast Club’s DJ Envy accused of endorsing pal’s home-flip scam

RaaShaun Casey, host of the syndicated iHeartRadio show “The Breakfast Club,” is accused of promoting pal Cesar Pina’s home-flipping venture, frequently in distressed areas of New Jersey. Continue reading

Corcoran affiliate expands Jersey Shore presence with acquisition

Corcoran Baer and McIntosh will expand into Sea Girt, New Jersey, with the acquisition of Ocean Pointe Realtors, the company exclusively told Inman. Continue reading

The Texas plan that could win even more new homeowners

High property taxes in Texas have in the past canceled out some of the state’s affordability advantages. But political leaders are looking for ways to reduce homeowners’ tax burden. Continue reading

KW, Coldwell Banker and others sued over alleged discrimination

The new lawsuit claims that a host of big-name real estate companies, as well as various landlords, refused to accept Section 8 vouchers for lower-income renters. Continue reading

Agents tell hoarder horror stories: ‘The sheriff couldn’t even go in’

From towering garbage to high-level stench, agents told Inman their most traumatic tales from clutter-inclined clients following the discovery of a home filled with “millions” in old comic books. Continue reading

Once again, Newark is named the worst city in the US to get stoned

The Gateway City once again ranked dead last in an annual ranking of the best cities for pot lovers, falling below Bridgeport, Connecticut, according to Lawnstarter in observance of 4/20. Continue reading

58 cities that had million-dollar homes in 2022 don’t anymore: Study

The number of U.S. cities where the typical home value was $1 million or more has dropped from a high of 522 in July 2022 to 464 as of January 2023. Continue reading

Fueled by new wealth, ‘ultra-luxury’ real estate tallies big year in 2022

Sales of homes valued at $10 million or more in newly emerged or reemerging markets helped propel transactions in that sector beyond pre-pandemic levels in 2022 while falling short of 2021 levels. Continue reading