Former reality star Spencer Pratt is poised to advance to the November runoff in the Los Angeles mayoral race alongside incumbent Mayor Karen Bass, who successfully held off her challengers to maintain the lead. Bass, a Democrat, received nearly 35% of the votes in early returns, followed by Pratt,

A former senior vice president at the Atlanta Housing Authority, who oversaw one of the largest Section 8 programs in the country, has been sentenced to prison for a massive fraud scheme. Tracy Denise Jones pleaded guilty to conspiracy to commit theft of government funds, wire fraud, and credit appl

Lotis Wellington, a 60-acre-plus mixed-use project promising to transform open land in west Palm Beach County, is further devolving into disputes among the partners, this time with a new lawsuit against an investor.  Investor Brian Lulfs and entity AMKBJ Partners, which is tied to Lulfs, are accused

CBS News made the sensational decision to axe veteran "60 Minutes" reporter Scott Pelley this week, after he got into a reported "clash" with the show's new executive producer, Nick Bilton, during a staff meeting. In a publicly shared letter written to Pelley, 68, by Bilton, the longtime TV host was

The waterfront estate that belonged to the late Jane Smith is under contract to a new buyer just months after her death.  The deal tops new sales activity last week in Palm Beach County, where buyers signed 25 contracts between May 25 and May 31 for luxury properties, according to a report by Dougla

🏆 Residential: Palm Beach logged the top home sale recorded in South Florida. Henry and Alexia Fernandez scooped up a 5,800-square-foot home at 134 Casa Bendita for $25 million, or about $4,300 per square foot. Henry Fernandez is chairman and CEO of MSCI. The seller was a trust that purchased the p

Sticky mortgage rates and rising inflation fueled by the Iran war are testing the limits of the spring housing market's resilience, but there is a silver lining for buyers as home prices in May experienced their steepest annual drop in at least nine years. The national median listing price has been

A home is more than a financial asset. It is where families build stability, save for the future and pass opportunity to the next generation. For many Americans, it is the largest investment they will ever make. That investment depends on a strong, transparent system that is accountable to the peopl

A historic early example of Organic Modern architecture that was conceived in 1935 by the late master craftsman Walter J. Hall has just hit the market in Pennsylvania for $2.75 million. Hall—the builder who brought Frank Lloyd Wright's Fallingwater to life—and his wife, Beda, dreamed up the idyllic

An $85 million construction loan propelled the start of construction for Japanese architect Kengo Kuma’s U.S. mixed-use debut, in Miami’s Design District, after a two-year delay. Developers Lionheart Capital, Leviathan Development, Well Duo and the Lane Organization landed financing from Chicago-bas

Florida voters will decide this November whether to approve one of the largest property tax cuts in state history, after lawmakers passed Gov. Ron DeSantis’ proposal to dramatically expand the state’s homestead exemption. The plan, titled “Save Our Homes From Excessive Property Taxes,” was revealed

Connecticut will become the latest state to impose restrictions on private listings, with a new law requiring public marketing of residential real estate. Gov. Ned Lamont signed SB 340 on May 27. The bill requires residential properties of up to four units to be openly marketed and publicly accessib

The IPO race between Anthropic and OpenAI has already seeped into the San Francisco Bay Area housing market. A seller in San Francisco is attempting to seize upon the frenzy around the companies' public offerings by trading their historical $3 million home for stock in either of the two tech giants.

Flashback Shortly after Sheryl Palmer became chief executive officer of Taylor Morrison in 2007, I met with her in Scottsdale, Arizona, to discuss a challenge that would have intimidated many experienced homebuilding leaders. The company she had inherited was not merely navigating the early stages o

The U.S. Department of Housing and Urban Development is pushing forward with controversial plans to overhaul federal homelessness assistance programs. HUD released a new $4 billion Notice of Funding Opportunity on Monday. This allows organizations to apply for grant funding to support homelessness p

Pennsylvania Gov. Josh Shapiro declared he intended to go big on housing. On Monday, at least one piece of that ambition cleared the state House with a bipartisan vote, setting up a tougher sell in the Republican-controlled Senate. The House passed House Bill 2186, requiring municipalities statewide

BOXABL is moving beyond its flagship Casita accessory dwelling unit with a Phase 2 product lineup that uses three standardized modules to configure more than 20 different home and apartment types, the company announced Tuesday. The Las Vegas-based modular manufacturer launched a beta online catalog

Florida voters will decide whether to slash property taxes for homesteads come November, after the Florida Legislature passed Gov. Ron DeSantis’ proposal on Tuesday.  During a special session that started on Monday, the Florida House voted 75 to 26, and the Senate 30 to 9 to send the proposed consti

Cloze announced Cloze Forge at the 1000WATT Signal conference on Tuesday. It’s a new platform allowing real estate brokerages to build and deploy fully branded digital tools without needing an internal development team. Cloze says Forge enables firms to “vibe-code” custom apps through its Forge Stud

Utah-based Cole West named Chris Winter as the company’s new president of homebuilding to help facilitate the developer’s expanding footprint across Utah, according to a company announcement.  Winter will oversee Cole West’s homebuilding operations in both Northern and Southern Utah, according to th