Mortgage applications fell for the fourth straight week—down 0.8% for the week ending April 3, according to the Mortgage Bankers Association. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.8% ona seasonally adjusted basis from one week earlier. On an unadjuste

California's proposed wealth tax might be fueling an outflow of billionaires toward friendlier tax hubs like Florida and Nevada, but global buyers are doubling down on Los Angeles. In the wake of the devastating wildfires that scorched Southern California in the first weeks of 2025, international de

High-end real estate is a niche in most of the country, but in more than a dozen elite enclaves scattered from coast to coast, the million-dollar home is the baseline—transforming these coveted ZIP codes into hubs of pure luxury. Realtor.com® economists analyzed the latest housing data to identify c

IndiGo shares rose 11% as the U.S.–Iran ceasefire could ease pressure on India's aviation sector, which has been grappling with high operational costs.

AI is shifting negotiating power from lenders to borrowers at scale. The institutions that restructure their workflows and tools to meet that reality will grow. The ones that don’t will feel it in pull-through rates before they understand why. For most of mortgage’s recent history, information asymm

Even though homebuying conditions have improved, the real estate investors closest to distressed housing are increasingly pessimistic about where home prices are headed next. That’s according to Auction.com‘s 2026 Buyer Outlook Report that was released Wednesday. The report is based on a survey of m

Fuel prices have nearly doubled in the U.S. since the United States and Israel attacked Iran.

As AI becomes more productive, it could leave behind ordinary households who are more exposed to job loss, weaker safety nets, and higher utility costs—but it doesn’t have to be that way, according to a new memo from OpenAI. In the 13-page report, Industrial Policy for the Intelligence Age: Ideas to

A striking log home that was constructed using the entirety of several enormous red cedar tree trunks has been put on the market for $4.45 million, just a few miles from the northern shores of Lake Tahoe. Located in Truckee, CA, the multibuilding compound at 12804 Quail Lane was built in 2017 and ha

Approval of Infinity Collective’s proposed mixed-use project on Miami Beach’s Alton Road was postponed amid concerns over traffic, setbacks and nearby retail vacancies.  The Miami Beach Planning Board on Tuesday voted to continue the item to its May 5 meeting.  New York-based Infinity Collective’s p

Infinity Collective’s proposed mixed-use project on Miami Beach’s Alton Road scored first approval, though city officials scrutinized the building’s setbacks and potential success of its retail space in light of nearby storefront vacancies.  The Miami Beach Planning Board on Tuesday voted to move th

More Americans are breaking into the upper middle class, but for those left behind, the dream of homeownership may be slipping out of reach. About 31% of U.S. households earn enough to be considered upper middle class, up from just 10% in 1979, making it the nation's largest economic group, accordin

Home prices in San Francisco climbed to a historic high in March thanks to the metro's unprecedented AI boom that's creating well-paying jobs.  The median home sale price in San Francisco hit $2.15 million last month, up 18% compared to a year ago, exceeding the previous record of $2.05 million reac

True Footage has raised a $40 million Series C round led by Cox Enterprises’ Socium Ventures that will fund expansion of its staff appraiser model and its data and analytics platform for lenders and consumers. True Footage launched in 2021 with a thesis that appraisal quality and turn times could be

The developers of West Palm Beach’s Nora District are seeking a boost in public funding for infrastructure improvements to $26.1 million. NDT Development and its partners requested $5.3 million as part of West Palm Beach’s Real Estate Development Accelerator program, public planning documents show. 

An extraordinary 1,225-acre, Tuscan-inspired legacy compound that once belonged to the co-founder of weight management company Herbalife has hit the market in California for the staggering price of $25 million. Located in San Juan Capistrano, the property is a cornucopia of luxury amenities, not lea

Delta and Southwest are joining United and JetBlue in raising checked bag fees.

OKO Group is looking to collect $22.4 million from four insurers, alleging an unpaid claim for damages and delays during construction of the Missoni Baia branded condo in Miami’s Edgewater.  An affiliate of Billionaire Vlad Doronin’s Miami-based OKO sued Zurich American Insurance, Allianz Global Ris

Construction has started at the future site of the Mercedes-Benz-branded residences in Miami, but behind the scenes, a lawsuit is playing out and putting the project in jeopardy. Michael Stern, the developer behind Mercedes-Benz Places in Brickell, needs to find financing for the planned towers. Day

California lawmakers have been at the forefront of zoning reforms to increase housing supply and affordability. New legislation filed Tuesday would put the state on the path to joining single-stair reform that other states and cities have already adopted. Assemblymember Alex Lee’s newly filed bill p