Luxury home purchases hit record low as buyers eye other investments

Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say.

Latest jobs numbers take pressure off wages — and mortgage rates

The real estate industry got two kernels of good news in the latest jobs numbers from the U.S. Bureau of Labor Statistics.

The Nassimi Group hitches its wagon to Douglas Elliman

Formerly an independent brokerage, The Nassimi Group has relinquished its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed roughly $80 million in sales volume.

Agents sue largest Coldwell Banker franchise over commission ‘scheme’

Coldwell Banker Seacoast Advantage allegedly pocketed commission fees it told its agents were going to the franchisor. The brokerage says the allegations are "a complete fabrication."