New lawsuit accuses Howard Lorber of enabling the Alexanders
Douglas Elliman and its former CEO should have known about the alleged string of drugging and sexual assaults by agents Oren and Tal Alexander and their brother Alon Alexander, according to the suit.
Inflation is cooling. But is the economy about to crash?
After moving in the wrong direction for three months, annual inflation cooled to 2.5 percent in January. But the biggest drop in consumer spending since February 2021 has one model predicting that the economy is shrinking.
Perfume mogul Jean Madar puts 1 of 6 mansions on market for $55M
The waterfront mansion, located at 1007 Links Drive in Miami, is the first of six luxury spec mansions that he and his brother, Alain Madar, are bringing to the market.
What’s changed for agents since the NAR commission settlement
Tune in to Inman Access to learn more about what's different since the National Association of Realtors commission lawsuit settlement was finalized.
Florida housing market hits record inventory, Redfin says
Florida wrapped up the first month of the year with a record-breaking number of homes for sale, according to Redfin's latest data analysis. At the end of January, there were 172,209 homes on the market, the most Florida has ever seen. That's a 22.7 percent jump from last year.
CoStar closes $1.6B Matterport acquisition ahead of schedule
Virginia-based portal CoStar Group has finished its acquisition of spatial mapping company Matterport. The companies expected to finish the deal by the end of March, putting them 31 days ahead of schedule.
Consumer banking helps Blend weather 2024 mortgage doldrums
Revenue from Blend's biggest business, its mortgage software suite, fell 6 percent in 2024 to $73.3 million. A 42 percent increase in consumer banking suite revenue, to $33.7 million, more than made up the difference.
Rocket’s $649M Q4 profit puts the company in the black for 2024
In a difficult year for real estate, Rocket Mortgage grew closed loan volume by 29 percent, to $101.2 billion, and higher profit margins on those loans helped boost net revenue by 34 percent, to $5.1 billion.