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Byron Allen sells unit inside NYC’s 220 Central Park South for $82.5M

USA Real Estate News-Inman - Mon, 2025-03-10 10:25
The media mogul bought the 6,600-square-foot unit in 2023 for $75 million, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit within the building.

Rocket Companies to purchase Redfin in $1.75B all-stock deal

USA Real Estate News-Inman - Mon, 2025-03-10 08:56
Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin's home search platform, which features over 1 million listings and a network of 2,200 agents, with Rocket Companies' mortgage origination and servicing capabilities.

Single-Family Home Construction Grows, Multifamily Recedes: NAHB

USA Real Estate News-RISMedia - Mon, 2025-03-10 08:48

Lack of inventory helped push single-family home construction upward for all regions in the U.S. to close out 2024, according to the latest National Association of Home Builders’ (NAHB) Home Building Geography Index (HGBI).  “Single-family housing construction ended the year with growth as a shortage of existing homes for sale continues to increase demand for…

The post Single-Family Home Construction Grows, Multifamily Recedes: NAHB appeared first on RISMedia.

BREAKING: Rocket Announces $1.75 Billion Acquisition of Redfin

USA Real Estate News-RISMedia - Mon, 2025-03-10 08:38

In an announcement Monday morning, Rocket, the parent company of Rocket Mortgage, Rocket Homes and a handful of other mostly housing-focused entities, announced it is purchasing legacy portal and brokerage Redfin, marking a potentially significant power shift in the ongoing “portal wars.” In a statement, Rocket CEO Varun Krishna described the $1.75 billion all-stock deal…

The post BREAKING: Rocket Announces $1.75 Billion Acquisition of Redfin appeared first on RISMedia.

More sellers are taking a hard-line approach with commissions: Intel

USA Real Estate News-Inman - Mon, 2025-03-10 04:00
The most recent Intel Index data suggests that agents are beginning to track patterns in what's happening to their commission rates in response to the industry practice changes, and are less uncertain about how it's impacting their business.

What will Stone Point do with its investment in Keller Williams?

USA Real Estate News-Inman - Mon, 2025-03-10 04:00
Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely.

How to amplify your brand’s voice and attract your dream clients

USA Real Estate News-Inman - Mon, 2025-03-10 03:00
If you're sick of blending into the sea of sameness, avoid these three common mistakes and follow marketing expert Christine George’s guidance for crafting a brand voice guide.
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