Luxury is an experience not a price point
How Chattanooga Boosted Affordable Housing Without Direct Subsidies

With its corner of Southeast Tennessee growing, Chattanooga has developed a new tool to encourage more housing, without making taxpayers foot the bill. The city has secured the first set of new housing developments using a first-of-its-kind tool, which incentivizes the construction of below-market h
Read MoreEastwood Homes lands Peachtree Building Group in Atlanta

Eastwood Homes’ acquisition of Atlanta-based Peachtree Building Group – announced today – maps out on its surface as a straightforward expansion move. Eastwood Homes, our HousingWire Homebuilder Ranking’s No. 11-ranked private homebuilder, is a fast-growing Charlotte-based builder that, with this de
Read MoreWhy Mortgage Rates Just Hit a 9-Month High—and What It Means for Buyers and Sellers

As summer unofficially begins, mortgage rates have climbed to their highest level in nine months, propelled higher by soaring energy costs stemming from the ongoing conflict in the Middle East. Freddie Mac reported last Thursday that the average 30-year fixed home loan rate reached 6.51%, a benchmar
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The storied Los Angeles estate where fitness guru Richard Simmons died in 2024 has undergone a significant $579,000 price cut, just a few weeks after it reappeared on the market as a $5.8 million "canvas for transformation." Simmons, who died just days after celebrating his 76th birthday, had owned
Read More Home equity cap tied to Medicaid eligibility is set to change

A new federal Medicaid rule will place a nationwide cap of $1 million cap on home equity for older adults who seek long-term care coverage, a change advocates say could increasingly affect middle-class homeowners in expensive housing markets. The provision, included in the Budget Reconciliation Act
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A rare full-floor Tribeca "compound" with its own hidden private terrace and a host of wellness-focused amenities has hit the market for $4.3 million. The custom-designed dwelling, which spans just over 2,000 square feet, is currently owned by Jessica Schaefer, the founder and CEO of AI-powered comm
Read More Compass agent with no coding experience builds local real estate hub using AI

A real estate agent with no technical background spent 11 months using artificial intelligence (AI) to build a hyperlocal educational website — aiming to replace what she calls a fragmented online landscape for buyers and sellers. Irina Norrell, who leads Compass’s Irina Norrell Team in the Washingt
Read MoreCMLS, this one is for you: Build the alliance now or watch Compass build it instead

In the next four months, CMLS leadership has the opportunity to convene the MLS-controlled national alliance the industry needs. The 2026 Board of Directors is in place under Chair Nicole Jensen of realMLS and Vice Chair Justin Haag of Northwest MLS, taking the helm at what WAV Group described as on
Read MoreSmartfi offers 50-bps reverse mortgage discount for veterans

A new offering from Smartfi Home Loans is aimed at expanding benefits for veteran homeowners through a lower interest rate on its proprietary reverse mortgage product. In honor of Memorial Day, the company this week launched Choice Service, an enhancement to Smartfi Choice, the company’s proprietary
Read MoreBoucher Brothers, city of Miami Beach finalize $3M settlement with Nikki Beach operator

A juicy lawsuit against the city of Miami Beach and Boucher Group over the redevelopment of a city-owned beachfront ended in a $3 million settlement, payable to the owner of Nikki Beach. Boucher agreed to pay $1.5 million to Penrod Brothers to settle the lawsuit. The city agreed to pay $1.5 million,
Read MoreWells Fargo To Offer Mortgage Discount on 3D-Printed Homes From Leading Builder

While 3D-printed homes built by robots might sound like something out of a sci-fi movie, they're becoming more prevalent, thanks to companies like Austin, TX-based construction technology firm Icon. In the past, some buyers of 3D-printed homes struggled to qualify for traditional mortgage financing,
Read MoreMISMO white paper details path to standardize mortgage fee descriptions

The Mortgage Industry Standards Maintenance Organization (MISMO) on Tuesday announced the publication of a new white paper, “Fee Standardization in the Mortgage Industry,” outlining how its consumer-facing charge and fee guide can improve consistency and reduce costs tied to mortgage fee disclosures
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Actor Nicolas Cage has revealed the truth about his somewhat infamous visit to the private floor of Elvis Presley's iconic Graceland estate—finally debunking the rumors that he tried on the music legend's clothes and actually sat on his toilet. Cage, 62, was given a very rare opportunity to tour the
Read More 2026 GameChanger: REMAX Select credits collaboration for transaction side growth

Despite business practice changes, a housing market slow, stubbornly high mortgage rates and continued housing affordability challenges, REMAX Select and REMAX Select Partners grew transaction sides by 67% between 2021 and 2025. This growth, which included 7,005 transaction sides in 2025 alone, earn
Read MoreLeading beyond the process: Dawn Kernicky on mentorship, adaptability and customer empathy

As part of HousingWire’s Editor’s Choice awards spotlight series, we’re spotlighting past Women of Influence honorees whose careers, leadership and insights continue to influence the industry. This series offers a closer look at the experiences and decisions that have shaped their paths. HousingWire
Read MorePending sale of McMackins’ $85M Manalapan estate tops signed contracts in Palm Beach

A lake-to-ocean estate in Manalapan that comes with its own underground tunnel topped new pending sales activity in Palm Beach County. Buyers signed 15 contracts between May 18 and May 24 for luxury properties in Palm Beach County, according to a report by Douglas Elliman’s Eklund-Gomes team. The p
Read MoreMaryland ‘Was Getting in the Way’ of Affordable Housing, Governor Says in Signing New Laws

Marylanders will soon be able to live closer to mass transit as a new state law clears the way for the development of thousands of new housing units. Gov. Wes Moore signed the Maryland Transit and Housing Opportunity Act on Tuesday morning. It's a measure that prioritizes redevelopment projects arou
Read MoreMamdani Announces Plan To Address NYC’s Housing Crisis ‘Block by Block’

Mayor Zohran Mamdani announced a sweeping plan to confront New York City’s housing crisis “block by block” on Tuesday, setting a goal of building 200,000 new affordable homes and preserving or stabilizing another 200,000 existing homes over the next decade. “Block by Block: The Housing Plan for a Ne
Read MoreHow Sunlife Homes jump-started in one of the U.S.’s toughest arenas

Sunlife Homes, despite kickstarting operations during the economically wobbly and environmentally volatile pandemic era in Southwest Florida, operated among the fastest-growing homebuilders in the nation last year. The company ranked 11th fastest-growing builder in the 2025 HousingWire Homebuilder
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President Donald Trump's eldest son, Donald Jr., has wed his socialite partner, Bettina Anderson, in a luxurious Bahamas ceremony that was attended by several members of the Trump family, including his sister, Ivanka Trump, his brother, Eric Trump, and his daughter, Kai Trump. Ivanka and Eric's wife
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