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The star of “The O.C.” and “Grace and Frankie” is once again looking to part ways with his pretty home in Los Angeles.

In 2016, Peter Gallagher decided on a price tag of $6 million for his six-bedroom, 4.5-bath home in Brentwood. He reduced the price to $5,250,000 that same year, to no avail. It’s now back on the market for $4,999,000.

The gated, 5,225-square-foot house sits on a half-acre parcel in a gated community. It features gorgeous landscaping by designer Jay Griffith.

Beautifully weathered and rustic, the home is hidden among lush palm trees and grasses.

The founder and CEO of Tom Ford International bought the property after agreeing to sell his fashion label to Estée Lauder back in November, according to new reports.

This week’s properties are in NoMad, Washington Heights and Sheepshead Bay.

This week’s homes are in Garden City, N.Y., and Old Greenwich, Conn.

Although renting is still cheaper than paying a mortgage in most U.S. metro areas, the gap between the two is fluctuating.

Carter Jonas, a firm founded in 1855 with 34 offices throughout the country, will now become Christie's exclusive affiliate in the United Kingdom.

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Whether you’re looking to declutter a closet or do a whole room overhaul, organizing around the home can feel like a mammoth task. Thankfully, there are a number of home organization apps that can help make the job easier.

“The key to benefiting from using home organization apps is to commit to regularly updating them,” says Lauren Saltman, professional organizer and owner of Living Simplified in Newfields, NH.

For example, if you make changes to your wardrobe or go food shopping, be sure to update the app.

Being diligent and committing to using these apps can help you become more organized and less wasteful. The following apps are expert-approved and sure to help you reach your organization goals quicker—whether that means sorting out your closet, pantry, or time.

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December brought good tidings to homebuyers in the real estate market.

Nationally, median home list prices dropped about 11% from their peak over the summer to hit $400,000 in December, according to a recent Realtor.com® report. While prices were still up by about 8.4% year over year in December, this was the first time in a year that they rose by only single digits.

In another holiday gift for home shoppers, the number of properties for sale nationally shot up more than 50% compared with a year ago. And homes are sitting on the market for longer, giving buyers an opportunity to think about whether this is the right home for them instead of having to put in an offer on the spot.

Mortgage interest rates even dipped from over 7% to the 6% range last month. Rising rates were responsible for cooling off the housing market, as many buyers couldn’t afford the higher monthly payments on a home after rates more than doubled over the course of 2022.

With its inaugural Power Players list, Inman recognized more than 120 industry leaders for their influence and ingenuity as it kicks off a year of expanded awards.

About 6 percent of real estate agents and brokers in the United States are Black. Their white peers make almost three times as much, according to data and surveys.

Two decades of living below her means and socking away money paid off when a longtime Harlem renter went looking for the right one-bedroom. But first she had to figure out what the right one-bedroom looked like.

The culture at your brokerage is key to retaining your team during this downturn. Livian CEO Adam Hergenrother says leadership needs to focus on production tools, not snacks and outings.

When your clients are seeing doom-and-gloom headlines, it's important to be able to crunch the numbers and give them the facts.

Expert Luke Babich shares his best advice for agents who are looking to build relationships with millennial homebuyers. Your marketing messages should be different for each audience, and these tips should help you connect quickly for optimal results with this tech-savvy generation.

While the nation continues moving away from the pandemic-era lows, it's doing so very slowly and well below rates seen during the Great Recession.

Steve Luthman was picked to lead the Midwest, Southeast and Canada regions; and Syl Apps will head the South America region, the company announced on Wednesday.

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A charming farmhouse in Mount Bethel, PA, is the oldest property to hit the market this week on Realtor.com®.

The sprawling, six-bedroom estate comes with nearly 30 acres and is located just minutes from the New Jersey border. The majestic home offers beautiful views from nearly every room.

Other antiques to hit the market this week include an equestrian estate in New Jersey, a granite block home in Connecticut, and a brick house once owned by Maryland’s chief justice.

Scroll down for a full look at this week’s 10 oldest homes.

The company also announced Second Century Ventures Managing Partner Tyler Thompson will join zavvie's board of directors.

Realtor.com

An offbeat house in Jenkintown, PA, looks like it belongs somewhere else.

Part of an enclave of bungalows from the 1920s, this odd house looks like it would be more at home in the land of palm trees and convertibles.

And there’s a reason for that.

“There’s this little pocket called Hollywood, and it’s all unique Hollywood bungalow-style homes,” says listing agent Frank Blumenthal, with Keller Williams Real Estate Tri-County. “Every home is a bit different.”

Photo courtesy of Dillard Pierce Design Associates via Houzz

Once upon a time, spying a music room in someone’s home wasn’t a big deal. For some lucky folks, space for a grand piano, harpsichord, or other impressive instrument was a sign of wealth and class.

Of course, when the radio was invented and TV later came along, gathering around a spinet to croon a few tunes after dinner fell by the wayside. And so did music rooms.

But today, these melodic spaces are back and surging in popularity.

“I’ve generally seen music rooms as an amenity in large-scale condos,” says Marie Bromberg, a real estate agent with Compass in New York City. “And while I previously thought this was a waste of space, I’ve come around to believing music rooms are a great idea.”