NAR’s membership is now shrinking for the 1st time in years

The organization’s membership was down 0.66 percent in April compared to a year earlier. NAR thinks the numbers may fall even further. Continue reading

Engel & Völkers enters nation’s capital with 14th Street shop

The new office, led by License Partners Rick Foster, Tom Spier, Phil Di Ruggiero and Travis Gray, will service neighborhoods in D.C. as well as Montgomery and Prince George’s counties in Maryland; and Arlington, Alexandria and Fairfax Counties in Virgi… Continue reading

Fueled by new wealth, ‘ultra-luxury’ real estate tallies big year in 2022

Sales of homes valued at $10 million or more in newly emerged or reemerging markets helped propel transactions in that sector beyond pre-pandemic levels in 2022 while falling short of 2021 levels. Continue reading

Douglas Elliman to expand into nation’s capital

Brokers and co-Presidents Ruth Boyer O’Dea and Evan Lacopo, both formerly of TTR Sotheby’s International Realty, will lead the three new locations in Washington, D.C.; Arlington, Virginia; and Bethesda, Maryland. Continue reading

Go Brent Realty launches homeowner matchmaking database

The online database is free for homeowners located in the Washington, D.C., metro area, and homeowners can opt to provide as much or as little personal information to Go Brent as they like. Continue reading

Compass acquiring third title company in less than a month

The fast-growing brokerage will pick up CommonGround Abstract, which serves Pennsylvania and New Jersey. The deal highlights Compass’ aggressive acquisition strategy. Continue reading

Fall housing outlook: Cooling prices, tighter inventory, less competition

As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight Continue reading

Investors say car condos are ‘better than owning an apartment’

With a rise in vehicle ownership and a decline in available street parking, Manhattan investors are betting big on car condos as New Yorkers prepare to return to in-person work. Continue reading

Annual apartment rent growth, occupancy hit new highs in July

The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading

RedfinNow becomes first major iBuyer to launch in Chicago

The expansion follows RedfinNow’s recent moves into other northeastern markets, including Baltimore, Washington, D.C., and Boston. Continue reading