Rent is falling fastest in markets that added the most new supply
Rent is now 0.7% lower for one-bedroom rentals nationwide than it was a year ago, but some markets are still seeing significant increases, new report shows
by Taylor Anderson Feb 27
Judge rules proposed Chicago transfer tax hike is invalid
Advocates had hoped to quadruple the tax buyers pay on residential and commercial real estate purchases if voters approved the measure next month
by Taylor Anderson Feb 23
The listings Inman writers couldn't stop thinking about this year
From a French chateau to a 2-flat in Chicago, here are some listings that caught the eye of Inman's writers this year
by Ben Verde Dec 29
What other cities can learn from LA's rocky 'mansion tax' rollout
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests
by Lillian Dickerson Nov 29
Mr. Beef is a mansion? Under Chicago's proposed tax, yes
Since its appraised value is over $1M, the iconic Italian beef stand would incur significantly higher transfer taxes in a sale if Mayor Brandon Johnson's proposed 'mansion tax' passes
by Lillian Dickerson Nov 17
NAR CEO Bob Goldberg to retire early after 'emergency meetings'
Goldberg had been set to leave at the end of 2024, but will now step down this month. His departure comes on the heels of a harassment scandal at the trade organization
Compass scoops up high-end SoCal boutique brokerage
DPP Real Estate has more than 175 agents and specializes in architecturally significant properties. Moving forward, the firm will be known as DPP @ Compass
by Jim Dalrymple II Sep 19
'It must have 16 cabinets': 6 deals that died for wild and silly reasons
Real estate agents recently revealed to Inman the most unexpected reasons they've lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui
by Jim Dalrymple II Sep 1
'Fight it tooth and nail,' LA agents warn as Chicago mulls mansion tax
As Chicago Mayor Brandon Johnson narrows in on a 2.65% tax on purchases of properties over $1M, luxury real estate agents in Los Angeles offered their advice to concerned Windy City agents
by Lillian Dickerson Jul 27
'Get creative': As inventory drops, agents dust off trusted techniques
With sales down and inventory low, agents are combing social media, calling expireds and seeking out people with major life milestones. In other words, they're meeting the moment with creativity
by Ben Verde Jul 24
Zillow rolls out AI-powered 'super listing' tool
Listing Showcase is part of Zillow's new ShowingTime+ brand and is currently available to a select group of agents that partner with the portal giant, according to the company
by Jim Dalrymple II Jun 27
Meet the boomerang agents returning to their old brokerages
As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold
by Jim Dalrymple II Apr 25
Top-producing The Brian Pistorius Group joins Compass
The Chicago-based team has exceeded $50M in sales volume since 2021 while still at Berkshire Hathaway HomeServices, Compass told Inman exclusively
by Lillian Dickerson Feb 21
Real estate agents of TikTok say a big market shift is afoot
All across the country, real estate agents are posting positive signs of change from the trenches and revealing they're suddenly dealing with packed open houses and intensifying bidding wars
by Jim Dalrymple II Feb 1
Christie's strikes up new partnership with an old U.K. firm
Carter Jonas, a firm founded in 1855 with 34 offices throughout the country, will now become Christie's exclusive affiliate in the United Kingdom
by Jim Dalrymple II Jan 12