Buyers need an income that starts with a 3 to live in this pricey city

Homebuyers need to earn an income of more than $150,000 to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. But in San Jose, buyers must earn at least $361,000. Continue reading

Coastal cities lead as single-family rent growth soars to 10-month high

Rental price growth for single-family apartments surged 3.4 percent in February, with Boston, Seattle and New York City rising fastest among U.S. cities, according to CoreLogic data released Tuesday. Continue reading

New York Republicans aim to roll back so-called ‘squatters rights’

New York State Sen. Mario Mattera and Assembly member Ed Flood introduced new legislation last week that aims to make it easier for property owners to remove squatters from their land. Continue reading

New York-based David Rosen and team join SERHANT.

Rosen’s team includes seven additional real estate agents and one administrator, according to an announcement. Their move to SERHANT. comes as brokerages battle over top talent. Continue reading

New York Comptroller asks eXp to investigate sexual assault claims

The office of New York State Comptroller, which holds nearly 27,000 shares of eXp World Holdings stock, sent a letter to eXp CEO Glenn Sanford requesting he establish an independent committee to formally look into the allegations. Continue reading

Compass CEO Robert Reffkin comes out in favor of Homes.com

On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024 and revealed he takes public transit around New York. Continue reading

Umansky says industry is in ‘trouble’ as he debuts NAR rival

The founder of The Agency is part of a team launching the American Real Estate Association as NAR continues to face criticism and legal trouble. Continue reading

Compass recruits influencer (and Corcoran agent) Randy Baruh

Baruh works in New York City and brings with him three other agents and one administrator. His move comes as brokerages compete intensely for top talent. Continue reading

EXp captures top-producing team in New York’s Hudson Valley

The Virginia Corbett Home Team includes 16 agents and five staffers. The team’s move to eXp comes as brokerages across the U.S. compete for top talent. Continue reading