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Real Estate News

John Legend and Chrissy Teigen drop $17.5M on new home

One month after putting their Beverly Hills property on the market, John Legend and Chrissy Teigen have purchased a larger home for $17.5 million.

As new home sales soar, listings take a dip in August

New listings of newly constructed homes decreased 4.1 percent year over year to a seasonally adjusted rate of 74,000 in August, according to Redfin.

Bel Air megamansion returns to market with a mega price cut

Dubbed "Unica" and evoking a resort within a home, the spec mansion returned to the market asking $78M after originally listing for $100M in May.

How real estate is struggling to meet the needs of Latino homebuyers

Industry leaders, including NAHREP CEO Gary Acosta and Realogy CEO Ryan Schneider discuss how the industry can better serve the growing homebuyer demographic.

NAGLREP successor organizations begin to take shape

The LGBTQ+ Real Estate Alliance and the RealPride Network both coalesced this summer during a schism in the country's largest LGBT real estate trade group.

Could empty hotels be converted into high-end housing? Some say yes

As the pandemic continues to impact the travel and hospitality industries across the country, questions loom about what will happen to struggling hotels.

Luxury sales soar in a tiny Canadian town you’ve probably never heard of

Over the past five years, this British Columbia hamlet has seen a new demographic storm its pine tree-laden landscape, with a gaggle of homebuyers spurring new sales in excess of $3 million.

OpenFrame brings new twists to its virtual home tour app

The iOS app comes with a 360-degree camera and tripod, as well as some sharp value-add features that make it stand out among the growing selection of virtual tour tools.

Smart home tech for agents: Should you buy your own router?

Because a lot of us are spending more time at home, having a robust, reliable home network is more valuable than ever before, which is the exact reason you should consider buying a router. Here's how it works.

The Real Word: Should agents disclose referral fees?

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they'll discuss the importance of disclosing referral fees, markets in trouble and using TikTok for business.

Inman Handbook: Branding your way to success

Branding includes logos, photos and plenty of other visuals. But at its core, it's really about story and identity, experts told Inman.

Better.com in talks to raise funding at a $4B valuation: Report

Fintech startup reportedly expects to bring in more than $800 million in revenue this year as mortgage demand soars, according to a new report.

Stabbing of property manager tied to tenant’s eviction at luxury tower

A double stabbing in Seattle that left one dead and another seriously injured may be connected to a property manager's attempt to evict a tenant Wednesday.

Home price growth stays strong for now — but the future is murky

After forecasting housing price declines of approximately 0.3 percent this year, experts have adjusted those predictions this quarter to reflect an increase in prices by 3.7 percent.

OJO Labs launches exclusive referral network for ‘top’ agents

The company will pre-vet consumers and provide AI-fueled insight to real estate agents prior to hand-off.

New home sales break 1M mark for first time since 2006

Historically low-interest rates and a lack of existing homes pushed new homes sales to a new high, according to the U.S. Census Bureau and Department of Housing and Urban Development.

Homebuyer migration rates reach highest level since 2017: Redfin

At a national level, 28.7 percent of Redfin.com users looked to move to a different metro area during July and August, according to a new migration report.

Zillow continues ‘natural evolution’ with brokerage shift: Deutsche

Zillow's decision to hire its own agents for Zillow Offers is the latest in its shift to becoming a platform, according to a trio of Deutsche Bank analysts.

Corcoran follows the suburban boom into Westchester County

The brand is setting up shop in the suburbs north of New York City — just as President Trump seeks to characterize it as "ground zero" for crime.

Compass CEO Robert Reffkin calls on Congress to provide aid to agents

Robert Reffkin argued coronavirus aid shouldn't be limited to W-2 workers. The National Association of Realtors has also said it is working to ensure aid packages to benefit agents.