Real Estate News

Hedge Fund Manager Revealed As Buyer Of $105M Hamptons Estate

March 15, 2022

A hedge fund manager nicknamed the “Wizard of Oz” enchanted his way into a near-record setting real estate deal in the Hamptons late last year, according to a new report. Australian hedge fund manager Greg Coffey, 50, was revealed to be the buyer behind the $105 million purchase of the Fordune estate in Southampton in […]

Knock Lays Off Half Its Workforce As It AnnounceS $220M Funding Round

One year after hiring Goldman Sachs to take the company public at a proposed valuation of $2 billion, power buyer Knock’s wild ride has taken an abrupt turn, with the company announcing Tuesday it will lay off nearly half of its workforce in a bid to become profitable by the end of the year after […]

Coming This Spring: Fear, Doubt And ‘A Perfect Storm Of Uncertainty’

Agents are prone to wanting to fix everything; it’s the nature of the business. But that can make it tough to communicate in the face of the uncertainty we’re experiencing right now, says Jay Thompson. Here’s how to help clients make the best decisions this spring. Spring Madness is a week-long Inman series analyzing this […]

The Corcoran Group Adds Bitcoin Prices, 12 New Languages To Website

The real estate brokerage is adding a dozen new languages to its website and 15 new currencies, including bitcoin, which it will also tout on its learning platform and an upcoming conference. The Corcoran Group adds bitcoin prices, 13 languages to website Luxury brokerage The Corcoran Group has joined the cryptocurrency wave by adding bitcoin […]

NextHome, Inside Real Estate Announce National kvCORE Rollout

Top independent franchise looks to future-proof its agents’ technology with enterprise partnership across more than 575 franchises. NextHome has named Inside Real Estate a primary technology partner, hiring them to provide kvCORE Platform to its more than 575 franchised locations and 5,200 licensed professionals. NextHome agents will begin using their new software this spring, according […]

As Rent Spikes, A Movement To Bring Back Rent Control Gains Momentum

More than a dozen states across the U.S. are eying rent control on legislative agendas this year in the face of rapidly rising rent, according to a new report. Driven in part by rent helping to drive up inflation, lawmakers in states and cities nationwide have revived long-dormant rent-control policies in recent years, according to […]

Keller Williams Enlists RealNext To Launch Commercial Real Estate CRM

Keller Williams has partnered with RealNex to launch a fully branded customer relationship management platform for its commercial agents. The platform will be available starting Monday. A month after acquiring transaction management platform CPros, Keller Williams has made another move to enhance its agents’ technology experience. KW Commercial agents can now access KW Commercial RealNex, […]

Second-Home Market Hit Hard As Demand Jumps For Primary Homes

As mortgage rates inched higher, demand for second homes dropped precipitously in February, hitting its lowest level in nearly two years, according to Redfin data released Tuesday. As mortgage rates have inched higher, demand for second homes has dropped precipitously, hitting its lowest level last month since May 2020, shortly after the coronavirus breached the […]

How to make the most of the current market Connect Now

Learn from the best of the best. Listen in as top-producing professionals share secrets for leading and understanding the market, keeping up with what’s trending, and staying one step ahead in this month’s Inman Connect Now episode. You can stream live or on-demand right in your car or from any of your devices. Register now. […]