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Century 21 Real Estate LLC has announced the affiliation of female-owned and led brokerage Realty 1 Georgia—now doing business as CENTURY 21 Realty 1 Professionals. The multi-office brokerage was established in February of 2020 by current broker/owner Angela Whitmire. Working in the industry since she was 18-years-old, Whitmire has grown the brokerage to two locations…
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Douglas Elliman—the luxury brokerage struggling with fallout involving former agents and executives—has reportedly received a bid from competitor Anywhere Real Estate, which would more than double Elliman’s current stock price. According to several media reports, Anywhere’s bid would place Douglas Elliman at a value of more than $4 a share. With the luxury brokerage’s stock…
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Above, Lacey Conway Compass, Inc. has announced the appointment of Lacey Conway to lead its Mergers & Acquisitions (M&A) team as Executive Vice President of M&A. The company stated in a release that this strategic leadership move reinforces its commitment to thoughtful growth and scaling its industry-leading agent support, while capitalizing on its deep bench…
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Sales of newly constructed single-family homes were up in April, per the latest findings from the U.S. Census Bureau and Department of Housing and Urban Development. New single-family homes sold at a seasonally adjusted rate of 743,000 in April, up 10.9% from the revised March figure of 670,000. This is also a 3.3% annual increase…
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Last winter, an elderly couple owning and inhabiting an oceanfront condo with two bedrooms and two baths in Palm Beach, Florida, decided it was time to sell and move to a senior living facility. So they hired an agent and put the place up for sale. But with the state’s condo market depressed due to…
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Homebuyers are becoming skittish, with economic uncertainty and shifting market dynamics causing more deals to fall through at the last minute. This hesitation is showing up in the data, as buyers are increasingly walking away from agreements, even after going under contract. According to new data from Redfin, home purchase cancellations reached their second-highest April…
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