AI, real estate and finding a home
Andy Woolley for Homes.com Beyond the Risks: What Thoughtfully Designed AI Can Bring Real Estate “The industry’s inventory of homes for sale does not simply appear in a database. It is created, curated, and continuously maintained through the work of real estate professionals, and well-designed AI h
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TruAmerica Buys Dunwoody Apartments At Discount: The Atlanta Deal Sheet
Clark Ventures sold off the property for an undisclosed sum.
Pre-Foreclosure Leads Are Up 15% to 20%: How to Reach Homeowners Before the Notice Hits
Most agents wait for a notice of default before they call a homeowner in trouble. By then the bank has started the foreclosure process and every other agent has the same list. Pre-foreclosures are up 15% to 20% in many areas, but the better opportunity may be earlier. In our latest post, we break do
Non-QM’s growth story is just getting started, industry pros say
Non-qualified mortgage lending has defied downward trends during a challenging rate environment The post Non-QM’s growth story is just getting started, industry pros say appeared first on Scotsman Guide.
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Owner Of Nearly 1,900-Unit Chicago Property Hit With Investor Lawsuit
A venture of Antheus Capital is facing legal action over claims it breached a contract with one it its investors.
Beazer Homes stockholders approve $2.2B sale to Dream Finders
The all-cash deal is now expected to close on October 20
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Brookfield Veteran Departs To Become Pretium's Global Real Estate Lead
Christopher Reilly left Brookfield for Pretium to head its debt and equity business.
Senators urge FTC to examine ‘deceptive’ real estate practices
Democrats Booker and Warren sent a letter to the FTC chair warning that some industry practices may harm consumers and exacerbate the affordability crisis.
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Lenders Accuse Nord Group Entities Of Pocketing Rents, Faking Insurance As Multifamily Empire Crumbles
A federal judge told a Nord Group affiliate to “get out of the damn property” as the firm’s 4,000-unit portfolio falls to foreclosure and bankruptcy.
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Hospital Construction Costs Are Climbing. Atlanta's Healthcare Systems Keep Building
The growing aging population in the U.S. is forcing healthcare systems to rely more heavily on outpatient care, driving a need to build more facilities.
Inside the $12.5 Million Colorado Estate With a Hidden Mountainside Car Gallery and a Hydraulic Elevator
Explore a Colorado estate featuring a subterranean 10-car gallery, Pikes Peak views, a heated treehouse, and Castle Pines golf access.
Owners Are Drowning in Jobsite Data and Still Guessing at the Schedule
Construction reality capture creates vast jobsite data, but owners need schedule-linked insights to make faster, defensible project decisions. The post Owners Are Drowning in Jobsite Data and Still Guessing at the Schedule appeared first on Propmodo.
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129 Units Approved On Former Home Of Local Newspaper In Philly Suburb
The redevelopment of the Burlington County Times' former home is the largest housing development planned in Willingboro, New Jersey.
Class B Office Visitation Settles Into New Normal at 72% of Pre-Pandemic Levels
Class B office visitation in New York City stabilizes at 72% of pre-pandemic levels, with sharp divergence between well-positioned buildings and struggling assets. The post Class B Office Visitation Settles Into New Normal at 72% of Pre-Pandemic Levels appeared first on Propmodo.
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JPMorgan's Chicago Office Renovation Costing Bank Over $800M, Dimon Says
JPMorgan announced the renovation in February 2024, but at the time, it declined to disclose a full cost estimate for the major overhaul of the building.
Homebuilder D.R. Horton Signs Robotics Deal for Factory Production
D.R. Horton, the country's largest homebuilder, announced that it signed a multiyear deal with Canadian robotics firm Promise Robotics.
Bloomberg Philanthropies Will Fund Homebuilding Reforms in 30 Cities
Michael Bloomberg's philanthropic organization is bringing funding to 30 cities in hopes of speeding homebuilding reforms.
EXCLUSIVE: HGTV Star Alison Victoria Takes Aim at ‘Boring’ Las Vegas Homes With a Radical New Design Trend
The "Sin City Rehab" star predicts nontraditional kitchens are the future of home design in Las Vegas and beyond.
Investment Firm Garnett Station Partners Expands to 35K SF at 450 Park Avenue
Garnett Station Partners, a New York-based private equity investment firm and alternative asset manager, is expanding its office footprint in Midtown Manhattan, Commercial Observer has learned. Garnett has signed an 11.5-year lease to expand its footprint by 10,392 square feet on the entire seventh
Surging jobsite raids put 370,000 new home completions at risk
Census data show 256,000 homes under construction and 114,000 not started, as builders push for year end completions
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'Something Has To Give': NYC Economic Development Corp.'s Big Ambitions Collide With Red Ink
Decades of stalled projects and a dwindling asset pile cloud the city's ambitions to use the NYC Economic Development Corp. as a tool for economic justice.
Homa raises $5M to expand across California, add mortgage lending
The brokerage, also live in Florida and Texas, offers buyers up to 2% of the purchase price back at closing
With rates sky-high, mortgages drag down banks' earnings
High mortgage rates aren't just a problem for homebuyers. As the loans grew more expensive, many banks reported that mortgages were a drag on their third-quarter financial performance.
Kanye West Ordered To Pay Additional $181K in Lawsuit Tied to Gut Renovation of Former Malibu Mansion
Tony Saxon, a record collector who was not a licensed contractor, claims to have sustained severe injuries during the gut renovation.
Related Urban Secures $129M Financing for Downtown Miami Project
Related Urban Development Group said Thursday that it has arranged $129 million in financing for Gallery Lummus Parc, a 257-unit transit-oriented development in Downtown Miami. Greystone Real Estate Capital said it’s providing $80 million in construction financing and identified a $60 million perman
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Los Angeles Trials Its Own Vacant To Vibrant Program
The program is getting started with $500K from a grant program.
Build-to-rent communities now eligible for FHA financing
The Department of Housing and Urban Development gave these property owners the ability to receive FHA-insured financing through two multifamily programs.
Ginnie growth points to lender reliance on government loans
The securitization guarantor, which supports programs aiding first-time home buyers, veterans and rural communities, now has an over $3 trillion portfolio.
Mortgage industry reacts to Pulte’s absence at MBA Annual
MBA said 3,700 attendees still gathered in Chicago as FHFA director cited travel tied to housing funds
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Steel Product Manufacturer Starts $100M Houston-Area Expansion
Race Rock is building a $100M site in Brookshire, creating 500 jobs for critical infrastructure products.
MLSs race to set AI guardrails before data slips beyond their control
As agents feed large MLS datasets into LLMs for CMAs, MLSs weigh closed-loop tools and new governance layers
Fall rental deals are still out there, but demand is rising
Rental demand is up 19.2% from a year ago as buyers priced out by mortgage rates join the market.
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Howard Hughes Texas President Jim Carman To Step Down
Jim Carman of Howard Hughes Communities is moving to an advisory role in a company realignment.
Senators Call For FTC Investigation Into Alleged Anti-Competitive Practices in Homebuying
Just two months after the Federal Trade Commission (FTC) settled its lawsuit with Zillow and Redfin over the two portals’ alleged anti-competitive agreement, two U.S. Senators have issued a new letter petitioning the organization to take aim at alleged anti-competitive practices on the home-buying s
Union Investment Sells Meatpacking District Retail Condo for $27M
A high-profile retail space in Manhattan’s Meatpacking District has traded. Union Investment Real Estate, a Germany-based real estate investment manager, sold a retail condo unit at the base of the mixed-use 415 West 13th Street for $26.5 million, according to city records made public Wednesday. The
BridgeCity Lends $84M on Midtown East Office-to-Resi Conversion
CSC Real Estate has landed $83.5 million of acquisition and construction financing to reposition a Midtown East office property into luxury apartments, Commercial Observer has learned. BridgeCity Capital provided the loan for CSC’s planned 136-unit project at 136 East 57th Street in a deal that clos
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Plano Voters To Decide On New Taxes Tied To Dallas Stars' $3B Sports And Entertainment District
Plano voters could approve new taxes on car rentals, hotel rooms, event parking, tickets and other venue activities to help finance the Dallas Stars' new arena.
News Outlet Semafor Takes 12K SF at 495 Broadway
The news never sleeps, and journalists want a comfy space to do their critical work. Digital news organization Semafor has inked a 12,000-square-foot lease at WB Property Group’s 495 Broadway just off Broome Street in SoHo, tenant broker Okada & Company confirmed to Commercial Observer. The lease w
Another Big Improvement to Another 3 Week Low
Mortgage rates dropped again today, and at a much faster pace than yesterday's decline. Top tier 30yr fixed rates are now down to 7.33% for the average lender, a drop of more than 0.25% from the long-term highs seen just last week. There are a lot of moving parts behind the scenes so let's focus on
Exciting Times, But Don't Get Too Excited
Exciting Times, But Don't Get Too Excited There's no question that the past 5 days have been the best 5 days that we've seen in a long time in terms of direction movement in rates. They're made all the more miraculous because the past 2 days included much hi
AI Platform Fuel Cycle Takes Office Space at GFP’s 630 Ninth Avenue
GFP Real Estate’s 630 Ninth Avenue has a new office tenant. Fuel Cycle, an artificial intelligence-powered platform that helps businesses gather consumer insights and conduct market research, has signed a new lease for 3,354 square feet on the seventh floor of the office property, also known as the
The Plaza Hotel Is Closing for 4 Years—Here’s What That Means for Its Condo Residents
The iconic New York City landmark is shuttering for renovations, raising questions about what that means for its condo residents.
Real estate investors pull back from home purchases in Q2
Investor home purchases fell by 22% year over year in the second quarter — but still accounted for more than one-quarter of all homes sold The post Real estate investors pull back from home purchases in Q2 appeared first on Scotsman Guide.
PNC Bank Inks 4K-SF Retail Lease at 312 West 43rd Street
Residents at the Ellery, a mixed-use residential development in Manhattan’s Hell’s Kitchen neighborhood, are getting another retailer at the base of their 33-story home. PNC Bank has signed a 3,500-square-foot retail lease at the base of the property at 312 West 43rd Street, according to co-develop
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BXP Lands Equity Partner For Madison Avenue Office Project
BXP has found an equity partner for its under-development trophy office in Midtown Manhattan.
What midterms could mean for Realtors and the housing market
Data points to close races to determine razor thin Senate and House majorities
Mortgage rates fall amid AI concerns — despite rising inflation
An artificial intelligence stock selloff spooked many investors late this week, pushing some to embrace 10-year Treasury bonds as 30-year mortgage rates dipped.
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Apartment Rent Declines Slowing, Demand Rising As Renter Pool Expands
More households are choosing to rent, with overall rental demand up more than 19% year-over-year and single-family rental demand rising 21.6%
Prologis Expects More Development, Acquisitions as Industrial Recovery Grows
Prologis executives told investors Thursday the company anticipates putting more shovels in the ground and buying more property after the third quarter of 2026, but also warned that higher interest rates could slow transaction activity. The world’s largest warehouse landlord signed 60 million square
Will home equity investments take flight once their regulatory status is resolved?
With the MBA forecasting mortgage volume below $2 trillion in 2027, Point is framing HEIs as a viable business alternative
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Landsec Shops For More Bluewater: The London Deal Sheet
Landsec acquired 10% more of Bluewater, raising ownership to 74%, as it targets a £1B investment in shopping centres.
New-home sales dip shows need to focus on revenue streams
Rising rates drove applications for new-home purchases down 8%, with sales and lending now both below last year's pace, the Mortgage Bankers Association said.
‘A Chilling Effect’: Rates Linger at Near Three-Year High
Mortgage rates held steady this week, remaining unchanged from last week but still lingering at a near three-year high–a level one economist says is having a “chilling effect” on the housing market. The latest Freddie Mac Primary Mortgage Market Survey® released Thursday shows the average 30-year f
Cushman & Wakefield Hires CBRE’s Doug Middleton as Head of Capital Markets
Doug Middleton and Jack Stillwagon have left CBRE for one of its global competitors. Middleton has joined Cushman & Wakefield to lead its institutional capital markets business in New York City while Stillwagon will serve as executive managing director. Both Middleton and Stillwagon start in their n
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Why Boston Has One Of The Nation's Hottest Retail Markets
Boston's retail market has reached a 20-year low in construction, but demand remains high, giving landlords the upper hand.
A ‘Trump Bump’ to Social Security Is Coming in 2027—With a Catch
The COLA is meant to help consumers adjust to inflation—but is it enough?
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Prologis Warns Higher Borrowing Costs Will Slow Industrial Deals, Development
Management at the industrial giant said elevated and volatile debt costs were widening bid-ask spreads and making new construction unprofitable.
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After Rig Collapse, Citadel HQ Project Resumes With Safety Protocol Update
Citadel's contractor, Keller North America, obtained approval for new safety protocols following a September rig collapse that sent four people to the hospital.
Supreme Court Leaves New York City’s SoHo/NoHo Arts Fee in Place
The U.S. Supreme Court declined to hear a challenge to a New York City law that requires certain property owners to pay a substantial fee to convert their properties to unrestricted residential use. NAHB filed a brief urging the Supreme Court to review the case.
Manufactured housing gets a federal boost, but barriers remain
Legislation designed to expand manufactured housing supply faces a variety of challenges at the national, state and local levels The post Manufactured housing gets a federal boost, but barriers remain appeared first on Scotsman Guide.
Five Terms Buyers Must Discuss With You Before Signing
New 2026 research suggests that written buyer agreements have made fees and representation more visible, but commissions themselves have not necessarily fallen. A Zillow survey of 366 U.S. real estate agents found that 89% believe written agreements outlining compensation and services benefit buyers
Local Investors Step Into D.C. Office Bargains as Institutions Retreat
Smaller investors are acquiring D.C. offices at steep discounts as institutional owners exit the market, planning renovations to capture tenant demand. The post Local Investors Step Into D.C. Office Bargains as Institutions Retreat appeared first on Propmodo.
Michael Douglas Details His Journey From Humble NYC Apartment to Lavish 190-Acre Mallorca Estate
The famed actor recalls the impactful places he's resided in since he was a child splitting time between New York and Los Angeles.
Another inflation report just flashed warning signs
PPI inflation comes in hot, putting further pressure on the Fed ahead of the midterms The post Another inflation report just flashed warning signs appeared first on Scotsman Guide.
Pending Sales Bottom Out as Mortgage Rates Return to 7% Range
The Iran War continues to weigh heavily on the economy and the housing market, with mortgage rates returning to the 7% range as inflation remains elevated. With rates now peaked at nearly a three-year high, a new report from Redfin found that housing affordability is once again being eroded and home
New American Funding adds Mullinix Mortgage Group
Mullinix ranked No. 32 on HousingWire’s Top Purchase Originators list with $197.2 million across 355 units
Did mortgage rates just peak or is this some bond market madness?
In the last 48 hours, we got two very hot inflation reports, positive retail sales, rising oil prices and historically low jobless claims
DIY for AI: How One Team Leader Snowballed Data and Trust Into ChatGPT Referrals
Editor’s note: This is the third of a three-part series on how agents earn recommendations and referrals from AI. Read part one here and part two here. When a prospective buyer or seller asks someone they trust to recommend a real estate agent, you want your name to be the first one mentioned. What
Coldwell Banker Expands Global Presence With Korea Launch
Coldwell Banker Real Estate has announced the launch of master franchises Coldwell Banker Korea and Coldwell Banker Commercial Korea, expanding the brand’s international presence. The companies will be led by CEO Myoung-Sik Kim. Based in Seoul’s Gangnam district, Coldwell Banker Korea and Coldwell B
Where AI can help brokers find revenue when new deals are scarce
Pentiv executives say productivity beats faster origination, with technology that strengthens mortgage professionals
Rethinking the Agent Team Concept
The classic idiom, “there is no ‘I’ in team” isn’t part of Phil Sexton’s philosophy. In fact, on his team, the “I”—the individual agent—is everything. Launching his Scottsdale, Arizona-based HomeSmart NEXT team earlier this year, Sexton drew upon his 20 years of technology and real estate experience
Op-Ed: AI Will Deliver Maximum Exposure. The Aggregators Won’t Survive It
The environment I’m mini golfing with my kids on a day off when a request comes in from one of my agents. She needs market data to present to a client. After 20 years in this business, I know where the market stands. Years ago, a presentation this big would have taken me hours to… The post Op-Ed: AI
Mortgage rates flat this week, but prepare for uncertainty
With how investors are reacting to inflation news and its impact on stocks, it would not take much to move markets in either direction when it comes to rates.
Former X CEO Linda Yaccarino joins Better’s board
Appointment follows proxy fight that restored Vishal Garg’s influence
30-year mortgage rate holds at 7.40%
Seven weeks of rate climbs end at near a three-year high, while tumbling bond yields hint at near-term relief for US mortgage brokers
Colorado Federal Bank Lends $23M for Brooklyn Apartments at Former Event Space
Double U Development has sealed $23 million of construction financing to transform a former Brooklyn music and wedding venue into apartments, Commercial Observer has learned. Colorado Federal Bank supplied the loan for the developer’s 60-unit multifamily project at 144 Greenpoint Avenue in Brooklyn’
EQT Real Estate Acquires $16B Alternatives Investment Firm Stockbridge for $375M
EQT Real Estate, the commercial real estate subsidiary of Swedish private equity giant EQT AB, announced Thursday that it has acquired Stockbridge, a U.S. real estate investment firm with $16.5 billion in assets, for $375 million. The deal, which includes an option to pay out $175 million in perfo
HUD Layoffs Caused Delays and Confusion in Housing Programs, Independent Report Finds
Many of those who left were among its most experienced people, and many agencies that work with HUD say it's become harder to work with.
Rebecca Thomson to Lead Coldwell Banker’s Learning and Development
Coldwell Banker has announced the promotion of Rebecca Thomson to Vice President of Professional Development. She will now oversee the professional development and success of tens of thousands of real estate agents across Coldwell Banker Affiliates, Coldwell Banker Realty and Coldwell Banker Commerc
How Bad Property Data Can Lead to Bad AI Decisions
How bad property data can lead to unreliable AI insights and why accurate, current and AI-ready property data matters for better decisions. The post How Bad Property Data Can Lead to Bad AI Decisions appeared first on ATTOM.
Fintech Homa adds mortgage lending as AI competition heats up
The company, which completed full artificial intelligence closings earlier this year, claims to return up to 2% of the purchase price to some buyers.
Sustainability Innovation Equals Improved Building Performance: Forum
Watch the full video recap here. Commercial real estate executives have made the case for the practicality of implementing sustainability in their portfolios beyond just societal expectations. Commercial Observer on Wednesday hosted its virtual Sustainability Forum: The Cutting-Edge Innovations Tran
The real reason teams outperform solo agents: someone always answers
NAR reported median 2025 production of 9 sides for individual agents versus 32 for team-based agents, alongside major coverage differences
Mortgage Rates Hold Steady at 3-Year High as Bond Market Stabilizes
The average rate on 30-year fixed mortgages held steady at 7.4% for the week ending Oct. 15, same as last week.
Co-living apartments X Denver in receivership after $170M default
A Denver apartment complex with co-living units is under the control of a court-appointed receiver after its owner defaulted on a $170 million loan. Denver District Court Judge Heidi Kutcher appointed Dallas-based Trigild IVL as receiver for X Denver, a 455-unit property at 3000 and 3100 Inca Street
Housing Notes: New home prices beat existing stock as consumers procrastinate
Existing homes’ sale prices beat new home sale prices Since Q2 2024, US existing home prices have exceeded new home prices in six of the past nine quarters. Since third-quarter releases won’t be out until later this month, I am relying on second-quarter data. The median sale price for existing homes
NRMLA asks DC Council to expand reverse mortgage fee exemption
Trade group cites TILA and Regulation Z, says exemption should cover proprietary products available to borrowers under 62
Borrower Intelligence, Margin Mgt Tools; MBA and Affordability; FASB Servicing Proposal; DSCR Interview
“My coworker asked me how I’m doing this morning. Yet another third party trying to steal my data!” Data travels at the speed of light. Mickey D’s is reportedly using artificial intelligence to “dynamically” price its burgers. Imagine a lender trying that! AI filled the exhibition hall at the MBA’s
Wells Fargo holds foreclosure as estate runs out of defenses
A missed deadline, a standing fight, and an RPAPL 1304 lesson for servicers
New home mortgage applications fell 8% in September as rates rose
Builder Application Survey data also shows a 12% drop in estimated sales to a 584,000 annual pace, the weakest since April 2020
Mortgage holder escapes liability for sidewalk slip and fall
The court drew a sharp line between holding a mortgage and controlling a property
A Car-Dealership Owner’s California Compound Sells for $82.6 Million
David Wilson listed the oceanfront Laguna Beach property for $112 million in July.
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High-Profile CBRE Chicago Exits Continue As 3 More Leave For Cushman & Wakefield
Cushman & Wakefield hired Peter Adamo and Adam Lawler as executive managing directors and Madeline Leland as transaction manager.
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Swedish Real Estate Giant To Buy Stockbridge For Up To $550M
Sweden-based EQT is using the transaction to expand its industrial holdings.
Attorney: Industry disappointed CFPB hasn't done more on LO comp, TRID
While the MBA is optimistic change is coming, Idziak is a little bit surprised it's not here yet
Industry disappointed CFPB hasn't done more on LO comp, TRID: attorney
While the MBA is optimistic change is coming, Idziak is a little bit surprised it's not here yet
Diminished homebuyer demand signals risk for lenders
There were an estimated 62.6% more home sellers than buyers in the housing market last month, the biggest gap since at least 2013, according to Redfin.
Meghan Markle Says ‘It’s Great to Be Back’ as She and Prince Harry Step Out Together for Major Milestone
The Duke and Duchess of Sussex, who relocated to the U.K. in August with their two children, took a trip to Nottingham together.
Entertainment Firm Fifth Season Grabs 5K SF at 115 West 27th Street
Lights, camera, (office) action! Fifth Season, a global media company that develops, finances, produces and distributes movies, television shows and documentaries, has signed a 5,000-square-foot lease at 115 West 27th Street in Manhattan’s Chelsea neighborhood, sources confirmed to Commercial Obser
Lenders skeptical as VantageScore shifts mortgage credit rules
Switching from FICO to VantageScore 4.0 faces real lender friction — and a long road before it becomes standard, a 44-year industry veteran warns
NAHREP CEO: Listing wars, MLS autonomy and collateral damage
As big industry players continue to fight over listing strategies, the most vulnerable consumers may get caught in the crosshairs, NAHREP CEO Gary Acosta says.
Your Listing Data Is Copyrighted. Start Acting Like It.
Nobody disputes that the raw facts of a transaction are not copyrightable. A house exists at an address. It sold for a price on a date. Those are facts, and facts belong to everyone. But an MLS listing is not a pile of facts. It is a curated work. An agent writes a property description that frames t
Asking prices fall for first time since March as rates hit 7.4%
US home sellers are cutting prices at a record rate as the mortgage market confronts demand near historic lows
Dylan Dreyer Confirms Divorce From Brian Fichera Is Final as Her Mom Moves In
Dreyer shared a glimpse at her new living situation, while confirming that she is "recently divorced" from her ex-husband, Brian Fichera.
Part 1: Current State of the Housing Market; Overview for mid-October 2026
This 2-part overview for mid-October provides a snapshot of the current housing market.
Rental demand is up 20% as high lending costs stifle the for-sale market
With the typical monthly payment for a new homeowner climbing nearly twice as fast as rent, more shoppers are turning to rentals.
Midterm Elections: 3 Ways Members Can Make a Difference on Nov. 3
Elected officials at all levels play a role in finding solutions to make housing more affordable. Here’s how NAHB members can make a difference this election cycle.
Mortgage Bankers Release Plan to Lower Borrowing Costs for Homebuyers
During MBA's annual convention in Chicago, the trade group released a wide-ranging roadmap to improving housing affordability.
What's Up With The Huge Paradoxical Rally?!
