Luxury is an experience not a price point
How much are Southwest's new assigned seats? It depends

Southwest put its first-ever assigned seats on sale this week, ending more than half a century of open seating.
Read MoreWhy a rumor on social media caused a drop in summer trips to Japan

Visitor interest in Japan plunged in June, amid a prophecy in a manga that predicts a "disaster" would strike Japan in July 2025.
Read MoreTrump meets with big bank CEOs to talk about taking the GSEs public: Bloomberg

President Donald Trump appears to be taking another step to bring Fannie Mae and Freddie Mac out of conservatorship, according to reporting by Bloomberg on Thursday. The president has invited the leaders of some of the country’s biggest banks, including JP Morgan Chase CEO Jamie Dimon, Goldman Sachs
Read MoreRocket returns to profitability in Q2, yields early benefits from Redfin deal

Rocket Companies, the parent of Rocket Mortgage, has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S. The company is now focusing on integrating the recently acquired real estate brokerage firm Redfin, which has al
Read MoreAgent count a bright spot for eXp in Q2 2025

The second quarter of 2025 may not have shaken out exactly as the leaders of eXp World Holdings would have liked, but one bright spot was agent count at eXp Realty. Although agent count was down 5% annually to 82,704 agents, Q2 2025 marked the first time in a year that eXp recorded sequential quart
Read MoreConnecticut firms merge under Better Homes and Gardens Real Estate brand

Better Homes and Gardens Real Estate Gaetano Marra Homes and Better Homes and Gardens Real Estate Bannon & Hebert have merged operations — expanding their presence across Connecticut and consolidating under the Gaetano Marra Homes name. The merger brings together approximately 150 affiliated sales a
Read MoreRedfin integrates CubiCasa interactive floor plans

Redfin has partnered with CubiCasa to integrate interactive floor plans and virtual tours into its real estate listings. Redfin is the first major home search platform to adopt CubiCasa’s interactive media directly into listings, supporting a growing demand among buyers for visual tools that help to
Read MoreNewly minted AI billionaire Daniel Nadler drops $38M on Surf Club Four Seasons PH

Just weeks after officially joining the billionaires club, AI founder Daniel Nadler dropped $38.2 million on a fully furnished penthouse at Four Seasons Residences at the Surf Club. The purchase works out to a record $6,731 per square foot. Records show Nadler bought penthouse 2 in the south tower a
Read MoreJohn L. Scott CEO unpacks AI strategies and MLS consolidation

On this week’s RealTrending podcast, host Tracey Velt welcomes Lennox Scott, CEO of John L. Scott Real Estate, a company with nearly a century of legacy and leadership. With close to five decades of industry experience, Scott brings deep insights into both the past and future of real estate. Their c
Read MoreMarius Fortelni lands $60M loan for Jupiter townhouse project

Marius Fortelni’s Forté Development landed a $60 million construction loan for his planned waterfront townhouse project in Jupiter. Kriss Capital, a New York-based lender helmed by Jody Kriss, is providing the loan, according to a press release. Michael, Jordan and David Horowitz of Cooper Horowitz
Read MoreLeadingRE adds Smartify Media for digital display technology

Smartify Media has been named an exclusive provider of digital display technology for Leading Real Estate Companies of the World (LeadingRE) and its global network of more than 550 real estate firms. Smartify, which was recently recognized as the 2025 Startup of the Year by the Advertising Club of N
Read MoreMortgage application payments declined in June, indicating improved affordability

Homebuyer affordability improved in June, as evidenced by the national median payment for purchase mortgage applicants decreasing to $2,172 — down from $2,211 in May. That’s according to the Mortgage Bankers Association (MBA)’s Purchase Applications Payment Index (PAPI), which measures how new month
Read MoreLPT Realty expands in southern California

Premier Property Partners founders Rich Johnson and Shirin Alipanah are joining LPT Realty — expanding its operations in San Diego and Palm Desert. Johnson, former owner and broker of San Diego Homes and Estates, and Alipanah, a former tech executive at Meta, bring decades of experience and a combin
Read MoreReal estate brokerage profit margins show signs of stabilization
Real estate brokerages may no longer be at the profitability peak they hit during the height of the pandemic housing market, but their margins are showing signs of stabilization after the market rapidly shifted in 2022 due to the interest rate hikes, according to data published by real estate broker
Read MoreAlex Sapir, partners re-list Miami Opportunity Zone site

Alex Sapir’s firm and its partners are re-listing their 1.5-acre assemblage in Miami’s Edgewater neighborhood. Real Estate Alert reported the property’s estimated value is $41 million. Alex Sapir said the asking price is closer to $50 million. An affiliate of Israel-based Sapir Corp., which owns rou
Read MoreAlex Sapir, partners re-list Miami Opportunity Zone site for $38M

Alex Sapir’s firm and its partners are re-listing their 1.5-acre assemblage in Miami’s Edgewater neighborhood for $38 million. An affiliate of Israel-based Sapir Corp., which owns roughly 40 percent of the partnership; CNMB International, a Chinese construction company; and Hong Kong-based G-Resour
Read MoreCabot expands South Florida portfolio, pays $39M for Pompano Beach warehouse

Cabot Properties bought a Pompano Beach distribution center for $38.7 million, expanding its industrial holdings in South Florida. An affiliate of Boston-based Cabot, led by CEO Franz Colloredo-Mansfeld, acquired Pompano Business Center II, a 136,985-square-foot facility at 3001 West Copans Road, re
Read MoreCondo closings underway at Two Roads, Alpha Blue’s Forté on Flagler in West Palm Beach

Two Roads Development and Alpha Blue Ventures have begun closings for their newly completed Forté on Flagler condo project in West Palm Beach. Records show the project at 1309 South Flagler Drive received its condo declaration earlier this summer, and closings began July 14. Flagler Residential LLC,
Read MoreSouth Florida by the numbers: Infrastructure and civic projects reshaping Miami

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. Miami’s current public infrastructure and civic amenity projects don’t just serve residents, they also signal long-term confidence in the market while knitting together publ
Read MoreSage Beach PH closing tops Broward weekly condo sales

Broward County’s condo sales and dollar volume dipped last week. Brokers closed 94 condo deals totaling $35 million from July 21 to July 27. That’s down from 106 condo sales totaling $35.3 million. Last week’s units sold for an average of $372,700, higher than the $333,098 average price from the pr
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