Mortgage rates retreated from their nine-month-high peaks Thursday as the uneasy ceasefire between the U.S. and Iran cooled global energy prices, easing pressure on bond markets and borrowing costs. The average rate on 30-year fixed home loans decreased to 6.48% for the week ending June 4, down 5 ba

Exceeding expectations, the U.S. economy added 172,000 new jobs in May, while the national unemployment rate remained locked at 4.3% for the third consecutive month. The latest report from the Bureau of Labor Statistics released Friday showed that nonfarm payroll growth last month far surpassed prel

Paul Selvidio, head of school at Community School of Naples. Photo by Dana Gilligan Paul Selvidio has worn many different hats at Community School of Naples (CSN). He’s taught, he’s coached, and he’s managed finances as the CFO. Last summer, Selvidio took on yet another role: head of school. “CSN ha

Feldman Equities won rezoning approval to redevelop a portion of the Pinnacle Corporate Park in Fort Lauderdale with a 310-unit multifamily complex, in partnership with Greystar. The 13-acre property is at 500 Northwest 62nd Street in Fort Lauderdale’s Cypress Creek area. The zoning changed to the c

🏆 Commercial: The top home sale recorded in South Florida was in Miami, where a warehouse at 1800 Northwest 70th Avenue near Miami International Airport changed hands for $19.2 million. The seller was an LLC tied to Jacavi Properties and the buyer was Miami-Dade County. The roughly 68,000-square-fo

America has spent years mourning the death of the starter home, and with it, the dream of homeownership. But for young adults today, the housing crisis began much earlier—with the disappearance of the starter rental. Before most people get a mortgage, they need that first lease: the cheap studio, re

A historic legacy estate that has occupied the same lush corner parcel on Martha's Vineyard for nearly 200 years has returned to the market for $21.5 million—after undergoing a jaw-dropping overhaul that not only expanded its footprint, but also saw its asking price increase by a whopping 440% in ju

Controversial livestreamer and influencer Braden Peters, known online as Clavicular, rented a penthouse in downtown Miami, sources told The Real Deal.  Peters is known for his “looksmaxxing” content, where people go to extremes to “maximize” their physical attractiveness, including through the use o

New York Knicks star Trey Jemison III and his fiancée, Alex Jean Glover, enjoyed a very special personal milestone just weeks before the team secured its spot in the 2026 NBA Finals—by snapping up what could well become their marital home. Interestingly, the couple's new property is not located anyw

New York Knicks star Trey Jemison III and his fiancée, Alex Jean Glover, enjoyed a very special personal milestone just weeks before the team secured its spot in the 2026 NBA Finals—by snapping up what could well become their marital home. Interestingly, the couple's new property is not located anyw

Dallas Federal Reserve President Lorie Logan has warned that the central bank may need to increase interest rates this year to rein in inflation before it gets out of control. One of the Federal Reserve's most hawkish members and a voting member of the Federal Open Market Committee (FOMC), Logan mad

Brokerage giant Compass is facing an investigation by the antitrust division of the New York State Attorney General's Office after combining with rival Anywhere Real Estate earlier this year. Compass in January closed its $1.6 billion megamerger with Anywhere, expanding its network of agents and ind

Miami-Dade County Mayor Daniella Levine Cava’s longest-serving deputy resigned abruptly on Wednesday, a result of the fuel depot debacle on Fisher Island.  Jimmy Morales, chief operating officer, and PortMiami Director Hydi Web are out of their county jobs, Political Cortadito reported. The county i

New York state is on the verge of restricting private home listings marketed to an exclusive audience, making it the latest state to crack down on the controversial practice. The New York state Senate passed the "Fair and Transparent Real Estate Listing Act" in a vote of 60-0 from its noncontroversi

Berkshire Hathaway’s planned acquisition of Taylor Morrison has opened the door for us to explore a set of uber-themed questions: about homebuilders’ present and future valuations, leadership and scale, and to the question that public homebuilder boards may now be asking: whether to build toward gre

After spending much of its first decade laying the groundwork for growth, Maryland-based Schaefer Homes emerged as the eighth-fastest-growing homebuilder by residential sales volume in HousingWire’s inaugural HousingWire Homebuilder Rankings.  Jim Schaefer, CEO of Schaefer Homes, founded the company

Industrial investors have been active in South Florida’s warehouse market this week, with two buyers closing a pair of deals totaling more than $116 million in Broward and Miami-Dade counties. Atlanta-based Republic National Distributing Company, one of the country’s largest alcohol distributors, so

Actress Jennifer Aniston's boyfriend Jim Curtis has delisted his longtime New York City home, just over four months after putting the property on the market for $1.5 million—and mere weeks after the couple marked their one-year anniversary. Curtis, 50, who works as a professional lifestyle guru, pur

Affordable housing advocates are warning that proposed reductions to several key U.S. Department of Housing and Urban Development (HUD) programs could make it harder for communities to address persistent affordability challenges and expand housing supply. The National Association of Local Housing Fi

Mortgage lenders are rolling out new credit scoring models, but in the secondary market, investors and credit rating agencies are awaiting additional performance data while developing workarounds to keep loans moving through the system. Susan Hosterman, senior director for North America RMBS and cov