Global luxury real estate brand Engel & Völkers announced Thursday it’s entering the Brooklyn market with three new offices led by Donald Brennan, a longtime residential real estate leader in New York City. Source: click here
Global luxury real estate brand Engel & Völkers announced Thursday it’s entering the Brooklyn market with three new offices led by Donald Brennan, a longtime residential real estate leader in New York City. Source: click here
Earlier this year, Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin took to the stage at Inman Connect New York to discuss their differing visions for the residential real estate market. What transpired was a powerful session that highlights two leaders shaping the future of real estate. If you’re a regular at Inman Connect, then […]
The U.S. Securities and Exchange Commission (SEC) filed an emergency action Thursday against New York State real estate developer Robert Morgan, accusing him of fraud for siphoning and misusing investor funds. The SEC is seeking an asset freeze and other emergency relief, including the appointment of a temporary receiver over the relevant funds. Robert Morgan […]
Mortgage rates continued to slide downward this week, reaching a new yearly low of 4.06 percent on a 30-year fixed-rate mortgage. Rates on a 30-year mortgage were at 4.07 percent last week and 4.66 percent at this time last year. “Mortgage rates fell for the fourth consecutive week and continued the medium-term trend of lower rates […]
Reposted with permission from Mike DelPrete. Part 1 of this series took a detailed look at Compass’ growth strategies, while part 2 examined if Compass is a tech company or a traditional brokerage. Irrespective of the answer, Compass unquestionably needs to be a technology company — both to support its massive valuation and to be […]
Sales of new single-family homes dropped 6.9 percent from March to April, but are up 7 percent year-over-year, according to the latest data released Thursday by the U.S. Census Bureau and the Department of Housing and Urban Development. “Sales fell after a huge jump in March, despite interest rates moving lower and aiding affordability,” Tendayi Kapfidze, […]
While $1.5 million is the price of a very nice house in much of the United States, that’s how much it costs to rent this opulent Bel Air mansion for one month. Courtesy of Compass The mega-mansion, located at 908 Bel Air Road and initially priced for sale at $180 million, was listed for rent earlier […]
In real estate, showcasing your professionalism is how you get business. It’s how you convince buyers and sellers to work with you over the plethora of other agents out there. What can you do to exhibit competence and display your skillset to past and future clients? Here are five pro moves that’ll set you apart […]
Federal regulators this week proposed a new rule that would roll back protections for transgender Americans in federally funded homeless shelters, raising the alarm bells of activists and advocacy groups. The proposed rule, which the Department of Housing and Urban Development (HUD) unveiled Wednesday, would let shelters with sex-segregated facilities consider gender identity or “sex as […]
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