The Japanese capital took the No. 1 spot for the best "workcation" destinations in the world, according to a 2025 report by the International Workplace Group.

Inflation data was warm last week, but mortgage rates remain near their lowest levels for 2025 because mortgage spreads continue to outperform. Last week featured a hot Producer Price Index (PPI) report and a core Consumer Price Index (CPI) inflation rate of 3.1% year-over-year, and still — mortgage

The cycle for new multifamily construction is ending, and owners of multifamily development sites are looking for an out.   It makes sense. Many developers are putting their sites up for sale following a period of rapid growth fueled by the pandemic boom. Then came the slowdown, brought by unsustain

Florida homebuyers are facing the same affordability challenges that other housing markets are grappling with, but with added regulatory hurdles if they want to buy a condo. The Florida Association of Mortgage Professionals (FAMP), which is hosting its annual convention this week in Orlando, is addr

The Social Security system celebrated its 90th birthday this week. In the wake of this milestone, several policy analysts and news outlets offered their thoughts on the program’s past, present and future. The Committee for a Responsible Federal Budget (CRFB) noted that the safety net program that cu

In the debate over whether Fannie Mae and Freddie Mac should merge, the Mortgage Bankers Association (MBA) has remained consistent: “We don’t think that would be a good idea,” chief economist Mike Fratantoni said. The trade group supports a stock offering that preserves stability in the secondary mo

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Read on for a rundown of speakers who shared expert insight at this past week’s HousingWire AI Summit in Dallas. Talk ran

Meta Development scored a $28M construction loan to build Opus, a planned 12-unit boutique condominium in Coconut Grove. Los Angeles-based Arixa Capital provided the financing to Miami-based Meta, a joint venture between Lucid Investment Group, also based in Miami, and Brazil’s Iron Capital, a press

Leading Real Estate Companies of the World (LeadingRE) has added Rejig.ai to its Solutions Group, a collection of preferred business resources available to its global network of 550 real estate firms. Rejig.ai provides automated digital marketing tools for real estate agents, teams and brokerages. I

Permits for new multifamily housing construction have declined from the pace set during the COVID-19 pandemic, according to a Redfin analysis of U.S. Census Bureau data. Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June

As Hurricane Erin becomes the first hurricane of the 2025 season, homeowners in many parts of the U.S. are already facing double-digit insurance rate hikes, and insurers in some areas continue to pull out altogether. In high-risk, catastrophe-prone regions, homeowners’ premiums are projected to rise

Warren Buffett’s Berkshire Hathaway made a major investment in Miami-based homebuilding giant Lennar, purchasing over 7 million shares for nearly $800 million in the first half of this year.  Berkshire Hathaway bought 5.3 million shares of Lennar for $575 million in the second quarter, Berkshire rev

Mortgage lenders deploying artificial intelligence should prepare now for Colorado’s comprehensive AI law that will take effect in February 2026 and rethink how they manage compliance risk. That’s according to Mike Brown, chief product officer at Xactus, and Wendy Lee, managing partner at LOGS Legal

Lore Development Group plans a 402-unit apartment project on a portion of the closed Johnson & Wales University campus in North Miami, The Real Deal has learned.  Lore, a joint venture between Leste Group and Brazilian firm Opportunity Fundo de Investimento Imobiliário, wants to develop the Biscayne

Several senior executives in Better’s control and finance teams, including chief financial officer Kevin Ryan, have taken additional jobs or left the company as it navigates financial pressures, according to public announcements and updates to social media profiles.  In July, Ryan also joined invest

Spec home developer Todd Michael Glaser and the Posner Group are looking to flip for $169 million the waterfront Miami Beach estate they bought for $105 million in July — equating to a 60 percent markup. They also listed the property for rent, asking $495,000 a month.  Developer Sonny Kahn, a foundi

The promise that artificial intelligence brings to the mortgage ecosystem through faster processes and reduced expenses is also accompanied by the potential threat it poses to human roles. While the next two years could see an acceleration of AI-related job losses, Diane Yu urges mortgage profession

Airlines are seeing an earlier drop-off in summer travel as children return to school earlier.

Russell Weiner, the billionaire founder of Rockstar Energy Drink, is alleging the project manager and general contractor of his $100 million-plus estate in Miami Beach completed defective work that lacked the proper approvals and permits.  Weiner’s Pine Tree Development filed a new lawsuit this summ

Emerald Group and Infinite Care bought a pair of senior rehabilitation centers in South Florida for a combined $29 million.  In the bigger deal, an entity led by Lakewood, New Jersey-based investor Yisroel Herzka and tied to Emerald and New York-based Infinite Care paid $18.9 million for the 120-bed