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

Demand for urban homes will be ‘muted’ for years: McKinsey

Consulting firm McKinsey & Company has found that pandemic-induced hybrid work is here to stay, for better or worse, ensuring permanent consequences for real estate agents in larger cities. Continue reading

Lone Star lawmakers pass ‘largest property tax cut in Texas history’

The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the U.S. Continue reading

8% of buyers got down payment help from family this year: Survey

A new survey of 1,700 real estate agents this spring found that homebuyers in the Northeast and in Southern California were the most likely to get financial help from their family. 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

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

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

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

Side restructures, wants staffers based in the markets they serve

The company, which supports real estate professionals who want their own brand, plans to have its staff members work in the markets where its partners are based. Continue reading