Core PPI was up 0.7 vs 0.3 forecast this morning. That's something that would normally send yields much higher. But everything is different this morning. Bonds rallied sharply in the overnight session and added a bit more to the gains after the 8:30am data. This is on top of yesterday's stunning com
New home sales hit weakest pace since 2020
September mortgage applications for new home purchases fell, with first-time buyers absorbing the heaviest rate impact
EXCLUSIVE: Tarek El Moussa and Heather Rae Slash Asking Price of Newport Beach Rental
Tarek and Heather purchased the coastal dwelling back in August 2020 for $3.1 million, and set about renovating the property.
Your Family Lives There. So Why Is New York Imposing a Pied-à-Terre Tax?
Across New York City, high-value real estate is commonly held through trusts and limited liability companies (LLCs), which serve important purposes, from estate planning to privacy and liability protection. Yet, many families are discovering that the ownership arrangements their advisers recommende
Power Availability Defining Most Coveted Locations in CRE
A surge in demand for artificial intelligence has transformed the importance of location in commercial real estate transactions. Markets with sufficient energy access and broadband connections coupled with the ability to quickly produce new power sources could gain advantages in attracting CRE inves
Pineapple Financial rebrands as Pentiv, launches US mortgage broker intelligence platform
The Canadian-based company hired former SoFi executive Usman Maher as it seeks growth in the U.S.
An alleged agent boycott revives antitrust questions the industry thought it had settled
The suit alleges threats to discourage showings because REX did not use the MLS or offer buyer broker compensation
Who gets to have 'good debt'? A sociologist, theologian, philosopher and other experts weigh in
Humans have debated the merits and morality of debt throughout history.
Housing Market Update: Asking Prices Fall For the First Time Since March
Pending home sales inched up this week, but they’re still near record lows. What to know about the U.S. housing market for the four weeks ending October 11: Home prices are losing momentum. The median U.S. home-sale price rose just 0.5% year over year, the slowest growth rate since March. The medi
Get to Know the Broker: Patrick Southern of Serhant
If you need a place in New Jersey, Serhant’s Patrick Southern is the agent you call. In 2025 alone, he closed 376 contracts in the state, mostly in Jersey City, just a stone’s throw from the bustling luxury residential market that is Manhattan. He’s a Jersey guy at heart, and wants to take the post
Scarcity, Privacy and Authenticity Are Luxury Development’s Calling Cards Now
The standard of luxury in residential real estate has traditionally been measured by what can be seen and counted: square footage, ceiling heights, the number of amenities, or the length of the services list. But today’s discerning buyers are increasingly drawn to the experiential qualities of a ho
A Housing Market “Recovery” Is Further Away Than We Thought
The housing market isn’t going back to “normal” anytime soon. In fact, it could take significantly longer than many of us thought. Rates are around 7.5%, median home prices hover […]
The Fierce Battle to Control How Americans Buy and Sell Their Homes
Mega-brokerage Compass is taking more listings offline, sparking backlash from rivals who say the practice is upending decades of market transparency.
Banks face liability over use of AI chatbots, report finds
Financial institutions that have replaced human customer-service agents with AI chatbots may be violating existing state and federal consumer-protection laws, if they provide inaccurate information that harms consumers, according to a new report by former regulators.
Fleeing High Rent in Major Cities? Why These ‘Affordable Refuge’ Metros Are Getting Pricier
Renters are willing to move to new metros to find an affordable place to live, turning up the heat on cities like St. Louis and Minneapolis.
Tour Big Bear Lake’s Most Expensive Listing: A $15 Million Mountain-Modern Waterfront Retreat
The massive estate features seven bedrooms and 1.63 private acres with rare lake frontage in the four-season vacation destination.
Inside Country Star Becca Bowen’s South Carolina Sanctuary Filled With Tributes to Dolly Parton and Her Grandpa
The country singer, who considers Dolly Parton and her grandfather to be her greatest inspirations, honors both in her Palmetto State abode.
The real test of AI in property management happens the moment a human steps in
AI adoption rose to 58%, operators now focus on escalation rules that protect resident trust
Before your borrower’s AI agent calls mine: Three questions mortgage servicers aren’t asking yet
Meta launched Muse on 09/08/2026, raising new questions on disclosure, authentication and delegated authority
3D Construction Printing Company Lands $1.4 Billion Valuation With Dual-Use Strategy
Icon Technology raises $200 million at a $1.4 billion valuation, scaling 3D construction printers for housing, military, and lunar projects. The post 3D Construction Printing Company Lands $1.4 Billion Valuation With Dual-Use Strategy appeared first on Propmodo.
Private Lenders Fuel Investor Rush Into Distressed Rust Belt Housing
Debt-service coverage ratio loans bypass traditional underwriting to fund investor acquisition and renovation of distressed single-family homes in Rust Belt cities. The post Private Lenders Fuel Investor Rush Into Distressed Rust Belt Housing appeared first on Propmodo.
What Fisher Brothers Learned Building AI Into a Portfolio With Legacy Systems
Fisher Brothers is transforming real estate with an AI lab focused on two-week sprints, legacy system integration, and scalable automation. The post What Fisher Brothers Learned Building AI Into a Portfolio With Legacy Systems appeared first on Propmodo.
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Space Race: How The Private Sector's Orbital Aspirations Are Driving CRE On Earth
Private funding of space exploration and development has ballooned, driving production-oriented real estate expansion.
Sellers Rank Outcomes Above Reviews: 6 Ways to Win More Listings
You walk into a listing appointment ready to talk about your sales volume and reviews, and the seller has already checked their home value in ChatGPT. New Realtor.com research suggests the old pitch may be missing what homeowners care about most. In our latest post, we break down six changes you can
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2 San Jose Multifamily Towers Change Hands For Combined $380M
A Kennedy Wilson JV bought One South Market, one of two downtown San Jose multifamily tower acquisitions for a combined $380M.
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Russell Galbut Axes 3 Miami Beach Live Local Act Projects
Opposition to the towers, which were trying to leverage the Live Local Act to supersede local zoning rules, has been vociferous.
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Foreclosure Suit Filed At Stalled Penn Plaza Life Sciences Project
Cannon Hill Capital Partners planned to develop a 156K SF lab and office building that never took off.
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Regulators Reject Proposed Rules For Data Centers On Nation's Largest Grid
FERC has rejected PJM's bring-your-own-capacity data center plan, raising uncertainty in the largest U.S. grid system, which has been under strain.
A Family Business Done Right: Peter and Mary Jo Hunt Join the Western New York Business Hall of Fame
Peter and Mary Jo Hunt will be inducted into the Western New York Business Hall of Fame at Buffalo Business First's 10th annual C-Level Awards and Hall of Fame ceremony on Wednesday, October 14, in the Golden Ballroom at The Statler Buffalo, honoring business leaders whose vision and accomplishments
Fannie Mae slashes origination forecast by 18% for 2027
The housing giant’s latest forecast shows mortgage rates at 7.5% through the end of next year The post Fannie Mae slashes origination forecast by 18% for 2027 appeared first on Scotsman Guide.
Appeals court sides with Ginnie Mae in Texas Capital Bank’s reverse mortgage lawsuit
The ruling is a signal to warehouse and DIP lenders that financing structures secured by HMBS-related tails may be vulnerable if Ginnie Mae exercises extinguishment remedies
Insurance Is Taking a Bigger Bite Out of Apartment Revenue
In 2019, a Louisiana apartment property financed in a commercial mortgage-backed securities or Freddie K-Series deal spent about $4.77 on insurance for every $100 of revenue it collected. By 2025, that figure was $9.42, and that is after premiums fell last year. The Louisiana example underscores the
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Chicago Office Tower Sells For $550M To Zara Founder In Blockbuster Deal
There have been only two larger full-building office trades nationwide in 2026, with Amancio Ortega's acquisition setting records in Chicago.
Kelly Ripa and Mark Consuelos Prepare Their Upper East Side Townhouse for a New Family Member
The married TV hosts are opening the doors of their $27 million New York City townhouse to a "new baby," a rescue dog named Javi.
Rising inflation drives requests for foreclosure advice
For servicers of all types of loans, the numbers might raise warnings about rising workloads in the months ahead, according to LegalShield.
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CIM Sells Back Bay Garage Once Planned For 20-Story Condo Tower
Motor Mart Garage sold to Related Beal, reportedly for well below its 2016 sale price, after a condo development proposal failed to move forward.
ARMs, non-QM are the 4Q opportunities, rate lock data shows
Non-qualified mortgage volume made up over 23% of September's locks, with $175 billion in total originations of these loans forecast for this year.
GSEs seek to support lenders with efficiencies as rate rise
Fannie Mae joins the Mortgage Bankers Association in predicting a volume drop in 2027. Freddie Mac says its digital capabilities can provide an upside, if used.
67 Million Americans Are Under a Power Grid Emergency: What This Means for Homeowners
An October heat spell and widespread power plant outages have pushed PJM into emergency operations across 13 states and Washington, DC.
Brooklyn Apartment Leasing Strongest Since 2020 for a September: Report
Apartments are filling up in Brooklyn. Leasing momentum in Brooklyn’s rental market increased 10 percent annually in September, as the borough notched its strongest September of apartment leasing activity since 2020 at 1,407 leases signed, according to data from the Corcoran Group. Manhattan, on t
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More Details Emerge On Grady's $1B South Fulton Hospital Plan
The hospital system is projecting an annual tax revenue contribution to Union City of up to $6.8M and 1,880 full-time workers.
Kylie Kelce Reveals Why She and Jason Refuse To Have a Live-In Nanny at Their Family Home
The couple, who share daughters have built a support system that allows them to balance their professional commitments with family life.
GSEs target income and occupancy to cut buyback risk
Mortgage giants are deploying tech to flag occupancy risk and income defects upfront
Housing’s factory-built future is taking shape
New-home construction has a productivity problem that some experts say The post Housing’s factory-built future is taking shape appeared first on Scotsman Guide.
Philadelphia’s Deed Fraud Cases Have Surged 15% This Year
Philadelphia has received 152 reports of deed fraud so far in 2026, almost matching the 159 reports filed by the end of the year in 2025.
AI can speed up permitting, but messy zoning data holds it back
Localities are turning to AI to fast-track permiting, but outdated or conflicting zoning text and maps still delay approvals
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Phoenix Apartment Concessions Are Luring Students Away From Campus Housing
Phoenix university housing faces challenges from surplus market-rate apartments offering incentives to students.
JPMorgan pumps up office presence in Philadelphia
JPMorgan Chase’s office ambitions are expanding beyond its gleaming tower at 270 Park Avenue in Manhattan. The bank signed a sublease to take 62,000 square feet at 2400 Market Street in Philadelphia, Bisnow reported. The bank is taking the space from Aramark, a food service company that has its bran
When real estate listing scarcity becomes the strategy, who benefits?
A Zillow survey cited 74% of Hispanic sellers and 73% of Black sellers were steered to private networks, versus 24% of white sellers
Help Us Understand What Industry Evolution Does to Your Wallet
Many people pursue real estate because it offers them independence, connections, a chance to build skills and help people achieve the dream of homeownership. But in the end, if you aren’t making a living, you won’t be able to pursue these goals, or any of the aspirations you have for your career. W
C-PACE Financing Can Be a Useful Part of a Data Center’s Capital Stack
The data center boom faces a financing challenge: Developers must fund not only the buildings themselves, but also the power, cooling and other infrastructure required to support increasingly energy-intensive computing. The International Energy Agency estimates that data centers consumed approximat
Japanese Restaurant Udon Shin to Open First NYC Restaurant at 37 West 17th Street
Udon Shin, a popular Japanese restaurant with only two other U.S. locations, is gearing up to open its first New York City eatery, Commercial Observer has learned. Udon Shin has signed a 10-year, 2,500-square-foot lease at 37 West 17th Street in Manhattan’s Flatiron District, according to tenant br
NAHB Supports Supplemental WOTUS Proposal, Calls for Clear Final Rule
NAHB submitted comments on Oct. 9 supporting the Trump administration’s September 2026 supplemental waters of the United States (WOTUS) proposal. The proposal creates a new framework for determining which waters and wetlands are federally regulated under the Clean Water Act.
Fed Interest Rate Hike Seems More Likely This Month After Alarming Inflation Data
Markets wasted no time pricing in the new inflation data, with investors raising the probability of a Fed rate hike in October to 35%.
Epic Round Trip as Rates Launch Higher Only to End Lower
You won't see too many days like today when it comes to mortgage rates and the underlying bond market that drives them. Bonds were eagerly awaiting this morning's Consumer Price Index (CPI), a key inflation report and an important source of guidance for the Fed rate outlook. Reminder: while t
Digital Communications Firm Next 15 Signs 6K-SF Lease at 78 Crosby Street
A U.K.-based digital communications firm has leased the third floor of a SoHo office building, Commercial Observer has learned. Next Fifteen Communications Group, also known as Next 15, signed a 6,350-square-foot lease at Milkystar’s 78 Crosby Street, the same building occupied by betting platform P
HGTV’S Charlie Kawas Opens Up About Sharing Cancer Treatment on ‘Botched Homes’: ‘It’s a Tough Place To Be In’
The TV host opened up about his goal to inspire others with his story, and the best tips for home renovations.
Prosecutors seek life in prison for Alexander brothers
Prosecutors are seeking life sentences for Oren, Alon and Tal Alexander, who were convicted of sex trafficking and related charges earlier this year. The recommendation came in a flurry of court filings posted Wednesday, less than two weeks before the brothers, two former star residential brokers a
Rate volatility keeps commercial real estate deals frozen in 2026
Commercial lending exec says the 10-year Treasury surge has made it almost impossible for assets to trade
Meeting Agent Needs in an Evolving Industry
Corey McCloskey President John R. Wood Properties Christie’s International Real Estate, a member of Leading Real Estate Companies of the World® Naples, Florida https://www.johnrwood.com/christies Region served: Southwest Florida Years in real estate: 23 Number of offices: 21 Number of agents: 900 Fa
MBA outlines the policy changes to lower housing costs
The Mortgage Bankers Association released a set of near-term administrative and regulatory recommendations at its annual convention in Chicago Wednesday.
HUD officials offer an action plan to spark FHA lending
At MBA Annual, Matt Jones and Joe Gormley touched on ways to move the needle in FHA single-family mortgage originations
Rechat appoints Audie Chamberlian as chief industry officer
Chamberlain will also launch the company's brand champions and creator program
The big interview: UWM’s Smith: Tough market will separate the strongest originators
As inflation continues to rise, MBA economists discuss where the market is headed in 2027
Appeals court backs Ginnie Mae over bank in HECM fight
Texas Capital Bank accused Ginnie of breaking the law in extinguishing its interest in mortgage collateral tied to bankruptcy financing for a lender in 2022.
Compass adds Google AI vet to board ‘at pivotal time’
Tech exec Sissie Hsiao joins the brokerage's board, while Lead Independent Director Charles Phillips has stepped down. Plus, ALTA installs new president.
Williams makes a rate call that Wall Street isn’t buying
New York Fed’s policymaker has a clear view on where the rate cycle ends — and futures traders have a different answer
Unframe Shares the Key to Successful AI Integration
In a recent AI case study webinar, Cushman & Wakefield CIO Colin Campbell spoke with Chris Slovak, CTO at Unframe, C&W’s partner in the firm’s recent AI transformation. Unframe is managed AI delivery platform that turns enterprise needs into tailored, production-ready AI solutions in days. Edward Co
Billy Crystal Reveals the One Item That Survived Devastating Fire at His L.A. Home of 46 Years
The actor lost his longtime Pacific Palisades residence in January 2025, when a series of fires swept through Southern California.
Ross Stores Takes 115K SF for West Coast Merchandising Hub
Discount retailer Ross Stores has signed a 115,000-square-foot lease in one of the largest recent office commitments in Downtown Los Angeles, Commercial Observer can first report. The company will relocate its West Coast merchandising hub from Downtown’s central business district to about 110,000 sq
Inflation report is more bad news for mortgage lenders
A shift in expectations regarding an October Fed rate hike could carry over into the mechanisms used to price mortgages, enhancing the pessimism in the market.
Consolidation Up Close: How eXp and NextHome Are Building for What’s Next
Above, from left: John Featherston, Leo Pareja, James Dwiggins. Photo by AJ Canaria. Consolidation has been one of the most talked about trends in real estate this year—and the conversation continued at RISMedia’s 38th Annual CEO & Leadership Exchange when Leo Pareja and James Dwiggins joined John F
Hot inflation report increases odds of October rate hike
Rising fuel costs drove up consumer prices, which are outpacing wage growth. That puts prospective homebuyers in a tough spot as mortgage rates remain at 7.5%.
Bank OZK Provides $133M Construction Loan for Culver City, Calif., Mixed-Use Project
The development firms behind a 344-unit mixed-use project set for Culver City, Calif., have secured $132.7 million in construction financing from Bank OZK. A joint venture of Lincoln Property Company and McCourt Partners said it will use the loan to build the six-story project, which will include 52
CBTS Technology Solutions Takes 4K SF at 1261 Broadway
CBTS Technology Solutions, a tech service provider, has inked a 3,612-square-foot lease at the Rosen family’s office property at 1261 Broadway, according to Koeppel Rosen, the landlord’s leasing and management agent. The tenant was represented by Charles T. Gerace II from JLL, while Max Koeppel, di
El Niño Storms Threaten To Turn Extravagant Halloween Decor Into Liabilities for Homeowners
Elaborate Halloween displays can make your home the talk of the town, but severe weather can quickly turn them into costly liabilities.
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Tire Titan Acquires 2M SF Illinois Distribution Facility In Deal For Its Decadelong Home
The tire titan picked up the property at 29900 S. Graaskamp Blvd. in Wilmington from a partnership between Silver Creek Development and GFH Partners.
Compass CEO defends private listings, says MLSs make homes look ‘damaged’
Reffkin said 43% of listings had a price drop history in September, and 6% were pulled off market
Escalation Clause Can Win Your Dream Home—but at a Cost
An escalation clause is a useful tool to stay in contention when buying a home, but revealing what you're willing to pay could backfire.
Terra Secures $184M Refi for New Tom Brady-Leased Office Near Miami
Terra has secured a $183.8 million loan to refinance a newly completed, wellness-focused office complex in Bay Harbor Islands, Fla., which counts Tom Brady’s family office as a tenant. The financing from Monroe Capital backs the 96,000-square-foot office component of the Well development, which was
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Brookdale Senior Living To Buy 30 Communities It Operates From Welltower For $290M
Brookdale Senior Living completed a series of transactions to advance its strategy of owning more of the real estate it operates.
Rithm Capital Closes $375M Securitization of Multifamily Loans
Rithm Capital continues to make moves. Michael Nierenberg’s $63 billion alternatives firm and publicly traded mortgage real estate investment trust announced Wednesday that Genesis Capital, its commercial real estate originations subsidiary, closed a $375 million securitization of U.S. multifamily l
When home insurance vanishes, can your mortgage survive?
Climate-driven insurance withdrawals are threatening mortgage access in high-risk markets – and industry insiders warn the worst is still ahead
Fannie Mae just dramatically upped its 2027 mortgage rate expectations
Brokers face a leaner 2027 as the mortgage giant’s new outlook slashes refinance volume and keeps borrowing costs above 7%
Buyers Turning to Adjustable Rate Mortgages to Lower Monthly Costs
As mortgage rates for traditional 30-year fixed-rate loans reached a near three-year high last week, buyers are increasingly turning to adjustable-rate mortgage (ARM) applications to reduce their monthly costs. Economists have watched the ARM share of overall applications climb to one-year high of 1
Lake Forest Bank Refis Queens IOS Site With $39M Loan
Sitex Group has secured a $39.4 million loan to refinance a Queens industrial outdoor storage (IOS) asset, Commercial Observer has learned. Lake Forest Bank & Trust Company supplied the loan for the 146,583 square-foot IOS property at 58-80 Borden Avenue in Maspeth. Sitex acquired the property from
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Rents Smash Expectations At GPE
Great Portland Estates exceeded its rental expectations with £19M in new leases as demand in London surged.
Here’s how much the seller-buyer gap has shifted in 2026
Rising housing inventory and retreating buyer demand have pushed seller surpluses to a record in 41 of the top 50 US metros
The Next Great Workplace Will Be Designed for Attention
The office today is filled with noise. Our attention is steadily given over to a barrage of notifications, messages, endless scrolls and side chats. We are conditioned to respond immediately, putting us in a state of perpetual distraction. And we’re becoming more distracted each year, three times mo
Pending home sales haven’t been this low in a dozen years
Pending home sales are down to a decade-long low A real-time indicator of home contracts revealed how much soaring mortgage rates are hampering the housing market. In September, pending home sales in the United States fell 4 percent from August on a seasonally adjusted basis and 8.6 percent year ove
Incentivizing Buyers: What It Takes for a Builder to Get a Deal Done
Editor’s note: This is part one of a two-part story on builder incentives. Part two will focus on what agents and brokers think about incentives, and how they guide buyers. These may be uncomfortable days for many buyers, with mortgage rates in the mid-7s and threatening to go higher if the Fed rais
Alexander Brothers’ Dark Secrets Exposed in Chilling New ‘Wolves of Real Estate’ Trailer
Peacock has unveiled a new trailer for its upcoming three-part docuseries, "The Wolves of Real Estate: The Alexander Brothers."
Brooklyn Nets, NY Liberty Holding Company Buys Three Training Facilities in Brooklyn
The Brooklyn Nets and New York Liberty have scored a three-pointer in the borough. The men’s and women’s professional basketball teams’ holding company, Brooklyn Sports & Entertainment, has acquired three new training facilities in Brooklyn — 100 Dobbin Street in Greenpoint, 53 Knickerbocker Avenue
Brookfield-Backed Castlelake Dives Into CRE CLO Market With $1.1B Deal
The asset manager, in which Brookfield Asset Management owns a 51% stake, is backing the CLO offering with loans secured by a 26-property portfolio.
Finance App Lucid Trading Signs 8K-SF Lease at 260 Spring Street
Lucid Trading, an app that lets users manage their trading accounts, has taken 8,263 square feet at 260 Spring Street in Manhattan’s SoHo neighborhood, according to tenant broker Douglas Elliman. The office lease was signed Oct. 1 with an asking rent of $85 per square foot. The length of the lease
Mortgage applications fall again as 30-year rate hits 7.5%
ARM demand climbs to its highest application share in a year as buyers face borrowing costs near three-year highs
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JLL Taps Mark Gibson For Newly Created U.S. CEO Role
Kevin MacKenzie will take over for Gibson as capital markets Americas CEO. The transition is set to take place on Jan. 1.
A Secret Celebrity Hideaway With a Sports Complex Near Joshua Tree Just Hit the Market for $2.95 Million
Inside Sun Via: A Yucca Valley compound near Joshua Tree featuring boutique resort amenities, custom finishes, and total privacy.
Saluda Grade invests $20M in manufactured housing lender Zippy
Investment will help Zippy expand its 27-state footprint
When AI makes a mistake, it’s the agent who pays the price
Brokerages should be proactive in creating (and enforcing) AI use policies before they end up in regulatory hot water, advises compliance pro Summer Goralik.
Inside Kelly Clarkson’s Multimillion-Dollar Property Portfolio: From a Montana Ranch to Lavish California Mansions
From a mansion in Tennessee and a California estate to a Montana ranch, Clarkson has owned an array of remarkable properties.
