$1M homes hit all-time high in US

A record 8.5 percent of all U.S. homes are worth $1 million or more, up from 7.6 percent last year and 4 percent before the pandemic, according to a new Redfin analysis. California is adding them faster than other states. Continue reading

More agents leave Official in wake of Alexander brothers’ departures

At least five agents based in New York and Miami have left the firm in about the last week. Previously, West Coast founding broker Tyrone McKillen had also left the Side-backed brokerage. Continue reading

Commercial market bottom nears as foreclosures surge

Portfolios of foreclosed and seized office buildings, apartments and other commercial buildings hit $20.5 billion during the second quarter of 2024, the highest quarterly figure posted since 2015, according to MSCI. Continue reading

Douglas Elliman, Side execs knew of Alexander bros, sources claim

New reports from “The New York Times” and “The Wall Street Journal” suggest that executives at Douglas Elliman and Side had heard about sexual assault allegations made against the Alexander brothers while they worked for their firms. Continue reading

Alexander brothers rape allegations draw scrutiny from FBI

Women who claim to be victims of the Alexander brothers, or witnesses to alleged assaults, have been approached by agents from an FBI task force, “The Wall Street Journal” reported Tuesday. Continue reading

How much longer can developer Michael Shvo push up prices?

The luxury developer has gambled by purchasing exclusive properties across the U.S. and further developing them into elite and expensive residences. Sales thus far don’t clearly show that the gamble will pay off. Continue reading

Sean Hannity parts ways with Long Island home for $12.7M cash

The conservative talk show host put the property on the market in May, and it went under contract within one week after receiving four offers. A fan reportedly purchased the home, as well as its furniture and books from the library. Continue reading

House made famous by ‘Home Alone’ hits market for $5.25M

The red brick Georgian mansion, known by children all over the world as Kevin McCallister’s home, is back on the market after 12 years and comes with a large Kevin Lego figure for the home theater. Continue reading

American Cancer Society relists former NFL owner’s home for $35M

After years of trying to sell the mansion alongside the Potomac River, former Washington Commanders owner Dan Snyder donated the estate to the ACS. Now the charity is attempting its own sale. Continue reading

Max Azria’s former estate heads to auction 9 years after first listing

The estate is being listed by Branden and Rayni Williams of The Beverly Hills Estates for $55 million as it simultaneously prepares to head to a no-reserve auction with Concierge Auctions from May 9 through May 23. Continue reading