Luxury is an experience not a price point
Compass launches Buyer Demand tool to help agents price homes

Compass is adding another feature to its suite of agent technology tools. On Tuesday, the Robert Reffkin-helmed firm announced the launch of Buyer Demand. Buyer Demand enables Compass agents and their home seller clients to see the number of serious buyers in Compass’s network who are searching for
Read MoreFed Is Expected To Cut Rates Again—but Uncertainty Grows Over Lack of Jobs Data During Shutdown

The Federal Reserve is widely expected to lower interest rates by a quarter of a percentage point when policymakers meet next week, but concerns are mounting over the lack of reliable employment figures. Since the start of the federal government shutdown three weeks ago, the central bank has been
Read MorePartnership drops $68M for Coconut Creek 170-acre mixed-use project site

A partnership between 13th Floor Homes, Rosemurgy Properties, Schmier Property Group and Giles Capital Group paid $68 million for 170 acres in Coconut Creek slated for a $1 billion-plus master planned community. The joint venture acquired the site on the west side of Lyons Road between Wiles Road an
Read MoreTrade groups push plan to let GSEs buy MBS to ease mortgage rates

Trade groups representing community banks and home lenders are urging the Trump administration to allow Fannie Mae and Freddie Mac to purchase mortgage-backed securities (MBS) to help bring down mortgage rates. The idea relies on amending the Preferred Stock Purchase Agreements (PSPA) to enable the
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Sean "Diddy" Combs' lawyers are trying to appeal his four-year prison sentence, and reports claim that President Donald Trump is eyeing a commutation—a move that would return the rapper to lavish living in his $48 million Miami mansion as early as "this week." The lawyers for the disgraced music mog
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Former reality TV star Kristin Cavallari has sealed a multiyear, seven-figure deal with Dear Media to continue her podcast, "Let's Be Honest"—months after confessing that her kids still sleep in the same bed as her. Cavallari, 38, will continue to lift the lid on all the details of her life thanks t
Read More Tennessee’s Tax Perks and High Demand Fuel Nashville’s Luxury Condo Craze

The center of the country music scene, Nashville, TN, continues to serve up Southern hospitality. It's a hot spot for people to live and visit, but the Music City has been on the map for some time—and the party hasn't stopped. "Tennessee as a whole became an attractive destination for many, offering
Read MoreWhy more homeowners are listing without agents — and regretting it

Selling a home has become a more complex decision as online platforms offer new ways to bypass real estate agents. According to a new Clever Offers survey, 42% of sellers said market conditions influenced how they sold their home, and many chose alternative routes such as cash buyers, iBuyers or for
Read MoreIt’s up to MLSs to decide if the Zillow-ChatGPT integration violates IDX policies

The National Association of Realtors (NAR) has weighed in on the ongoing debate over whether or not Zillow’s app integration with OpenAI’s ChatGPT violates MLS IDX policies. In a statement issued on Tuesday, NAR said that when it comes to enforcement, “each MLS is individually responsible for condu
Read More$239K Oceanfront Cape Cod Home Teetering on the Edge of Eroding Bluff Attracts Offers From Builders

A Cape Cod cottage perched high atop a crumbling bluff on the verge of collapsing into the Atlantic Ocean has garnered a few offers just days after hitting the market for only $239,000. Located in Eastham, MA, the gray-shingled residence with "the ocean as your nearest neighbor" certainly isn't for
Read MoreTropical Storm Melissa: Trackers See Storm’s Path Causing Problems for Florida Homeowners

Tropical Storm Melissa is gaining strength, threatening to evolve into a slow-moving hurricane capable of unleashing torrential rain and destructive winds across the Caribbean and potentially the U.S. As of late Tuesday morning, the National Hurricane Center confirmed Melissa’s upgrade from a tropic
Read MoreTrump Brings Back Student Loan Forgiveness—and the Housing Market Could Benefit

The Trump administration has agreed to deliver long-delayed student debt relief to thousands of borrowers in an abrupt reversal that could ripple far beyond college classrooms. The move follows a lawsuit by the American Federation of Teachers (AFT) which accused the administration of stonewalling lo
Read MoreMark Spain Real Estate names new CEO; Spain transitions to executive chairman

After a nearly year-long search, Mark Spain Real Estate has finally found its new CEO. On Tuesday, the firm said it was naming David Zanaty as its new leader. The company said that this marks a “pivotal moment for the firm as it enters a new phase of growth, building upon the strong foundation and
Read MoreLennar proposes 3D-printed homes in Miami’s Redland

Fresh off completing the largest known 3D-printed homes community in Texas, Lennar is proposing to incorporate 3D-printed homes in one of its south Miami-Dade County projects. Miami-based Lennar, led by Stuart Miller and Jon Jaffe, is proposing 3D-printed model homes at the 31-acre development sit
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Fashion designer Diane Von Furstenberg has insisted that her husband, Barry Diller, coming out as gay "doesn't change anything" in their marriage—months after the business man admitted that his "fluid" sexuality has played a role in their 24-year relationship. In May, the 83-year-old candidly opened
Read More Pending sales of Seminole Landing mansion, Panther National home top Palm Beach signed contracts

A mansion in North Palm Beach’s gated Seminole Landing community topped luxury contracts in Palm Beach County last week. Buyers signed 11 contracts between Oct. 13 and Oct. 19 for luxury properties in Palm Beach County, according to a report from Douglas Elliman’s Eklund-Gomes team. The homes that
Read MoreAirbnb adds direct messaging, new social features after app overhaul

The updates follow the travel company's major overhaul in May, which brought services such as catering and personal training to its app.
Read MoreIf You Own a Craftsman Home, Now Is the Time To Cash In

Beloved for their timeless charm, Craftsman homes are in high demand these days, thanks to their distinctive character and sense of history. Their authentic design and meticulous craftsmanship give them an unmistakable warmth and personality that buyers love. In turn, savvy sellers can turn that wid
Read MoreFederal Debt Will Drive Mortgage Rates Up Unless AI Productivity Saves the Day, Larry Summers Says

Former Treasury Secretary Larry Summers has warned that growing federal deficits could lead to a dramatic spike in mortgage rates, unless productivity gains from artificial intelligence boost government revenues. Summers, who served as Treasury secretary in the Clinton administration and was a top e
Read MoreThis couple left their jobs to travel 160,000 km across the world in their Land Rover

The duo left their jobs to travel the seven continents mainly in a Land Rover on a self-funded trip, which they then monetized on social media.
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