Luxury is an experience not a price point
What’s in Trump’s ‘Big Beautiful Bill’ for seniors?
President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance. The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction t
Read MoreWalker & Dunlop closes $240 million affordable housing fund
Walker & Dunlop has announced the closing of a $240 million Low-Income Housing Tax Credit (LIHTC) fund — the largest in the firm’s history — that’s aimed at supporting the development of affordable housing across 10 states.Fund 124 will finance 18 housing developments totaling 1,701 units in Califor
Read MoreHow many listings have been impacted by Zillow’s new policy?
Zillow’s listing standards policy may have only been in effect for one day, but Eric Johnson, a Boston-based Compass agent and team leader, said he has already seen an impact. “Our team has only received a warning so far, but I personally know several agents whose listings have already been banned,”
Read MoreMacklowe sells multifamily dev site near Dadeland Mall at discount to Related for $20M
Harry Macklowe sold a development site he planned for a 770-unit multifamily complex for $20 million, marking a 37 percent discount from its purchase price three years ago. The Pérez family’s Coconut Grove-based Related Group bought the 1.6-acre vacant site at 8609 Southwest 72nd Avenue in the Kend
Read MoreDOGE slashes nearly 217K sf of government leases across Florida
The DOGE slashathon has led to the cancellation of nearly 217,000 square feet of federal government leases in Florida, with slightly more than a third of terminations occurring in Miami-Dade and Broward counties. As a result, Florida ranks as the state with the seventh highest number of lease cance
Read MoreDoorify MLS joins Broker Public Portal as strategic investor
Broker Public Portal (BPP) — the industry-led home search initiative backed by real estate brokerages and MLSs — announced that Doorify MLS has joined as its newest strategic investor.Based in Cary, North Carolina, Doorify MLS serves nearly 15,000 real estate professionals across 16 counties in the
Read MoreeXp Realty introduces CRM of Choice program
eXp Realty has rolled out a new initiative that allows its agents to choose from multiple customer relationship management (CRM) systems, marking a shift in the company’s approach to technology offerings.The program, called CRM of Choice, offers agents the option to select one of three platforms — B
Read MoreBillionaire developer Steve Ross buying nearly half of Miami Open
Billionaire Steve Ross is buying a stake in the Miami Open, marking the real estate mogul’s continued investment in South Florida sports. The 85-year-old is nearing a deal for a 45 percent ownership of the tennis tournament, according to Front Office Sports, a publication focused on the business of
Read MoreDo you get déjà vu? The PLS sues NAR — again
If you are familiar with ThePLS.com’s original antitrust suit filed in 2020 against the National Association of Realtors over NAR’s Clear Cooperation Policy (CCP), reading the new suit filed Tuesday might give you déjà vu. In its 31-page complaint filed in U.S. District Court in Los Angeles, the PLS
Read MoreRelated, Dezer and BH complete Sunny Isles buyout for planned condo tower
A trio of real estate heavyweights closed on the remaining units at an aging condo complex in Sunny Isles Beach for $131.8 million, after more than a decade in the making. The Pérez family’s Related Group, Gil Dezer’s Dezer Development and Isaac and Liat Toledano’s BH Group completed the bulk purch
Read MoreHousing industry cheers Senate passage of the ‘Big Beautiful Bill’
Senate Republicans on Tuesday advanced President Donald Trump’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote.All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertaria
Read MoreAnnouncing the 2025 Women of Influence
HousingWire is excited to introduce the winners of its annual Women of Influence award, recognizing 100 women whose achievements are driving the housing industry forward. Now in its 16th year, the award honors leaders across mortgage, real estate and fintech who are making a measurable impact on the
Read MoreWith mortgage rates easing, will the summer housing market heat up?
Mortgage rates have eased slightly in the past week, a welcome sign for housing professionals and their clients. With the summer home-buying season in full swing, the question is whether they’re at a low enough level to keep activity flowing through the Labor Day weekend.On Tuesday, data at HousingW
Read MoreEnrique Iglesias is assembling land across from his Bay Point compound in Miami
A company tied to Enrique Iglesias added to his and his partner, retired tennis star Anna Kournikova’s compound in Miami’s Bay Point. Records show an entity led by Iglesias’ financial manager, Juan Carlos Sanchez, paid $6.5 million for the 4,350-square-foot, five-bedroom, four-and-a-half-bathroom h
Read MoreArgyle announces verification of assets through Finicity
Argyle, a service provider automating income and employment verifications, recently announced the availability of verification of assets (VOA) powered by Mastercard’s open finance technology. A release from Argyle says that the expanded offering allows lenders to confirm borrowers’ balances, cash-to
Read More$10M Admirals Cove mansion tops Palm Beach County signed contracts
Palm Beach County’s buyers are on summer vacation, and they’re signing fewer contracts for luxury homes. Buyers signed just seven contracts between June 23 and June 29 for luxury properties in Palm Beach County, according to a market report authored by the Eklund-Gomes team at Douglas Elliman. Last
Read MoreIl Villaggio closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume plunged last week, following a mid-month market surge. Brokers closed 84 condo sales totaling $60.1 million from June 23 to June 29. The previous week, brokers closed 135 condo sales totaling $122 million. Last week’s units sold for an average of $
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Jon Paul Pérez assumed that he would start working at his father’s company, the Related Group, shortly after graduating from college. It made sense. He spent summers interning at Related, and though he got good grades, he also enjoyed himself. “It wasn’t like I was focused on figuring out my career
Read More Ex-basketball player Raanan Katz keeps growing his South Florida retail empire
Those who can’t ball anymore, make it their logo. Raanan Katz loves basketball and shopping centers. But the 89-year-old Israeli-born retail investor is no longer NBA material. Instead, up and down Collins Avenue in Sunny Isles Beach, his logo’s basketball swishes through a 2-D net on the facades of
Read MoreWinners and losers emerge in South Florida’s condo boom
If you want to know if the South Florida housing market is doing okay, a Magic 8 Ball might give you as clear an answer as a panel of local industry experts. “Without a doubt,” you’ll see one minute. “As I see it, yes.” “Reply hazy, try again,” comes next. Then: “Don’t count on it.” […]This articl
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