Insurers end coverage for thousands of luxury homes in California
State regulator doesn't allow home insurance companies to set rates based on estimated future losses from climate change risks
by Andrea V. Brambila Jan 20
A eulogy for the (fun) open house
Jan. 20 marks 2 years since the first COVID-19 case in the US, and open houses — along with the dreams they embodied — have never been the same since, reporter Jim Dalrymple II writes
by Jim Dalrymple II Jan 20
Renovation startup Curbio raises $65M in Series B
Curbio's tech platform streamlines home repairs and only collects payment when a property sells. The company plans to use its new cash to expand its technology and geographic reach
by Jim Dalrymple II Jan 18
Reali expands into San Diego, buys local brokerage TXR Homes
Reali picked up San Diego's TXR Homes just months after it announced a new funding round that netted the company $250M, it was announced Wednesday.
by Jim Dalrymple II Jan 12
Home sells for $1M over asking and, well, San Francisco is just insane
The home's previous owner purchased the property from the same agents 2 years earlier for $1.4M, only to turn it around earlier this year for a whopping $3.5M — reportedly in just 3 days
by Jim Dalrymple II Dec 16
How one indie broker lured more than 20 agents from Compass
Last year, Dudum Real Estate Group made headlines when it hired nearly two dozen agents from Compass. Its broker-owner Julie Del Santo discusses how it came together
by Daniel Houston Nov 18
Pacaso's latest market is California's rugged, stunning Monterey Bay
Second home ownership platform Pacaso's newest portfolio property is located a few miles from downtown Carmel, a bluff-supported ocean-side town where Clint Eastwood served as mayor in the late 1980s
by Craig C. Rowe Nov 17
Los Angeles wants to ban iBuying
The city council just approved an effort that will look for strategies to stop iBuyers such as Opendoor and Redfin
by Jim Dalrymple II Nov 13
America’s priciest enclaves: The big risers and fallers in 2021
The most exclusive communities in the US got even tougher to buy into in 2021, as home prices soared in the nation's priciest ZIP codes, according to data firm PropertyShark
by Daniel Houston Nov 9
$177M Malibu home sale sets new California record
The sale of fashion mogul Serge Azria's 7-acre property in Malibu, California, for $177M, has set a new record in the golden state. The buyer was venture capitalist Marc Andreessen
@Properties CEO on franchise biz: We're coming for the big markets
In an interview ahead of Inman Connect Las Vegas, Thad Wong said blockchain will become part of the real estate transaction and franchising will help smaller players survive
by Jim Dalrymple II Oct 22
Despite risk, California fire zones still see rising home prices
A new study by Redfin found that in the areas impacted by California's 5 largest wildfires between 2010 and 2020, home values grew at a rate of 21 percent, slightly slower than the surrounding markets
by Libertina Brandt Oct 11
How the luxury housing market became invincible in 2021
Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year
by Jim Dalrymple II Oct 11
With wildfires on rise, these 5 states bear more risk than California
A new report from CoreLogic finds that the typical home in Wyoming is nearly 3 times as likely to go up in flames as one in California
by Daniel Houston Sep 30
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
by Jim Dalrymple II Sep 28