Energy to Blame as Inflation Rises, Setting Up Rate Hike
Despite the Federal Reserve’s attempts to combat inflation, the latest data from the U.S. Bureau of Labor Statistics (BLS) reveals that such progress may be minor, or nonexistent. The September CPI report saw a 0.6% monthly increase, with annual inflation gaining traction once again at 3.7%. The lat
Court affirms Wells Fargo foreclosure after borrower challenges default and mailing
How a lender’s mailing agent documentation held up on appeal
Seller accepted payments for years, then called them rent
Her own letter sank the argument
Borrower’s $98 tax shortfall hands Fifth Third a decade-long win
A decade of litigation over a property tax bill that was almost paid in full
Why falling housing inventory is sending sellers the wrong signal
High mortgage rates are keeping buyers on the sidelines, even as housing inventory falls
Bill Gates’ sister Libby MacPhee buys mansion in Seattle’s Broadmoor enclave as “Millionaire’s Tax” bumps up inventory
Bill Gates’ younger sister scored a bargain on a mansion purchase amid Washington’s “Millionaire’s Tax.” Libby MacPhee, managing partner of Seattle Family Support, acquired a 7,100-square-foot home at 2020 Parkside Drive East in Seattle’s Broadmoor neighborhood for $7.1 million, the Puget Sound Bus
AXA Equitable Provides $103M Recapitalization for Midtown’s Ellington Building
Rose Associates and its joint venture partner, Morgan Stanley Real Estate Investing (MSREI), has secured $103 million to recapitalize the Ellington, a 29-story multifamily building in Midtown Manhattan, Commercial Observer can first report. AXA Equitable provided the debt. No broker was listed on t
Correspondent and Wholesale, CLE, Audit, Free POS Products; News From Chicago; MBA Chair Owen Lee Interview
What percentage of the industry is shifting credit policies? Yesterday the industry learned that Fairway Independent and Movement are “now implementing VantageScore 4.0 (owned by Experian, Equifax, and TransUnion)… The VantageScore 4.0 credit scoring model is offered through Experian, Equifax and Tr
Sports Retailer Lids to Open New Shop Inside Penn Station
Sports apparel retailer Lids is adding another location in New York City, this time inside Midtown’s bustling Pennsylvania Station, Commercial Observer has learned. Lids, which sells sports hats, jerseys and fan apparel, has inked a 10-year, 1,993-square-foot lease for a flagship location inside th
Bank of America home loan volume falls 12% in Q3, raising questions about banks’ market share
JPMorgan and Wells Fargo also reported lower mortgage volumes amid higher rates
Pathfinders share ways to handle hurdles in servicing rules
Mandatory implementation dates are nigh for new escrow reporting and partial claim policies, and two early adopters are sharing tips for these transitions.
Social Security announces 3.6% COLA increase for 2027
Social Security retirement benefits will rise by an average of $75 a month in January 2027
Social Security Benefits Will Rise 3.6% in 2027—but Some Key Costs Are Rising Faster
The average retired worker will get about $75 more a month, as advocates renew calls to change how Social Security tracks inflation.
Fannie Mae sharply raises mortgage rate forecast for 2027
Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates.
With Election Day Looming, Polls Differ on Florida Property Tax Cut Amendment
With less than three weeks until the midterms, recent data released on a constitutional amendment in Florida known as Amendment 3, a housing affordability relief measure that would raise the property tax exemption for residents of the Sunshine State, is not showing a solid case for either passing or
Arizona Regional MLS Brokers Gain Access to HouseCanary’s Google Listings Program
Property intelligence provider HouseCanary has announced it has signed a data agreement with Arizona Regional MLS (ARMLS), which serves more than 38,000 subscribers across most of Arizona, under the Google Listings Program. Under the agreement, active listings from opted-in ARMLS brokerages are elig
Hot CPI inflation print puts October rate hike in play
Both headline and core CPI came in higher than consensus forecasts The post Hot CPI inflation print puts October rate hike in play appeared first on Scotsman Guide.
Blame the Dentists
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg look at the latest NAR existing home sales report. Sales rose 1.5% to a 3.99 million SAAR, inventory stands at 4.8 months, and the median price is $417,500. Investor purchases jumped from 15% to 20
Demographic changes to shrink Canada's workforce: Bank of Canada
‘Businesses need to understand it to develop new markets and products, invest in productivity-enhancing technology and help their workers gain skills for the future’
Central Tennessee HBA's Award-Winning Membership Growth Plan
The Home Builders Association of Central Tennessee focused on expanding its footprint in previously underserved areas by appointing new charter presidents to promote membership, build relationships with local officials and provide networking opportunities in outlying counties.
Capital risk for homebuilders: why money leaves and evaporates
A 2008-to-2009 case study and a 2025-to-2035 demographic outlook frame the risk of relying on one backer
Want to hire the Best MLS Leaders? Stop Making Them Move.
With fewer MLS organizations and an increasingly limited pool of experienced executives, hybrid and remote work may be one of the smartest recruiting strategies available. The post Want to hire the Best MLS Leaders? Stop Making Them Move. appeared first on WAV Group Consulting.
Mortgage Applications Fall Again as Higher Interest Rates Sideline Buyers
The Purchase Index, which measures the volume of mortgage applications to purchase a single-family home, decreased 4% from one week earlier.
Core Inflation Tops Forecasts, Making an October Fed Rate Hike a Close Call
Takeaway: A higher-than-expected inflation report puts the odds of a rate hike in two weeks at 50/50. Rates will give back some of last week’s improvements. Both overall and core inflation–which excludes food and energy prices–jumped in September more than expected. Overall inflation for September c
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Bond Traders Shift Bets Toward Rate Hike After Latest Inflation Data
The CPI came in at 3.7% in September, slightly above analyst expectations, leading bond traders to jump.
Commercial Real Estate’s Great Capital Stack Reset
The commercial real estate industry has spent the last two years focused on the debt maturity wall. The numbers are significant. Hundreds of billions of dollars in commercial and multifamily loans are scheduled to mature over the coming years. The prevailing question has been whether the industry ca
Podcast: Fire Prevention Tech to Protect Homes After LA Fires, CitroTech’s Wes Bolsen
Wes Bolsen is the CEO and board member of CitroTech (NYSE AM: CITR), the company behind the only EPA Safer Choice recognized fire inhibitor in the United States. Before CitroTech, Wes co-founded LaderaTech, a wildfire prevention company built on patents from Stanford University and MIT, which he sub
Hotter inflation could force Fed to move rate hike plans to October
Gasoline rose 34.2% year over year, shelter increased 0.4% month over month
Inside AI – Episode 9 with Meagan Fowler: Why an AI Leader Is Still an AI Skeptic
Inside AI – Episode 9 with Meagan Fowler: Why an AI Leader Is Still an AI Skeptic By Kevin Hawkins What happens when someone helping build AI for the real estate industry admits she still doesn't completely trust it? That's what makes my latest Inside AI guest, Meagan Fowler, Chief Operating Officer
Latest inflation surprise could spur Fed hike and keep mortgage costs high
Find out what a new jump in the consumer price index means for the mortgage market
This New Loan Is Bringing Investors to Abandoned Towns
Plus, the developer of a $10 billion real-estate project is asking its condo buyers for money.
Homebuilders need a story buyers can trust
Clear financing terms, real homeowner stories and support after move-in give buyers evidence that a builder will deliver on its promises.
CPI Puts a Floor Under Recent Rate Rally
Unrounded core CPI came in at 0.335, which nearly rounds to 0.4% versus an expectations of 0.2%. This is a big surprise when it comes to inflation data, and it matters more at the moment given the rapidly evolving Fed rate hike outlook. Recent Fed speeches caused a significant pull-back in rat
MBA mortgage applications slip 2.7% as rates continue to rise
The refinance share rose to 37.7%, and FHA refinance volume fell 5% as rates moved higher
Elevated rates keep mortgage demand on one-way descent
Homebuyers continue to lean on ARMs with typical 30-year mortgage rates near three-year highs The post Elevated rates keep mortgage demand on one-way descent appeared first on Scotsman Guide.
Inflation uptick puts pressure on Fed to hike again
The consumer price index increased 3.7% in September, potentially dashing market hopes that the Federal Reserve might delay raising interest rates later this month.
Inflation Jumps to 3.7% in Troubling Sign for Mortgage Rates
Inflation continued to hammer the cost of goods, especially gasoline the latest Consumer Price Index report showed.
High Frequency Data: Recent Increase in Mortgage Rates Impacting Existing Home Supply and Demand
Purchase Applications Down 16% YoY; Single Family Inventory Up 4.8% YoY
'Office' is actually having a scarcity problem
The U.S. office market is roaring back to health but its speedy recovery is resulting in a shortage, especially of premium space.
Home Sellers Now Outnumber Buyers By 63%, the Biggest Gap Since the Post-Recession Housing Crash
House hunters had more negotiating power in September than they’ve had since the housing market crashed after the 2008 financial crisis, with 63% more home sellers than buyers. The number of buyers in the market dipped to the lowest level in records dating back to 2013, while the number of sellers
Florida’s Live Local turns tables in Hollywood’s 30-story tower fight
Commissioners voted 6-1 after 12 hours of public input, the county’s next step hinges on a resident lawsuit
A Smile Is America’s Favorite Way to Greet a Neighbor
Smiling is the most common way U.S. homeowners greet strangers and familiar faces in their neighborhood, followed closely by saying hello: 45% of homeowners smile when they see strangers, and 40% go with a verbal greeting. For people homeowners recognize but don’t know, 51% smile, and 49% say hello
Long-Term Rentals: Everything You Need to Know Before You Self-Manage
Thinking about investing in long-term rentals? Finding the property is only half the battle. Getting it rent-ready, landing great tenants, and keeping everything running smoothly is where successful landlords get […]
From a $55K Rental to BiggerPockets CEO and Financial Freedom
16 years ago, Eric Augustyn had the same fear that keeps many of us up at night: What if I get fired? He had just survived the 2008 financial crash, […]
Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Interest rates on mortgages continue to rise, leaving some buyers to choose riskier, adjustable-rate mortgages to find savings.
The Plan: The Metropolitan Museum of Art’s New Modern and Contemporary Wing Goes Big
Step right up and greet the Met’s new wing. On Sept. 15, the Metropolitan Museum of Art at 1000 Fifth Avenue in Manhattan broke ground to begin the demolition and redevelopment for a new exhibition space to house its collection of 20th- and 21st-century modern and contemporary art. Set to open in
You Better Hope Suri Kasirer Takes Your Call
According to the City of New York, Kasirer, the government relations firm Suri Kasirer founded in 1997, has been the highest-grossing lobbying firm in New York City for each of the past nine years, and for 17 of the past 20. Kasirer has played critical roles in the development of projects that colle
Even Millionaires Can Barely Afford Custom Furniture These Days
Thanks to rising labor costs, President Trump’s tariffs and delayed shipping, custom pieces have ballooned in price and taken longer to arrive.
Mamdani’s Pied-à-Terre Tax Hits Wealthy Out-of-Towners With a Double Whammy
New York second-home owners, including Trump envoy Steve Witkoff, face heightened scrutiny of abatement intended for local residents.
High-End Homebuyers Are Flocking to Areas With Top-Rated Public Schools—Here’s Where
Tiny Marco Island, in the Naples-Marco Island, FL, metro area, has an elementary school that draws wealthy buyers from all over.
This $995K Waterfront Property Comes With Its Own Private Island—and an 1800s Farmhouse
The 22.8-acre Middlesex, VA, property with a private island, 1800s farmhouse, and beaches tops the week’s most popular homes list.
More Adult Kids Are Going ‘No Contact’ With Parents. How Will It Affect Generational Wealth?
A perceived rise in estrangement between adult children and parents could affect the housing market and intergenerational wealth transfer.
Every servicing exception needs an owner and a clock
MBA data shows nonperforming servicing costs $1,573 per loan vs $176, exceptions can push costs higher
How equity buyouts work in a divorce refinance
Appraisal minus mortgage balance sets equity, but the buyout amount hinges on solo borrowing capacity
Broker intel: How to navigate the higher-for-longer rate environment
Top brokers share strategies for continuing to find deals as mortgage rates climb
Top brokers on how brokers can leverage non-QM to win business
Expert originators reveal why adding non-agency products to your portfolio can bring in new borrowers
Rising Refinancing Costs Set to Divide Commercial Property Performance
Wells Fargo executives say higher interest rates will compress commercial property values at refinancing, though stress has not yet materialized across the portfolio. The post Rising Refinancing Costs Set to Divide Commercial Property Performance appeared first on Propmodo.
Real Estate Is About to Get Its Own Flood of AI Slop
Authentic expertise matters more than production volume The post Real Estate Is About to Get Its Own Flood of AI Slop appeared first on Propmodo.
Stop Buying More Leads: How to Split the Work Between AI, a VA, and You
What if buying more leads is the reason your business feels stuck? One agent was pulling in about 50 leads a day and still kept spending more, because the real leak wasn’t lead volume. It was everything that happened after the lead came in. Most agents are trying to be the marketer, the assistant,
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Charlotte City Council Leans Toward Extending Data Center Moratorium
The Charlotte City Council held a public hearing ahead of an Oct. 26 vote to extend the city’s 150-day data center moratorium by up to 11 months.
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Access To Power Now The No. 1 Force Shaping U.S. Site Selection Decisions
Electric power now tops the list for site selection for megaprojects like factories and data centers, overtaking incentives and talent.
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Wonderful Real Estate Inks Major Land Deals, Sells 1M SF Facility Near Bakersfield
Wonderful Real Estate sold 120 acres and a 1M SF facility at its Central Valley logistics hub and has plans to build more.
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South Florida Developers Pull Back On Industrial Construction
South Florida's construction pipeline has dropped 42% year-over-year.
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Fairfax Pays $23M For Innovation Center Site, With Plans For Affordable Housing
The Fairfax County Redevelopment and Housing Authority purchased 2 acres of land next to the Innovation Center Metro station in Herndon with HUD funding.
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Paramount Pictures To Reopen Bay Theater In Palisades Village
Paramount Pictures will reopen the Bay Theater for first-run movies and in-theater dining.
Bidding Wars Fade Across Texas as Most Buyers Face Zero Opponents
The number of real estate agents who said their buyers didn’t have to compete against other offers rose from 57% in 2025 to 69% in 2026.
FHA Official Predicts ‘Significant Acceleration’ in Manufactured Housing Under New Rules
Matt Jones, a Donald Trump appointee at HUD, says recent reforms to federal rules for manufactured homes could spur a boom in the sector.
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CBRE Hires Related Ross Exec As New Miami, Fort Lauderdale Market Leader
Greg Kuhlman joins CBRE from Related Ross to replace Gian Rodriguez.
New York Investor Buys Palm Beach County Nursing Home for At Least $24M
Tordjman Equities has paid at least $23.8 million for a nursing home in Palm Beach County, property records show. Called Pine Trail Nursing and Rehab Center, the 59,760-square-foot facility features 93 beds at 4445 Pine Forest Drive in Greenacres, Fla., adjacent to South Military Trail. The Pine Tra
What nonbanks can expect following bank 3Q mortgage results
But the data is unclear on whether the banks are continuing to take market share from the independent mortgage bankers, Keefe, Bruyette & Woods said.
Meghan Markle and Prince Harry Prepare for First Joint Outing as They Embrace New Life in U.K.
The Sussexes, who relocated to the U.K. in August with their two children, are turning their attention to their professional lives.
UAD 3.6 appraisal overhaul puts mortgage borrowers on the hook for higher costs
NAMB President Michael Farrell says fragmented transition to the new appraisal model is distorting lender selection by mortgage brokers The post UAD 3.6 appraisal overhaul puts mortgage borrowers on the hook for higher costs appeared first on Scotsman Guide.
Sellers sue REX, Colorado brokerage over alleged ‘blacklisting’
A couple who listed their property with REX in 2021 claims the now-defunct firm aided a conspiracy by not disclosing that buyer agents refused to show the home.
Condo Buyers Fund Construction With Bonds in Beverly Hills Tower Deal
A London developer is raising over $1.6 billion from condo buyers through subordinated bonds to finance its $10 billion Beverly Hills project. The post Condo Buyers Fund Construction With Bonds in Beverly Hills Tower Deal appeared first on Propmodo.
How LoanDepot uses AI to improve loan quality, reduce costs
LoanDepot did not confirm whether its partnership expansion with Novaprime will result in layoffs, but said it helps preserve the human connection.
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Global Investor Buys 8 Mass. Industrial Buildings For $76.5M: The Boston Deal Sheet
The Bahrain-based global investor bought eight buildings in Greater Boston for $76.5M from Longfellow Real Estate Partners.
Bath & Body Works to Open 9K-SF Store in Flatiron District
Bath & Body Works is opening a new store in Manhattan’s Flatiron District. The soap and scented lotion purveyor has signed a lease to take over the entire nearly 9,000-square-foot retail portion of 129 Fifth Avenue, according to a source with knowledge of the deal. Bath & Body Works will move into
HUD officials talk mortgage costs, lender participation and housing supply
Joe Gormley and Matt Jones outline numerous efforts at packed MBA conference panel The post HUD officials talk mortgage costs, lender participation and housing supply appeared first on Scotsman Guide.
Homeowners Keep Seeing Renovation Budgets Change Midproject: What’s Causing the Costly Surprises
Whether it's a bathroom update, kitchen refresh, or anything in between, homeowners budgeting for renovations need to plan for pivots, too.
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Developers Land $204M Loan For East Village Project: The N.Y. Deal Sheet
Plus, the other biggest leases, sales and loans in NYC commercial real estate in this week's N.Y. Deal Sheet.
Gen Z’s Fear of Mortgages Is Keeping Them Trapped in the Endless Cycle of Renting
Mortgage myths run rampant, especially in the age of social media. So it's no wonder the next generation fears a mortgage is a trap.
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JPMorgan Relocating, Expanding Philly Office
The financial giant signed a deal to move to a 62K SF office at 2400 Market St., with plans to relocate employees from two other offices and hire more.
Some builders beat an entry-level retreat. Valera eyes an opening
A StoneManor Homes brand extension, Valera Homes will offer Houston-area homes priced from the $270s to the $350s
PNC Lends $96M for Hawaii Retail Portfolio Acquisition
Aloha to permanent financing. 11North Partners has landed $96 million of acquisition debt for the purchase of a two-asset grocery-anchored retail portfolio in Lahaina, Hawaii, on the island of Maui. PNC Bank supplied the fixed-rate loan to facilitate the $155 million acquisition of the adjacent La
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Logistics Property Co. Acquires 716K SF Industrial Property: The Chicago Deal Sheet
The company's acquisitions team, led by Mark Crawford and Joel Wicks, is targeting properties in infill and bulk locations.
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Power Down: Grid Congestion Stalls Dutch Development
New developments and corporate relocations are being delayed in a market where macroeconomic conditions are already making it difficult to turn a profit.
Mortgage clients make ground-floor investments in AI fintech
Pennymac, New American Funding and NBKC Bank joined previous investors in a new $30 million Series B funding round for loan-origination system provider Vesta.
RealPage CEO defends halted EliseAI integration
The rise of artificial intelligence software in the multifamily industry hit a snag last week, when property management software giant RealPage paused EliseAI’s programming on its platform. In a letter to customers, RealPage chief executive officer Dirk Wakeham defended last week’s decision to paus
HUD eyes 203(k) renovation changes to boost housing supply
Recent draw changes and a potential review of consultant requirements signal a refocus on the product
One Street Secures $38M Loan for D.C. Office-to-Condo Conversion
One Street Commercial Properties has secured $37.8 million in financing to convert a vacant office building in Washington, D.C., into luxury condos. OakNorth and Hickory CRE Lending provided the loan for the redevelopment of 3333 K Street NW, a 70,000-square-foot former office building on the George
Inside Aston Martin’s First Single-Family Estate: A Glass-Walled $19.5 Million Hudson Valley Compound
Aston Martin unveils Sylvan Rock, its first single-family estate in the Hudson Valley, just under two hours from Manhattan.
Existing home sales ticked up slightly — then rates hit 7%
The past two months ended as the year’s slowest for existing home sales despite a 1.5% month-over-month bump in September, according to NAR data.
Bassman warns of 'nightmare scenario' amplifying U.S. bond selloff
The risk stems from the way traders provide the bonds that are delivered when futures contracts are settled.
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Blackstone-Backed Data Center Firm AirTrunk Reportedly Delaying $1.5B IPO
The Blackstone-backed, Australian data center firm is the latest in a series of companies connected to the industry to push back plans to go public.
Eyewear Brand Gentle Monster Takes 29K SF at Kushner’s Puck Building
A luxury eyewear brand has its sights set on one of SoHo’s most high-profile retail vacancies. South Korean eyewear brand Gentle Monster has inked a 28,500-square-foot deal at the Kushner Companies’ Puck Building, Commercial Observer has learned. The lease term is more than 10 years, according to a
My Colleagues ‘Cannot Afford To Buy Houses’: How One New Jersey Teacher Bought His Home
A teacher in Camden, NJ, sought a new home within a commutable distance, but faced stiff competition in the Philadelphia suburbs.
Ryan Serhant’s AI bet could help agents create more content in less time
@HeySerhant will publish original content daily for the next 12 months
Starwood Property Trust Provides $238M Refi on N.C. Life Sciences Campus
King Street Properties has secured $237.7 million to refinance the first phase of Pathway Triangle, a four-building advanced manufacturing and life sciences campus spanning nearly 582,000 square feet in Morrisville, N.C., that has Novartis as an anchor tenant. Starwood Property Trust provided the d
Key Housing Trends Among the 55+ Population
Adults ages 55 and older make up a large and growing share of the U.S. population and play an important role in the U.S. housing market. Only 16% of NAHB Builder members, however, reported building age-restricted housing for people age 55 or older, according to 2025 Member Census. For builders and r
Office sector continues to recover as rents rise and supply dwindles
Office inventory is down about 45 million square feet since 2023, according to JLL report The post Office sector continues to recover as rents rise and supply dwindles appeared first on Scotsman Guide.
Light Volatility and Modest Gains Ahead of CPI
Light Volatility and Modest Gains Ahead of CPI Bonds were modestly stronger in the overnight session in a move that is easiest to attribute to ongoing supportive buying in response to recently higher yields in the long end of the market. Fed Funds Futures we
One Week Left to Nominate a 2027 Real Estate Newsmaker
Time is running out to celebrate the leaders, innovators and changemakers shaping the future of real estate! Only one week remains to submit nominations for RISMedia’s 2027 Real Estate Newsmakers honors before 11:59 PM EST on Wednesday, October 21, 2026. Now in its landmark 10th year, RISMedia’s Rea
Nancy Guthrie’s Disappearance Takes New Twist as Former FBI Agent Reveals Contents of 4 Ransom Notes
The revelation comes more than eight months after Nancy vanished from her Arizona home, with authorities still searching for answers.
Rent Freeze and Fulton Street Development Dominate Brooklyn Panel Discussions
Brooklyn was the only topic at a Thursday event that investment sales brokerage TerraCRG sponsored, with Mayor Zohran Mamdani’s rent freeze and a retail revival on Fulton Street the topics of the day. The Only Brooklyn Real Estate Conference at BRIC (formerly known as Brooklyn Information & Culture)
Optimal Blue data shows non-QM lending, ARM usage is expanding
Non-QM represented 12% of production in September as the 30-year conforming rate ended the month at 7.39%
Mortgage Rates Inch to Another 2-Week Low
It was an uneventfully good day for mortgage rates. Unlike the average day over the past several weeks, there was minimal intraday volatility in the underlying bond market. This allowed the average lender to issue rates once this morning and avoid intraday rate changes. Fortunately, the overn
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BlackRock Invests In 3D-Printing Construction Startup Valued At $1.4B
Icon, a leader in 3D-printed real estate, reached a $1.4B valuation following its latest funding round led by BlackRock and Baillie Gifford.
State Farm Increases Insurance Rates by 8% for Illinois Customers
Just as insurance companies regularly review costs, policyholders should review their policies often and be aware of available options.
Existing home sales beat estimates, but don’t reflect recent higher rates
NAR showed sales up 1.5% month over month, but rates have rapidly increased in the last few weeks
Experian expands Power Profile Plus, adds unlimited soft pulls
The tool pairs a full Experian credit profile with VantageScore 4.0 and supports a later shift to a hard inquiry
HouseCanary inks ARMLS deal 3 weeks after bankruptcy filing
Arizona’s largest multiple listing service is the seventh MLS to sign on since the brokerage platform’s partnership with Google went national in June.
Existing-home sales post slight rise in September
But sales declined annually for the second straight month, remaining below 4 million units, according to NAR The post Existing-home sales post slight rise in September appeared first on Scotsman Guide.
For servicer customer retention, focus on digital experience
Banks scored higher than mortgage-focused servicers on the second annual JD Power Digital Experience Study in both the mobile app and website segments.
