Luxury is an experience not a price point
CFPB 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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Mortgage rates saw a dramatic spike Thursday, hitting a nine-month high as resurgent inflation stemming from the Middle East conflict pushed Treasury yields upward. The average rate on 30-year fixed home loans jumped to 6.51% for the week ending May 21, up 15 basis points from 6.36% the week before,
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"Selling the OC" star Alex Hall is reportedly planning to jump ship from the hit reality show and swim on over to rival Netflix show "Selling Sunset"—after the streaming giant axed nearly half of its cast. Reports first emerged earlier this week that Netflix had cut four members of the "Selling Suns
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Music sensation Kesha has finally sold her sprawling Los Angeles mansion, two years after she first made a move to offload the ultramodern "architectural gem." The 39-year-old "Die Young" songstress first listed her modern home back in March 2024 for $5.95 million, only four years after she snapped
Read More Single-Family Home Construction Slows in April as Builders Grapple With Rising Rates

Construction activity on new single-family homes fell nationwide in April, the U.S. Census Bureau reported on Thursday. Single-family housing starts in April were a seasonally adjusted annual rate of 930,000 last month, down 9% from March, the Census Bureau and the U.S. Department of Housing and Urb
Read More“Tampa we love”: Jon Paul, Nick Pérez say some investors “not comfortable” with gulfside city

Everyone knows where Miami is, but Tampa is a harder sell, Related Group’s president and CEO said in a CNBC interview this week. With some international investors, “we say, ‘Oh, would you want to go to Tampa?’ And they’re like, ‘Well, where’s Tampa on a map?’” Jon Paul Pérez told Diana Olick on the
Read MoreSouth Florida’s top deals: Publix drops $78M in Boynton Beach

🏆 Residential: Surfside had the priciest residential transaction in South Florida, with the sale of a newly built condo at Fort Partners’ 9149 Collins Avenue, the Seaway at the Surf Club, for $11.9 million. The buyer was Bishop Surf Club LLC. The unit measures about 2,800 square feet, pricing the d
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Despite economic uncertainty and the ongoing conflict between the U.S. and Iran, the spring housing market continues to gain surprising traction, buoyed by a surge in fresh listings and contract signings. Economists at Realtor.com® analyzed housing data from the first four months of 2026 to gauge
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“Shahs of Sunset” star Reza Farahan is forgoing his flashy ways to forge his own real estate empire in California’s San Fernando Valley, where he has taken up residence in a rustic dwelling he describes as an "old lady house" so he can earn a lucrative income by renting out his much more luxurious a
Read More Waterfront Miami Beach mansion of late Broadway legend sells for $32M

Actor and director Daisy Chaplin sold her waterfront North Bay Road home in Miami Beach for $31.5 million, years after she bought out her brother’s interest in the home. The property at 6000 North Bay Road belonged to her late father, Broadway director and producer Harold Prince. Douglas Elliman’s
Read More“We cannot fall so far behind”: Controversial 5-story jewelry store project sails past approval

A proposal for a five-story high-end jewelry store project that’s exposed downtown Fort Lauderdale’s growing pains sailed past approval. Fort Lauderdale commissioners on Tuesday unanimously approved a rezoning and site plan for Weston Jewelers’ planned Arquitectonica-designed glass and wood panel b
Read MoreSophisticated Home Burglars Are Using Hidden Cameras and Wi-Fi Jammers, L.A. Police Warn

International burglary rings are using increasingly sophisticated tactics to target homes in Los Angeles, including hidden cameras, social media surveillance, and Wi-Fi jamming devices designed to disable doorbell cameras, authorities have warned. In recent months, a surge in residential break-ins a
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Reality TV star Amanda Batula shed some light on at least one of the pain points in her relationship with estranged husband Kyle Cooke, revealing in Bravo's new "Summer House" spinoff show, "In the City," that Cooke kept a "spreadsheet" of all the money she owes him—including $117,000 in back rent.
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