Luxury agents signal cautious optimism in second half of 2024

Elections, interest rates and tax policies all may impact the luxury market for the remainder of the year, according to midyear reports from Christie’s Real Estate and Sotheby’s International Realty. Continue reading

Jessica Chastain lists Midtown Manhattan pad for $7.45M

The “Zero Dark Thirty” star purchased the home for $5.1 million in 2015. A number of well-known musicians have lived in the apartment in its time, including Leonard Bernstein, who composed “West Side Story” while living there. Continue reading

Are New York’s famously uptight co-op boards starting to chill out?

These “dinosaurs” of New York City’s luxury residential market are on the cusp of modernizing, agents told Inman. Savvy buyers who get in now can still invest while prices are undervalued. Continue reading

Anywhere’s revenue holds steady in Q1 amid ‘tough’ housing market

Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call. Continue reading

Star broker Jaime Richichi moves to Sotheby’s International Realty

NYC Compass broker Jaime Richichi is taking her talents to Sotheby’s International Realty. Richichi’s home base will be SIR’s East Side Manhattan brokerage; however, she’s also licensed to serve clients at the brokerage’s East Hampton and William Pitt … Continue reading

Brokerages must focus on culture, community, connection in 2024

Luxury leaders from Sotheby’s International Realty, Compass and Douglas Elliman shared how luxury clients are responding to changes in the market now and how their brokerages each uniquely support agents. Continue reading

Riding a Golden Globes high, Emma Stone lists LA house for $3.995M

The actor, who recently won a Golden Globe for her performance in Yorgos Lanthimos’ “Poor Things,” is selling a gated, Spanish-style home in LA’s Comstock Hills neighborhood. Continue reading

8 main takeaways from Sotheby’s 2024 Luxury Outlook Report

Sustainability, global policy and technology are some of the biggest luxury topics going into 2024, according to the report released on Wednesday. CMO Bradley Nelson also said luxury agents should keep growing their networks to succeed in the new year. Continue reading

What the biggest names in real estate really thought of 2023

Fourteen of the real estate industry’s biggest leaders shared their thoughts on rising mortgage rates, slowing sales, antitrust suits, National Association of Realtors drama, and several other headline-making stories along with their hopes for the new … Continue reading

The 31 biggest residential deals of 2023 commanded $50M or more

New York City and Palm Beach saw the greatest number of high-end luxury sales this year, while Los Angeles, marred by the new mansion tax, did not make the list. Continue reading