Luxury is an experience not a price point

  • Movers & Shakers: Elliman hires general counsel in Miami

    Movers & Shakers: Elliman hires general counsel in Miami,Kate Hinsche

    Douglas Elliman hired attorney Bradley Brodie as its general counsel in Miami, according to a U.S. Securities and Exchange Commission filing. He joins the brokerage from Sidley Austin, a top-ranked firm where he worked as counsel for two years, LinkedIn indicates. His previous experience includes st

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  • Airline bookings haven't moved with the times. That’s about to change

    Airline bookings haven't moved with the times. That’s about to change  ,

    Airlines are moving from reservation system operators to modern digital retailers that function more like Amazon and Spotify, Flyr CEO Alex Mans told CNBC Friday.

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  • The Weekly Dirt: What’s next for the late Isaac Kodsi’s Coconut Grove condo project 

    The Weekly Dirt: What’s next for the late Isaac Kodsi’s Coconut Grove condo project ,Katherine Kallergis

    Developer and real estate attorney Isaac Kodsi’s final project will be completed by members of his family following his unexpected death. Kodsi died in early August at the age of 59.  He was nearing completion of Arbor Residences, a Coconut Grove condo project that he acquired out of foreclosure in

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  • Where do mortgage rates go from here?

    Where do mortgage rates go from here?,Logan Mohtashami

    Mortgage rates reached a new year-to-date low Friday after Fed Chair Jerome Powell, during his speech at the Jackson Hole Economic Summit, finally acknowledged that he was concerned about the labor market. Does that mean mortgage rates can go lower from here? It’s complicated. Since the last jobs re

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  • How McLaughlin v. McKesson will implicate lender operations

    How McLaughlin v. McKesson will implicate lender operations,Amanda Tucker

    Stripping away decades of precedence and standardized regulation makes compliance a moving target — especially for lenders whose operations span state borders — yet this is exactly what happened earlier this summer. SCOTUS’ impact on the lending landscape The Supreme Court’s June 20th decision in Mc

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  • Older adults support many types of housing regulation reform

    Older adults support many types of housing regulation reform,Sarah Wheeler

    Older adults support changing zoning laws to make homebuilding easier, according to new surveys by AARP and the Pew Charitable Trusts. Older adults overwhelmingly want to age in place, but their homes are often unsuited to aging, while rising home prices and a shortage of housing inventory makes it

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  • Tech Pulse: eXp’s digital twin trend; lenders urged to build AI compliance

    Tech Pulse: eXp’s digital twin trend; lenders urged to build AI compliance,Jonathan Delozier

    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. Here’s what happened this week: eXp Realty embraces digital twin tech to transform workflows eXp Realty isn’t dabbling in

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  • What to expect next from The Builder’s Daily

    What to expect next from The Builder’s Daily,John McManus

    No one in the homebuilding business I know is sitting around waiting for things to get easier. That’s not how this works. Not in 2025. Not when mortgage rates, insurance shocks, permitting delays, capital costs and housing politics are all pulling in different directions. Not when builders are expec

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  • Is the real estate industry getting its antitrust enforcement wish? 

    Is the real estate industry getting its antitrust enforcement wish? ,Brooklee Han

    Many in the real estate industry lauded President Donald Trump’s victory in the 2024 presidential election as they anticipated his win would usher in a new wave of weaker antitrust scrutiny on an industry that had spent the past four years battling its fair share of antitrust suits.  However, these

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  • Pittsburgh, Cleveland top global metro affordability list

    Pittsburgh, Cleveland top global metro affordability list,Jonathan Delozier

    Pittsburgh and Cleveland rank as the world’s most affordable major housing markets, but a new report finds that not a single metro area among 95 studied actually qualifies as affordable. The annual Demographia International Housing Affordability report — released by Chapman University — measured aff

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  • Homebuyers seek independent research, but still want a real estate agent

    Homebuyers seek independent research, but still want a real estate agent,Brooklee Han

