58 cities that had million-dollar homes in 2022 don't anymore: Study
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
by Lillian Dickerson Mar 14
US dominates the globe with most ultra-high-net-worth homeowners
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
Egypt Sherrod is married to real estate. But that's only half her story
Inman's inaugural Influencer ran from real estate as a kid because it was all her family talked about. But with 4 TV shows, a podcast and a team under her belt, she lives and breathes it in 2023
There are 1.25 million fewer million-dollar homes in America in 2023
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
It's official: New York remains the world's priciest real estate market
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
by Ben Verde Mar 2
Real estate took a drubbing in Q4, but some companies still surprised
Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves
by Jim Dalrymple II Mar 2
New York’s luxury office towers attract employees back to work
Latest report from the Real Estate Board of New York finds Class A office buildings have higher occupancy rates with implications for the rest of the nation
by Taylor Anderson Feb 27
Core's Shaun Osher snatches up landmarked Long Island estate
The real estate brokerage CEO and his wife, Core Chief Operating Officer Brittley Wise, have bought a former working farm that dates back to 1893 for $3.1M, according to reports
by Lillian Dickerson Feb 24
CoStar will not acquire portal Realtor.com after all
Buying Realtor.com was viewed as a potential way for CoStar to take on Zillow. But CoStar CEO Andy Florance said Tuesday that his company would instead focus on its Homes.com business
by Jim Dalrymple II Feb 21
Despite slow market, CoStar sees revenue and profit rise in Q4
The company's revenue jumped 13% year over year between October and December. CEO Andy Florance also promised Tuesday to continue CoStar's push into residential real estate
by Jim Dalrymple II Feb 21
Richard Hottinger and team return to Douglas Elliman after 7 years
Hottinger, whose team was previously affiliated with Corcoran, returned to Elliman to gain a firmer foothold in Miami and for development project opportunities, he told Inman exclusively
by Lillian Dickerson Feb 16
Corcoran Legends Realty acquires Renwick Real Estate
The Westchester County-based Corcoran Group franchisee has welcomed the long-standing independent brokerage to its ranks, adding 16 agents and 1 new office
by Lillian Dickerson Feb 15
Zillow sees revenue dip in Q4, but manages to trim losses
The portal giant brought in $435M in revenue during the fourth quarter of last year and lost $72M, according to 4Q22 earnings released Wednesday afternoon
by Jim Dalrymple II Feb 15
These Inman Connect sponsors will help the industry turn a corner
Enthusiastic Inman partners share why they are sponsoring the summer’s powerhouse event
$40M NYC penthouse deal sets record for eXp Realty
The penthouse apartment sits at the southwest corner of Central Park and sprawls across more than 8,000 square feet
by Jim Dalrymple II Feb 13