$1M homes hit all-time high in US
A record 8.5% of all US homes are worth $1M or more, up from 7.6% last year and 4% before the pandemic, according to a new Redfin analysis. California is adding them faster than other states
by Lillian Dickerson Aug 16
California Association of Realtors taps Phil Hawkins as new CEO
Hawkins had been working as the CEO of the Pacific West Association of Realtors in Southern California and will now lead CAR during a challenging time for the industry
by Jim Dalrymple II Aug 8
Redfin sees Q2 revenue rise, while losses remain nearly flat
The company's earnings report saw revenue climb 7% to $295.2M between April and June, but it also lost $27.9M — just a hair above its Q2 2023 loss
by Jim Dalrymple II Aug 6
Succeeding in luxury real estate is all about storytelling
Panelists at Inman Luxury Connect Monday argued that good marketing in the luxury segment is all about telling stories that speak to a specific type of consumer
by Jim Dalrymple II Jul 29
Mother-son duo decamps from CB to Side-powered boutique
California-based Peg King and Jeremy King, who did $45M in volume last year, are joining LivXplore Real Estate & Lifestyle
by Jim Dalrymple II Jun 25
Coldwell Banker tops off wine country recruiting with new team
The Sonoma County-based Prosper Team brings 5 agents to Coldwell Banker — and joins the brand just days after another high-performing industry pro made a similar move
by Jim Dalrymple II Jun 25
DOJ inquiry delays settlement-related document rollout at CAR
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the US Department of Justice
by Jim Dalrymple II Jun 21
Coldwell Banker bottles up top-producing wine country agent
Sonoma County-based Rob Sullivan most recently worked at Vanguard Properties and spent several years at Coldwell Banker before that
by Jim Dalrymple II Jun 21
Recruiting wars continue as Coldwell nabs Compass agent
Vicky Yu closed more than $63M in sales last year. Her move to Coldwell Banker comes as brokerages continue an intense competition for top talent
by Jim Dalrymple II Jun 7
Will dual agency become common after NAR's settlement?
Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as 'double ending'
by Jim Dalrymple II Jun 4
Ullman Group launches into luxury with aid from Christie's Real Estate
A collaboration with Christie's International Real Estate Sereno has helped Ullman Group founder Cody Ullman get his new niche luxury brokerage off the ground and gain a foothold in California
by Lillian Dickerson May 15
Floridians grapple with insurance changes as hurricane season nears
70% of Florida homeowners or the area in which they live have been impacted by changes to cost or coverage of home insurance in the last year, according to a report issued Wednesday by Redfin
by Lillian Dickerson Apr 17
Bay Area rail workers allegedly built secret apartments in train stations
Two railway workers in the Bay Area are facing felony charges for allegedly building secret apartments in 2 train stations
by Ben Verde Apr 10
Compass acquires 3,100-agent Gulf Coast giant Latter & Blum
Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time
by Jim Dalrymple II Apr 3
California legislator proposes $1.25B affordable housing bill
Rep. Adam Schiff announced The Affordable Housing Conversion Act on Tuesday, which allocates $1.25B over 5 years to convert government-owned buildings into affordable housing
by Marian McPherson Apr 2