    From business practice changes, to a slowing housing market, to rapidly advancing technology, real estate agents have had to adapt quite a bit over the past few years. Still, homebuyers find them more important than ever. Data from Cotality shows that while more than 500,000 agents have entered the

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  • Powell’s Jackson Hole speech stirs cautious optimism for housing

    Powell’s Jackson Hole speech stirs cautious optimism for housing,Flávia Furlan Nunes

    Federal Reserve Chair Jerome Powell’s speech on Friday at the Jackson Hole Economic Symposium left real estate and mortgage professionals cautiously optimistic. While expectations are building for lower interest rates, volatility remains a concern. In his final address as Fed chair at the Federal Re

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  • Boca Raton board approves Batmasians’ project near Mizner Park

    Boca Raton board approves Batmasians’ project near Mizner Park,Erik Bojnansky

    Boca Raton’s Planning & Zoning Board voted in favor of developers James and Marta Batmasian’s proposal to build a mixed-use hotel near the Mizner Park shopping and entertainment district. Despite pleas from downtown area condo residents, the board voted 5 to 1 on Thursday to recommend parking space

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  • USDA is automating its loan application uploading

    USDA is automating its loan application uploading,Sarah Wolak

    The U.S. Department of Agriculture (USDA) announced this week that it has awarded technology services firm Phoenixteam a $49 million contract to modernize its mortgage underwriting platform, the Guaranteed Underwriting System (GUS). The Arlington, V.A.-based company will overhaul GUS, which supports

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  • Mortgage rates hit year-to-date lows after Powell comments

    Mortgage rates hit year-to-date lows after Powell comments,Logan Mohtashami

    We’ve reached fresh new year-to-date lows in mortgage rates after Jerome Powell, speaking at the Jackson Hole Economic Summit on Friday, suggested that the labor market may be more important than inflation for the time being. If only someone had been saying that for a few years! All jokes aside, mor

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  • South Florida residential sales volume drops 10% in July

    South Florida residential sales volume drops 10% in July,Kate Hinsche

    South Florida’s residential market continued its months-long slowdown in July. Dollar volume in Miami-Dade, Broward and Palm Beach counties dropped 10 percent to $4.5 billion, down from $5 billion last July, according to Multiple Listing Service data collected by the Miami Association of Realtors. M

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  • Oren Alexander hires Diddy’s “dream team” lawyers for federal sex trafficking defense

    Oren Alexander hires Diddy’s “dream team” lawyers for federal sex trafficking defense,Ellen Cranley, Katherine Kallergis, Sheridan Wall

    Oren Alexander has hired two new criminal defense attorneys fresh off the case of Sean “Diddy” Combs.   The disgraced real estate broker tapped Marc Agnifilo and Teny Geragos, who defended the hip hop mogul, along with attorney Zach Intrater, to represent him in his upcoming sex trafficking trial. O

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  • Redfin: Home purchase cancellations hit 8-year high

    Redfin: Home purchase cancellations hit 8-year high,Jonathan Delozier

    Nearly 58,000 U.S. home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract during the month, according to a Redfin analysis of MLS data. That marks the highest July cancellation rate since the company began tracking the metric in 2017 — and up from 14.5% a ye

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  • Milestone buys 206-unit apartment complex near Boynton Beach for $46M 

    Milestone buys 206-unit apartment complex near Boynton Beach for $46M ,Lidia Dinkova

    The Milestone Group bought a 206-unit apartment complex near Boynton Beach for $46.4 million, marking an uptick in South Florida multifamily investment sales.  Dallas-based Milestone bought the Casa Brera at Toscana Isles at 4725 Via Bari in unincorporated Palm Beach County from Ramsey, New Jersey-b

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  • Developer advances 173-unit condo project in Hallandale Beach

    Developer advances 173-unit condo project in Hallandale Beach,Mike Seemuth

    Developer Alejandro Chaberman advanced plans to build Blue Park, an eight-story condominium with 173 units in Hallandale Beach, one of several projects he has launched in the city. The Hallandale Beach City Commission voted unanimously Tuesday to approve a site plan for Blue Park and rezone, on seco

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