Luxury is an experience not a price point
‘Insufficient funds’ delay State Farm wildfire check for nearly $900K
A nearly $900,000 insurance check from State Farm failed to clear for more than a week, raising alarm for an Altadena, California, homeowner still displaced by January’s wildfires.Amelia McDonald, a veteran insurance defense attorney, deposited a check for $876,354.07 on June 30. But by July 9, the
Read MoreLongpoint picks up grocery-anchored shopping center for $34M
Longpoint dropped $34 million for a grocery-anchored shopping center in Miramar. An affiliate of Boston-based Longpoint, led by Dwight Angelini, acquired Miramar Parkway Plaza, a 167,840-square-foot retail complex anchored by Presidente Supermarket, at 3176 South University Drive, records and real e
Read More11 mortgage lead generation ideas to build your client base
Lead generation for mortgage brokers and officers is all about consistently filling your pipeline with individuals who are interested in buying a home now or in the future. Considering the fluctuating state of the housing market and inflated mortgage rates, it’s even more crucial to showcase your ex
Read MoreHorse racing stable owner Richard Templer sells waterfront Boca Raton mansion for $19M
Thoroughbred stable owner Richard Templer and his wife, Diane Templer, sold their waterfront Boca Raton home for $18.7 million, after dropping $28.5 million on a larger spec mansion last year. Records show the couple sold the house at 190 Northeast Fifth Avenue to Kendal Land Trust, with Cathleen G.
Read MoreWestcor joins Fannie Mae title waiver pilot
Westcor Land Title Insurance Co. is now the second title vendor taking part in Fannie Mae‘s title insurance waiver pilot program. Federal Housing Finance Agency (FHFA) Director Bill Pulte announced the move in a social media post.The waiver pilot, relaunched by Fannie Mae in March 2024, allows appro
Read MoreJudge approves Grant Cardone, Penn-Florida $235M 101 Via Mizner purchase
Grant Cardone, a crowdfunding multifamily syndicator, is one step closer to getting into the condo selling business. On Thursday, U.S. Bankruptcy Judge Erik P. Kimball approved the $235 million sale of 101 Via Mizner in Boca Raton to a joint venture between the current owner, Penn-Florida Companies,
Read MoreNonbanks cement their dominance in agency servicer/seller market
New issuance of agency mortgage servicing pools is down sharply — $555 billion through the first six months of 2025 versus $1.1 trillion in the same period last year — and is reflective of a sluggish origination environment. That’s according to Recursion‘s Agency Mortgage Servicer/Seller Report for
Read MoreCompass opens exclusive listings to rivals — with strings attached
In a surprising move, Compass announced Friday it will open its exclusive inventory to any real estate brokerage or multiple listing service (MLS) — marking a shift for a firm long known for promoting private listing networks.The offer comes with strict conditions: listings must remain unaltered, wi
Read MoreHouse Democrats push back on crypto legislation with ‘anti-corruption’ efforts
Congresswoman Maxine Waters (D-Calif.) and Congressman Stephen Lynch (D-Mass.), announced on Friday that next week will be known as “Anti-Crypto Corruption Week.”During this time, they plan to rally Democrats to push back against Republican efforts to fast-track three pieces of legislation related t
Read MoreMortgage delinquencies are rising as homeownership costs pile up
Rising property taxes, insurance payments and growing delinquencies are eroding the promise of long-term stability in homeownership, according to a new blog from Cotality.The post revealed that across the country, more people are starting to fall behind on their mortgages due to the post-purchase co
Read MoreYamal Yidios’ Ytech proposes 113-unit condo tower in Brickell
Developer Yamal Yidios proposes a 54-story, 113-unit condo tower in Brickell. Yidios’ Brickell-based Ytech wants to build the tower on about a half-acre property at 41 and 75 Broadway, which also is listed as 41 and 75 Southwest 15th Road in Miami, according to city records. The Miami Urban Developm
Read MoreDevelopers propose 140-unit apartment building near Miami River
Developers want to build a 140-unit apartment building near the Miami River, marking a continuing flurry of multifamily project applications in South Florida. Bricka CB Development –– led by Italo Balbi, Ashley Bosch and Gaston Corradi –– wants to build the 10-story Rio Vista Apartments on a 1-acr
Read MoreAsians are avoiding trips to the U.S. this year — for a variety of reasons
Tariffs and border detentions are prompting some travelers to avoid the U.S. this year. But many in Asia say they're more concerned about safety than politics.
Read MoreTrump administration ‘effectively disbands’ the PAVE task force
The Trump administration announced Thursday that it has ended the major policy provisions of the Biden-era Property Appraisal and Valuation Equity (PAVE) task force, “effectively disbanding” a program that sought to eliminate racial bias in the appraisal process.The directive primarily applies to tw
Read More‘Dating the rate’ misled borrowers. Now they’re financially strained
“Marry the house, date the rate” is a phrase that was popularized during the post-pandemic era of rising mortgage rates. Lenders urged borrowers to focus on finding a house they were head over heels with and worry about their interest rate down the line.Borrowers who were accustomed to rates hoverin
Read MoreSurfside victims’ attorney buys his Venetian Islands neighbor’s house for $16M
Judd Rosen, one of the lead attorneys who represented victims of the Surfside condo collapse, bought his Miami Beach neighbor’s waterfront home for $15.5 million. Records show the seller is Barbara Becker, the ex-wife of tennis great Boris Becker. She sold the house at 111 East Di Lido Drive in the
Read MoreKolter plans 386-unit Live Local multifamily project in Delray Beach
Kolter Group is seeking streamlined approval of Alton Delray, a 386-unit multifamily development with a workforce housing component, under the state’s Live Local Act. Kolter, led by CEO Bobby Julien, plans to charge below-market rents for 154 workforce housing units, or 40 percent of the apartments
Read MorePropStream expands lead generation tech through acquisitions
PropStream, a real estate data and analytics subsidiary of Stewart Information Services, has acquired lead generation and marketing platforms Batch Leads and Batch Dialer.The acquisitions merge PropStream’s property data capabilities with Batch Leads’ artificial intelligence-driven lead generation t
Read MoreBilt raises $250M to expand into mortgages, with backing from UWM
Bilt, which operates a loyalty program and credit card that converts rent payments into points, has secured a $250 million funding round led by General Catalyst and GID, with participation from United Wholesale Mortgage (UWM), the nation’s largest mortgage lender.The funding brings Bilt’s valuation
Read MoreCentury 21 expands in Utah, adding Edge Real Estate
Century 21 Real Estate has announced the affiliation of Edge Real Estate, a Kaysville, Utah-based brokerage founded by Tiffany Kennard.The move expands the footprint of the Century 21 brand along Utah’s Wasatch Range and marks the rebranding of the firm as Century 21 Edges.Founded two years ago, Edg
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