Back in charge, Garg details where Better is cutting costs
The lender suggested its $1.39 billion in total loan volume, which would be a 17% quarterly decrease, compared favorably to a 37% industrywide decline.
Trump administration threatens rural housing investment
Another administration’s attempt to update the Community Reinvestment Act could wipe out housing investment in rural communities. The White House proposed a rule change to reclassify what financial institutions are subject to certain requirements under the 1977 law, Bloomberg reported. The comment p
Cohen Brothers Adds 76K SF in Leases at West Hollywood Campus
West Hollywood’s most recognized mixed-used office campus is racking up more new leases and renewals. Owner Cohen Brothers Realty secured more than a dozen tenant deals for 76,100 square feet at the Pacific Design Center, Commercial Observer can first report. The 1.6 million-square-foot “red, green
Why Buyers Must Assess Future Costs Before Committing Today
If there’s one thing buyers don’t want after closing, it’s finding out that the costs to own and maintain their new home are not what they’d expected. They’re higher, and sometimes much higher. That’s why it’s imperative for you as their trusted agent to help determine future finances and share the
Kinsmen Property, SK Development to Build 184 Apartments at 50 Third Avenue
Manhattan’s East Village is getting some new housing after Kinsmen Property Group and SK Development finalized plans to construct a multifamily development at 50 Third Avenue. The joint venture plans to build a total of 184 rental apartments and ground-floor retail space at the site near the corner
Inside Real Estate Launches BoldTrail MCP, Connecting BoldTrail to LLMs, AI Assistants
Inside Real Estate announces the launch of BoldTrail MCP (Model Context Protocol), allowing agents, teams and brokerages to bring leading AI assistants and LLMs like ChatGPT and Claude into their BoldTrail account and get work done simply by saying what they need. Built on MCP, the open standard tha
World Economic Forum Inks 58K-SF Lease at Durst’s 825 Third Avenue
The World Economic Forum, a nonprofit organization created to oversee public-private partnerships, will take more than three full floors at the Durst Organization’s 825 Third Avenue, Commercial Observer has learned. The Switzerland-based World Economic Forum signed a 15-year, 58,131-square-foot leas
Marcus Day Joins LaSalle Investment to Lead Global Solutions Division
A new Day has arrived at LaSalle Investment Management. Marcus Day has left his lofty perch at Brookfield Asset Management for a new gig in real estate investment as head of LaSalle Global Solutions, reporting directly to CEO Brad Gries. Day moved to LaSalle on Tuesday and will officially take the r
Michigan Couple Sues UWM Over $425K Check That Allegedly Vanished
Tracking said delivered. UWM allegedly said never received. The interest kept running
Anderson Family Properties Lands $550M Refi for Century City Office Campus
Anderson Family Properties is set to close one of the largest U.S. office financing deals of the year in Los Angeles’ premier office submarket. The firm has secured a $550 million refinancing for its 940,000-square-foot office campus at 1800 and 1900 Avenue of the Stars in Century City, according to
Homeowner Alleges Shellpoint Wrecked His Credit While Accepting His Payments
Three bureaus told three different stories about one loan - none matched the servicer's records
Unsolicited $2B cash bid for 93-hotel collection raises red flags
A $2 billion cash offer for a portfolio of properties may sound like a dream for a company shedding assets, but for Service Properties Trust, it may be too good to be true. Jim Koehler’s TKO investment firm offered the exorbitant sum to acquire all 93 hotels left in the real estate investment trust’
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2 Major H&R REIT Shareholders Plan To Vote To Block $5B Breakup
Key shareholders oppose the plan to sell the REIT's 107 assets to a group that includes Blackstone and PSP Investments.
Regulators should rethink proposed CRA changes, NAAHL says
Proposed asset threshold changes could leave 31 million people in areas with limited community development coverage, association claims
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JLL Nabs Brokerage Team With Over 75 Years Combined At Rival CBRE
JLL brought on CBRE stalwarts Kyle Kamin, Dan Lyne, Jon Milonas, Brandon Green, Abigail McFadyen and Joe Davis, effective immediately.
Fed's Waller says higher US yields could help cool demand
Federal Reserve Governor Christopher Waller has signaled that further interest-rate hikes will likely be needed to slow inflation, though he added officials have some flexibility on timing.
Ohio court backs landlord after tenant lets mechanic move into warehouse
A bed, a cat, a fridge full of groceries - and no written consent
Existing-Home Sales Up Monthly, Down Year-Over-Year
Existing-home sales increased by 1.5% month-over-month and decreased by 2.2% year-over-year, according to the National Association of Realtors®’ (NAR) Existing-Home Sales report. The report provides the real estate ecosystem, including agents, homebuyers and sellers, with data on the level of home s
CMBS trustee wins foreclosure but court guts its attorneys’ fee demand
Rates the servicer paid its lawyers did not match what the market charges
Where to Find Motivated Sellers in Today’s Real Estate Market
Your next game-changing listing might be hiding in plain sight—long before it ever touches the MLS! The most lucrative real estate opportunities often come from off-market homeowners who haven’t even realized they’re ready to sell yet. By pinpointing high-potential seller signals and leveraging hidd
Trammell Crow Residential steps into balancing Phoenix market with plans for office-to-multifamily redevelopment
Trammell Crow Residential took the helm in plans to convert an office site near Phoenix into apartments. The multifamily developer filed plans to build a 319-unit, five-story complex at 14646 North Kierland Boulevard in Scottsdale, the Phoenix Business Journal reported. Miami-based The Related Grou
Oklahoma Supreme Court rules lender kept arbitration rights despite two-year fight
A first-impression ruling on anti-waiver provisions. Lenders, take note
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Battersea Power Station Lands £280M Refinancing For Final Phases
Battersea Power Station landed a £280M loan from CIMB, OCBC, Maybank and Standard Chartered to support the development of its remaining 16 acres.
Josh Allen Celebrates Major NFL Career Milestone With Wife Hailee Steinfeld—Inside Their Multimillion-Dollar Real Estate Portfolio
The 30-year-old athlete finally added an overtime win to his resume, marking a significant personal achievement for the football star.
Lenders should weigh risks vs. cost in credit options
Mortgage firms can decide if what the FHFA has given them to size up VantageScore is compelling and may have to make a call on tri-merge alternatives too.
Originators and borrowers 'getting creative' as non-QM, ARMs gain share
Optimal Blue's September report shows a rare divergence from the broader market decline
Existing home sales, housing inventory rise in September
Sales were lower year-over-year in all four regions
Fed’s Waller says AI-fueled inflation could persist for years
The ‘convenience yield’ that U.S. Treasurys used to enjoy is ‘gone’, the Federal Reserve governor also said Tuesday The post Fed’s Waller says AI-fueled inflation could persist for years appeared first on Scotsman Guide.
Despite infighting, top portals offer mostly the same listing info
Zillow, Realtor.com, Redfin and Homes.com all provide similar property details — with some caveats, according to a new report by the Consumer Policy Center.
In Sun Belt Multifamily, an Uneven Path Back Toward Boom Times
A rising tide lifts all boats, but not all of them find their moorings at the same time. That’s the case with multifamily housing across the Sun Belt, where the uneven retreat of regional oversupply from a nearly decade-long construction boom means regional markets are returning to more normal cond
ARM demand hits near four-year high
Adjustable-rate mortgage share tops 11% of rate locks, even as loans currently adjusting sit at a 25-year low
D.R. Horton tests Promise Robotics factory model for 1,250 homes
Promise Robotics says it can frame a typical 1,800-square-foot home in about eight hours
The Risks, Myths, and IRS Concerns Real Estate Investors Worry About
If you own rental property, you’ve probably had that moment: You get a letter from the IRS, or you hear about someone else getting audited, and your stomach drops even […]
Mortgage rates hold at 7.63% as inflation pressures persist
FHA fell to 7.37% from 7.59% and jumbo slipped 10 bps to 7.75% as Treasury yields stayed elevated
Arrow Hires Yanni Marmarou to Grow N.J. Business
Arrow Real Estate Advisors is marking the two-year anniversary of its October 2024 launch with the addition of another broker, this time to scale the brokerage’s investment sales business in New Jersey. Yanni Marmarou, who launched Investment Property Realty Group’s (IPRG) New Jersey office in 2023,
Matt Fowler joins Bill Fowler in new consulting firm
MLS AND PROPTECH LEADER MATT FOWLER JOINS PHANTOM POWER “Matt Fowler brings more than three decades of experience across MLS leadership, technology and organizational transformation. Most recently, he served as the first Chief Executive Officer of DoorifyMLS, formerly Triangle MLS, where he led a mu
What the IMF’s bond yield warning means for mortgage rates
IMF report flags hedge fund leverage, AI debt and term premiums as Treasury pressure keeps mortgage rates above 7%
Servicer digital experience could shape who wins the next refi
JD Power's Bruce Gehrke says the app gap creates a bit of a headwind for independent mortgage banks
Warehouse, Litigation Webinar, AMC, HELOC Products; OB/Usherpa, Newrez/eXp Deals
If you want privacy, you may not want to buy a new car: Many new cards share your data with third-party companies via technology. Here at the MBA National, tech is not only a popular topic, but, thanks to AddyAI, there is an Agentic registered “attendee” named Adele. The robot’s job is roaming the h
President Donald Trump Asks Kimberly Guilfoyle To Resign as Greece Ambassador—Threatening Her Glamorous New Life Abroad
Guilfoyle was appointed to the role of U.S. ambassador to Greece by President Donald Trump and moved to Athens in November.
The Questions Real Estate Organizations Should Answer Before Deploying AI
Real estate firms can prepare for AI success by defining outcomes, auditing data, strengthening governance, and building flexible integrations. The post The Questions Real Estate Organizations Should Answer Before Deploying AI appeared first on Propmodo.
Fed’s Hammack backs rate hike path as inflation stays stubborn
Broker borrowing conditions look set to tighten further as the Cleveland Fed chief pushes for smaller, quicker rate moves
ATTOM Introduces Semantic Views for Property Data in Snowflake
ATTOM Semantic Views make it easier to interpret/query property data delivered through Snowflake & turn complex data into actionable insights The post ATTOM Introduces Semantic Views for Property Data in Snowflake appeared first on ATTOM.
Before His Oscars and Emmy, Michael Douglas Was ‘Mobil Man of the Month’
The film star on his volatile father, actor Kirk Douglas, overcoming stage fright and his estate in Spain.
EXCLUSIVE: NFL Legend Ray Lewis’ Former Maryland Mansion Lists for $1.5 Million—After Complete Overhaul
The former linebacker, who helped lead the Ravens to two Super Bowl victories, purchased the Owings Mills residence in 1999.
JPMorgan, Wells Fargo mortgage revenue falls in Q3
Both banks reported higher net income year over year in the third quarter
AI Won’t Kill PropTech, But It Is Changing The Business Model
I’ve seen a lot of talk about a “SaaS-pocalypse”—the idea that AI will make traditional software obsolete by allowing businesses to replace entire software platforms with increasingly sophisticated AI tools. I don’t buy it. AI is absolutely disrupting SaaS, but I believe it is far... The post AI Won
NAR: Existing-Home Sales Increased to 3.99 million SAAR in September
Median House Prices Increased 1.3% Year-over-Year
Mortgage industry leaders champion MBA Opens Doors Foundation mission
Tawn Kelley and Jean Bradley received honors for their contributions to the foundation’s nationwide housing assistance efforts The post Mortgage industry leaders champion MBA Opens Doors Foundation mission appeared first on Scotsman Guide.
Rechat Appoints Audie Chamberlain as Chief Industry Officer
Above, Audie Chamberlain AI-powered real estate software firm Rechat has announced that Audie Chamberlain has been appointed as chief industry officer, a newly created role on the company’s executive team, effective immediately. According to a release, as chief industry officer, Chamberlain will le
eXp’s “MCP First, AI of Choice”
Here's the idea in one sentence: instead of building another AI assistant that agents try once and forget, eXp is opening standardized connections between its platform and the AI assistants agents already use. The post eXp’s “MCP First, AI of Choice” appeared first on WAV Group Consulting.
Home Sales Rise Unexpectedly in September in Defiance of Surging Mortgage Rates
Existing home sales ticked upward in September, but buyers and sellers are showing signs of fatigue with the difficult housing markert.
Anywhere shareholder sues over “backchanneling” that closed Compass deal
A former Anywhere Real Estate shareholder is taking issue with how the firm’s landmark deal with Compass went down. Philippe Magloire filed a lawsuit last week, alleging that Compass and Anywhere executives submitted misleading statements in documents filed prior to Compass’ $1.6 billion acquisitio
A New $45 Million Nantucket Estate With Secret Tunnel and Hidden Speakeasy Could Break State’s Sales Record
Look inside Nantucket's brand new Cliff area compound, featuring a hidden speakeasy, secret underground tunnel and Sound views.
Be Aware of Hidden Jobsite Safety Issues During Cold Weather
With fall here, it is important to know the dangers of cold stress and the best ways to stay safe and warm on your jobsites. It is also important to know some hidden dangers in the cold weather.
Stronger Start. It's Complicated
Tuesday morning joins a fairly long list of trading days where overnight bond market movement cannot be cleanly connected to news headlines or econ data. With yields having recently pushed up to multi-decade highs, and Fed policy expectations constantly shifting, this will be an ongoing phenomenon.
Proof Stacking — Or, the Compounding Value of Credibility in Business
In a world where everyone claims to be an expert, how do you know who actually is one? This is a question that has become increasingly important as technology makes it easier than ever to create content, establish an online presence, and project an image of success. Today, anyone can publish an arti
Pending home sales hit 12-year low as mortgage rates breach 7%
September deal cancellations hit a record as inventory surged and buyers retreated across all 50 major US metros
Pending home sales sink to 12-year low after mortgage rates soar past 7%
September deal cancellations hit a record as inventory surged and buyers retreated across all 50 major US metros
Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data.
ARMLS, HouseCanary expand Google Listings Program in Arizona
Unlike other MLS deals, ARMLS participation is opt in and brokerages can also enroll directly through HouseCanary
BHHS firms appoint joint CMO; Rechat adds chief industry role
Kelly Silver will oversee marketing for the franchisees, which have 3,700+ agents. Plus, Audie Chamberlain moves up to Rechat’s C-suite; GVR names interim CEO.
Custom Data Requests Don’t Have to Stymie Commercial Real Estate Teams
An asset manager opens an operating report, an equity partner asks for a custom slice of debt service coverage across a regional portfolio, a lender wants a specific view of trailing-12 occupancy, factoring in signed leases not yet occupied. Despite decades of commercial real estate software investm
BlackRock and Baillie Gifford bet big on Icon 3D printed homes
Icon, one of the biggest players in 3D printed real estate, is announcing its $200 million Series D financing co-led by Baillie Gifford and funds managed by BlackRock, among others.
Longbridge Financial elevates Larissa Morrell to VP of product development
The promotion signals Longbridge’s push to deepen offerings for senior homeowners and retirement-focused home equity products
Nearly Half of Buyers Get Concessions as Fed Warns Prices Must Drop
A Fed official says what we’re all thinking: home prices must drop—and sellers seem to have gotten the message. Per a recent Redfin report, 44.7% of home sales included seller […]
Why the Mitchells sold the builder but kept the land platform
Century Communities bought scale in Dallas-Fort Worth while Jabez and ONM Living stayed with the family
Developer Joe Moinian On His Hudson Yards Project, AI’s Impact and Land Buys
Joe Moinian is about to move up a level. It almost sounds preposterous to make such a claim. Those who know New York real estate naturally know how important a place Moinian occupies in the firmament. He has unveiled massive, neighborhood-transforming projects like the Atelier on the far West Side
RXR Names Whitney Arcaro COO of Residential Business, Taps Gerard Norcia to Lead It
It’s a shorter week for some, but that certainly doesn’t mean any less action for RXR. It has not one, but two pieces of news to announce. The firm has promoted Whitney Arcaro to chief operating officer of RXR’s residential business and also hired Gerard Norcia to lead the residential business unit
5 tips for brokers looking to build relationships with wholesalers
Although brokers are often treated as the client, they still stand to gain from building rapport and trust with lenders, industry experts said.
The Luxury Beverly Hills Condo Project Borrowing Money From Its Future Residents
Condo buyers are lending to developer Cain through a program known as Founder Bonds to help fund its $10 billion real-estate project.
Florida Could Cut Property Taxes to Zero for Millions—but Experts Warn of a Big Catch for Buyers
Voters are three weeks from deciding whether to radically reform the state's property tax system. Here's what it means.
Inside a NYC $80 Million Megamansion: Cold Plunge, Garage Bar, and Wine Cellar
This $80 million Upper East Side mansion with a 6,000-bottle wine cellar is among the most expensive listings this week.
The next AI advantage in real estate is remembering the buyer
Why retaining the context of a buyer's search is the true test of a real estate AI assistant
Beyond closing: The next chapter of affordability
Rethinking lender value in a world where customer expectations extend beyond closing
Pulte bows out of hotly anticipated MBA Annual appearance
Potential credit reporting changes were the rumor de jour for the FHFA director’s scheduled sit-down The post Pulte bows out of hotly anticipated MBA Annual appearance appeared first on Scotsman Guide.
Social Media Consistency Is a Full-Time Job. Here’s One Way to Hand Off the Posting.
Everyone knows agents should show up on social media. The hard part is doing it every few days, across several platforms, while also running a business. In this session, Alexandra Davis of Wise Agent demos a tool that schedules, designs, and posts content for you, and shows how to track what's worki
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Microsoft Sues JLL For Protection Against Lawsuit At NYC Office Project
After getting hit with a lawsuit from an injured construction worker, Microsoft is now claiming that JLL should cover any potential damages.
DSCR Loans Pour Capital Into Distressed Urban Neighborhoods Left Behind by Banks
DSCR loans approve investors on rental income, not personal finances, flooding capital into East Cleveland, Baltimore, Detroit, and Memphis—but fraud risks loom. The post DSCR Loans Pour Capital Into Distressed Urban Neighborhoods Left Behind by Banks appeared first on Propmodo.
The Legal Challenge That Forced the SEC to Reconsider Its Climate Rules
The SEC moves to rescind its 2024 climate disclosure rules, reigniting debate over agency authority, investor needs, and corporate reporting. The post The Legal Challenge That Forced the SEC to Reconsider Its Climate Rules appeared first on Propmodo.
Home equity-sharing firm Unison is said to pick banks for US IPO
The company selected banks including UBS Group AG and Cantor Fitzgerald for the offering and seeks to raise as much as $500 million, said the people, who asked not to be identified because discussions are private.
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Receiver Appointed For X Denver Apartment Building Near Coors Field
The receiver will manage the property and may sell it if the lender, Mack Real Estate Group, approves.
MBA panel says affordability challenges don’t end at the closing table
Industry executives eye sustainable homeownership as financial pressures build on government-insured loans The post MBA panel says affordability challenges don’t end at the closing table appeared first on Scotsman Guide.
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Social Housing Providers Turn To Bond Markets To Fund Expansions
Social housing faces rising costs and funding cuts, but providers maintain growth with stable margins, according to S&P Ratings.
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Terra Lands $507M Loan For Miami Beach Condo Tower: The South Florida Deal Sheet
Tyko Capital provided a $507M loan for a new condo in Miami Beach after JDS Development exited the project.
Credit Score Shake-Up Could Help Millions Buy a Home—but Lenders Say There’s a Hidden Risk
The Federal Housing Administration's push to modernize credit scores could change the system, but it also brings new risk, analysts say.
U.S. industrial sector faces historic surge of pledged investments
An estimated $3.5 trillion has been promised by companies to manufacture everything from AI infrastructure to steel to pharmaceuticals The post U.S. industrial sector faces historic surge of pledged investments appeared first on Scotsman Guide.
All Eyes on Wednesday’s Inflation Report as Markets Weigh How Many More Fed Hikes Are Left
In A Nutshell: Every CPI inflation print has the potential to send rates up or down, and this Wednesday’s is no exception. There’s still an open question as to how many more hikes there will be from the Fed. Last Week’s Highlights Rates fell slightly last week as numerous Fed speakers reiterated t
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Law Firm Moves Into New Office Space At TC Energy Center: The Houston Deal Sheet
This week in Houston real estate news, O’Melveny & Myers relocates to TC Energy Center, Partners hires away from MLB Commercial Real Estate, and more.
Long Beach Homes Sustain Significant Damage Following Tropical Storm Rachel, and 8 Buildings Have Been Red-Tagged
Long Beach officials estimate $1.5 million to $3.5 million will be needed to repair damages from Tropical Storm Rachel over the weekend.
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Revere Beach Apartments Sell For $77M
Boston developer Redgate sold the apartment building at 205 Revere Beach Parkway to Nuveen Alternatives Advisors, the latest in a series of deals in the area.
Beach Boys Star Mike Love Goes to Extreme Lengths To Protect His $43 Million Lake Tahoe Home From Developers
The 85-year-old musician took several steps to protect the dwelling and the surrounding forest and wildlife.
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Pair Of Evanston Apartment Buildings Trade Hands, Including A Reinsdorf-Backed Sale
Draper and Kramer and a firm backed by Jerry Reinsdorf were involved in two separate, major multifamily deals in Evanston.
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Brandywine Lands Full-Floor Tenant At Cira Centre
Spring EQ is relocating from two suburban offices to Brandywine Realty Trust's Cira Centre in Philadelphia's University City, leasing 27K SF.
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Ground-Floor Activation Presents A Challenge And Opportunity For Denver's Recovery
Denver is considering new strategies to activate ground-floor vacancies, ones that go beyond restaurants and retailers.
Hammack says Fed rate hikes are unlikely to mitigate key inflation drivers
The Cleveland Fed president and FOMC member sees inflation pressures broadening out into the U.S. economy The post Hammack says Fed rate hikes are unlikely to mitigate key inflation drivers appeared first on Scotsman Guide.
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As Healthcare REITs Shift To Senior Housing, New Entrants Move Into Medical Office Space
As REITs that focused on medical offices and other healthcare real estate increasingly invest in senior housing, private capital is filling the void.
Struggling Homeowners Feeling ‘House Poor’ Have More Breathing Room Than They Think
Owning a home is more expensive than ever, but there are still ways to save money, if you're willing to jump off auto-pilot.
Lawsuit claims Compass downplayed regulatory risks ahead of Anywhere acquisition
Robbins LLP filed the proposed class action, lead plaintiff deadline is December 7
Park Avenue Penthouse Tops Manhattan Luxury Sales This Week at $25 Million
The most expensive sale in Manhattan last week was a $25 million penthouse that hasn't ever been lived in and comes fully furnished.
What real estate leaders can learn from the mortgage industry
Brokerage execs who outsource financial thinking to lenders risk missing the vital leading indicators that predict which clients will walk through their doors.
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Political Campaigns Have Spent $87M Making Data Centers A TV Villain
Candidates and outside groups have spent more than $85M on ads mentioning data centers, almost always in a negative context, according to AdImpact.
Helping Agents Thrive in Business—and in Life
Shawn O’Neill Broker/Owner JPAR City & Beach Jacksonville, Florida https://shawnoneill.jpar.com Region served: Jacksonville and St. Augustine, Florida Years in real estate: 25 Number of offices: 2 Number of agents: 107 Favorite part of working in real estate: I’m in the “give” phase of my career, so
Boston office market splits into distinct camps
There are two office markets in Boston today: the trophy market and everything else. Across the Greater Boston metro area, office rents on trophy space hit a two-year high in the third quarter, Bisnow reported, citing data from JLL. The average rents for buildings in that segment of the market hit $
Pending sales drop to lowest level in 12 years
The number of signed contracts fell 4% from August to September as demand dried up, Redfin found. Meanwhile, inventory reached the highest level since 2020.
George Foreman’s $6 Million Texas Estate Hits the Market—Complete With a 50-Car Garage and Kitchen Where He Filmed His Famous Grill Commercials
The Houston-area property spans approximately 13.49 acres and features an 11,968-square-foot Mediterranean-style mansion.
