Luxury is an experience not a price point
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A historic church in California is entering a new chapter as a stunning residence, having undergone a graceful transformation that breathed new life into the structure—while paying careful attention to its former lives as a religious building and an iconic recording studio that played host to multip
Read More These States Are Bracing for a Home Insurance Surge During Super El Niño

Super El Niño is well on its way, with the National Oceanic and Atmospheric Administration predicting it will emerge soon, likely between May and July 2026, and continue throughout the winter. It gives homeowners a chance to prepare, but there are certain states that should brace for far more than j
Read MoreAs retirement costs surge, more homeowners turn to their equity

Americans may need roughly $2.57 million to retire comfortably by 2043, up sharply from the $1.75 million projected for 2033, according to a 2025 Goldman Sachs retirement survey. The increase reflects years of inflation that have driven up the costs of housing, health care and daily expenses. Househ
Read MoreHOA Ponzi Scheme Mastermind Gets Prison for Blowing Resident Dues on European Vacation

A Maryland woman who oversaw homeowners associations and embezzled nearly $600,000 from residents to fund her lavish lifestyle has been sentenced to prison. Sarah Chester, 44, of Nottingham, MD, received a 20-year sentence, with all but five years suspended, after pleading guilty to multiple counts
Read More$85M Manalapan mansion with tunnel to the ocean finds buyer

An $85 million lake-to-ocean estate in Manalapan with its own discreet tunnel to the beach is under contract to a buyer. Cindy and Ron McMackin, who own the engineering subcontracting firm Pan-Pacific Mechanical, are selling the seven-bedroom, 11-and-a-half-bathroom mansion at 1660 South Ocean Boul
Read MoreThe MRED Zillow legal fight just hit agents and sellers directly

Real estate professionals across the Greater Chicagoland area awoke Wednesday to find their listings removed from Zillow, as the fight between the listing portal giant and the local MLS, Midwest Real Estate Data (MRED), which already includes an antitrust lawsuit, escalated. On Wednesday morning, M
Read MoreRiviera Beach delays vote on impact fee hike after Gold Coast Builders challenge

Riviera Beach officials want a sit-down with the Gold Coast Builders Association before voting on whether to increase development impact fees by 300 percent or more after members suggested the fees would be illegal. The Riviera Beach City Council deferred the vote until city staff has time to meet w
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Stephen Colbert is preparing to bid farewell to “The Late Show” once and for all—but not before pulling back the curtain on one of New York City’s most iconic TV sets: the legendary Ed Sullivan Theater, which has served as the home of the hit series for more than three decades. In a new behind-the-s
Read More Rocket Mortgage, Rocket Pro adopt VantageScore 4.0

Rocket Mortgage and Rocket Pro announced Thursday that they have begun using VantageScore 4.0 alongside Classic FICO scores in the mortgage qualification process, a move the company said is aimed at expanding access to home financing. Rocket’s crosstown rival, United Wholesale Mortgage (UWM) began a
Read MoreNew brokerage Showings bets on buyer leads over listing commissions

A new real estate brokerage aims to eliminate traditional listing agents and listing fees altogether — a model its founder says could challenge decades-old assumptions about agent compensation. Showings announced it will officially launch May 22 in New York City, Atlanta, Chicago and Orlando. The co
Read MoreSingle-family housing starts fell in April, but multifamily gained momentum

Housing starts increased in April compared with a year ago, but a deeper dive into the data reveals that this uptick was driven by a noisier boost in multifamily development activity, while single-family starts declined. According to the U.S. Census Bureau’s new residential construction data releas
Read MoreAI adoption in mortgage servicing is accelerating, BlackWolf says

A new white paper from BlackWolf Advisory Group says adoption of artificial intelligence in mortgage servicing is accelerating as firms seek to reduce costs, improve compliance and automate routine tasks. While the paper says servicers are ready and actively adopting AI, regulatory scrutiny and lega
Read MoreCFPB prioritizes Reg X, GSE streamline refis as LO Comp hopes fade

The Consumer Financial Protection Bureau (CFPB) could finalize changes to its Regulation X servicing rules while creating a regulatory pathway for streamlined refinances through the government-sponsored enterprises (GSEs) by the end of this year, mortgage industry sources told HousingWire.Meanwhile,
Read MoreWhy housing construction can’t grow at current demand levels
The U.S. has too much supply of single-family homes and not enough demand. But why can’t housing starts grow when the White House says we are 10 million homes short?I go back to the 1984 movie “Ghostbusters” and this quote from from Dan Aykroyd’s character: “Personally, I liked the university. They
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Canadian actress Malin Akerman and her husband, Jack Donnelly, have brought their longtime Los Angeles hideaway to the market for $2.99 million—more than 15 years after purchasing the "idyllic" abode. "The Hunting Wives" star, 48—who hails from Canada but moved to California in 2002—purchased the el
Read More Penn-Florida sets stage for Mandarin Oriental hotel dev site auction

Penn-Florida Companies has set the stage for an auction of its Mandarin Oriental hotel development site in Boca Raton, though it’s still angling for a recapitalization or refinancing. Boca Raton-based Penn-Florida’s affiliate filed proposed bid procedures this week for its 1-acre site where the 12-
Read MoreSmaller mortgage vendors face squeeze from lenders, regulators

Mortgage vendors are entering a new phase of consolidation as they respond to rising regulatory and cybersecurity pressures, according to a white paper released this week by investment banking firm Houlihan Lokey. Scale is also becoming a decisive advantage for companies that sell mortgage technolog
Read MoreRelated Group scores rezoning for 20-story apartments in busy Riviera Beach

The Related Group and its partners scored zoning approval Wednesday to develop 418 apartments at Marina Village in Riviera Beach. The Riviera Beach City Council approved the zoning change in a 3-to-2 vote, bringing Related Urban Development Group, BH Group and Tezral Partners one step closer toward
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Australian actress Milly Alcock has shed fresh light on just how much her life has changed since she secured her role in the hit HBO series "House of the Dragon," admitting that—when she landed the job—she was working as a dish washer and living inside a cramped attic room at her parents' home. The
Read More Wells Fargo Settles Mortgage Discrimination Suit With $100M Fund To Help Low-Income Homebuyers

Low- and moderate-income homebuyers from 50 cities will be eligible for new mortgage assistance programs after Wells Fargo & Co. settled a lawsuit alleging discriminatory hiring and lending practices. A judge in California district court approved a final settlement May 15 in a lawsuit against Wells
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