The Fed hawks must feel very awkward today. Before the July Fed meeting, Fed Governor Chris Waller said that if the July CPI report came in hot, a July rate hike would be on the table. Since that day, CPI inflation came in as a big miss, PPI inflation came in as a big miss, and today the jobs number

Developer Jeffrey Soffer put “unrelenting pressure” on the city of Aventura for the approval of a pair of condo towers in an exclusive waterfront enclave, a new lawsuit says.  The condominium associations for the North and South towers on Turnberry Isle sued the city and YCM Acquisition, an entity m

More and more cities are reconsidering the use of of automated license plate readers amid rising backlash over privacy concerns. ALPR companies such as Flock Safety have received major backlash from the public—with approximately 23 city councils across the United States canceling, rejecting, or deac

A spectacular waterfront estate on Cape Cod has hit the market for $12.9 million, a price that could rewrite the record books in one of Massachusetts' most sought-after seaside communities. Perched on the shores of Cape Cod Bay in the town of Sandwich, the sprawling property is a "once-in-a-generati

Developers in Buckeye, AZ, are eyeing a plan to build hundreds of affordable housing units in the city, but they say there's just one problem: longtime local Councilman Tony Youngker. Youngker's family homestead is sitting on a plot of land smack in the middle of the proposed 375-unit project, and i

Former Starbucks CEO Howard Schultz has offloaded his longtime Hawaii sanctuary for the staggering price of $36 million—just months after he invested $44 million in buying a luxury residence in Florida. Schultz, 73, who has an estimated net worth of $3.5 billion, according to Forbes, has now made an

Dream Finders Homes Inc. will pay about $915 million to acquire Beazer Homes USA Inc. in a deal that will create the nation's sixth-largest homebuilder, the two companies announced on Friday. Jacksonville, FL–based Dream Finders, which builds expansively in the Southeast and Southwest, will buy Atla

President Donald Trump restarted his effort to remove Lisa Cook from the board of the Federal Reserve following a Supreme Court ruling against him. ABC News reported that Cook received notice that the White House was "considering" removing her and gave her three weeks to respond. Cook, a Biden appoi

Last year, the Los Angeles metropolitan area was decimated by wildfires. But today, local real estate experts say the luxury condo market is experiencing a strong revival. The most expensive segments of the city's luxury condo market, with price points ranging from $5 million to $10 million and from

President Donald Trump is reportedly moving forward with a renewed attempt to remove Federal Reserve Gov. Lisa Cook over mortgage fraud allegations.  The White House this week sent Cook a letter stating the president is “considering” removing her and demanding she respond to the allegations within t

Fitch Ratings downgraded the long-term issuer default ratings of United Wholesale Mortgage (UWM) to B+ from BB-, citing a sharp increase in leverage driven by second-quarter losses and higher borrowings. UWM’s ratings outlook is stable, Fitch said. UWM’s corporate leverage, measured as gross nonfund

REMAX and Keller Williams have received final approval of their homebuyer commission lawsuit settlement agreements in the Batton 1 lawsuit.  Judge LaShonda Hunt, who is overseeing both of the Batton lawsuits, granted final approval to both settlements this week after a fairness hearing on Tuesday. 

There is a number every listing agent should be able to explain this week: 4.6%. It is the premium Compass says its private listings earn sellers. There is a second number that says the opposite. And there is now a third party, the United States Congress, asking which one is true. Start with Washing

Ellington Financial Inc. on Thursday reported second-quarter 2026 net income attributable to common stockholders of $54.4 million, driven by strong loan credit performance and growing reverse mortgage production at its Longbridge Financial subsidiary. The Connecticut-based real estate investment tru

The chef behind Michelin-starred New York City restaurant Rezdôra is bringing a new concept to Miami at the Allen Morris Brickell Park, one of the neighborhood’s few green spaces and one of the city’s most hotly debated development sites. Coral Gables-based Allen Morris Companies plans to partner wi

The Gibson home seller commission lawsuit plaintiffs have been authorized to send a notice to all of the MLSs that opted into the National Association of Realtors’ (NAR) commission lawsuit settlement reminding them of their responsibilities in the settlement.  This comes after Judge Stephen Bough, w

One of the earliest surviving midcentury modern homes designed by acclaimed duo Dan Palmer and William Krisel has hit the market in Los Angeles—offering a rare glimpse into the origins of the beloved architectural style. While Palmer & Krisel, as the architects were known professionally, would later

The serene poolside area. Photo by Venjhamin Reyes If a home could smile, this one would. Set in Coquina Sands amid a manicured tropical grove and mature banyan-lined streets, this modern manse pairs lush surroundings with casually elegant interiors. “I worked with the builder and architect when the

Millrose Properties, whose spin-off from Lennar less than 18 months ago ushered in a modern era for residential development land-banking, is showing signs it is not an investment model entirely immune to a fitful homebuilding market, but is holding steady nevertheless. Millrose’s Q2 2026 earnings ca

Kami Fehlig had about half an hour to decide what her family could carry out of their Spokane, WA, home. She and her husband loaded their two daughters and dog into their cars, along with a wedding album, baby books, and pet supplies. Then the power went out, and the warning became urgent: “Go now,