New homeowners plan to spend 40% of income on repairs: Study

The cost of becoming a new homeowner goes well beyond down payments and monthly mortgage payments. In fact, the typical homebuyer expects to spend approximately $30,000 on home maintenance, upgrades and repairs in the coming year — an amount that equals 40 percent of the median U.S. household income

Compass acquires 3,100-agent Gulf Coast giant Latter & Blum

Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time.

Opendoor will refund homesellers $62M under FTC settlement

The federal agency will send checks to 54,689 consumers it says were deceived by advertising and marketing claims made by the iBuyer.

Jeff Bezos adds $90M mansion to Miami property portfolio

The mansion marks the Amazon founder's third such purchase on Indian Creek Island, an exclusive enclave in Miami with limited availability.