Luxury agent Frank Aazami joins Compass in Arizona

Frank Aazami, a longtime luxury real estate adviser in Arizona, has joined Compass. Aazami, who previously worked with Russ Lyon Sotheby’s International Realty, is bringing along several of his colleagues from the Private Client Group team — including Dinesh Wilson, Fletcher Wilcox and Zoya Pedenko. Private Client Group recorded $148.7 million in 2024 sales volume, according to RealTrends...

The Great Stay: Why the US housing market is divided in two

I recently gave a talk to a few hundred real estate professionals in Chicago. I started with the map below of the U.S. showing the days on market for pending home sales in different states. It’s a stark illustration that the country is divided into two distinct real estate markets.  The states with the shortest time to sell a home are crowded in the Midwest and Northeast. Across the Sunbelt,...

At $125M, this Hollywood Hills estate is one of L.A.’s priciest — and it can’t be replicated today

A newly listed estate perched high above the city is asking $125 million, putting it among the priciest properties in Southern California. Built over the course of a decade with $30 million worth of poured-in-place concrete, this Hollywood Hills estate is the kind of project that can’t be replicated under today’s building codes. Perched high above the city at 7661 Curson Terrace, the trophy home...

Palatial $58.5M Brentwood estate spans 5 acres, has sunken tennis court

This Westside listing will make even seasoned Los Angeles luxury buyers sit up. Located at 12833 Chalon Rd, this $58.5 million Brentwood estate sits on its own five-acre promontory in the ultra-private Brentwood Country Estates, one of L.A.’s most exclusive guard-gated communities. With just 13 homes and 24/7 security, it combines the privacy of a secluded retreat with easy access to the city’s best...

U.S. New-Home Sales Surge in August as Mortgage Rates Ease

U.S. new-home sales posted an unexpectedly sharp gain in August 2025, helped by a dip in borrowing costs that lured buyers back into the market. Purchases of newly built single-family homes jumped 20.5% from July to an annualized pace of 800,000, the fastest since early 2023, according to government data released Tuesday. That figure followed an upward revision to July sales and marked a 15.4% increase...

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