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Sales of homes in the Hamptons priced above $5M skyrocket 291%

USA Real Estate News-Inman - 5 hours 11 min ago
The median sales price in the beachfront community surged 40 percent, to $1.2 million, compared to the same time last year, according to a new report from brokerage Douglas Elliman.

Inventory hits record low

USA Real Estate News-Inman - 6 hours 33 min ago
As year-over-year existing-home sales soared 21% in September, inventory dropped to a 2.7-month supply, according to data released Thursday by the National Association of Realtors.

Matterport and former rival GeoCV settle 2-year patent dispute

USA Real Estate News-Inman - 6 hours 41 min ago
GeoCV began winding down operations in October 2019, but the lawsuit between the former rivals continued on for another year.
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