Illustrated Properties is making a bigger leap into commercial real estate with the launch of a  division led by industry veteran Shane McCain as the brokerage looks to expand beyond its residential roots in Palm Beach County and the Treasure Coast. McCain will serve as director of commercial real e

Bill and Mari Gaston at home in Naples. Photo by Nick Shirghio When Neapolitans and newlyweds Mari and Bill Gaston first saw their North Naples residence, they knew immediately it was the ideal home for their blended family. Conveniently situated on a canal within a Vanderbilt Beach community, the h

Gilgo Beach killer Rex Heuermann has been sentenced to life in prison without the possibility of parole, just over two months after he pleaded guilty to the murders of multiple women—many of whom he killed inside his longtime Long Island, NY, home. Heuermann appeared in a New York court on June 17,

The National Hurricane Center has issued tropical storm watches for the northwestern Gulf Coast from Sargent, TX, to Morgan City, LA, starting on Wednesday, June 17. Dangerous, flood-inducing rainfall is expected to persist through Friday throughout much of the Deep South, as a low-pressure system d

Actor Armie Hammer has opened up about his return to Los Angeles—and his Hollywood career—in the wake of a well-documented sexual assault scandal that ended his marriage and destroyed what was, at the time, a glittering rise to the upper echelons of movie stardom. Hammer, 39, who is the great-grands

Pending home sales rose in May both on a monthly and annual basis, reflecting a late-spring buying rush that may signal homebuyers' acceptance of mid-6% mortgage rates as the new normal. Contract signings increased 3.8% month over month and 4.8% year over year, according to the National Association

The New York to South Florida pipeline is extending to the residential brokerage industry, where Engel & Völkers franchise owner Donald Brennan acquired the Palm Beach office.  Brennan, who owns franchises in Manhattan, Brooklyn, New Jersey and the North Fork of Long Island, acquired the rights to t

🏆 Residential: Bal Harbour had the top home sale recorded in South Florida. An LLC led by smartphone mogul Samuel Ohev-Zion sold a home at 166 Bal Bay Drive for $26 million. The buyer was a company managed by Moses Strauss, a real estate investor, and interior designer Susan Strauss. Douglas Ellima

The median U.S. home price will likely hit $1 million around the year 2050, when the millennial generation is hitting the traditional age of retirement, a top housing economist has predicted. "Essentially, in about 25 years the national median home price will be a million dollars," Lawrence Yun, chi

The year was 1760. Abraham Choate was just 30 when he built a dream home for his family of nine in Ipswich, MA. The two-story timber-frame house was humble by many standards, but it was big enough to make the neighbors talk. “[My neighbor] Exclaims against my New House and thinks that it is too big,

Master-planned communities are gaining renewed relevance as buyers seek a sense of predictability in an uncertain housing market. Even as the broader housing market continues to wrestle with affordability pressure, interest rate sensitivity and uneven buyer demand, many master-planned communities ha

The housing industry has spent the last several years trying to understand what artificial intelligence means for builders. Most of the conversation has focused on generative AI and large language models, but a new category of AI is emerging for homebuilding operations: spatial AI. Unlike traditiona

Congress appears poised to give a final nod to a comprehensive housing reform package after months of stalled progress, setting the stage for President Donald Trump to sign it. The Senate voted 87-8 on Tuesday night to consider the House's amended version of the 21st Century Road to Housing Act. The

Broward County has abandoned its effort to bid on part of Spirit Airlines’ former Dania Beach headquarters, which is headed to auction next month.  County Commissioner Michael Udine withdrew a motion in a Tuesday meeting to allow the county administrator to make a bid for part of the 8.5-acre campus

The Miami-Dade County Commission voted to pursue acquiring the Fisher Island fuel terminal property via eminent domain, escalating the battle over the nearly 10-acre site.  Commissioner Raquel Regalado was the sole “no” vote at the Tuesday meeting, to amend the property description as the county mov

A Los Angeles "power couple" who are known for hosting some of the city's most impressive political events and high-profile fundraisers are ready for the hallowed halls of their stunning Hancock Park estate to play host to a new group of glitterati—after listing the elegant property for $16.5 millio

Taylor Morrison, the sixth-largest builder in the HousingWire Homebuilder Rankings, has appointed Mike Carlo as president of its Sarasota division.  Carlo brings more than 25 years of homebuilding experience to the role. “Mike is a proven leader with an impressive track record of operational excelle

For many viewers, competing on an HGTV reality show might seem like a dream opportunity, but for one Connecticut couple, that experience unfolded amid a much darker reality that they kept hidden from the cameras. Steven and Angelina Jacobs, who competed on Season 5 of HGTV's "Battle on the Beach," h

Today, as I write this article, oil prices are at $75.80, which is a big deal because tomorrow the Federal Reserve will announce its monetary policy under new Fed Chair Kevin Warsh. For many months, Federal Reserve hawks have said that the Iran conflict was a major reason they’ve been more hawkish,

The real story in today’s Monthly New Residential Construction release from the Census Bureau isn’t a collapse in construction. It’s a production strategy that took shape months ago. Headlines – and their sibling, “headline risk” –don’t enjoy a particularly good reputation among most homebuilding bu