Remodeling Market Still in the Black Despite Construction Woes
Remodeling continues to hold its own as a “stable” segment of housing construction, despite continued challenges for the industry, according to the latest data from the National Association of Home Builders (NAHB). NAHB’s Remodeling Market Index (RMI) for Q3 saw a reading of 62, up one point from Q2
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Developer Inks Deal To Move HQ To Lerner's Tysons Tower
Middleburg signed for 27,800 SF at Lerner Enterprises' 1800 Tysons Blvd., which also houses JLL, UWS, Houlihan Lokey, Littler and Founding Farmers.
Victor Padilla named co-CEO of HIC Land
The land banking and land development firm has 48,000 lots under control or under development in eight states across the Southeast
Global equity release market projected to hit $52B by 2035
New survey found that North America is expected to account for much of the projected growth
Criminals used 79 dormant domains to impersonate a top real estate team
Unauthorized traffic can damage a brokerage’s and domain’s reputation with email providers
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Soar AI Secures $1B Equity For Industrial-To-Data-Center Development
A former private jet operator landed a large equity commitment to develop AI campuses, which will transform existing industrial sites.
Little-known mortgage product gives small investors a foothold in distressed markets
Small-time investors are seizing on a nascent mortgage product that is sparking investment in the nation’s most challenging markets. Borrowers are jumping on debt-service coverage ratio loans to fuel their fixer-upper projects, the Wall Street Journal reported. The 2010s-era mortgage product is grow
Lawler: Update on MBS Yields and Spreads
From housing economist Tom Lawler:
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Southern Dallas County Developers Aim To Change Perceptions And Build Momentum
Projects like the $1B University Hills development are poised to change the perception of southern Dallas as an area that can’t support new projects.
A Third of Pandemic-Era Homebuyers Regret Their Real Estate Purchase
Buying a home can be a high-stakes decision under pressure, and for many in recent years, buyer's remorse has become a real problem.
Compass Sued by Anywhere Shareholder Over ‘Backchannel’ Merger Approval
Compass and multiple top executives are facing a class-action lawsuit from an Anywhere stockholder focused on the merger between the two companies, with the plaintiff claiming that back-channel efforts to get the deal approved created risk for the company and misled investors. Filed late last week i
European Landlords Exit Prime Office Holdings as Rate Outlook Darkens
Major European landlords including Blackstone and Commerz Real are marketing office assets as bond yields reach multi-decade highs and redemption pressure mounts. The post European Landlords Exit Prime Office Holdings as Rate Outlook Darkens appeared first on Propmodo.
Op-Ed: You Won’t Win With AI Alone. And You Won’t Win Without It.
Everyone is talking about AI and agent productivity. But has anyone stopped to ask whether AI is helping or hurting your brokerage’s value to agents? Running a brokerage today means more channels, more automation, more data, and a tech stack that keeps growing. Meanwhile, your agents can sign up for
EXCLUSIVE: NBA Star Precious Achiuwa Snaps Up $1.8 Million Miami Condo in Celebrity-Favored Luxury Tower
Achiuwa is expanding his real estate portfolio after signing a contract for a $1.84 million condo inside a lavish Miami development.
Opposition mounting to H&R deal with GO Residential, Blackstone
GO Residential announced its acquisition of the Canadian REIT H&R Real Estate Investment Trust’s assets two months ago, but a roadblock is being thrown up ahead of the deal’s expected closing this quarter. RBC Global Asset Management, one of H&R’s largest equity investors, plans to vote against the
Optimal Blue expands into borrower engagement with Usherpa acquisition
Usherpa will be natively integrated into Optimal Blue, the companies say
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Service Properties Trust Gets Surprise $2B Cash Bid For 93 Hotels
TKO LLC offered $2B in cash for 93 Service Properties Trust hotels, but analysts see problems in the fine print.
Why private homebuilders are getting M&A premiums right now
Margaret Whelan says five-to-10 years of lots in strong markets can command premium pricing
Kelly Silver Assumes Dual Role as Chief Marketing Officer for Two BHHS Regional Giants
Above, Kelly Silver Berkshire Hathaway HomeServices (BHHS) New England, New York, and Hudson Valley Properties and Berkshire Hathaway HomeServices Georgia Properties jointly announce that longtime industry marketing professional Kelly Silver has been named Chief Marketing Officer (CMO) of both organ
Investors sue Sotheby's alleging $7.5M condotel was a mirage
The Hilton-branded project was foreclosed. Now the listing agent faces the heat
Bob Broeksmit says tri-merge ‘won’t be around for long’
MBA signals end of tri-merge credit reports as FHFA weighs options
Trust Sues Starwood Over $46.85M Loan With Hidden Lien
A senior lien nobody flagged, a foreclosure that wiped the collateral, and a trust left holding the bag
Ransomware gang allegedly raids The Money Store, two class actions follow
Loan applications, Social Security numbers, mortgage docs - all allegedly stolen
Court Report: SCOTUS Declines to Hear Zillow Shareholder Case; Compass Hears From Two MLSs
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow pleas fall on deaf ears On Oct. 5, the U.S. Supreme Court officially declined Zillow’s appeal to hear a class-action shareholder lawsuit,
Court Report: SCOTUS Declines to Hear Zillow Shareholder Case; Compass Hears From Two MLSs
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow pleas fall on deaf ears On Oct. 5, the U.S. Supreme Court officially declined Zillow’s appeal to hear a class-action shareholder lawsuit,
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Ireland's AI Funding Boom Helps Drive Down Dublin Office Vacancy Rates
Dublin's office vacancy falls as artificial intelligence investment surges, with €256M raised in 2026.
Fifth Circuit lets Ginnie Mae extinguish third-party reverse mortgage liens
Texas Capital lent $28 million against reverse mortgage tails. Ginnie Mae took them
Voyager fraud claims crash as Second Circuit backs Metropolitan Commercial Bank
Internal red-flag emails still fell short of proving actual knowledge
Missed notice costs Wilberforce University its $1.2 million default judgment
A $5 million bank statement, a stalled dormitory, and one procedural miss
Rep. Ilhan Omar’s Home Searched in Raid Led By Homeland Security
The raid was conducted as part of a criminal fraud investigation into Omar’s immigration paperwork, which was filled out by her late father.
Home building slump expected to continue through 2027, says NAHB chief economist
Tariffs, immigration enforcement, higher inflation and the Iran war have single-family production heading the wrong direction The post Home building slump expected to continue through 2027, says NAHB chief economist appeared first on Scotsman Guide.
MBA, FirstHome IQ partner to launch MBA Homebase
New platform offers NMLS-approved CE, coaching, and Trust Certification with FirstHome IQ
‘Secret Lives of Mormon Wives’ Star Mikayla Matthews Breaks Down in Tears as She Moves Out of Home That Made Her ‘Depressed and Sick’
Matthews broke down as she left her longtime Utah home, revealing plans to build a new house amid health struggles.
How to Land a Career in Construction
Participation in NAHB's Student Chapters provides great exposure to the industry, and staying sharp in the classroom and utilizing rapidly evolving online building tools are essential to landing full-time employment.
FirstClose, Cotality form alliance to streamline home equity lending
Single workflow automates ordering and populates borrower and property data across connected LOS systems
The Hottest Neighborhood on Chicago’s Red Line: Near North Side
Near North Side is the hottest neighborhood along the Red Line in 2026, followed by Uptown and Near South Side, according to a Redfin ranking. Washington Heights and Rogers Park round out the top five. Chicago’s hottest neighborhoods on the Red Line offer a mix of high-rise living, single-family
Craig Haskins takes ALTA helm — pushes for title visibility, new leaders
Haskins wants the industry to do a better job explaining its value to consumers
Figure’s Michael Tannenbaum on home equity lending to the ‘sandwich generation’
More than 500,000 HELOC applications show this group has a high monthly debt load but significant equity to lean on
Stop Sounding Like Every Other Brokerage in Their Inbox: 8 AI Prompts for Better Recruitment
Every agent you want to recruit is already being recruited. Their inbox is full of messages promising better splits, better tech, better culture. A lot of those messages were written by AI, and most of them sound exactly alike. The post Stop Sounding Like Every Other Brokerage in Their Inbox: 8 AI P
Impeccably Preserved Frank Lloyd Wright-Designed Usonian Lists in Minneapolis for $2.5 Million
Designed to blend into the landscape with strong horizontal lines and an abundance of natural light, Frank Lloyd Wright’s Usonian homes were built from the 1930s until his death in
U.S. Pending Home Sales Sink Near 12-Year Low
U.S. pending home sales haven’t been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers. Pending sales fell from a year earlier in every single major U.S. metro, led by Seattle and Southern California. U.S. home prices rose just 1.
How Compass’ MLS lawsuits could play out
Compass is turning its demands for rule changes from multiple listing services into lawsuits. The residential giant demanded MLSs stop fining agents for publicly marketing listings not uploaded to their systems, according to a Sept. 8 letter from Compass. The threat marks the next phase in the fir
Prop 45 would reset California housing project approval clock
Measure expands beyond housing to water, energy, transit and schools, and sets a 270-day timeline for court challenges
MBA expects two more Federal Reserve hikes, in December and Q1 2027
Fratantoni says inflation and heavy borrowing will keep 30-year mortgage rates above 7% next year
2027 mortgage originations to fall 5% to $1.99 trillion, MBA forecasts
With rates expected to stay elevated and refinances limited, loan volume is projected to drop
From $12/Hour to 3 Rental Properties and Traveling the World
Anyone can invest in real estate. You don’t need a fancy degree, a big bank account, or a high-paying job to get started. Arden Williams and his then-girlfriend were both […]
He Doesn’t Own These Rentals (But They Helped Him Quit His Job)
Most rookies think you need dozens of rentals before you can walk away from your job. But what if the fastest way to replace your income didn’t require building a […]
Ron Kamler on turnkey reverse mortgage solutions for credit unions
Kamler said a specialist partner model can help credit unions serve members without building an in-house team
Rocket CTO Shawn Malhotra on how lenders should weigh AI
The chief technology officer explains how artificial intelligence is specifically hypercharging loan officers, and how lenders should weigh investments.
Homeowner’s Guide to the Midterm Election Ballot Measures: Key Initiatives on Property Taxes, Zoning, and Affordable Housing
Voters in 10 states will have the chance to approve ballot measures this year, including a half-dozen changes to property taxes.
Mortgage Rates Hitting 8% This Year Is Not Impossible—and Yet, That Shouldn’t Be Buyers’ Biggest Concern
As mortgage rates continue to climb, buyers are concerned when they'll hit their peak. Is 8% bound to be that number?
Housing Week Ahead: Home Sales, Luxury Trends, and New Inflation Data
The coming week will bring a steady stream of housing market indicators, as well as new reports from the Realtor.com economics team.
Down payment assistance doesn’t need simplification; it needs standardization
Analysis of $6.5B in declined volume found 35% could have been salvaged with DPA options
Mortgage AI needs a standard of trust built on experience
What two decades of mortgage cycles teach lenders and technology providers about adoption, accountability and financial protection
High mortgage rates are ‘leaving a mark,’ MBA economists observe
But the association’s number crunchers still see opportunities for mortgage originators The post High mortgage rates are ‘leaving a mark,’ MBA economists observe appeared first on Scotsman Guide.
How fix and flips can be the first step to a client’s profitable portfolio
Brokers can help investors succeed with a clear plan and turn early wins into repeat business
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Denver Tech Center Office Tower Trades Hands For First Time In 14 Years
An office tower south of Denver that is 72% occupied sold to two Colorado-based commercial real estate companies.
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Miami Retail Construction Pipeline Hits Highest Level In 3 Years
Developers are building twice as much as they were a year ago as rents hit record highs.
MBA: With 7% rates into 2027, win on revenue, not cost cuts
The top mortgage lenders out-earn rivals on revenues, perhaps due to product mix and capital markets moves, not cost. For 2027, home equity is the growth play.
A New Type of Mortgage Is Reviving Long Abandoned Neighborhoods
The loan—based on potential rental income, not the borrower’s wealth—is helping real-estate investors buy and renovate homes.
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The VC Rebound Won't Save All Lab Real Estate
A shift in venture capital trends is affecting UK life sciences real estate.
Mortgage Rates Will Remain Above 7% Through 2027, Top Economist Forecasts
MBA Chief Economist Mike Fratantoni predicts mortgage rates will remain above 7% through next year, due to inflation and budget deficits.
MBA forecast: Mortgage volume to dip below $2T in 2027 as 7% rates linger
Trade group projected higher-for-longer borrowing costs, wider spreads and potential Fed hikes ahead
How to Build a Custom, Architect-Designed Home for Under $1 Million
Smart, budget-conscious trade-offs helped the homeowners in our latest series lower construction costs without sacrificing design.
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Meet The Early Movers In America's $3T Push For Manufacturing Construction
Major U.S. manufacturing projects are fueled by incentives from both Trump and Biden, including chip plants and auto factories.
Price Cuts Are the Best Concession To Motivate First-Time Buyers, Survey Finds
Forty percent of first-time buyers said a price reduction is the concession that would most boost their confidence to move forward.
One of Frank Lloyd Wright’s First Commissions Lists near Chicago for $2.4 Million
Built in 1895, the Chauncey Williams House in River Forest, IL boasts an exaggerated roof and many other wow-worthy features.
Fairy-Tale ‘Carpenter Gothic Victorian’ Hits the Market on Long Island’s Shelter Island
Built around 1875, the home boasts 2,300 square feet of living space and has been restored for year-round use.
HHHunt names CFO Ann Kelly as next CEO in 2027 C-suite reset
Buck Hunt to remain chairman and lead new venture, as executive shuffle elevates Steve Brant to CFO
YouTube Star Kris Krohn Lists Mind-Blowing $14 Million Utah Mansion With a Pool That Transforms Into a Ballroom
The six-bedroom megamansion, located in Woodland Hills, UT, boasts two connected wings and offers panoramic views of the valley.
Sunday Summary: Welcome Back, Speyer!
Back in 1997, one of the storied New York City real estate firms — Tishman Speyer — purchased one of the storied New York City properties: the Chrysler Building. Well, technically, what Tishman Speyer purchased was the skyscraper’s ground lease. The site was still owned by Cooper Union. Moreover, it
Inside San Francisco’s office cap: How a 1980s law is threatening new development
With record leasing, surging rents and investor interest, it appeared like nothing could stop the momentum San Francisco’s office market is seeing. Well, except maybe a law passed more than 40 years ago. San Francisco’s Office Development Annual Limitation Program caps the square footage that can be
A Blended Family Turned Their Love of Horses Into a $4 Million North Carolina Home
Dr. Sameh Toma and Cindy Luihn created an equestrian-themed retreat to host their six daughters and eight grandchildren.
A Blended Family Turned Their Love of Horses Into a $4 Million North Carolina Home
Dr. Sameh Toma and Cindy Luihn created an equestrian-themed retreat to host their six daughters and eight grandchildren.
‘Verity’ Production Designer Amy Williams Reveals How Modern Scandinavian Architecture Creates ‘Eerie Drama’ in the Film
The psychological thriller was shot at a stunning Scandinavian modern estate that blurs the lines between what's natural and what's built.
Have mortgage rates peaked, or will we see even more chaos?
The month of October still has plenty of variables that can be a problem for rates
A Restoration Hardware Stylist Turned an 870-Square-Foot California Bungalow into an Indoor-Outdoor Oasis
Tour designer Aaron Hom’s $750K Oakland bungalow. See how the stylist maximized an 870-sq-ft space with elevated indoor-outdoor living.
Gilded Age San Francisco Estate Built for Timber Baron Lists for $27 Million
The 7-bedroom home was completed just two years after the 1906 earthquake and fire destroyed much of San Francisco.
VIDEO: New Jersey Residents Protest $1.8B Data Center in Their Neighborhood
Residents of Kenilworth, NJ are taking to the streets to rally against the construction of a massive new data center.
The MLB Playoffs Put a Wealth Divide on Display. Housing Has One, Too.
The Dodgers and Brewers enter the NLCS with vastly different payrolls. America’s homebuyers are playing with unequal resources, too.
This $7.5M Bridgehampton Estate Has Its Own Buddhist Temple, Koi Ponds, and Zen Gardens
The 7-bedroom, 7.5-bathroom home in Bridgehampton offers stunning landscape across 4.59-acres and unique architecture.
‘Spaceship’ Dome Home Touches Down in New Jersey for Under $1 Million
Look inside this out-of-this-world $915K geodesic dome home for sale on 8 private acres in Jefferson Township, NJ, with lodgelike interior.
Famed West Palm Beach Developer Launches His Latest Luxury Offering on Clear Lake
Al Adelson, a seasoned developer with 50 years experience, is spearheading the development team behind The Berkeley Palm Beach.
Historic Homes: A Sugar Heir’s 100-Year-Old Hawaii House
In the 1910s, Sinclair Robinson settled in a simple Kauai home to manage his family’s sugar plantation.
Real, Christie’s NY add teams; C21 snaps up Arizona affiliate
A SoCal team with $750M in sales joins Real’s luxury division in San Diego. Plus, Century 21 adds 53 agents in Arizona; a Compass Chicago founder returns; more.
This NJ Town Had Plans for a 200+ Apartment Complex on an Abandoned Mini Mall. Now It’s a Movie Set.
Sydney Sweeney, Austin Butler, and Michael B. Jordan are spending time in a quaint New Jersey town being transformed for their movies.
One Acre of Yosemite Has Kicked Off a Battle Over the Future of National Parks
A developer wants to build a short road in the park for his planned resort. Opponents say it would set a terrible precedent.
Final push for approval of Tuccori opt-in deals underway
A fairness hearing in the Tuccori case is less than a month away. Plus, mandatory membership lawsuit dismissal stands; SCOTUS won’t review Zillow investor case.
Federal agencies were actively rehiring as DOGE buyout program unfolded last year
More than 20,000 buyout departures have been matched to new hires, though HUD has restored only a small share of its losses The post Federal agencies were actively rehiring as DOGE buyout program unfolded last year appeared first on Scotsman Guide.
Tariffs adding to price pressures as more families face heavy debt loads
New York Fed researchers estimate that tariffs take about a year to fully affect consumer prices The post Tariffs adding to price pressures as more families face heavy debt loads appeared first on Scotsman Guide.
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Law Firms Drive Boston Office Rents To Record Highs
Trophy office rents in Boston reach new highs, driven by law firms and a lack of new construction.
Why Over 90% of Real Estate AI Pilots Fall Short of Their Goals
Why do commercial real estate AI pilots fail? Explore how data quality, verification costs, domain models, and workflows determine success. The post Why Over 90% of Real Estate AI Pilots Fall Short of Their Goals appeared first on Propmodo.
Niki Rapattoni Set the Standard
Niki Rapattoni passed away last night. Our prayers go out to her family and all of her employees. Niki was the heart and soul of Rapattoni Corporation, living every day to deliver the legacy of the company she and her husband built. The post Niki Rapattoni Set the Standard appeared first on WAV Gro
Saving America’s Aging Homes: Inside the Bipartisan Push for HUD Repair Grants
Older homes are carrying more of the housing market’s affordability burden, even as repair and maintenance costs climb.
Ashton Woods leans into discipline as orders and margins slide
Net new orders fell 6.7% and gross margin slid to 22.7% as incentives and land costs pressured returns
Charter School Inks 56K-SF Lease in Retail Center Near Miami Suburb
Charter school network BridgePrep Academy will open another location, this time inside a shopping center in Miami-Dade County. The school operator, which has 19 locations across Florida, signed a 56,000-square-foot lease at the open-air California Club Shopping Center in Ives Estates, near Aventura
Inside eXp Con 2026: High energy, AI and a push to help agents win
Nearly 4,000 agents from 20 countries heard product launches and a Gary Vaynerchuk keynote speech on content and AI
Fed gov probe continues; bill to give agents ‘clear legal status’
The president created a new committee to investigate Fed Gov. Lisa Cook. Plus, NAR backs independent contractor bill; HUD launches fair housing inquiry; more.
Another Nice Round Trip For Bonds--Especially MBS
Another Nice Round Trip For Bonds--Especially MBS Nothing new or interesting happened today in terms of underlying events, news, or data. But the price action itself was a different story. While the moves weren't extreme, it was nonetheless notable that bond
Why immigration enforcement is colliding with the housing shortage
Builders report 60% to 80% crew losses in some markets, while September net orders fell 19.5%, Wolfe says
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Coworking Space With Golf Simulators Opens In Cherry Creek: The Denver Deal Sheet
A new golf-centered coworking space opened its second location in Cherry Creek.
Taco Bell’s Office Lease Largest in Orange County, Calif., in Five Years
Orange County, Calif.’s office market improved again in the third quarter thanks to a diverse set of corporate leases. Total vacancy improved to 15.4 percent, down from 17.1 percent a year ago, while average asking rents increased to $3.02 per square foot per month, up from $2.90 at the end of 2025,
Yves Saint Laurent to Open Store at Kering’s 717 Fifth Avenue
Luxury French fashion house Yves Saint Laurent will open a new store at 717 Fifth Avenue, a new report revealed. According to a market report released by CBRE, the Kering-owned fashion house, once known as YSL for its founder, the late Yves Saint Laurent, will open in nearly 9,600 square feet in the
‘New Girl’ Star Jake Johnson Lists Private Pasadena Retreat for $3.3 Million
The actor, best known for portraying Nick Miller on the hit comedy series, is looking to part ways with the four-bedroom home.
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3 Houston Office Properties, Vacant To Nearly Full, Change Hands
JLL reported that sales are up due to renewed interest in the Houston office market, citing 105 office sales since January 2023.
Trump Launches New Investigation into Fed Gov. Lisa Cook Over Mortgage Fraud Allegations
In a memo to Attorney General Todd Blanche on Friday, Trump directed the AG to establish a committee to investigate Cook.
A $20 Million Montana Retreat Keeps His Family Coming Back for More
Plus: Crested Butte bucks a ski-market slump, and a look inside the East Coast’s most expensive ski town.
TransUnion, Equifax debut ‘score later’ tools for mortgage lenders
New workflows let lenders pull credit files without scores and add them later
Expired Listings Aren’t Dead Leads: How to Build a Targeted Failed-Listing List
Excerpt An expired listing means the home didn't sell, not that the owner stopped wanting to. The hard part is finding the right ones and reaching them without starting from a list of thousands. In this session, Burton from PropStream walks through how to build a targeted failed-listing list, add co
Trump orders mortgage fraud probe, hearing into Lisa Cook
President Donald Trump is trying again to fire Federal Reserve governor Lisa Cook. The White House announced Friday that it was forming a committee to investigate the mortgage fraud claims made against Cook, the New York Times reported. A hearing into the matter was called for Nov. 5. The committee
Senior housing wealth tops $15 trillion for the first time
The milestone comes as borrowing costs remain elevated
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Industrious Takes Top Floors In Downtown Lease: The D.C. Deal Sheet
Also this week, Onward Investors purchased a Tysons office from Nuveen, Victor Hoskins launched a real estate consulting firm, and more.
Real Estate’s Next Threats: Consolidation, AI, Litigation—and Keeping Consumer Trust
From left, John De Souza, Christopher Pfeiffer, Dawn Pfaff and Donny Samson. Photo by AJ Canaria. WASHINGTON, D.C.—The real estate industry is feeling more like a landmine right now, with professionals carefully navigating internal and external forces that threaten their businesses. But where some
House of the Week: A Colorful Compound With a Treehouse and Mini Golf
Eschewing typical 30A beach homes, an architect created a vibrant property packed with whimsical features.
Consumer Sentiment Falls to 5-Month Low; Higher Costs Cited
The latest University of Michigan Consumer Sentiment Index, released Oct. 9, fell to 46.3 in October, down 1.8 points from September’s reading of 48.1. It was a five-month low, as various negative factors weigh on the minds of Americans. “Consumer sentiment was little changed this month, inching dow
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How U.S. Giant Realty Income Bought The UK And Europe
Discover why Realty Income is expanding into UK and Irish retail parks, driving growth with strategic acquisitions.
