After a year of hunting, JLo and Ben Affleck close on $61M mansion

They may have fame and money, but celebrities have to go through the painful process of house hunting just like the rest of us, Bennifer’s homebuying journey shows. Continue reading

The portal wars: Can any challenger seize the throne from Zillow?

Zillow has the most traffic, according to an analysis by Intel, but at least one rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run. Continue reading

Realtor.com parent Move saw traffic and revenue fall in Q1

Between January and March, Realtor.com had an average of 72 million unique monthly users — down 24 percent compared to one year earlier, according to the company’s first-quarter earnings report. Continue reading

$170M off-market mega-mansion deal sets new Palm Beach record

The off-market deal in the luxury enclave was conducted by a luxury car dealer and the founder of Green Mountain Coffee. It marks a new record for Palm Beach, and becomes one of the priciest deals of 2023 so far. Continue reading

Can a mega-mansion in Paradise Valley bring in a record $75M?

The state’s priciest-ever deal sold for $28.1 million in Scottsdale in June 2022, but with the lure of features like a metaverse room, a spa that generates snow and a lazy river, developers in Paradise Valley think they can get $75 million for an estat… Continue reading

Proptechs, polish your pitch decks: Fifth Wall closes record $866M fund

Venture capital firm Fifth Wall Ventures’ fund, the largest ever to focus on real estate technology, will back early- and late-stage proptech companies, including some home renovation innovators. Continue reading

Park City listing is one of the town’s priciest at a pretty $29M

The modern home, designed by architect Wallace Cunningham and constructed from glass, steel and concrete, was named “Cascade” for its structure, which seems to flow down the hillside like a waterfall. Continue reading

Media mogul nabs one of 2022’s priciest listings for $100M

Billionaire media mogul Byron Allen has purchased a Malibu estate for $100 million, making the deal the most an African American buyer has ever paid for a home in the U.S. Continue reading

Gilded Age mansion breaks Fifth Ave. townhouse record in $50M sale

The Beaux-Arts-style townhouse had not traded hands in over 75 years and marks a price record for any townhouse sold on Fifth Avenue, according to Douglas Elliman Realty. Continue reading

Venture capitalist Marc Andreessen buys another Malibu pad for $44.5M

Months after buying a separate home down the street for $177 million, Marc Andreessen and wife Laura Arrillaga-Andreessen have purchased a second Escondido Beach home. Continue reading