The spring housing market is limping across the finish line this Memorial Day weekend, as surging mortgage rates send buyers into retreat. Still, there is good news for homebuyers, as prices continue to soften. For the week ending May 16, the national median listing price was down 2.3% compared with

Six Rust Belt cities are seeing a surge of new listings, and all of them have median listing prices under $300,000. In April, just six cities out of the top 50 markets had typical home prices below $300,000, and all had a swell of new listings. Most were in the Midwest, where home sales have outperf

The battle between Zillow, Midwest Real Estate Data (MRED) and Compass International Holdings, reached a zenith this week when MRED suspended its IDX and VOW listing feeds to Zillow and Trulia. This came after the portal allegedly refused to cure what the MLS called a “material breach” of its licens

At first, Rolando and Clarissa Requeny thought new construction was out of reach. They had heard the common warnings: Builder fees could pile up, closing costs could be higher—and, as a brand-new home, it was just more expensive. “We weren’t really looking at new construction, to be honest with you,

The elegant Boston apartment where Joan Bennett Kennedy lived for more than 45 years has been brought to the market by her surviving children, Ted Jr. and Patrick, for $2.59 million. Bennett Kennedy, who died in October 2025 at the age of 89, purchased the property in the 1970s with her husband, Sen

A company tied to Randall Smith of the multibillion-dollar “vulture” investment firm Alden Global Capital sold a new mansion in Palm Beach for $93.3 million.  Property records show 757 Island Dr LLC sold the eight-bedroom house, which was approved by the town’s architectural commission in 2022, the

Ohio-based Epcon Communities, a leader in the active adult segment, celebrated its 40th anniversary this year, while positioning itself for continued expansion amid strong demand from lifestyle-driven 55+ homebuyers. Phil Fankhauser and Ed Bacome founded the company in 1986, focusing on low-maintena

Peter Baytarian’s Forest Development beat out rivals The Related Group and Sonnenblick Development for a shot to develop 12 acres of Riviera Beach-owned waterfront. Riviera Beach city council members voted to give Forest Development a chance to build its proposed $556.1 million phased development at

It was a house like any other. A gray, single-section prefab, secured to single-stack masonry blocks with steel straps and anchor ties. It could have been someone’s starter home, downsized home, or best shot at owning a place of their own. Then, scientists turned their fans up to 150 mph. The test,

I’d like to share a New York expression because it’s very appropriate for this situation. “Fool me once, shame on me. Fool me twice, I should slap myself in the head.” I am watching colleagues I respect, smart people in this industry, telling agents to get on board with the new Google listing pilot.

Today the Fed hawks killed the doves. On the day Kevin Warsh is sworn in as Fed Chairman, he has lost one of the few doves left on the Fed board: Governor Christopher Waller, whom I would have wanted as Fed chairman. Today, Waller gave a speech about how policy risk has changed and to me this seals

The excitement of the World Cup is helping fuel condo sales to foreign buyers, particularly from Latin America, brokers and developers say.  It’s coming at a good time for the residential real estate industry, right when the market is slowing. Daniel Ickowicz, who leads the Aventura-based brokerage

America’s housing affordability debate has become one of those national arguments that sounds complete until you look at the product itself. The prevailing story holds that homes became unaffordable because prices outpaced incomes. That is true, but incomplete. The uncomfortable truth is that Americ

A Pennsylvania broker is suing to end the state's century-old requirement that real estate professionals must have a dedicated office separate from their home. Kevin Gaughen says he spent $35,000 a year on rent, taxes, utilities, and insurance to maintain the 1,000-square-foot converted Lemoyne offi

Nancy Barbato Sinatra’s former Beverly Hills residence is stepping back into the spotlight—this time as a luxury $27,495-a-month rental that is packed with Old Hollywood pedigree The so-called “Sinatra Residence,” where Frank Sinatra's childhood sweetheart lived for many years, has officially hit th

Buying a home can be an intimidating process, with the biggest hurdle for many being coming up with enough funds for a down payment.  Many people believe they need to put down at least 20% if they want a home. But that's not necessarily true.  Most buyers have down payments ranging from 3.5% to 20%

Related Group advanced a revised plan to build Portofino Hollywood, a beachfront residential development, after adding workforce housing to qualify the development for expedited approval under the state’ Live Local Act. The Hollywood City Commission voted 5-2 Wednesday to amend the city’s developmen

NASCAR champion Kyle Busch has passed away at the age of 41, just hours after it was revealed he had been hospitalized with an unknown but serious illness in North Carolina. Busch, a two-time Cup Series champion who won more races than anyone across NASCAR’s three national series, had been preparing

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,

Less than two weeks after the developer of Amrit Ocean Resort turned over control of the condo association to the unit owners, a rain event exposed what the association alleges are pervasive construction failures across the building.  In a lawsuit filed last week in Palm Beach County Circuit Court,