Luxury is an experience not a price point
Michigan title agents suspended over alleged mismanagement of escrow funds
Two Oakland County, Michigan, title insurance agents have had their licenses suspended following allegations of misappropriating millions in escrow funds.The agents are also accused of failing to cooperate with auditors and a state investigation — as well as contributing to at least one homeowner’s
Read MoreRaoul Thomas’ CGI racks up another foreclosure, could lose Miami Beach hotel
For the second time in two years, Raoul Thomas’ CGI Merchant Group could lose a South Florida hotel to foreclosure. The legal action is the latest blow to Thomas’ real estate empire, which has been significantly reduced in the past year following the seizure of other commercial properties. An affi
Read MoreBipartisan legislation aims to expand ADU financing
A bipartisan bill introduced last week in the U.S. House of Representatives seeks to address the nation’s housing shortage by expanding financing options for accessory dwelling units (ADUs).Reps. Sam Liccardo (D-Calif.) and Andrew Garbarino (R-N.Y.) unveiled H.R. 4568 — the Supporting Upgraded Prope
Read MoreHomeStreet to sell $794M in Ginnie Mae MSRs
Seattle-based HomeStreet Bank has agreed to sell its $794 million Ginnie Mae loan servicing portfolio to an undisclosed “experienced” buyer, the company announced in a regulatory filing. The transaction is scheduled to close on August 1. “As HomeStreet carried this servicing portfolio at current mar
Read MoreNAF launches multimillion-dollar marketing campaign
New American Funding (NAF) on Tuesday launched its new “Hell Yeah You’re Buying a Home” marketing campaign that’s designed to “energize and empower” the next generation of first-time homebuyers.According to a press release from the California-based mortgage lender, the campaign was crafted in collab
Read MoreDouglas Elliman launches in-house mortgage platform
Luxury real estate brokerage Douglas Elliman Real Estate has partnered with Associated Mortgage Bankers to launch an in-house mortgage platform, Elliman Capital, designed to streamline the financing process for homebuyers.Initially rolling out in Florida, the platform will expand nationwide. The mov
Read MoreIntegral plans 330 affordable and workforce housing units in Miami-Dade
Integral Group plans 330 affordable and workforce housing units in two projects in Liberty City and Homestead. In Liberty City, Atlanta-based Integral wants to develop the 170-unit Eviva Uptown Center, a Live Local Act project with a 10-story building on the northeast corner of Northwest 60th Street
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Todd Glaser and the Posner Group paid $105 million for a waterfront estate in Miami Beach that Glaser plans to knock down and replace with a spec mansion asking $300 million. Developer Sonny Kahn, a founding partner at Miami-based Crescent Heights, and his wife Suzanne sold the 2.3-acre estate at 5
Read More Medac founder’s Palm Beach house asking $12M tops signed contracts
Two listings in Palm Beach were the most expensive homes to find buyers in Palm Beach County last week. Buyers signed eight contracts between July 14 and July 20 for luxury properties in Palm Beach County, according to a market report authored by Douglas Elliman’s Eklund-Gomes team. Last week’s hom
Read MoreBusinesses are cautiously spending on corporate travel as trade uncertainty looms
Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid ongoing trade uncertainties.
Read More$18M Five Park PH tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume rose last week. Brokers closed 85 condo sales totaling $89.2 million from July 14 to July 20. That’s up from 75 condo sales totaling $85 million the week prior. Last week’s units sold for an average of $1,049,321, lower than the $1,133,152 average p
Read MoreHow Canadian boycotts are impacting the U.S.
In response to U.S. tariffs and President Trump's threats to annex Canada, 71% of Canadian consumers say they intend to buy fewer American products this year.
Read MoreChina's affluent are as pessimistic about the economy as they were during the Covid-19 pandemic
A study of affluent Chinese by Oliver Wyman found 22% of respondents were negative about the economy when surveyed in May, just above the 21% in October 2022.
Read MoreForeclosure auction volume rises 19% after VA moratorium expires
Foreclosure auction volume in the second quarter of 2025 increased 19% from the same period last year and reached a two-year high point, according to Auction.com‘s newest Auction Market Dispatch report that was released on Tuesday.The increase was largely driven a surge in foreclosures involving pro
Read MoreCalifornians report unraveling mortgage relief after the fires
In the wake of massive wildfires that destroyed 16,000 structures in Los Angeles County in January, hundreds of banks and mortgage companies agreed to let borrowers delay their monthly payments for 90 days, without demands for full repayment at the end of the forbearance period. Others simply pledge
Read MoreReality star Tyler Cameron joins Serhant’s Jupiter team
Former “Bachelorette” contestant Tyler Cameron is joining Serhant in the brokerage’s Jupiter office. He will be based in the office at 114 North Coastal Way, and will focus on the Jupiter and Hobe Sound markets, according to a press release. Cameron is a reality television star best known for appea
Read MoreHomebuilder Century Communities expands into Nevada
Century Communities Inc. — one of the largest homebuilders in the U.S. — will expand into Nevada for the first time through its Century Complete brand.New homes are planned at Ishani Ridge in Pahrump, Nevada, with sales expected to begin in August and prices starting in the range of $260,000.The new
Read MoreNWMLS launches voice-activated home search tool
The Northwest Multiple Listing Service (NWMLS) has launched a new bilingual, voice-activated home search tool designed to make real estate listings more accessible to a wider range of users, including people with disabilities.The platform — called Finding Homes — allows users to search listings usin
Read MoreWhere — and for whom — Trump’s higher SALT deduction cap has the most impact
The recently passed One Big Beautiful Bill Act (OBBBA) gave Americans a huge tax cut that critics say primarily benefits the wealthy. But the law contains a rare reversal from President Donald Trump on a key issue — the state and local tax (SALT) deduction.What the deduction does is all in the name.
Read MoreCanero alleges former partner, Justin Rundle, tried to subvert control of Miami-Dade projects
Justin Rundle allegedly crossed ethical lines set by the Florida Bar when he partnered with Jose Canero Jr. and Jose Canero Sr. on a slate of planned developments across Miami-Dade County, according to a recent court filing by Canero Group’s principals. Rundle, a Miami-based lawyer who is the son o
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