Mortgage Rates Officially at 2 Week Lows
Even though the underlying bond market is in slightly weaker shape today, mortgage rates ended up trickling just a bit lower than yesterday's latest levels. This can happen on occasions when there is a strong rally late in the previous day. Mortgage lenders don't end up passing along all of that imp
Industry veteran says brokers are in a tunnel, not walking the plank
Beckwith promises brokers will see the light at the end of the tunnel, but they must keep moving
Home prices resist the pressure of high rates and weak sales
Veros projects modest national appreciation through mid-2027
SmartMLS Partners with Property Shield; Brings New Listing Fraud Protection to Connecticut
SmartMLS and Property Shield—a real estate fraud detection and prevention company—announced a new partnership that will bring listing fraud detection and removal tools to more than 20,000 real estate professionals across Connecticut. The new service is expected to launch in mid-October. According to
Small mortgages are disappearing in a shrinking affordable market
A Realtor.com report reveals loans under $100,000 fell to less than 3% of all originations
Ex-Fed nominee Shelton tapped to advise Treasury's Bessent
The Department of the Treasury has picked Judy Shelton, an economist and former nominee for the Federal Reserve Board, to be a counselor in Secretary Scott Bessent's office.
Real Launches Young Professionals Division to Build Community for Next Generation of Real Estate Leaders
The Real Brokerage has announced the launch of Real Young Professionals (Real YP), a new division dedicated to connecting and developing the next generation of real estate professionals. According to a release, Shaylie Fraser will serve as director of Real Young Professionals, with Jana Pierce servi
Sue Yannaccone Says ‘Different Expectations’ After Merger, Tells Brokers to ‘Keep Powder Dry’
WASHINGTON, D.C.—Compass International Holdings (CIH) COO Sue Yannaccone has been through a pretty big transition. Serving as president and CEO of Anywhere Brands for six years, she is now leading operations for the largest real estate brokerage in the world, as it seeks to reshape the industry on a
Rents Are Falling. So Why Are More Middle-Income Renters Falling Behind?
New data show rent-payment problems rising up the income ladder as high housing costs collide with a softer labor market.
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Spirit Christmas Unveils Plans To Grow Store Count This Holiday Season
Spirit unveiled its winter-themed offshoot two years ago in a test of its reach beyond its Halloween dominance, starting with an initial run of 10 stores.
AI's Impact on Residential Construction Is Smaller Than You Might Think
The use of AI is likely to continue changing the way construction work is completed. But at least in its current form, AI does not yet have as big an impact on frontline construction work as it does in other occupations.
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Stephen Ross, Jeffrey Soffer Scrap Plans For Miami Airport Hotel Project
The developers had gone back and forth with the FAA, but to no avail. Now, the county is trying to speed up the process to get new proposals for the site.
Benutech’s Brian Fox on a blind spot in reverse mortgage servicing
The company reviewed nearly 35,000 active loans, with more than 20% receiving poor or failing grades due to severe title discrepancies
When will US housing costs return to normal?
A new Redfin analysis maps six rate-and-price scenarios for when the US mortgage payment-to-income ratio could return to 2018 levels
Northern Virginia Office Vacancy Falls Again as AI, Defense Demand Builds
Northern Virginia’s office market continued to tighten in the third quarter as more demand from artificial intelligence, technology and defense tenants bolstered weaker leasing activity. The market posted 672,378 square feet of positive net absorption during the quarter, reversing losses from the fi
WFG expands DecisionPoint with automated refi title commitments
The expansion aims to improve turnaround times and processing efficiency
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Deutsche Hypo Finances Zadelhoff's Amsterdam Offices With €75M Loan
The 10-year loan will be used to finance five properties across Amsterdam, including the Havengebouw, a protected heritage monument building in the city center.
Jeff Bezos gives his take on housing market problems
The world’s second-richest man is getting involved in the debate over housing affordability. Amazon founder Jeff Bezos expressed sympathy for those priced out of the market, but cautioned against blaming landlords for the problems experienced today, Yahoo Finance reported. Bezos made his remarks dur
Stop saying recapture
Lenders keep chasing customers they never gave a reason to stay
Top 10 U.S. States with Largest Annual Increase in Foreclosure Starts in the August 2026
ATTOM’s August 2026 U.S. Foreclosure Market Report reveals the top 10 states with the largest annual increases in foreclosure starts. The post Top 10 U.S. States with Largest Annual Increase in Foreclosure Starts in the August 2026 appeared first on ATTOM.
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Hurricane Isaias Puts More Than $40B In Multifamily Property In Its Path
Isaias is set to hit the Gulf Coast, projected to impact almost $72B in commercial properties in Alabama, Florida and Mississippi.
Trump escalates Lisa Cook feud, forms committee to investigate mortgage fraud allegations
Cook’s legal counsel shares ‘grave doubts’ about the legitimacy of a planned hearing at the White House The post Trump escalates Lisa Cook feud, forms committee to investigate mortgage fraud allegations appeared first on Scotsman Guide.
CRE finance executives brace for a tougher year ahead
Optimism evaporates as the sector confronts higher rates, maturing loans and weaker fundamentals, new survey reveals The post CRE finance executives brace for a tougher year ahead appeared first on Scotsman Guide.
Glenn Sanford steps down from eXp’s parent company
It’s deja vu all over again at eXp Realty’s parent company, where Glenn Sanford is ceding leadership to Leo Pareja for a second time. At a company gathering this week, the eXp founder announced that he was stepping down as chief executive officer of the brokerage’s parent company, Inman reported. Pa
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Grafton Place Scheme Comes To Market Again, Guiding At €250M
Grafton Place, the mixed-use office, retail and leisure development in central Dublin, is being offered for sale, guiding at around €250M.
Consumers’ inflation expectations move higher as cost-of-living frustrations build
University of Michigan survey highlights mounting anxiety over prices and the cost of living The post Consumers’ inflation expectations move higher as cost-of-living frustrations build appeared first on Scotsman Guide.
Tour This $3.5 Million NYC Landmark Penthouse With a Sprawling Private Terrace, Outdoor Shower, and Garden
Located in a historic landmark, this $3.5 million listing offers plenty of features that are rare to find in Manhattan.
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KKK Headquarters To Cultural Hub: $70M Project Bets On Fort Worth Northside Revival
Some in Fort Worth wanted to demolish the former KKK HQ, but Transform 1012 plans to convert it into a cultural center that could help with a Northside revival.
S3 Capital Supplies $20M for Boutique Miami Beach Condo
Trinity Southern has closed on the purchase of a development site and nabbed a $19.5 million construction loan for a boutique condo development on the waterfront in Miami Beach, property records show. S3 Capital provided the financing for the eight-story development, called Twenty Nine Indian Creek,
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Braemar Inches Closer To Ashford Breakup With $372M Hotel Sale
Braemar sold the Four Seasons Resort Scottsdale for $1.8M per key, which it says will allow it to complete its breakup with its manager, Ashford.
Sleepy Hollow Homeowners Brace for Spooky Season Onslaught of Halloween Crowds
Every October, thousands of tourists descend upon Sleepy Hollow, NY, for "spooktacular" celebrations surrounding Halloween.
Trump establishes committee to investigate Fed's Cook
President Donald Trump announced the formation of a committee to investigate allegations of mortgage impropriety by Federal Reserve Gov. Lisa Cook in an effort to remove her from office.
Legendary Chicago Bears Coach Mike Ditka Dies at 86 Inside Chicago Condo—Less Than 2 Years After Selling Florida Home
The former NFL player and coach died on Oct. 9, at 9 a.m., surrounded by family and friends inside his Chicago condo.
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Workers At 6 Chicago Hotels Go On Strike Ahead Of Chicago Marathon
Unionized workers at six hotels across the city walked off the job Friday morning amid negotiations for improved wages, benefits and worker protections.
Mortgage Mix: Rates Rise to Mid-7%; Garg Celebrates Win Over Better
Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: Mortgage rates continue to reach new highs each week, quickly climbing in the 7% range and hitting a “nearly three year high,” as noted b
Trump forms panel to investigate Fed’s Lisa Cook over mortgage fraud claims
The panel will hold a Nov. 5 hearing and could recommend her removal “for cause"
Trump committee targets Fed governor Cook over mortgage fraud claims
A panel of White House appointees will convene a formal hearing on alleged false mortgage statements before the November midterms
Former Morgan Stanley CEO Lists Converted N.Y.C. Carriage House for $80 Million
John Mack and his wife, Christy Mack, spent six years overhauling their Upper East Side home, now the priciest townhouse for sale in the city.
Looking for an Affordable Starter Home? Here Are 5 Homes You Can Buy Right Now for Under $400K
From North Carolina to Colorado, we have found five affordable starter homes available for as little as $290K.
Polly and Hedging, Database, Equity, CE, Fulfillment Tools; Prepayments; Dart Acquires ACT
As Robbie and I prepare to head to Chicago this weekend for the “MBA National,” yesterday I was speaking with someone at the bar at Legs Inn in Northern Michigan. (Yeah, it’s somethin’.) We shouldn’t be afraid to talk about the economy, or politics, and I told her that I’ve been in capital markets f
Heather Dubrow Reveals Luxury Hotel Room With Cardboard Taped to Windows: ‘Have We Fallen on Hard Times?’
"The Real Housewives of Orange County" star, who is currently renovating two tandem penthouses, had some critiques for the Four Seasons.
How commercial brokers can help ease the Sun Belt's apartment hangover
Loans that can't wait for a recovery are a broker opportunity, says First American's Xander Snyder
Citibank loses 20-year-old Brooklyn foreclosure over botched service of process
Two weekday attempts and no follow-up undid nearly two decades of default
Law firm’s attorney lien claim on foreclosure surplus funds falls flat
A $1.23 million sheriff’s sale, $25,373 left over, and two parties fighting for it
US Bank Trust wins eight-year Hawai’i foreclosure after homeowner files fake citations
Three summary judgment rounds and an appellate brief full of made-up cases
Lender’s foreclosure stumbles over how it named an incapacitated borrower
A guardian tried to remove the borrower from the case. The appeals court said no
Manhattan’s Office Sector Has Become the Corporate World’s Surest Bet
With every new Manhattan office report of late, the good news flows like lava. Leasing volume was up 2.3 percent in the third quarter from the same time last year. Vacancy was at 12.6 percent — the lowest level since before 2020 — down from 13.1 percent at the end of the second quarter and […]
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Lone Star Gets Going On €216M Portfolio Sell-Off
Lone Star Funds sold De Hoeve in Eindhoven to Eagle Real Estate. The complex was part of Lone Star's recently acquired Dutch residential portfolio.
SERHANT launches AI avatar; Ruuster unveils unified platform
The brokerage said it will publish original content using Serhant's voice and likeness. Plus, Texas Realtors revamps website; Property Shield, SmartMLS partner.
Podcast: 7.5% Mortgage Rates ‘New Normal’ Until Geopolitical Issues Resolved
On the latest episode of NAHB podcast Housing Developments, NAHB Chief Economist Dr. Robert Dietz joins CEO Jim Tobin and COO Paul Lopez to discuss the latest economic forecasts and how they have changed this year due to geopolitical turmoil.
Mortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 7.4% Rate
As borrowing rates edge closer to historical highs, today’s landscape requires careful financial planning.
Trump appoints committee to investigate statements by the Fed's Lisa Cook
Trump tried to fire Cook, a nominee of former President Joe Biden, but the Supreme Court blocked his first attempt.
Place rivals mortgage fintechs with Ardley acquisition
The move brings yet another real estate platform under the company's wing, which claims to have 20% of the nation's homeowners in its ecosystem.
Why AGNT sees NextHome as a growth platform, not a synergy play
Pareja said AGNT bought a platform it plans to grow, while NextHome said key gating issues have been resolved post acquisition
Wall Street is pitching data centers as a major real estate bet. The risks are piling up
Wall Street firms are bringing AI data center investments to public markets as political, liquidity and project risks grow.
EXCLUSIVE: Orlando Bloom’s Former Beverly Hills Home Sees Asking Price Trimmed by $2,000
Bloom snapped up the four-bedroom, four-bathroom property in 2017 for $7 million, then made his first attempt to sell it two years later.
Law Firm Seward & Kissel Signs 171K-SF Renewal at One Battery Park Plaza
Seward & Kissel is staying put in the Financial District. The financial services law firm has renewed its 171,112-square-foot office lease for a term of 11 years with Rudin Management and Allianz Real Estate at One Battery Park Plaza, according to CBRE’s office report for the third quarter of 2026.
Slightly Weaker Start. Keep 3-Day Weekend in Mind
After yesterday's nice comeback, here's how we're thinking about today. Fridays before 3-day weekends: frequently see a move to the sidelines among certain investors. Traders who were tactically long bonds over the past 2 days could be booking profit. Translation: some of the strength over the p
How REMAX Victory Broker Created His Own AI Operating System
Tyler Morton runs REMAX Victory + Affiliates, just under 200 agents across Ohio, Kentucky, and Indiana. When we talked at the RISMedia CEO & Leadership Exchange, he described an AI strategy I have not heard from any other broker in America. He did not buy an AI platform. He built one. The post How R
Early Look at Local Housing Markets in September
Note: The recent surge in mortgage rates will likely impact signed sales in September and October, however, since sales are reported at closing, the negative impact will not show up in this report.
Exclusive: PLACE acquires Ardley, adds AI recapture tech tool
Deal extends PLACE's push to build a connected mortgage operating system
Remodeling sentiment steady as labor, economic headwinds build
NAHB expects remodeling activity to hold steady in 2026 and grow modestly in 2027
The Lazy Investor’s Guide to Finding Rental Properties
This is how to find investment properties the lazy way. Many of us work full-time jobs, have kids, or juggle a lot of responsibilities, so we can’t dedicate days each […]
Cash Flow vs. Appreciation: What Matters Most in 2027 (Rookie Reply)
Should a rental property put cash in your pocket each month or build serious wealth over time? Cash flow versus appreciation is the oldest debate in real estate investing, but […]
Rocket, United Wholesale Mortgage add new members to c-suite
NEXA Lending also welcomed Andrew Deyo as leader of its Business Development Marketing program, and Flyhomes added three members to its leadership team.
Global Bond Markets Are in Meltdown—Here’s Why U.S. Homebuyers Should Pay Attention
For the past month, global bond markets have been in the grips of a historic sell-off triggered by a tangle of complex economic issues.
America’s Hottest Market No More: This New England City Just Dropped Out of the Top 20
Driven by a slowing market pace, longtime leader Manchester, NH, dropped out of the top 20 real estate markets.
Build vs buy: The traps and benefits that no one wants to talk about
A practical build vs buy framework for mortgage leaders deciding how much tech they really want to own
RIP Niki Rapattoni
She’s with Andy now and I think that’s where she always wanted to be. My condolences to her family. She was always so sweet to me and proud of what she and Andy created. I enjoyed our many conversations, and her trust. RIP Niki. 😢 The post RIP Niki Rapattoni appeared first on Vendor Alley.
Dear CRE Brokers, Stop Making Bad Software Work
Commercial real estate brokers often force ill-fitting CRM software to work. Learn how to audit workflows and choose tools built for complex CRE deals. The post Dear CRE Brokers, Stop Making Bad Software Work appeared first on Propmodo.
Federal Probe Challenges Race-Based Mortgage Programs at Major Lender
HUD opens probe into Wells Fargo's race-based mortgage programs, questioning whether efforts to boost Black homeownership violated fair-lending laws. The post Federal Probe Challenges Race-Based Mortgage Programs at Major Lender appeared first on Propmodo.
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TikTok Inks 1M SF Warehouse Lease: The Atlanta Deal Sheet
Nike and Google also leased in excess of 1M SF of warehouses in Metro Atlanta.
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SFF Realty Partners Extends Spending Spree With $82M Acquisition In Downtown San Jose
SFF Realty spent $160M on properties in Sunnyvale and Santa Clara in Q3.
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Proposed EPA Rule Change Could Cut Months From Timelines Of Projects Near Wetlands
State-level regulations would still be in place, setting up a patchwork of rules for developers to follow.
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Years Later, Millions In Chicago Housing Projects Remain Unbuilt
As of mid-September, only two of the 13 projects allocated credits in Chicago’s 2023 LIHTC funding round had closed and were under construction.
eXp Realty and Newrez Announce Revenos Mortgag Joint Venture
At Salt Lake City’s eXpcon on Oct. 8, eXp Realty and Newrez announced a new mortgage joint venture, Revenos Mortgage. According to a release, the project is powered by Newrez and designed to serve eXp Realty agents and their clients. The joint venture brings together eXp’s national brokerage scale a
Crested Butte’s Luxury Home Market Is Defying a Ski-Town Slowdown
Wealthy buyers are building multimillion-dollar mountain compounds around the historic coal-mining town, driving pushback from some longtime locals.
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NYC Is Building Hotels Again. It May Not Be Enough
With NYC’s hotel pipeline down to a third of its 2020 size and tourism nearly back to its record, industry leaders say the city may soon be "under-hoteled."
Investor mortgages are thriving with typical homebuyers sidelined
Lenders are flocking to a market that the White House moved to curtail. Rental investors are reaping the benefits. The post Investor mortgages are thriving with typical homebuyers sidelined appeared first on Scotsman Guide.
Industry Watch: Lenders locking down conforming loan limits
Vice Capital Markets, TransUnion and NAMB are among the other mortgage-related entities with notable news over the past month The post Industry Watch: Lenders locking down conforming loan limits appeared first on Scotsman Guide.
America’s Favorite Countertop Could Be on Its Way Out. What Could Replace Quartz?
A deadly worker health crisis threatens quartz’s future—and could force homeowners to rethink America’s favorite countertop.
The Problem Isn’t Your Leads. It’s Your Follow-Up Process
Most agents assume their lead problem is a lack of leads. For a lot of them, the real problem starts after the lead comes in. In this session, Gustavo Ramirez of Power ISA explains why only about 3% of leads are ready to transact today, and the follow-up system top teams use to stay with the other 9
Inside Peyton Manning’s Multimillion-Dollar Real Estate Portfolio: From a $4.6 Million Colorado Mansion to a $5.3 Million Second Home
The former Indianapolis Colts and Denver Broncos star, who retired from professional football in 2016, has invested millions in properties.
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Drawbridge Realty Acquires 180K SF Office Building In Sunnyvale For $219M
Drawbridge Realty's $219M Sunnyvale office acquisition highlights AI-driven office growth across the Bay Area.
Law Firm Morgan & Morgan Signs 71K-SF Lease at One Seaport Plaza
Personal injury law firm Morgan & Morgan has signed a 70,602-square-foot lease at 199 Water Street, also known as One Seaport Plaza, according to third-quarter Manhattan office reports from Colliers and CBRE. Morgan & Morgan will move from a sublease to a long-term direct lease as part of the new de
Inside Julianne Moore’s New York City Rooftop Apartment With Spectacular Views, Peculiar Art, and Ikea Furniture
The actress gave a tour of her stunning apartment, which features pieces she's been carefully curating since 1995 and beyond.
City National Bank of Florida Sells Former HQ in Coral Gables After Moving Out
After moving across the street earlier this year, City National Bank of Florida has sold its former headquarters in Coral Gables, Fla., for $39 million, property records show. Nonprofit hospital operator Baptist Health South Florida purchased the four-story office building at 2855 South Le Jeune Roa
Waller breaks with Warsh on Fed forward guidance, hints at October rate hold
Fed governor favors indirect forecasting with ‘the flavor of forward guidance’ The post Waller breaks with Warsh on Fed forward guidance, hints at October rate hold appeared first on Scotsman Guide.
In best-case scenario, ‘normal’ housing market still 2+ years out
A Redfin analysis finds the housing market could return to a 30% mortgage-rate-to-income ratio by early 2029 — but only if conditions start improving quickly.
Distressed DC office sells for well below debt on property
The “path to ownership” included in the marketing of a Washington, D.C. office building near Capital One Arena is being made good by a pair of buyers. A joint venture between Assembly Real Estate and investment firm FitzWalter Capital acquired the property at 700 Sixth Street NW in the district, the
Buying With Weak Credit: Financing Options From Best to Worst
The number is getting worrisome for buyers. This week Freddie Mac posted the new mortgage rate of 7.40%. Gulp. That’s a three-year high. Luckily for Americans with imperfect credit they have more mortgage routes to investigate, but the easiest lender to say yes may also be the most expensive one to
Yields "Plummet" to Best Level In...
Yields "Plummet" to Best Level In... 4 trading days... All the way back on October 2nd (last Friday), intraday lows were 5.151%. In other words, today's rally was definitely nice and definitely worth discussing, but if we're witnessing the inception of
HUD outlines 7 steps to update manufactured housing code
The 7-step plan follows July’s ROAD to Housing Act change, rulemaking and HUD code updates could take 1-plus years
Westwood Financial Pays $56M for Huntington Beach, Calif., Shopping Center
Westwood Financial has bagged a grocery-anchored shopping center in Huntington Beach, Calif., for approximately $56.2 million, adding one of Orange County’s tightly held coastal retail properties to its portfolio. Real estate giant Blackstone sold the 95,416-square-foot Peninsula Marketplace for abo
A real estate succession plan built over two decades
For business owners planning their own succession, overlap of institutional knowledge is invaluable
Mortgage Rates Near 2-Week Lows After Biggest Daily Drop in 3 Months
Mortgage rates moved lower today at their fastest pace in 3 months with the average top-tier 30yr fixed scenario ultimately falling 0.09%. There were thrills and chills along the way as well. The day actually began with a 0.01% INCREASE versus yesterday's latest levels. This highlights a unique asp
Newrez JV with eXp brings 340K agent deals into play
Newrez's Revenos Mortgage JV with eXp Realty, its 14th, taps a network that closed 340,000+ sides last year, as the lender touts disclosures amid rising RESPA steering suits.
Trump Administration Unveils New Steps To Bolster Manufactured Housing
HUD wants to update energy efficiency standards, update design and construction codes, and help scale the industry.
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Deutsche Bank Files $260M Foreclosure Suit For Broward County Mall
Borrower BGRE, formerly Brookfield Properties, asked for a three-year extension on the loan for Pembroke Lakes Mall but was denied.
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Developers Scheme To Build More Housing Units As NYC's Tax Incentive Ages
Developers are considering splitting multifamily rental buildings into separate condos to stay under unit count thresholds and keep construction costs down.
Developers Scheme To Build More Housing Units As NYC's Tax Incentive Ages
Developers are considering splitting multifamily rental buildings into separate condos to stay under unit count thresholds and keep construction costs down.
Proprietary reverse mortgages are helping clients in ways that HECM can’t
Mutual of Omaha wholesale leaders explained how SecureEquity is helping senior homeowners with obstacles to HECM qualification
Leo Pareja says rising rates have already prompted a housing collapse
AGNT CEO said existing home sales could dip below 4 million in 2027 if mortgage rates top 8%
Lenders tighten credit as rate hikes shrink refi market
Among the products disappearing from menus in September included those for cash-out refis and investor home purchases, the Mortgage Bankers Association said.
Texas indie joins KW network; SERHANT expands to Illinois
The move adds a $111M team to the franchise network. Plus, SERHANT launches Chicagoland office; The Agency Vail opens; Real unveils young agent program; more.
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Downtown Los Angeles Retail, Office Hub The Bloc Up For Sale
The Bloc, a major retail and office hub in DTLA, has an Alamo Drafthouse, a Uniqlo, restaurants and 730K SF of office space.
Michael Douglas Reveals Kobe Bryant Frequently Visited Wife Catherine Zeta-Jones’ L.A. Home Before They Married
The 82-year-old actor made the surprising revelation in his new memoir, "One Helluva Ride," recalling how Bryant lived near Zeta-Jones.
Tech Giants Adopt Community Concessions to Advance Data Center Pipelines
Amazon drops NDAs with municipalities and pledges $1 billion for data center host communities as Phoenix sites remain undeveloped. The post Tech Giants Adopt Community Concessions to Advance Data Center Pipelines appeared first on Propmodo.
Vidal Discusses ‘Opportunity of a Lifetime,’ What’s Next for REMAX
Above, Alex Vidal, right, and John Featherston at RISMedia’s CEO Exchange. Photo by AJ Canaria. Five months after the April announcement of the Real Brokerage acquiring the iconic REMAX brand, Alex Vidal, former president of ERA Real Estate, was announced as the new president of REMAX in September.
Housing market wobbles into shaky fourth quarter
Home sales likely to remain below year-ago levels through year’s end, according to Zillow’s chief economist The post Housing market wobbles into shaky fourth quarter appeared first on Scotsman Guide.
UWM Announces Lender Now Defaults to Borrowers’ Best Credit Scores
In an effort toward making credit evaluations simpler and more borrower-friendly, mortgage lender United Wholesale Mortgage (UWM) has announced a process enhancement that automatically selects the best credit score returned for a consumer by obtaining FICO® Scores and VantageScore® 4.0 on all credit
Could the data center boom actually be a bubble?
Investment is flooding into AI infrastructure, but one commercial lending executive sees potential trouble ahead
Future-Proof Your Home Purchase: How To Uncover Secret Construction Before Buying
Can homebuyers figure out what changes and developments might come to their prospective street before they happen?
Century Communities HistoryMaker deal bodes scale pressure shift
The deal could lift Century from 200 to 300 closings to 800, with a path toward 1,000 in DFW
LoanDepot pact points to option for funding in tough market
The uncommitted financing based on REO assets has some risks to manage, but can serve as a less expensive borrowing source as mortgage business strains grow.
eXp’s Leo Pareja to Lead AGNT as Glenn Sanford Steps Down
Above, Glenn Sanford, left, and Leo Pareja eXp Founder Glenn Sanford, chairman and chief executive officer of AGNT, Inc.—the parent company of eXp Realty and NextHome Inc.—announced Thursday that eXp CEO Leo Pareja will take the reins of the parent company, according to a news release. The leadersh
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Distress Divide: How Private vs. Institutional Investors Are Thinking About D.C. Office
There’s a divide between how institutional investors and private capital are thinking about taking advantage of D.C.'s office market in the post-pandemic reset.
How Zillow is helping make it easier for builders to build
From Congress to city permitting desks, Zillow is advocating for clearer rules, lower costs and more homes to ease America’s affordability crisis.
Loan modification again highlights Bank OZK exposure
A familiar warning light is flashing for Bank OZK, a lender that has come under scrutiny for its deep exposure to real estate. Analysts at Citigroup flagged a Bank OZK loan modification tied to IQHQ’s Research and Development District development in San Diego, Bisnow reported. The analysts claimed t
Private Equity Firm Brenton Point Inks 9K SF at Marx Realty’s 10 Grand Central
Marx Realty has signed two new office deals at its 10 Grand Central property totaling 14,000 square feet, the company announced Thursday. In the largest deal, private equity firm Brenton Point Capital Partners will relocate to 10 Grand Central from 900 Third Avenue and occupy 9,000 square feet on t
VIDEO: Inside the 3D-Printed Factory Home Built in Just 24 Hours
Azure Printed Homes, based in Gardena, CA, 3-D prints homes from recycled plastic. Time named it one of the best inventions of 2025.
Zak Bagans Buys Famed Underground Las Vegas Cold War Bunker for $4.55M—With Plans for a New Museum
Ghost Adventures host Zak Bagans buys Las Vegas’ iconic Cold War-era Underground House for $4.55M, planning a new subterranean museum.
‘Silver Tsunami’ Will Release 13.9 Million Homes Into the Market. What Will It Do for Homebuyers?
Almost 14 million homes are expected to be released by aging Americans into the market over the course of the next decade. This mass wave of relinquishment, sometimes termed the “Silver Tsunami,” may bring hope for a woefully under-supplied housing market and thereby also relieve some of the afforda
Global Design Firm Perkins&Will Takes 51K SF at 135 West 18th Street
Global design and architecture firm Perkins&Will has inked a 50,680-square-foot lease at 135 West 18th Street, also known as the Altman Building, in Manhattan’s Chelsea neighborhood, Commercial Observer has learned. The firm signed a 15-year lease to relocate from 1250 Broadway, and will occupy the
Jemal-Led JV Plans 323-Unit Office-to-Resi Conversion in D.C.
Jemal Real Estate, DivcoWest and JLS Capital have formed a joint venture to extend the wave of office-to-residential conversions in Washington, D.C. The JV plans to convert a 342,000-square-foot office building at 1255 23rd Street NW in D.C.’s West End into 323 apartments — including about 36 afford
Zoning Data Company Land Use Labs Launches to Standardize Zoning Codes Across Six Key Products
Above, Sara Bronin Global tensions and economic pressures pushed builder sentiment lower this past September, but a new platform may offer respite for developers, researchers and property owners. Land Use Labs—a zoning data and services company—launched early last week with six data products aimed a
AI Financial Platform Brex Inks 94K-SF Lease at GFP’s 200 Varick Street
Brex, an AI-powered financial platform, is moving into a new office in Manhattan’s Hudson Square neighborhood. The San Francisco-based artificial intelligence firm, which provides corporate cards, expense management software and business cash management accounts for new companies, has signed a lease
It's still a good time to buy in NYC's 'resilient' market, executive says
Guzman on keeping fear and rates out of buyer conversations as prices rise and sales fall in Q3
Glenn Sanford steps down as AGNT CEO, passes baton to Leo Pareja
Sanford, who founded AGNT (formerly eXp World Holdings) in 2009, will continue to serve as board chair, while eXp Realty CEO Pareja will lead the enterprise.
Data Centers: There’s So Much to Talk About
All eyes were on the most controversial asset class in America during Commercial Observer’s Data Centers Development and Infrastructure Forum, held Oct. 6 in Midtown Manhattan at the City University of New York Graduate Center. Experts across data center law, construction, investment and developmen
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After Years Of Rising Vacancy, Kendall Square Starts To Gain Momentum From AI
Kendall Square, Cambridge's longtime tech hub, has suffered from rising vacancy, but it landed a trio of new AI leases and shows signs of more demand coming.
Leo Pareja named CEO of AGNT, Glenn Sanford steps down
After 17 years of building the business, Sanford said AGNT can now run without his direct involvement
Hurricane Isaias: These Homeowners Are in the Path of the First Hurricane of the 2026 Atlantic Season
Hurricane Isaias, the first hurricane of the 2026 Atlantic season, is rapidly making its approach to the Gulf Coast of the United States.
IBS Remodeled Show Home Uses Comprehensive Approach to Boost Efficiency
The New American Remodel 2027 will be much more than a beautiful show home. It will highlight just how far building products and techniques have advanced in a relatively short period of time.
Inside the Amenity-Filled 26-Acre New Jersey Compound Headed to Auction Without Reserve
The luxury property is filled with stunning features such as a two-story guest cottage, a pool house, and a movie theater.
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Heitman, Andover Target Self-Storage With New Investment JV
The Heitman and Andover Properties joint venture launched with a portfolio of 106 self-storage properties across 16 states, with plans for expansion.
Fed's Waller flags further rate hikes with flexibility on timing
Fed Governor Christopher Waller says more hikes lie ahead as inflation holds above 2%, with no fixed schedule for tightening
More rate hikes are coming, says Fed's Waller
Fed governor sees more central bank moves ahead as inflation holds above 2%, with no fixed schedule for tightening
MLS Leaders Look to Shape Future of MLS Policy Through Advocacy
But Jessica Edgerton, the new CEO of the Council of Multiple Listing Services (CMLS), wants to change all that. Edgerton tells RISMedia she sees an urgent need at a pivotal time to get in front of lawmakers and regulators to ensure that MLSs have a seat at the policymaking table. If anyone is up for
Building a Premium Engine: How Premiere Plus Realty Found the Right Tech Partner for Scale
Above, Jillian Young When you’re running a brokerage with more than 1,500 agents producing $3 billion-plus in sales volume and over 5,000 transaction sides per year, technology isn’t just a nice-to-have—it’s the engine that powers everything. For Jillian Young, president of Premiere Plus Realty, tha
Richard Gere Opens Up About His New Life in Spain With Wife Alejandra Silva—as He Reflects on the Dark Side of Hollywood Fame
The 77-year-old, who now divides his time between Spain and upstate New York, offered a candid glimpse into his personal life.
30-year mortgage rate hits three-year high for seventh straight week
Seven weeks of consecutive increases have driven borrowing costs to levels last seen in 2023, deepening the housing affordability crisis
New eXp agent tools simplify showing swaps and AI integrations
“ShowGo” aims to streamline tour and open house coverage requests, while “MCP First, AI of Choice” allows agents to continue using their preferred AI tools.
HUD targets Wells Fargo over race-based lending efforts
Wells Fargo’s attempts to increase opportunities for Black homeowners is drawing a rebuke from an administration making a habit of dismantling diversity initiatives. The Department of Housing and Urban Development launched an investigation into the bank for its decade-long programs aimed at boosting
Mortgage rates keep spiking, but could ease by year-end
The 30-year fixed rate mortgage increased 12 basis points this week, following a 25 basis point gain seven days prior, as Treasury yields stay elevated.
Homeowner hits Fay Servicing with $25m suit alleging dual tracking
Fay Servicing told him to reapply. Two weeks later, the sale was still on
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U.S. Multifamily Market Regaining Its Balance As Yearslong Supply Wave Tapers Off
The demand-supply gap has narrowed to 13,000 units, the smallest in more than a decade.
Mortgage credit availability declines slightly in September
Lenders reduced offerings that allow for cash-out refinances and investor home purchases
Terra-Led JV Lands $507M Construction Loan for South Beach Condo Before Pre-Sales
A Terra-led partnership has scored a $507 million construction loan for a waterfront condo tower in Miami Beach — even before launching sales. The financing from Adi Chugh’s Tyko Capital covers the 28-story, 106-unit development at 1250 West Avenue, along South Beach’s western waterfront facing Bis
Borrower alleges UWM ignored her billing dispute, then wrecked her credit
Seven counts. One letter UWM allegedly never answered
MRED, NoCoast MLS partner to expand Midwest market access
MRED and NoCoast MLS teams are already working on the technical implementation of the partnership
Six things Mat Ishbia would do as a loan officer in this market
He says none of it depends on rates, and it begins with one question
Couple sues Rocket Mortgage and Flagstar over bungled HELOC transfer
Three suspensions. Three different reasons. One credit line nobody could figure out how to pay
PulteGroup expands Explore by Del Webb to Utah
The new Explore by Del Webb lifestyle brand to will bring about 900 homes to Utah’s Jordanelle Ridge near Park City
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Clarion Hires Prologis Executive To Lead Power Strategy
Clarion Partners hires Magesh Srinivasan to drive new energy strategies in real estate.
Mortgage credit access is increasingly hard to come by
Pullback in conventional programs points to resilience of non-agency segments The post Mortgage credit access is increasingly hard to come by appeared first on Scotsman Guide.
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Scottish Castle In Middle of Growing Controversy Over Data Centre Development
The planned demolition of a Scottish castle for a data centre has sparked controversy over digital infrastructure growth.
eXp to launch mortgage offering, listing-prep loan program
The brokerage is partnering with Newrez LLC to roll out Revenos Mortgage early next year. It also introduced “eXp Ready,” a short-term loan product for sellers.
eXp Realty and Newrez form Revenos Mortgage joint venture
Revenos is slated to go live in early 2027
eXp Realty doesn’t want to build another chatbot. It wants to connect to yours
Agents can authorize connections inside their preferred chat tool, reducing manual exports and repeated data updates
Mortgage Rates Hit New 3-Year High as Fed Official Says More Hikes Are Needed
The average rate on 30-year fixed mortgages climbed to 7.4% for the week ending Oct. 8, up 12 basis points from last week.
SoCal Native tribe buys sprawling Phoenix-area resort as it ramps up non-casino hospitality investment
A Southern California Native American tribe bought one of the most recognizable resorts in the Phoenix area. The San Manuel Investment Authority, the investment arm of the Yuhaaviatam of San Manuel Nation, purchased the Fairmont Scottsdale Princess resort in Scottsdale, the Phoenix Business Journal
Mortgage credit availability slips as lenders tighten standards
Conventional and jumbo loan programs both contracted in September, with cash-out refinance and investor offerings scaled back
HUD Announces 491 Arrests in Yearlong Effort To Find Fugitives in Public Housing
The U.S. Department of Housing and Urban Development says it helped apprehend almost 500 fugitives in a "multi-agency, multi-month" effort.
TJ Maxx Signs 29K-SF Deal to Replace H&M at 150 East 86th Street
Discount department store T.J. Maxx is replacing H&M in a busy retail spread on Manhattan’s Upper East Side, Commercial Observer has learned. T.J. Maxx has signed a lease for 28,837 square feet at Extell Development’s retail condominium unit at 150 East 86th Street, according to tenant broker Ripco
Dwight Capital Refis Pennsylvania Apartments With $34M HUD Loan
Vanguard Development has landed $34 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to refinance a multifamily property in south-central Pennsylvania, Commercial Observer has learned. Dwight Capital closed the HUD 223(f) loan backed by the Reserve at Willow Ridge apartm
Non-Agency Execution, Processing, UAD 3.6, Servicing, VA Loss Mit Products; Credit Pilot Webinar
“My friend is an EMT, and she's amazing on trivia night. She's usually the first responder.” The United States is full of trivia. Did you know that part of Florida is in the Central Time Zone? (Fourteen states are in more than one time zone!) Do you know what Brad Pitt, Tom Cruise, Kenau Reeves, and
Toll Brothers Buys West Chelsea Development Site for $45M
It looks like there’s more luxury housing coming to Manhattan’s swanky West Chelsea neighborhood. Homebuilder Toll Brothers, through its Toll Brothers City Living condo development division, has acquired a development site at 126-128 10th Avenue and next-door 456 West 18th Street from longtime owne
MRED and NoCoast MLS: A New Model for MLS Collaboration Across State Lines
I love seeing two of my favorite MLSs find new ways to work together across state lines! Les Sulgrove, who leads NoCoast MLS in Iowa, is one of the most passionate and committed MLS leaders in our industry. He is always looking for ways to deliver more value to the brokers and agents he serves. The
FHA lending to nonpermanent residents has dropped in the wake of HUD’s rule change
ICE data shows the FHA purchase share for this group fell from 5.8% to 0.1% after a rule change in May 2025
New law targets spam calls fueled by mortgage trigger leads
Credit bureaus once freely sold homebuyer data to strangers — a 2026 federal law now limits who can access it
New Jersey bill lets homeowners carry their mortgage rate to a new home
The pilot program would let borrowers keep their rate when they move
US Bank loses foreclosure after failing to prove HUD compliance
The appellate court unwound the whole chain - sale order and all
Titan Capital beats borrower's breach and fraud claims, wins fee shift
Three defaulted loans, a failed lawsuit, and an indemnification clause that bit back
Bank of America wins reverse mortgage foreclosure over false occupancy claims
Years of false certifications backfired when the family tried to block foreclosure
He Built a $20 Million Mountain Home With Custom Suites Designed by Each Daughter
A billionaire developer created a custom Montana retreat where his three adult daughters customized their own suites.
WATCH: Trailer for Peacock’s Alexander brothers documentary
A new documentary details Oren, Alon and Tal Alexander’s rise through the ranks of luxury real estate and private security in Miami and New York — and the scores of allegations they drugged and raped dozens of women over a decade before facing a federal conviction earlier this year. Peacock is set t
Prince Harry Reveals He ‘Slipped Into Depression’ and Could Barely Function at Home After Moving to Canada With Meghan Markle
The royal admitted that the sudden absence of stress left him struggling to carry out even the simplest tasks around the house.
AI Platform Synthesia Moves HQ to 50K SF at GFP’s 675 Avenue of the Americas
Artificial intelligence companies are continuing to scoop up Midtown’s premiere office space. AI video platform Synthesia, which provides an enterprise-focused communications platform backed by “Shark Tank” entrepreneur Mark Cuban, inked a 50,000-square-foot lease at GFP Real Estate’s 675 Avenue of
New partnership points to how AI can be used in hedging
Brandon Story, a former Mr. Cooper exec, has teamed up with Polly to apply artificial intelligence to operations in this area.
Emerging Signs that Asking Rents are Near a Bottom
Every month I review rents and vacancy rates.
70% of mortgage executives just told you the future
Are we creating strategic optionality?
Remodeling Market Sentiment Remains Stable in Third Quarter Despite Headwinds
The National Association of Home Builders (NAHB) released the NAHB Remodeling Market Index (RMI) for the third quarter, posting a reading of 62—up one point compared to the previous quarter.
Heating oil shock puts a new squeeze on Northeast borrowers
Homes that heat with oil face an average bill of $2,115 this winter, up 21%, and most of those homes are in the Northeast.
It's Time to Play "Name That Line"
Bonds were initially moderately weaker this morning morning in a move that followed oil prices and hawkish Fed comments. Chris Waller said more hikes were needed due to a strong economy, persistently high inflation, and the risk that inflation expectations would become unanchored after 5.5 years abo
Current Home Equity Loan Rates
Learn how to get the best rate on a home equity loan.
Interactive Floor Plans Platform Planpoint Exits Stealth
Planpoint, a real estate marketing platform that turns floor plans and site maps into interactive tools for selling and renting property, emerged from stealth mode Thursday, Commercial Observer has learned. The Montreal-based startup is being used by developers and property teams such as Brigil, Cog
The Indexing Problem: Why Only the Listing Broker Should Decide What Gets Indexed
The question brokers keep asking me. In my work advising MLSs and brokerages on data strategy, the question I hear more than any other right now is some version of: how do I keep my listings out of AI? I have written about the liability brokers carry when their agents use unsanctioned AI tools. Here
Compass, Qualia expand title and escrow partnership
Consolidation will replace separate systems Compass inherited following its merger with Anywhere Real Estate
U.S. Housing Costs Could Return to “Normal” Within 5 Years. Here’s What It Would Take.
Housing costs could hypothetically return to “normal” within the next five years if mortgage rates drop to 6% and home-price growth holds steady around 2.1%. Alternatively, housing costs could return to normal in just a slightly longer timeline–within about six years–if mortgage rates stay where the
Vesta raises $30M in Series B funding to expand AI-native LOS
Among lender investors in the platform, Pennymac saw a 25% drop in origination costs and 50% LO efficiency gains after moving to Vesta
Get to Know the Broker: Marlene Hamad of Platinum Forbes Global Properties
Marlene Hamad was going to make it in New York City come hell or high water. She was a fresh-faced 22-year-old college graduate pursuing a dream. At first, that dream looked like a career as a certified public accountant, but her past experience in the real estate industry never left her mind, so s
Why REITs aren't getting killed by rising interest rates this time around
REITs have been seen as a low interest rate play. But some experts are making the case that real estate fundamentals today are outweighing even rising rates.
In Brooklyn, the Old Ways of Development Just Won’t Cut It
In the last 10 years, Brooklyn’s development market was defined by factors including rapid growth, spiking property values and a willingness to take bigger risks. Developers pursued ambitious projects with the confidence that ongoing demand would absorb all of the new inventory. Buyers were enthusia
The American Economy Enters Its “Lost Decade”
America could enter what nobody wants—a “lost decade.” No huge gains, no massive price drops, just a slow, stagnating market where inflation eats away at the returns we once thought […]
Fed supervision reform funnels more authority to Washington
Federal Reserve Vice Chair for Supervision Michelle Bowman's new supervision reform plan calls for centralizing authority — and accountability — at the board level.
Howard Hughes blueprints a 400,000-resident desert community
Once complete, Teravalis could deliver 130,000-plus homes and 60 million sq ft of commercial space west of Phoenix
Affordable Starter Homes Are Still a Reality in These Top Cities for Flexible First-Time Buyers
Midwest metros like Kansas City and St. Louis lead the nation in affordable starter-home inventory and neighborhood options.
Massachusetts Ballot Question Would Legalize Smaller Lots for Starter Homes
This fall, Massachusetts voters will decide on whether to allow homes on smaller lots. Boosters hope it will promote starter homes.
Fed's Waller says more interest rate hikes likely on the way
Federal Reserve Gov. Christopher Waller said he expects the Federal Open Market Committee to raise short-term interest rates if inflation does not show signs of easing.
HGTV’s Jonathan Knight Spent Big on a Custom Luxury Kitchen—Even Though He Admits He Doesn’t Cook
The New Kids on the Block star opens up about his 7-acre Essex compound, custom antique farmhouse kitchen, and quiet Massachusetts life.
UAD 3.6 is coming. Hybrid appraisals are built for it.
Hybrid eligibility is now in the high-90% range for some programs, expanding use cases ahead of Nov. 2
Confessions of a content hoarder: What 107 dead pages taught me
Tough-love advice to marketers about their bloated websites
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Interest Rate Hike Douses Outlook For Atlanta Developers
Interest rates are among the variables making it difficult for Atlanta developers to obtain rents high enough to justify construction.
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The Bridge-To-Bridge Bet Is Holding Off CRE's 'Day Of Reckoning' — For Now
Commercial real estate owners are using bridge loans to buy time, a risky gamble as costs rise.
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Neshaminy Mall Redevelopment Plans Revealed: The Philadelphia Deal Sheet
Apartments, hotel and new retail are part of the plans for the Bucks County mall. Also in the Deal Sheet, properties sell in Malvern and Fort Washington.
Part 2: Why Standard Prospecting Advice Fails ADHD Agents (and What Works Instead)
Most real estate advice assumes you thrive on sameness: the same call block, the same newsletter, the same annual goals. For agents with ADHD, that setup is often what stalls them, not a lack of ability. In part two of our ADHD session, coach Ioana Nin shares practical swaps that work with how an AD
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Lawmakers Punt On Stripping Approvals From 15 Projects In Data Center Alley
A proposed rollback of data center approvals in Loudoun County, home to Data Center Alley, has raised legal and financial concerns.
HUD investigates Wells Fargo over race-based mortgage policies
Regulator’s fight against SPCPs intensifies as Biden administration policies face scrutiny The post HUD investigates Wells Fargo over race-based mortgage policies appeared first on Scotsman Guide.
MRED Partners With Iowa-Based NoCoast MLS as Part of Platform Expansion
Iowa-based NoCoast MLS and Chicagoland MLS MRED today announced a new partnership that they say will further connect real estate professionals throughout the Midwest, as MRED continues to pursue a national (and potentially international) expansion of its platform. Created by Iowa REALTORS®, NoCoast
Lofty-backed law limits CIPA claims targeting brokerages
The proptech firm says it helped pass a state law that is intended to end “demand letter campaigns” alleging California Invasion of Privacy Act violations.
GAO report finds early signs of impact from trigger leads ban
The agency says it is too early to draw final conclusions, but it expects consumers will receive fewer solicitations The post GAO report finds early signs of impact from trigger leads ban appeared first on Scotsman Guide.
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Success Of Top-Tier Malls Masks Enduring Distress In Sector's Underbelly
Malls are the best-performing CRE sector, with values up 13%, Green Street found — but most of that comes from Class-A malls as hundreds of others struggle.
Luxury Senior Housing Is Attracting Capital That Used to Buy Hotels
Michael Dell’s firm is entering senior housing The post Luxury Senior Housing Is Attracting Capital That Used to Buy Hotels appeared first on Propmodo.
MRED, NoCoast partner; Hive adds Gitcha’s Buyer Listing Service
The Iowa MLS will now be powered by Chicagoland’s MRED. Plus, Gitcha’s “buyer-want listings” slated to roll out to Hive MLS members by the end of the year.
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Chicago Office Deals Feature More Scrutiny, Added Tenant Protections
As Chicago office tenants continue to flock to the best spaces available in the market, the brokers representing them are taking a harder look at owners.
Connected Fitness Expands Into Co-working as Tonal Enters Nine WeWork Sites
Tonal installed strength training machines in nine WeWork locations, testing workplace fitness as an amenity strategy for coworking operators and office landlords. The post Connected Fitness Expands Into Co-working as Tonal Enters Nine WeWork Sites appeared first on Propmodo.
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HUD Launches Investigation Into Wells Fargo's Efforts To Support Black Homeownership
The Department of Housing and Urban Development said federal officials would investigate whether the bank violated the Fair Housing Act.
