President Donald Trump fired Federal Reserve Governor Lisa Cook Monday evening after calling for her resignation last week over allegations of mortgage fraud. The move further consolidates Trump’s power at the Fed, which has traditionally been an independent organization shielded from overtly politi

When Rishard Rameez, co-founder and CEO of Canadian-based real estate brokerage Zown, bought and sold a home within the same year, the inefficiencies of the process left him frustrated. “I couldn’t wrap my head around the fact that I had to pay [almost] all of my down payment towards covering the re

Developer David Martin is now involved in Michael Stern’s planned luxury condo tower in Miami Beach, sources told The Real Deal.  State records show that in late July, Martin’s name and Terra’s address were added to LLCs that are tied to the planned project. JDS Pulse, an anonymous blog that Stern s

On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis poin

Hamilton Development plans to replace a Baptist Health South Florida office building with a 113,900-square-foot warehouse complex.   The Nashville-based firm bought the property at 14100 Southwest 136th Street in unincorporated Miami-Dade County from Baptist Health for $12.3 million, according to re

Fannie Mae‘s latest Mortgage Lender Sentiment Survey points to a growing trend of lenders that want to make the mortgage process and its various components as efficient as possible. In 2025, lenders ranked streamlined business processes, reduced costs and consumer-facing technology as their leading

The nation’s top brokerage by transaction side count continues to expand. On Monday, eXp Realty announced that it was welcoming back San Antonio-based The Victorica Group.  The group was formed at eXp, but went on to briefly operate as an independent brokerage. It ultimately decided to return to eXp

A Miami businessman sold a waterfront North Bay Village home for $12.5 million, marking one of the most expensive homes ever sold in the island community. Records show Lavender Diamond Group, managed by Silvio Galvez Sr., sold the home at 7520 West Treasure Drive to a Florida entity named for the ad

The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop.  As a group, they posted $1.2 billion in originations in Q2 2025, compared to $1 billion in the first quarter. Executives pointed to strong

A trust in the name of Solly Azar, who is credited with inventing the wholesale insurance brokerage concept, secured a buyer for a Bal Harbour condo asking nearly $36 million.  Buyers, for the third week in a row, signed nine contracts between Aug. 18 and Aug. 24, according to the latest Eklund-Gome

Realtor.com is welcoming a new executive to its C-suite. On Monday, the company announced that it had appointed Janakiraman Karthikeyan as its new chief technology officer. This role will see Karthikeyan lead Realtor.com’s technology strategy as the company looks to achieve its long-term growth goal

New home sales followed the existing home sales market by beating sales estimates and having positive revisions in today’s report, which suggests that we are already seeing some benefits of lower mortgage rates. While it’s not a spectacular number by any means, if mortgage rates can get toward 6% an

Top-producing residential real estate team Schemmel Soda Group has left Premier Sotheby’s International Realty to join Douglas Elliman’s Sarasota, Florida, office. The group is led by cofounders Joel Schemmel and Donna Soda, along with agents Sharon Chiodi and Patti Tebo. Marketing Director Katie Ku

To continue its goal of national expansion, Evergreen Home Loans announced on Monday that it has entered 11 new states: Texas, Florida, South Carolina, North Carolina, Wyoming, Nebraska, Tennessee, Pennsylvania, Georgia, Ohio and New Mexico. To support this growth, the Bellevue, Washington-based com

Amazónico | Miami  A famous jungle-themed restaurant with outposts in Dubai, London, Madrid and Monte Carlo will open its first U.S. outpost in Miami’s Brickell.  Amazónico leased about 40,000 square feet on three floors at the 800 Brickell office tower at 800 Brickell Avenue, according to Babak Ebr

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

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.

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

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

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