Luxury is an experience not a price point
D.R. Horton proposes 190 townhouses, 57 single-family homes in south Miami-Dade

D.R. Horton proposes a 247-unit residential development in south Miami-Dade County. The Arlington, Texas-based homebuilder plans 190 townhomes and 57 single-family homes on the southwest corner of Southwest 344th Street and 193rd Avenue in unincorporated Miami-Dade County, according to an applicati
Read MoreLive Local developers eye outcome of civil lawsuits and latest bill

Florida lawmakers recently strengthened the Live Local Act’s state control over municipalities, aiming to crack down on cities and counties that try to block applications filed under the workforce housing law. The amendments, unanimously approved by the House and Senate, which now await Gov. Ron De
Read MorePalm Beach County lands $67M weekly condo sales, led by $6M Breakers unit

Palm Beach County’s condo sales and dollar volume fell last week, despite a higher average sale price and price per square foot. Brokers closed 97 condo sales totaling $69.6 million from May 4 to May 11. The previous week, brokers closed 194 condo sales totaling $96 million. Last week’s units sold
Read MoreFathom stays optimistic about agent compensation plan even as losses mount
Fathom Holdings Inc. is under pressure to turn its business around, and CEO Marco Fregenal thinks its new agent compensation model can do that.On the company’s first-quarter earnings call on Tuesday, Fregenal touted Elevate, which provides agents with a 20% commission split and support systems to st
Read MoreWhy foreclosures are still below pre-pandemic levels
According to the most recent credit data from the New York Fed, foreclosure data for the housing market is still below 2019 levels. Although foreclosure rates rose in the last quarter, we are far from the stressful levels that we saw during the run-up to the housing bubble crash in 2008. Credit data
Read MoreAppraisal Institute executive accused of harassment withdraws from public appearances

The Appraisal Institute (AI) executive who’s been accused of sexual misconduct by multiple women has decided to keep a lower profile.AI Vice President Craig Steinley will cease making public appearances after an expośe by the New York Times detailed accusations against him of inappropriate comments
Read MoreTexas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral

After lawsuit challenging the government’s authority to extinguish stakes in securitized Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae, the plaintiff in the case has made good on its promise to appeal the decision.Tex
Read MoreServiceLink expands closing technology

Mortgage solutions provider ServiceLink has introduced updates to its EXOS Close platform aimed at increasing scheduling flexibility for lenders and borrowers.The latest enhancements allow users to schedule closings in real-time with expanded options for online and in-branch appointments, and add au
Read MoreMortgage delinquencies rise slightly in Q1

The delinquency rate for U.S. residential mortgages rose slightly in the first quarter of 2025. This was partially driven by an uptick in conventional loan delinquencies and rising foreclosure inventory, particularly among loans backed by the U.S. Department of Veterans Affairs (VA).The Mortgage Ban
Read MoreHUD announces $1.1B in funding for affordable housing in Tribal lands

In one of the most robust housing assistance funding announcements of the second Trump administration so far, the U.S. Department of Housing and Urban Development (HUD) announced on Tuesday that it is making $1.1 billion in Indian Housing Block Grant (IHBG) funding available for eligible Native Amer
Read MoreAging in place is not ‘equally accessible’ to all, study finds

Despite the overwhelming preferences of older people to age in place in their own homes — a trend that holds true across North America — there remain inequities that limit the access and ability for some older people to fulfill this desire, according to the findings of a recent study.Researchers at
Read MoreNamaste: Miami Beach board approves Alo Yoga’s planned store and health club

The Miami Beach Historic Preservation Board found clarity and balance with Alo Yoga’s plans for a new store and private health club on a dead retail corner at Collins Avenue and Lincoln Road. At a Tuesday hearing, the board voted 5-0 to approve Beverly Hills-based Alo Yoga’s revamping of a shuttered
Read MoreMBA urges overhaul of mortgage rules in letter to OMB

The Mortgage Bankers Association (MBA) submitted a formal request to the White House Office of Management and Budget (OMB) on Monday, asking for the rescission of six rules and revisions to nine others that affect the mortgage industry. These include regulations tied to servicing, the Real Estate Se
Read MoreKeystone proposes 477-unit Live Local Act project in Fontainebleau

Keystone Holdings Group proposes a 477-unit Live Local Act project in the Fontainebleau neighborhood. The Miami-based firm wants to build the 18-story Keystone Midway on its 2-acre lot at 190 Northwest 79th Avenue in unincorporated Miami-Dade County, according to an application filed to the county
Read MoreFHA cites AI emergence as it ‘archives’ inactive policy documents

The technology posture of the federal government’s housing apparatus has been a hot topic of discussion for years. Advocates have advised — and sometimes warned — of the need to modernize the tech infrastructure at government housing agencies.With the dawn of artificial intelligence (AI) and its inc
Read MoreWestside Capital linked to $23M Coral Gables mansion purchase

An entity linked to Jakub Hejl’s real estate investment firm, Westside Capital Group, bought a renovated waterfront estate in Coral Gables for $23.4 million. Records show 6801 Granada Owner LLC, a Delaware entity, bought the mansion at 6801 Granada Boulevard from Weston Grove LLC, a Florida firm led
Read MoreRobert Rivani’s Black Lion bids adieu to Brickell, sells two commercial units for $38M

Robert Rivani’s Black Lion exited the Brickell submarket after selling a pair of commercial condos leased to fine dining restaurants for a combined $38.2 million. Black Lion affiliates sold an 8,000-square-foot commercial unit with a 3,000-square-foot patio on the first floor of the SLS Lux Brickell
Read MoreAtlantic Pacific proposes 375-unit affordable, workforce housing project in Miami’s Overtown

Atlantic Pacific Companies proposes a 375-unit project with affordable and workforce apartments in Miami. The Boca Raton-based development firm wants to build an eight-story building with 10,000 square feet of ground-floor commercial space and a 421-space garage on a portion of the site at 800 Nor
Read MoreMiami-Dade scores $112M in weekly condo sales, $28.6M PH tops list

Miami-Dade County’s condo sales and dollar volume dropped in the second week of May. Brokers closed 91 condo sales totaling $111.9 million from May 4 to May 11. The previous week, brokers closed 157 condo sales totaling $136.9 million. Last week’s units sold for an average of $1,230,121, higher than
Read MoreMore than half of the summer's top trending travel destinations are in Asia

Tokyo, Osaka, Paris and Shanghai lead the world for growth in summer travel bookings, according to a report published Monday by Mastercard Economics Institute.
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