Commercial Real Estate

With fewer million-dollar homes, is luxury OK? The Real Word

This week, hosts Byron Lazine and Nicole White are talking about the luxury market, seller’s biggest regrets and the importance of technology for agents this year.  

No, it’s not 2008: How to talk to your clients about Silicon Valley Bank

The meltdown of Silicon Valley Bank has sent shockwaves through the proptech industry. Here’s how to keep it from poisoning the well during the spring market.  

Silicon Valley Bank was part of an ecosystem that sped up innovation

Silicon Valley Bank, which federal regulators took control of Friday following a run on the bank, understood the digital age, supported entrepreneurs and understood our needs, writes Inman founder Brad

Antitrust regulators move to block ICE’s $11.7B Black Knight acquisition

The Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers.  

The Nassimi Group hitches its wagon to Douglas Elliman

Formerly an independent brokerage, The Nassimi Group has relinquished its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed roughly $80 million in sales

Latest jobs numbers take pressure off wages — and mortgage rates

The real estate industry got two kernels of good news in the latest jobs numbers from the U.S. Bureau of Labor Statistics.  

Luxury home purchases hit record low as buyers eye other investments

Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say.  

Monthly homebuyer payments just hit all-time high as spring arrives

The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up

Inman’s Top 5 stories of the week March 3-9, 2023

Catch up on the most-read stories of the week, as determined by Inman readers. Here’s Inman Top 5 for March 3-9, 2023.  

Silicon Valley Bank, proptech hub for real estate clients, collapses

In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO.