CoStar posts profitable Q2 as real estate portals tally record traffic

The commercial and would-be residential giant saw revenue jump 13 percent year over year in the second quarter while profit climbed 20 percent, according to a 2Q earnings call Tuesday afternoon. Continue reading

New Yorkers are white-knuckling a turbulent summer buyer’s market

Like the energy of its premier city, homebuyers and sellers in New York State are grappling with a rollercoaster summer, with extreme buyers’ and sellers’ markets taking consumers on a wild ride. Continue reading

Compass nabs ‘star’ New York City agent and team from SERHANT.

Maggie Wu is the latest of many agents to “boomerang” back to Compass after briefly leaving for another company. She leads the 4-person W Team which closed $102 million in sales last year. Continue reading

Rex Heuermann: What we know about the killer’s architecture firm

The founder of RH Consultants & Associates in Long Island, New York, oversaw projects on behalf of Target, Nike and others while allegedly carrying out a string of murders between 1996 and 2011. Continue reading

Manhattan luxury-condo sellers are giving in to buyer demands

Even as transactions are going through for higher-priced condos and apartments, sales in the lower price tiers have been drying up. Continue reading

‘Voluntary moves are gone’: Why today’s buyer looks so different

More buyers today are moving because they have to. Here’s what they look like — and how agents are courting their business in a down market. Continue reading

Oxygen loss may have led to crash that killed Keller Williams agent

Adina Azarian died Sunday when the small plane she was on crashed in Virginia. Investigators are now exploring the possibility that hypoxia impacted people on the Cessna 560 Citation V. Continue reading

Keller Williams agent, daughter die after plane drifts into no-fly zone

The plane, which drew military intervention after it flew into restricted airspace, crashed Sunday, killing four people, including NYC-based agent Adina Azarian and her 2-year-old daughter, Aria. Continue reading

UrbanDigs launches custom advisory service for NYC agents

Reports from UD Advisor examine listings and specific situations with hyper-local market data, relevant sales and custom analytics from UrbanDigs to provide agents with actionable, data-based recommendations for their businesses, Inman has exclusively … Continue reading