Sun Belt leads sales volume but posts nation’s lowest absorption rate
Housing market efficiency varies dramatically by region with Sun Belt showing lowest absorption rate despite highest sales volume.
New York City
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Emilia Bechrakis Serhant joins SERHANT. as licensed agent
Ryan Serhant’s wife is making the jump from title insurance to real estate sales by joining her husband’s brokerage.
RealTrends Verified mega team Noble Black & Partners returns to Corcoran
Noble Black and his team are returning to Corcoran with a $500 million listing book after a decade with Douglas Elliman
Top Hamptons broker Terry Cohen joins Compass
Cohen closed $150 million in transactions in the past year alone and is known for representing a broad range of luxury properties.
Former Douglas Elliman agent withdraws lawsuit that sought unpaid commissions
Holly Parker, a former Douglas Elliman agent, has withdrawn a lawsuit to recoup $1.6 million from deals that closed after she left.
Hall Willkie steps down as president of Brown Harris Stevens
An industry veteran, Willkie has been with Brown Harris Stevens for 37 years. He will remain at the firm as a full-time consultant.
Frederick Warburg Peters joins Brown Harris Stevens
Real estate industry veteran and founder of Warburg Realty is joining Brown Harris Stevens. Warburg Realty sold to Coldwell Banker in 2021.
HUD approves then rescinds funds for NY housing groups
Millions in federal grants for housing groups in New York City were reportedly held up Friday, just after news that the funds were approved.
NYC advocates call for billions of dollars to support seniors
A coalition of older New Yorkers and aging advocates are demanding more resources from the New York City government to address older residents’ needs.
Six things to know about the arrests of Tal and Oren Alexander
It’s hard to imagine a more dramatic fall from grace than that of Oren and Tal Alexander, the once star brokers who’ve been yanked from the top of the New York City real estate world and jailed.