Record-breaking NYC townhouse sale goes to mystery buyer
An anonymous couple purchased Altice USA CEO Dexter Goei's West 11th Street townhouse for $72.5M. Two Compass agents brokered the off-market sale
by Marian McPherson Jan 31
Inventory boost expected to slow rent growth to 1.5%
A coming boost in apartment inventory is expected to dramatically slow rent growth in 2024; however, it's expected to still be a tough year for renters as affordability worsens
by Marian McPherson Jan 2
Totally groovy LA home from 'The Brady Bunch' sells for $3.2M
The house was purchased from the television network HGTV for about 9% less than the network paid for it in 2018 and has been sold to a fan of the sitcom who collects unusual homes
by Ben Verde Sep 12
Who is Flannery, the secret owner of $1B in land near a US airbase?
The federal government is investigating Flannery Associates, an entity that has scooped up more than 80 square miles of land near Travis Air Force Base in California without disclosing who owns it
by Daniel Houston Jul 10
After a year of hunting, JLo and Ben Affleck close on $61M mansion
They may have fame and money, but celebrities have to go through the painful process of house hunting just like the rest of us, Bennifer's homebuying journey shows
The portal wars: Can any challenger seize the throne from Zillow?
Zillow has the most traffic, according to an analysis by Intel, but at least 1 rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run
by Jim Dalrymple II May 24
Realtor.com parent Move saw traffic and revenue fall in Q1
Between January and March, Realtor.com had an average of 72 million unique monthly users — down 24 percent compared to 1 year earlier, according to the company's Q1 earnings report
by Jim Dalrymple II May 11
$170M off-market mega-mansion deal sets new Palm Beach record
The transaction was conducted by a luxury car dealer and the founder of Green Mountain Coffee. It marks a new record for the luxury enclave, and is one of the priciest deals of 2023 so far
by Lillian Dickerson Apr 27
Can a mega-mansion in Paradise Valley bring in a record $75M?
The state's priciest deal sold for $28.1M in June 2022, but with the lure of a metaverse room, a spa that generates snow and more, developers think they can get $75M for a home still in progress
by Lillian Dickerson Feb 28
Proptechs, polish your pitch decks: Fifth Wall closes record $866M fund
Venture capital firm Fifth Wall Ventures' fund, the largest ever to focus on real estate technology, will back early- and late-stage proptech companies, including some home renovation innovators
by Craig C. Rowe Dec 13
Park City listing is one of the town's priciest at a pretty $29M
The modern home, designed by architect Wallace Cunningham and constructed from glass, steel and concrete, was named 'Cascade' because it seems to flow down the hillside like a waterfall
Media mogul nabs one of 2022's priciest listings for $100M
Billionaire media mogul Byron Allen has purchased a Malibu estate for $100M, making the deal the most an African American buyer has ever paid for a home in the US
by Lillian Dickerson Oct 10
Gilded Age mansion breaks Fifth Ave. townhouse record in $50M sale
The Beaux-Arts-style townhouse had not traded hands in over 75 years and set a price record for any townhouse sold on Fifth Avenue, according to Douglas Elliman Realty
by Lillian Dickerson Sep 29
Venture capitalist Marc Andreessen buys another Malibu pad for $44.5M
Months after buying a separate, record-shattering home down the street for $177M, Marc Andreessen and his wife Laura Arrillaga-Andreessen have purchased a second Escondido Beach home
by Lillian Dickerson Mar 24
The Agency adds new franchise in Naples, Florida
The office will mark the brokerage's 29th franchise in its global network. A trio of real estate couples will lead the charge