Luxury is an experience not a price point
Foreclosure auction volume rises 19% after VA moratorium expires

Foreclosure auction volume in the second quarter of 2025 increased 19% from the same period last year and reached a two-year high point, according to Auction.com‘s newest Auction Market Dispatch report that was released on Tuesday.The increase was largely driven a surge in foreclosures involving pro
Read MoreCalifornians report unraveling mortgage relief after the fires

In the wake of massive wildfires that destroyed 16,000 structures in Los Angeles County in January, hundreds of banks and mortgage companies agreed to let borrowers delay their monthly payments for 90 days, without demands for full repayment at the end of the forbearance period. Others simply pledge
Read MoreReality star Tyler Cameron joins Serhant’s Jupiter team

Former “Bachelorette” contestant Tyler Cameron is joining Serhant in the brokerage’s Jupiter office. He will be based in the office at 114 North Coastal Way, and will focus on the Jupiter and Hobe Sound markets, according to a press release. Cameron is a reality television star best known for appea
Read MoreHomebuilder Century Communities expands into Nevada

Century Communities Inc. — one of the largest homebuilders in the U.S. — will expand into Nevada for the first time through its Century Complete brand.New homes are planned at Ishani Ridge in Pahrump, Nevada, with sales expected to begin in August and prices starting in the range of $260,000.The new
Read MoreNWMLS launches voice-activated home search tool

The Northwest Multiple Listing Service (NWMLS) has launched a new bilingual, voice-activated home search tool designed to make real estate listings more accessible to a wider range of users, including people with disabilities.The platform — called Finding Homes — allows users to search listings usin
Read MoreWhere — and for whom — Trump’s higher SALT deduction cap has the most impact
The recently passed One Big Beautiful Bill Act (OBBBA) gave Americans a huge tax cut that critics say primarily benefits the wealthy. But the law contains a rare reversal from President Donald Trump on a key issue — the state and local tax (SALT) deduction.What the deduction does is all in the name.
Read MoreCanero alleges former partner, Justin Rundle, tried to subvert control of Miami-Dade projects

Justin Rundle allegedly crossed ethical lines set by the Florida Bar when he partnered with Jose Canero Jr. and Jose Canero Sr. on a slate of planned developments across Miami-Dade County, according to a recent court filing by Canero Group’s principals. Rundle, a Miami-based lawyer who is the son o
Read MoreCalifornia creates office dedicated to housing, homelessness issues

In a move to overhaul how California manages its housing and homelessness response, Gov. Gavin Newsom has proposed to divide the state’s Business, Consumer Services and Housing Agency into two distinct entities — the California Housing and Homelessness Agency (CHHA) and the Business and Consumer Ser
Read MoreHas the real estate portal landscape changed after all the M&A?

At first glance, the real estate portal landscape looks much like it did a year ago. The same power players, the same products, the same strategies — at least on the surface.“My initial snarky reply is that the space hasn’t changed,” Mike DelPrete, a real estate industry technology strategist, said.
Read MoreTidalwave announces new hires to lead mortgage technology sales

Tidalwave, a mortgage technology startup that’s integrated with Fannie Mae and Freddie Mac, announced Monday that it has hired a pair of industry veterans to bolster its sales team.John Stephenson has joined Tidalwave as its head of national sales, while Frank Pastirchak is the company’s new account
Read MoreLVMH-backed investor group takes 20% stake in private jet company Flexjet

The deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.
Read MoreAlhambra office complex in Coral Gables hits market with target price of $125M

DWS Group’s two-building office complex in Coral Gables hit the market with a target price of about $125 million, The Real Deal has learned. The listing follows the German asset manager and one of its subsidiaries selling a pair of office properties in downtown Fort Lauderdale earlier this year. D
Read MoreRocket lays off 2% of workforce after closing Redfin acquisition

Detroit-based Rocket Companies confirmed a company-wide layoff on Friday, just weeks after completing its $1.75 billion all-stock acquisition of real estate brokerage Redfin. The cuts affected roughly 2% of the firm’s workforce.“Following the Redfin acquisition, we carefully reviewed our combined st
Read MoreTwo Idaho brokerages, agents named in RICO suit

Real estate agents at two Bonner County, Idaho-based brokerages are facing charges of breaching fiduciary duty and engaging in a racketeering scheme with developers to sell defective homes. The suit was filed on Friday in U.S. District Court in Boise by plaintiffs David and Linda Wittwer, The Wittwe
Read MoreSlowest week of the year: Luxe resi contracts plummet in Miami-Dade

Last week was the slowest this year, as buyers signed contracts for just four luxury properties in Miami-Dade County. A condo at Turnberry Ocean Club marked the priciest deal signed between July 14 and July 20, according to the latest Eklund-Gomes report, which tracks listings of homes and condos a
Read MoreLease roundup: Doronin’s OKO opening Wynwood office, PwC moving to Boca Raton

OKO Group | Miami Billionaire developer Vlad Doronin’s OKO Group plans an office at the Wynwood Plaza mixed-use development. OKO Group leased 25,200 square feet at 95 Northwest 29th Street in Miami’s Wynwood neighborhood, according to a Cushman & Wakefield second quarter office report. JLL’s secon
Read MoreSouthwest Airlines sets a date for seat assignment launch, lays out new boarding order

Southwest plans to start flying with seat assignments on Jan. 27, ending more than half a century of open seating.
Read MoreEx-Univision CEO Wade Davis sells Hibiscus Island mansion for $32M

A trust linked to Wade Davis, the former CEO of Univision, sold a waterfront Hibiscus Island mansion in Miami Beach for $31.8 million, The Real Deal has learned. The home at 370 South Hibiscus Drive sold eight months after it hit the market for $37.5 million, listing agent Liz Hogan of Compass confi
Read MoreDeveloper Donald Soffer, who founded Aventura, dies at 92

South Florida developer Donald Soffer, a powerful figure who founded Aventura, died on Sunday at the age of 92, following a brief illness. Soffer, born in Duquesne, Pennsylvania on Sept. 20, 1932, bought 785 acres of mostly swampland, which became Aventura, in the late 1960s with partner Arthur G.
Read MoreThe Weekly Dirt: Battle for condo rights heats up post-Surfside collapse

Condo owners are waging a fight against the powers that be. Two ongoing legal fights underscore the precarious nature of fighting back against boards or authorities that act on behalf of condo buildings. In one situation, a group of eight holdout owners at an aging, and now vacant, condo building
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