Current News & Events
Rocket Companies Hires Former Meta Executive as New CEO at Redfin
Alessio Sanfilippo joins Redfin from Meta, where he served as vice president of insights for Reality Labs. Continue Reading Rocket Companies Hires Former Meta Executive as New CEO at Redfin
Manhattan’s Average Asking Rent Rises Over $5,600
Investment sales in Manhattan during the first half of the year totaled $582 million. Continue Reading Manhattan’s Average Asking Rent Rises Over $5,600
Real Brokerage Wins Final Court Approval for RE/MAX Acquisition
The Real Brokerage has received final court approval in connection with its proposed acquisition of RE/MAX Holdings, moving the transaction closer to its expected Aug. 24 closing. Continue Reading Real Brokerage Wins Final Court Approval for RE/MAX Acquisition
Virginia Home Sales Up, But at a Slower Pace
Sold dollar volume also increased, climbing to approximately $5.8 billion statewide. Continue Reading Virginia Home Sales Up, But at a Slower Pace
Compass Hit with Antitrust Lawsuit by NYC Renters
The lawsuit said the company “is responsible for a conspiracy to monopolize and harm hardworking New Yorkers in the New York City-metro area.” Continue Reading Compass Hit with Antitrust Lawsuit by NYC Renters
The Town with the Most Expensive Housing Market Is…
Among the 10 priciest towns, Nantucket and Vineyard Haven were the only two east of the Mississippi River. Continue Reading The Town with the Most Expensive Housing Market Is…
More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region
Also on the rise was the median sold price in July – $450,999, up 2.5% year-over-year. Continue Reading More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region
The Commission Fight Isn’t the Biggest Problem Facing Real Estate Agents Anymore
The commission settlement survived another major legal challenge. For real estate agents, the bigger question now is whether they can clearly demonstrate why their services are worth paying for. Continue Reading The Commission Fight Isn’t the Biggest Problem Facing Real Estate Agents Anymore
California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit
“Cities throughout California must play by the same set of rules established by our legislature for the development of housing,” said CAR President Tamara Suminski. Continue Reading California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit
Report: Prince Harry and Meghan Not Planning to Sell California Mansion
Harry and Meghan came to California in 2020 after stepping down from their royal duties, purchasing a home in Montecito for $14.6 million. Continue Reading Report: Prince Harry and Meghan Not Planning to Sell California Mansion
Home Purchase Cancellations at Highest Level in Nearly 3 Years
Redfin noted the deals were falling through at a higher rate than in 2020-2022, when the housing environment was in a hot seller’s market. Continue Reading Home Purchase Cancellations at Highest Level in Nearly 3 Years
Pennsylvania Home Sales Slowed in July
The median home price edged lower by 3% in July to $330,000, down from the all-time high of $340,000 in June. Continue Reading Pennsylvania Home Sales Slowed in July
