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Luxury Home Sales Rise While Sales Activity Declines

Luxury Home Sales Rise While Sales Activity Declines

by Phil Hall | Oct 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Luxury home sale prices were up by 3.9% year-over-year to a median $1.25 million, a record high for the month of August, according to new data from Redfin. Luxury home prices grew nearly three times faster than non-luxury home prices, which increased 1.4% to a median...
FCP Expands into Las Vegas with Apartment Community Acquisition

FCP Expands into Las Vegas with Apartment Community Acquisition

by Phil Hall | Oct 2, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm FCP has made its first foray into the Las Vegas market with the acquisition of The Avondale Apartments, a 560-unit community. Avondale comprises one-, two-, and three-bedroom residences in three-story buildings. Community amenities...
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million

169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million

by Phil Hall | Oct 2, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A 169-unit portfolio of Connecticut affordable housing complexes was sold for $39.7 million. The portfolio consists of the 10-story, 116-unit Kimberly Place in Danbury and the five-story 53-unit One Leonard in Norwalk. Both properties are set aside for senior...
Corcoran Group Announces First Franchise in New Mexico

Corcoran Group Announces First Franchise in New Mexico

by Phil Hall | Oct 2, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Corcoran Group LLC announced its first New Mexico franchise with the launch of Corcoran Plaza Properties. Located in Santa Fe and led by Broker/Owner and CEO Rob Thorwald, the firm will serve clients across the New Mexico capital city and in the surrounding areas up...
Kendra Newman Named General Counsel at Keller Williams

Kendra Newman Named General Counsel at Keller Williams

by Phil Hall | Oct 2, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Austin-headquartered Keller Williams Realty LLC (KW) has promoted Kendra Newman to general counsel. Newman joined KW in August 2021 as vice president and deputy general counsel. Previously, she served as senior vice president and senior associate general counsel at...
Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement

Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement

by Phil Hall | Oct 1, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The attorneys general of Arizona, Connecticut New York, Virginia, and Washington are following the lead of the Federal Trade Commission (FTC) in suing Zillow (NASDAQ: Z, ZG) and the Rocket Companies (NYSE: RKT) division Redfin over their $100 million rental housing...
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