While much of the housing industry views Rocket Companies’ proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast. On Friday in U.S. District Court in Seattle, plaintiff Jason Morano filed a lawsuit accusing the two companies of

In a strongly worded op-ed, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner defended the recent repeal of the Affirmatively Furthering Fair Housing (AFFH) rule.Turner argued in The Gazette, an Iowa-based newspaper, that AFFH represented a federal overreach into local ho

The House tax committee is looking to raise the cap on the state and local tax deduction (SALT) and formally adopt several of President Trump’s campaign tax promises as part of a multi-trillion-dollar package, Republicans’ main legislative priority.The draft legislation, introduced by the tax-writin

A German partnership is moving ahead with plans for Cloud One Hotel & Residences Wynwood, a mixed-use project with condominium and hotel components.  ALP.X Group, Motel One and Büschl Group plan to launch condo sales this month, the developers told The Real Deal. They tapped Douglas Elliman to lead

Alo Yoga is looking to activate a dead corner on Lincoln Road and Collins Avenue with a new store and private health club.  The Miami Beach Historic Preservation Board is scheduled to vote on Tuesday on Beverly Hills-based Alo Yoga’s planned renovation of a former Walgreens pharmacy on the ground-fl

The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago.If you’re following the data closely, you know that home sales are still running at or below last year’s pace. Year to date, through the first week of May, we count 3% f

ERA Experts — a franchise affiliate of ERA Real Estate — has made a strategic investment in Austin-based Sprout Realty LLC, which will now operate as Sprout Realty ERA Powered.Leaders said the move is aimed at accelerating Sprout Realty’s growth across Austin, Waco, Dallas-Fort Worth and other parts

Bradford Allen Investment Advisors bought the One Clearlake office tower in West Palm Beach for $45 million, marking a nearly 26 percent discount from its previous sale price four years ago.  Boston-based Rockpoint and its partners sold the 18-story building at 250 South Australian Avenue, according

Better Homes and Gardens Real Estate Heritage Group has acquired Manchester, Tennessee-based Advantage Realty Partners in a move to strengthen its presence and market share across middle Tennessee.The acquisition brings the firm’s total footprint to three offices and roughly 80 affiliated sales asso

Century 21 Solid Gold Realty has merged with longtime central New Jersey brokerage Gloria Zastko, Realtors — a move that expands Century 21’s market presence further north and west into Middlesex County.The 34-year-old North Brunswick, New Jersey-based agency will now operate under the name Century

The median age of homes purchased nationwide reached a record high of 36 years in 2024, a significant jump from 27 years in 2012, according to an analysis released Monday by Redfin.The trend reflects a long-term slowdown in new home construction and growing affordability challenges. Buyers are incre

Reverse mortgage professionals encounter a variety of challenges when introducing product specifications to a prospective customer for the first time. These elements may include an explanation of how the loan proceeds work, clarifying the realities of negative amortization, or something as basic as

What will happen to mortgage rates now that China and the U.S. have made progress in their trade war, agreeing to a 90-day period of lower tariffs? Stocks are up considerably this morning and bond yields have also increased. This raises the question: Is the de-escalation of the trade war good for mo

“Wonder Woman” actress Lynda Carter is flying away from Four Seasons Residences at the Surf Club.  Carter entered into a contract to sell her luxury condo in Surfside, asking $23 million.  The pending sale leads the condo component of last week’s Eklund-Gomes report, which tracks listings of homes a

Maple & Ash, Earls Kitchen + Bar | Miami Worldcenter  Two restaurants, including a Chicago-based steakhouse, are among new tenants at the Miami Worldcenter mixed-use complex.  Maple & Ash opened a 22,000-square-foot flagship steakhouse on two stories at  699 Northeast First Avenue in downtown Miami,

In the latest batch of South Florida real estate hiring news, Barry Sternlicht’s Miami Beach-based Starwood Capital Group named Rob Allard as chief investment officer for Starwood Insurance Strategies, according to a press release. It is an arm of the firm’s credit division, the release shows.  Alla

A rule requiring short-term lodging companies to disclose "junk fees" starts Monday. But cuts to two government agencies could hinder enforcement.

Ryan Serhant pitched Netflix a Miami version of “Owning Manhattan.”  At The Real Deal’s New York Forum last week, he talked up the advantages of reality TV.    “There’s a real distribution funnel that comes from exposure from what we’re selling that you just can’t buy,” he said, referring to Netflix

The FAA and airlines are meeting on Wednesday to discuss flight cuts at Newark Liberty International Airport.

Yas Island, Abu Dhabi, home of Disney's newest planned theme park, has boomed over two decades into one of the biggest consumer economic engines in the world.