The number of US cities where the typical home value was $1M or more has dropped from a high of 522 in July 2022 to 464 as of January 2023. Coastal states have been most severely impacted
Engel & Völkers' luxury agents poured into Miami this week for the company's 10th annual conference, where Americas CEO Anthony Hitt revealed the brokerage's 'Refined' brand refresh
The $155M deal marks a new record price for the market of Palm Beach where the priciest deal previously went to hedge funder Ken Griffin's purchase of 4 parcels for $129.6M in 2013
The eight-person team, established by agent Elaine Bannigan, will now work out of Douglas Elliman's new office in Wellesley, Massachusetts, the company exclusively told Inman
Luxury home sales fell 44.6% year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say
Formerly an independent brokerage, The Nassimi Group has shed its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed $80M in sales volume
The company logged revenue of $207.3M in Q4 of 2022 compared to $334.2M a year earlier, according to an earnings call Friday. The firm has implemented cost-cutting measures
The new franchises add to the brand's presence across the globe in more than 400 offices in 49 states, Washington D.C., Puerto Rico, Canada and several other countries
Agents join Compass from Berkshire Hathaway HomeServices in the Miami and 30A markets and boast at least 25 years of experience in the industry, Compass exclusively told Inman
The US notched 14 spots among 20 global cities in a new analysis of homeowners with a net worth of at least $30M. New York City clinched the top spot on a list compiled by REALM and WealthX
The share of $1M homes in the US dropped from a high of 8.6% in June 2022 to approximately 7% in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power
The firm, previously known as Immobiliare Magri, will officially launch as Corcoran Magri Properties sometime in the next several weeks, the brokerage exclusively told Inman
The Christie's International Real Estate conference in the Cayman Islands drew broker-owners — including Aaron Kirman in his debut at the event — from 4 continents and 2 dozen US states
Designer César Giraldo believes the decision to conjure a custom branded fragrance for a single homeowner at 1859 Bel Air Road will pay off by bridging marketing, design and emotional appeal
More ultra-prime real estate transactions took place in New York in 2022 than anywhere else in the world, according to the 17th annual Wealth Report released Wednesday by Douglas Elliman
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