NBA Hall of Famer Alonzo Mourning and Housing Trust Group landed a $47 million financing package for a seniors-only affordable apartment project in Hollywood.  Mourning’s AM Affordable Housing and Coconut Grove-based Housing Trust Group started construction of the 96-unit Villa Jordana at 826 South

Price softness is likely welcome news for buyers, and it comes on the heels of another market-friendly development for both buyers and sellers: a 3.5-year low in mortgage rates. The Freddie Mac 30-year fixed rate slipped to 6.01% this week—it’s lowest level since September 2022—and it’s down from 6.

In a step toward radical property tax reform, the Florida House of Representatives approved a joint resolution on Thursday that would completely end nonschool property taxes for homestead properties as soon as Jan. 1, 2027. The move came in the form of an amendment to HJR 203, introduced by Rep. Mon

Developers of a North Miami apartment project scored a $57.8 million construction loan as Miami-Dade County’s multifamily pipeline chugs along despite a slowdown in leasing activity.  Continua Developments, led by principals Felipe, Enrique and Pablo Echeverri, and SP Developments, led by Daniel Jar

Eight trade groups representing lenders are urging federal regulators to revise bank capital rules by adopting a more tailored risk weight for mortgages held on balance sheets and by significantly cutting the capital charge applied to mortgage servicing rights (MSRs). In a letter sent Friday to the

Opendoor may have lost $1.3 billion in 2025, but company executives say the iBuyer is back on track to becoming a profitable business.  On an earnings call with investors and analysts Thursday evening, Opendoor CEO Kaz Nejatian called his company’s fourth quarter and full-year 2025 earnings “good.”

With all the housing drama lately going on, one truth has stayed constant for years: new home sales are holding up due to rate buy-downs, but housing permits are still at recession levels! What gives here? First and foremost, new home sales have outperformed the existing home sales market for many y

A delayed December new-home sales release showed a slight increase in 2025 over a year earlier, but median new-home sales prices decreased, reflecting a challenging homebuilding market weighed down by cost reductions, elevated incentives and a slower-than-expected sales pace.  “New home sales ended

The Los Angeles "mansion tax," officially known as Measure ULA, was adopted nearly three years ago to combat homelessness and fund affordable housing, but new research suggests the policy has backfired, stalling construction citywide.  The controversial tax, which went into effect in April 2023, imp

Millions of acres of farmland across the country are privately owned, but a small share of it is foreign-owned land sitting idle in many areas. That's according to new U.S. Department of Agriculture data which shows just how much of the nation's agricultural land is owned by other countries. The USD

Picture this: Your parent calls to tell you they're selling the house. Maybe they're moving across the country. Maybe they're cashing out and buying a condo in a state you've never associated with them. Maybe they're downsizing into something that feels, to you, like a mistake. Bottom line is, they’

Following what has been a brutal and long winter for many Americans, spring is thankfully just around the corner. But with the new season comes warmer weather, and homeowners might face a new round of risks, such as flooding from snowmelt and spring rains. AccuWeather Lead Long-Range Expert Paul Pas

For REMAX, U.S. agent count remains a challenge, even as the company reported a larger net income in 2025 than it did in 2024, according to an earnings report published on Thursday evening.  In 2025, REMAX reported a net income of $8.2 million, up from $7.1 million. This increase came despite revenu

Developer James Batmasian’s plans to scale back his proposed Royal Palm Place Hotel project won approval from Boca Raton’s Planning and Zoning Board Thursday. The proposed 12-story hotel at 200 South Federal Highway, 75 Southeast Third Street, and 194 Southeast First Avenue will have seven fewer hot

"Backstreet Boys" star Brian Littrell suffered a setback in his lawsuit against a Florida neighbor, alleging she sought to "antagonize, bully, and harass" him and his family, after a judge dismissed his claim that her alleged trespassing on his $3.8 million mansion caused emotional harm. Littrell, 5

Kiavi, a digital nonbank lender for residential real estate investors, announced Thursday that it closed a $350 million rated securitization of residential transition loans (RTLs). The transaction marks Kiavi’s sixth rated securitization and 24th deal under its LHOME shelf, bringing its total offere

New single-family home sales picked up in December compared to the year earlier, moved by recovery in the Midwest. About 745,000 homes sold nationwide in December compared to 718,000 the year prior, according to seasonally adjusted data released by the U.S. Census Bureau Friday. And the median sale

A study by Andrew Davidson & Co. found meaningful credit score discrepancies among the three major bureaus — a key data point for those arguing in favor of maintaining the tri-merge standard rather than shifting to a bi-merge or single-report model. According to the paper, released Friday, 35% of th

The Supreme Court on Friday ruled in a 6-3 decision that President Donald Trump overstepped his authority by imposing sweeping tariffs under a federal law intended for national emergencies, a decision that marks a rare defeat for the administration at the high court, which holds a 6-3 conservative m

If you thought owning an updated home was out of your price range, it's time to think again. Whether you are in the market for a primary residence, seeking an investment property, or wanting a retreat to add to your real estate portfolio, modern cottages offer the flexibility of an open-concept layo