Insurers end coverage for thousands of luxury homes in California
State regulator doesn't allow home insurance companies to set rates based on estimated future losses from climate change risks
by Andrea V. Brambila Jan 20
Bidding wars hit the luxury market hard in December: Redfin
Winter weather didn't slow down buyers in December, according to Redfin's latest market report. Although most buyers faced bidding wars, luxury homebuyers bore the brunt of low inventory at the $800K to $1 million mark
by Marian McPherson Jan 19
Ryan Serhant's brokerage snags 2 Compass teams
The addition of the new teams brings a total of 30 agents to Serhant., representing a 35% growth of the company, according to the company
by Lillian Dickerson Jan 18
Manhattan townhouse with tenuous ties to Grace Kelly sells for $25M
Rumors of ties to the actress can be dated to 2013, when then-broker Sergei Millian — also known as 'Person 1' in the infamous Steele Dossier — first publicized the property's celebrity history
by Ben Verde Jan 18
Manhattan penthouse at 220 Central Park South sells for $190M
Billionaire investor Daniel Och sold his Manhattan penthouse for $190 million — roughly double what he bought it for two years ago.
by Ben Verde Jan 14
The metaverse and other realities to embrace in 2022
Don’t be threatened by new advancements that you don’t yet understand. Instead, think about their positive impact on the industry, and educate yourself on the ins and outs of virtual real estate — because your clients will be asking about it
by David Parnes AND James Harris Jan 13
ryan serhant inman connect
In his annual letter to clients, the luxury broker and star of 'Million Dollar Listing New York' sang the praises of blockchain technology and its expanding impact on the real estate industry
by Daniel Houston Jan 12
A-Rod purchases $9.9M, 2nd-floor pad following co-op board 'tantrum'
The former shortstop dropped $9.9 million for the co-op in the legendary Beresford Building at 211 Central Park West.
by Ben Verde Jan 12
Corcoran Group adds first affiliate of 2022: Sarasota and St. Petersburg
The new affiliate led by Liane Jamason and Marc Rasmussen will build on the brokerage's increasingly prominent presence throughout Florida
by Lillian Dickerson Jan 12
Top Northern California team leaves Compass for Coldwell Banker
The Khrista Jarvis Team — No. 1 medium-sized team in Northern California and No. 1 all-women real estate team — has left Compass to join Coldwell Banker. The 5-person team nearly doubled its business in 2021, netting $600M in sales volume
by Lillian Dickerson Jan 12
A-Rod purchases $9.9M, 2nd-floor pad following co-op board 'tantrum'
The former shortstop dropped $9.9 million for the co-op in the legendary Beresford Building at 211 Central Park West.
by Ben Verde Jan 12
The Chernov Team leaves Keller Williams for The Agency
The 7-agent team will depart Keller Williams and join The Agency's Sherman Oaks, Los Angeles, location, the brokerage told Inman exclusively on Tuesday
by Ben Verde Jan 11
Concierge Auctions delays bids on Bel Air mega-mansion 'The One'
Delay on opening bids until Feb. 28 comes as developer Nile Niami makes a last-minute pitch to turn the 105,000-square-foot pad into a digital currency asset
by Taylor Anderson Jan 11
2022 resolutions: Luxury real estate agents aim high in the new year
From personal health and spending more time with family to finally clinching that big break, here are the goals luxury real estate agents are striving for in 2022
Sotheby's International Realty expands in Utah with Byrd & Co. buy
The acquisition expands Sotheby's International Realty's service areas to include eastern Utah, including the city of Moab and its surrounding area, the luxury brokerage announced Thursday
by Ben Verde Jan 7
One Sotheby's debuts new category: Real-life mansion with a metaverse twist
One Sotheby's International Realty is preparing to sell an entirely virtual metaverse mansion, but it comes with a curveball: an 11,000-square-foot, brick-and-mortar doppelgänger in Miami
by Daniel Houston Jan 7