Disgraced CIA Agent Must Forfeit $100 Million Worth of Luxury Florida Properties in Stolen Gold Plot
Rush used his position to acquire gold bars and make purchases of four luxury real estate properties, luxury watches, and at least one car.
Fed policymakers saw multiple 2026 rate hikes as likely, September FOMC minutes show
Markets see a December rate increase far more likely than an October adjustment The post Fed policymakers saw multiple 2026 rate hikes as likely, September FOMC minutes show appeared first on Scotsman Guide.
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Logistics Company Buys Land For 1.2M SF Phoenix Industrial Park
LogiPropCo acquired 76 acres in Phoenix's Southwest Valley for Sonoran Logistics Park, boosting industrial growth.
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Holographic Zoo Leases 51K SF Coconut Grove Building For First Location
A digital zoo signed a 51K SF lease at a Constellation Group-owned retail building in Coconut Grove, Miami.
Full Recovery!
Full Recovery! The patient looked critical this morning with 10yr yields pushing up to new long-term highs just over 5.36%, but by the early afternoon, there was a full recovery. In fact, most of the recovery arrived after 9:30am ET (and before 11am ET). Any
Bank of America: Older Americans have taken on a bigger economic role
Households headed by someone 55 or older held close to $140 trillion in net worth as of Q2 2026
Odell Beckham Jr. Joins Vikings After Giants Release—Weeks After Admitting He ‘Never Wanted To Leave’ New York
Beckham’s move to Minnesota comes just over a week after New York parted ways with the three-time Pro Bowler.
Wells Fargo HUD probe signals risk for race-based lending
The Trump administration says the bank's past efforts to prioritize mortgage aid for minority borrowers may have violated the Civil Rights Act.
HUD opens probe into Wells Fargo’s race-based mortgage programs
HUD says bank initiatives may violate the Fair Housing Act
‘Sopranos’ Star Steven Van Zandt Tacks Nearly $4 Million Onto Asking Price of Eclectic Greenwich Village Penthouse
The rocker and actor purchased the sprawling duplex, located in a renovated Greenwich Village church, in 2008.
Delivery Service Spot & Tango, Ad Firm MediaRadar Sign at 11 Bryant Park Plaza
Two companies have signed for close to 32,000 square feet of office space at 11 Bryant Park Plaza. Dog food delivery service Spot & Tango took 15,931 square feet on the entire seventh floor of the Midtown office building, while advertising intelligence firm MediaRadar moved from a sublease at the pr
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Delaware Statutory Trust Fundraising Jumps 27% From 2025
Equity raised for Delaware statutory trusts totaled $7.5B in the first three quarters, up from $5.9M in the same period last year.
Virginia's TowneBank makes deal for a 4th NC bank
Acquiring BlueHarbor Bank would deepen the buyer's footprint in the affluent and fast-growing Charlotte market.
Grim Discovery at North Dakota Governor’s Mansion as 7 Coffins With Human Remains Are Unearthed
The area of the residence property where the remains were discovered was once the Bismarck cemetery, in use from roughly 1873 to 1877.
Compass plans to sue after Unlock defies demand letter
The Central Texas MLS says it will not bow to the brokerage giant’s demand, which Unlock CEO Emily Girard said “strikes at the very structure of the MLS.”
Mortgage Rates Started Much Higher But Almost Fully Recovered
It was an exciting day for mortgage rates, and while we technically ended up slightly higher, it could have been much worse. In fact, it WAS much worse earlier in the day, but only for about 30 minutes. Our daily rate index can be updated throughout the day if mortgage lenders change their ra
Another 2026 rate hike is likely ahead, Fed minutes show
Central bank decisionmakers expect to raise rates again between now and the end of the year, but won’t say when
Amazon abandoning significant chunk of Boston Seaport building
Boston’s Seaport district is taking a significant blow after Amazon decided against occupying a large part of its space across two buildings. The tech giant is bypassing a move into a 17-story building at One Boston Wharf Road and putting up 325,000 square feet at the property for sublease, accordin
Notes From Fed Meeting Cite AI, Tariffs and Geopolitical Conflicts for Rate Hike
The mid-September Federal Reserve Open Market Committee (FOMC) meeting came with a unanimous vote to hike interest rates, after many economists predicted that outcome. Minutes from the meeting released today, however, reveal some of the thinking behind that decision. The minutes offer a closer look
Analysts are bullish on Vishal Garg's Better plan
The founder, who is not seeking the CEO seat, explained that the company needs to improve its lead-to-lock and lock-to-fund rates to industry standards.
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Hines Spends $170.5M On Mixed-Use Portfolio In Dallas' Bishop Arts District
Houston-based Hines acquired the nine-building portfolio in Dallas' Bishop Arts district through its Hines Global Income Trust REIT.
Vishal Garg returns to power at Better Home & Finance
Vishal Garg appears to have won the power struggle for control of Better Home & Finance mere weeks after he was kicked to the curb of the company he founded. The mortgage lender’s special committee withdrew a challenge to Garg’s shareholder consent solicitation, effectively throwing in the towel in
FICO to cut 15% of staff, reduce management layers
The move comes as regulators and large lenders are embracing competing credit score models
UWM scraps credit score minimums amid KBW downgrade
Fannie, Freddie and Ginnie loan eligibility now rests on AUS findings, with scores kept for pricing. KBW cut UWM's price target to $1.50 as it launches a $400M rights offering.
Where Cotality's chief economist really believes rates are going
Selma Hepp's base case could open a refi wave earlier than expected
Wells Fargo faces housing probe over Black homeownership lending
Trump housing officials are questioning whether race-focused mortgage programs crossed the line under the Fair Housing Act
Property tax delinquency reaches highest level since 2017
North Dakota recorded the lowest rate at 1.4%, followed by Wisconsin (1.5%)
Industry outsider joins Baird & Warner as COO
Sarah Casalan joins the Chicago indie after 5 years as president of The UPS Store. Plus, Nicole Beattie appointed chief servicing officer at Rocket Mortgage.
Fed Policymakers Think Another Interest Rate Hike Is Likely This Year, Minutes Show
Mortgage rates have already surged to a three-year high of more than 7% in recent weeks amid a global bond selloff.
Share of Homes With Two-Story Foyers Increases For First Time Since 2022
For the first time since 2022, the share of new homes with two-story foyers increased, according to the Census Bureau's Survey of Construction (SOC). Despite the increase, the market share of two-story foyers has generally trended downward since 2017, with most new single-family homes being built wi
Hive MLS agents will soon be able to see buyer demand before a listing hits
Rollout starts in December for nearly 20,000 brokers and appraisers across 6 Southeastern states
Office Building Becomes Dolly Parton’s 245-Room Boutique Hotel in Nashville
Dolly Parton's team converted a $75 million Nashville office building into a 245-room boutique hotel and museum that opened in October. The post Office Building Becomes Dolly Parton’s 245-Room Boutique Hotel in Nashville appeared first on Propmodo.
Your next buyer or seller may ask ChatGPT for an agent. Will your name come up?
An agent's own claims are only part of the information AI can use to evaluate that agent
How brokers can survive and thrive in a brutal market
Now is not the time for panic, industry veteran urges
$100K Rents a House in Memphis, a One-Bedroom in San Jose
New Zillow research found that where a six-figure earner lives can be the difference between renting a four-bedroom house with a yard and a 650-square-foot apartment. A $100,000 salary is a meaningful advantage in today’s rental market, translating directly into more space, more options and more fin
EXCLUSIVE: TikTokers Savannah and Cole LaBrant Relist Tennessee Home With $300K Discount
Savannah, 33, and Cole, 29, purchased the elegant Nashville home in November 2022 for $4.5 million.
13th Floor Sells Florida Housing Community for $29M
13th Floor Investments has sold a new housing community designated for residents 55 years and older in West Delray Beach, Fla., for $29.3 million, property records show. Robbins Property Associates purchased the 7.6-acre asset called Solera at Avalon Trails. The community features 74 single-story ho
Buyers Continue Holding Back, Refinance Applications Hit Lowest Point Since 2025
Borrowers looking to purchase or refinance their homes continue to sit on the sidelines, hesitant to make a move as mortgage rates sailed past the seven-percent mark and arrived at their highest level in almost three years–at one point hitting 7.49% last week. The latest Market Composite Index from
Space Planning Is Moving Past Headcounts and Heat Maps
Office utilization metrics are evolving beyond occupancy as smart buildings prioritize productivity, collaboration, wellbeing, and employee experience. The post Space Planning Is Moving Past Headcounts and Heat Maps appeared first on Propmodo.
ESRT Faces New Activist Investor Following Stake Acquisition
An activist shareholder has arrived at Empire State Building Trust (ESRT). Erez Asset Management, a New Rochelle, N.Y.-based activist investment firm and hedge fund manager, has disclosed its acquisition of 10 million shares, or a 5.8 percent stake, in ESRT, Bisnow first reported. Erez has already
Renters need more homes, not just bigger paychecks
Zillow’s income analysis shows why more housing choices matter, even for households earning six figures.
Citigroup Supplies $28M Refi for Revived Office Building in Arlington, Va.
A Washington, D.C., developer has secured fresh capital to continue engineering the turnaround of a once-struggling office building just across the Potomac River. Jemal Equities, which is run by Douglas Development Managing Principal Matthew Jemal, has landed a $28 million commercial mortgage-backed
Three Fashion Tenants Ink Deals at 231 West 39th Street
Three women’s apparel brands have taken office and showroom space at 231 West 39th Street in Manhattan’s Garment District, landlord broker and building manager Adams & Company announced Wednesday. Rino & Pelle, a Netherlands-based women’s fashion and accessories brand, has inked a 3,332-square-foot
Tennis Legend John McEnroe Asks $35 Million for Beachfront Malibu Home
The roughly 6,500-square-foot house is located in Paradise Cove, where A-listers like Beyoncé and Jay-Z own property.
Financial Services Firm Rothera Signs Lease at 242 West 38th Street
Cohen Capital and Solomon Acquisitions have signed three new office deals totaling 10,266 square feet at their Garment District office property at 242 West 38th Street, Commercial Observer has learned. The largest of the three deals was signed by Rothera, a derivatives exchange and clearinghouse th
California Poised To Ban Quartz Countertops Over Deadly Lung Disease
California has confirmed 660 engineered-stone silicosis cases and 35 deaths as regulators consider the nation’s first statewide ban.
Wells Fargo Faces HUD Probe Over Efforts to Boost Black Homeownership
The Department of Housing and Urban Development is probing Wells Fargo over fair housing concerns, according to a new report.
As Housing Picture Dims, Agents Should Use Local Data to Tell the Right Story: Bright MLS Economist
WASHINGTON, D.C.—Housing has been on a rollercoaster ride in the last two years, and 2027 is shaping up to be more of the same. Even though real estate has certainly seen its down cycles, this time is different, a leading economist told real estate executives last Friday at RISMedia’s 38th Annual CE
Price Cuts Reach September Record as Inventory Nears Pre-Pandemic Levels
Higher mortgage rates are reshaping the fall housing market, pushing more sellers to reduce prices while fewer buyers move forward with a purchase, according to the recently released Realtor.com® September 2026 Monthly Housing Trends Report. The share of active listings with a price reduction rose t
The Interest Rate Hike Shifts the Calculus on New York City Multifamily Investing
For the last two years, commercial real estate investors and operators have been waiting for one thing: lower interest rates. They may need to stop waiting. The Federal Reserve in September raised its benchmark rate another 25 basis points, bringing the federal funds target range to between 3.75 per
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Bank OZK Shares Drop After Citi Flags $915M Mortgage Concern
Shares in the Arkansas-based lender are sliding after Citi analysts called a short-term extension a stopgap measure for a struggling $915M loan.
BridgeInvest Refis Savannah Industrial Portfolio With $43M Loan
Thor Equities Group has sealed a $43.2 million loan to refinance an industrial portfolio in Savannah, Ga., Commercial Observer has learned. BridgeInvest provided the loan via its transitional bridge program for the Ardley Portfolio, which consists of 11 warehouse buildings on 27 acres at 25-27 Artle
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Raleigh OKs 6-Month Data Center Pause As Moratoriums Sweep North Carolina
Raleigh paused applications to assess impacts and create new regulations. The lone dissenting city council member said six months wasn't long enough.
Another MLS Defies Compass, Says Brokerage Privately Endorsed Rules
One day after Compass’s deadline for MLSs to change rules or get sued, another listing service is defying the mega-brokerage, with Texas-based Unlock MLS alleging Compass mischaracterizes its rules—and has also privately praised those same policies before threatening litigation. In a letter from Ell
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Investec Targets Midmarket Deals With New Investment Push
Investec's Realis targets value-add UK real estate deals.
Report: Homeowners Confident in Making Mortgage Payments, Even as Credit Card Debt Grows
As mortgage rates surpass the 7% threshold and revisions to the latest jobs report reveals a lackluster employment trend, buyers have continued to traverse a chaotic market with rising inflation against them. Yet, a recent study by nationwide mortgage lender and loan servicer Newrez reveals that des
‘Breaking Bad’ Star Aaron Paul Sells Historic L.A. Home for $7.5 Million—After Moving His Family to Paris
The 47-year-old actor initially listed the residence, known as the Seyler House, for just shy of $10 million in July 2025.
The big interview: Exec says crowded non-QM field could squeeze smaller lenders
Halpern sees no systemic problem, but a bad hedge could cost some shops more capital
Lofty Helps Pass Senate Bill 690 Into Law, Eliminating Private CIPA Claims Against California Businesses
Lofty—the CRM and marketing platform for the real estate industry—announced a significant legal and legislative victory following California Governor Gavin Newsom’s signature of Senate Bill 690 (SB 690) into law, eliminating the private right of action for pen register claims under the California In
Small-dollar mortgage market share shrinks further in 2026
The collapse in small-balance mortgage lending far outpaces the decline in lower-priced home sales, new research finds The post Small-dollar mortgage market share shrinks further in 2026 appeared first on Scotsman Guide.
Historic Denver estate lists for over $10M as buyer’s market starts to balance
A mansion in Denver’s Country Club neighborhood is coming to market with a mile-high price. The Tudor Revival home at 575 Circle Drive has an asking price of $10.8 million, making it the second-priciest listing in the city, Realtor.com reported. The all-time residential price record for the Denver
California adds fair lending teeth to routine mortgage exams
Nondiscrimination violations now carry the same consequences as any CRMLA breach
Sales Performance, Compliance, Borrower Satisfaction Tools; Brian V. on Industry Noise
Lender and Broker Products, Services, and Software “Chicagoans have one unbreakable rule: no ketchup on a hot dog. Mortgage lenders should have one too: no questions that don't belong on the application. Floify brings that same discipline to MBA Annual in Chicago, October 11–14 at the Hyatt Regenc
Daughter sues Wells Fargo over mother's signature - fourteen years late
The deed of trust was recorded in 2008. The lawsuit didn't land until 2022
JPMorgan Chase loses Bronx Mortgage over expired foreclosure clock
A 2008 misstep created a chain reaction the bank couldn't outrun
Should you use an app to score a news release?
If an app tells you a news release is propaganda, should you trust the score, or should you first ask who is scoring the scorer? Industry analyst Mike DelPrete recently promoted his new Propaganda.app after using it to score more than 70 real estate press releases for “spin.” His email does not say
HUD chooses NIBS as factory-built multifamily housing trailblazer
NBIS and MOD X will draft a framework for manufactured housing in developments of five-plus units and team up on HUD demos
Mortgage demand extends losing streak as rates keep climbing
FHA borrowers pull back as ARM share remains elevated The post Mortgage demand extends losing streak as rates keep climbing appeared first on Scotsman Guide.
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Tishman Speyer Retakes Chrysler Building, Plans $235M Renovation
Tishman Speyer signed a ground lease for the Chrysler Building and has plans to invest hundreds of millions of dollars in the iconic skyscraper.
13 Million High-Risk Homes Sit Outside FEMA Flood Zones as El Niño Looms
Nearly 13 million high-risk properties sit outside FEMA’s mapped flood zones, where just 2% carried federal flood insurance as of April.
Comparing Short-Term Rental Insurance? 5 Questions That Reveal What You’re Actually Looking At
A screwdriver, a hammer, a saw, and a wrench come from the same toolbox but are for different jobs. You wouldn’t grab one at random and expect it to do […]
Six reasons to change your plans now, and come join us in Dallas
The 2.5-day Dallas agenda centers on execution, customer value, construction velocity, and leadership judgment
Indecomm launches AuditGenius AI tool for tying mortgage QC findings to guidelines
The tool, which will be previewed at MBA Annual, links all findings to page-level evidence and allows human auditor overrides
Philanthropy Could Help Fast-Track Adoption of Manufactured Housing, JPMorgan Says
Modular construction could change the homebuilding business. But it needs philanthropic support to scale and reach the market.
Former TD Bank worker pleads guilty to $4.8M money laundering
A Florida bank insider admitted to funneling millions to Colombia while bypassing TD Bank's anti-money laundering controls
What $100K rents: A house in Memphis, a one-bedroom apartment in San Jose
A six-figure income supports a rental budget of $2,500 per month, enough to access 77% of rentals nationwide, but just 13% in the most expensive market.
Silverstein Adds 55K SF of Leases at U.S. Bank Tower in Downtown L.A.
Silverstein Properties has announced 55,349 square feet of office leases at one of the tallest buildings west of the Mississippi River in Downtown Los Angeles, Commercial Observer can first report. The latest deals at U.S. Bank Tower include a 5,091-square-foot expansion by prominent injury law firm
Nearly $1B at stake for investors, GSEs in Fairholme case
Many shareholders are fighting an FHFA challenge to their court win and their attorney says the potential cost of the judgment for the enterprises is growing.
Manhattan’s Supply of New Condos Expected to Deepen in Q4: Report
Manhattan’s third-quarter real supply of condo development units — a mix of listed and shadow [properties not listed on the open marker] new development inventory — was 28 percent below its 10-year average, according to new data from Brown Harris Stevens Development Marketing (BHSDM). However, the f
Property Winterization for Landlords: How to Keep a Frozen Pipe From Becoming a Denied Claim
Right now, frozen pipes probably aren’t on your radar. But your insurance company is already thinking about them. Cold snaps don’t follow your calendar. One hard freeze on a night […]
Treasury yields breach 21-year high
The 10-year Treasury note climbed to its highest since 2002 as a $39 billion auction tests demand
Dolly Parton’s Estate Claims Nephew Put Up Barbed Wire To Evade Summons as Bitter Legal Battle Continues
Seaver, who announced the hitmaker’s death on Aug. 25, was fired from his role as head of security at Parton’s properties on Sept. 16.
Mortgage application volume falls as refi demand hits 2025 low
Refinance demand hit its lowest point since 2025 as borrowing costs climbed to 7.49%, MBA data shows
No Surprise: It Was a Trap
If there's been a safe bet to make on isolated rally days over the past 2 months, it's that they'll be soon followed by a return to the prevailing trend toward higher rates. Today fills that role with gusto. We hate gusto--this kind anyway. Unfortunately, this kind of gusto is all we have, and there
Mortgage Rates Continued to Rise in September
Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on U.S. treasury bond yields, a key factor in mortgage rates.
Soaring Financing Costs Threaten Commercial Real-Estate Deals
Plus, senior housing’s comeback is under way with latest billion dollar deal.
Mortgage applications fall 4.2% as 30-year rate hits 7.49%
Refinance volume fell 8% week over week and was 56% below the same week last year, MBA data shows
UWM drops minimum credit score overlay for agency loans
Eligibility now hinges on AUS findings across Fannie, Freddie, FHA, VA and USDA programs
Traders reload bets on higher US treasury bond yields after brief jolt
Citigroup Inc. strategist David Bieber said the market's posture toward Treasuries continues to be at "extreme short" levels, showing that an "extended short bias" persists.
Treble Damages and Cupcakes
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg recap CMLS, from Errol Samuelson’s understated appearance to Robert Reffkin’s scripted, heavily criticized onstage interview with Jessica Edgerton. Rob notes that his engagement with Compass ended
Kelly Robinson steps up to new role at Cotality
Kelly Robinson promoted to Vice President of Sales and Client Success “Cotality is pleased to announce that Kelly Robinson has been promoted to Vice President of Sales and Client Success, Real Estate Solutions, effective immediately. In this expanded role, she will lead the newly aligned Sales and C
Mortgage Applications Continue to Drop After Rates Surge to Three-Year High
For the week ending on Oct. 7, MBA's Market Composite Index—a measure of total mortgage loan application volume—decreased 4.2%.
Tishman Speyer Signs 150-Year Ground Lease to Reposition Chrysler Building
Tishman Speyer is taking over stewardship of the landmarked Chrysler Building with plans to renovate it after signing a lengthy ground lease. The Cooper Union for the Advancement of Science and Art, the private college which owns the land underneath the tower, finalized a deal with the commercial re
John Meko of WiredScore: 5 Questions
WiredScore’s latest report, “Fit for lease: How digital connectivity became the new test for Class A offices,” finds that 81 percent of tenants would choose an office suite with connectivity already installed over one without. The report also indicated that 99 percent of those surveyed expect AI to
Unlock MLS rejects Compass demand on clear cooperation fines
The MLS says enforcement starts with a courtesy notice, then a $100 fine, with up to $500 only after a hearing
High Frequency Data: Recent Surge in Mortgage Rates Impacting Existing Home Supply and Demand
Purchase Applications Down 15% YoY; Single Family Inventory Increases
Zach Bryan Drops $18 Million on Sprawling Tennessee Estate With Recording Studio—Months After Marrying Samantha Leonard
The 40-acre estate offers the newlyweds plenty of privacy, while also providing Bryan with space galore to work on his music.
What agents should know about the fasting-growing group of buyers
Hispanic consumers are driving homeownership rates, and understanding their needs is key to winning clients: “Trust is really what builds the relationship.”
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BREAKING: Local Investor Pays $30M For Block 37 In Heart Of Downtown Chicago
Edwards Realty Co. acquired the 278K SF vertical shopping mall at a steep discount on Tuesday, aiming to reposition the massive property.
The AI Tools That Save Real Estate Investors Time and Money (Weekly!)
Still using AI like a fancy search engine? Then you’re leaving hours of your week, and a lot of money, on the table. Using the right AI tools in your […]
Health Care Investment Firm Lorient Inks 6K-SF lease at Durst’s 825 Third Avenue
Lorient, an investment firm focused on health care, will open its first New York City office at the Durst Organization‘s 825 Third Avenue in Midtown East, Commercial Observer has learned. The Miami-based investment firm signed a 5,556-square-foot lease at the 40-story office tower, according to Dur
Amazon’s Lessons for Multifamily Operators
Property maintenance remains the most underinvested net operating income lever in multifamily operations. Maintenance has long been treated as a necessary expense to keep properties operational, but that limited perspective misses its much broader influence on asset performance. I like to think of
Mortgage rates sit at nearly 3-year high, and demand continues to shrink
Mortgage rates rose to the highest level in nearly three years, causing demand for both refinancing and homebuying to decline even further.
Scott Galloway: Stop Being an Earner, Start Being an Owner
Get a good corporate job, save some money, and start investing ASAP. If you’re going to buy a house, do it here. That’s Scott Galloway’s advice, or, as you may […]
The Plan: At the Waldorf Astoria Residences, Time Stops — and Takes a Swim
Do you remember the first time you saw “The Wizard of Oz,” and there was that moment when Dorothy lands in Oz and opens her front door to reveal a world of marvelous, bright, intense color? That’s what it’s like to visit the Waldorf Astoria Residences at 303 Park Avenue in Midtown Manhattan. The fi
Integra Solutions, Donnell Systems partner to streamline mortgage servicer account oversight
Move aims to cut manual effort, reduce operational risk, and improve transparency and audit readiness for servicers
Shadow loan fraud: How can lenders can prepare to combat
Social media posters are promoting how consumers can acquire properties without engaging the existing lender or servicer, observers of this activity warn.
Mortgages Under $100K Are Vanishing—but a New Federal Push Aims To Bring Them Back
The share of small-mortgage deals is a fraction of what it was a decade ago, a Realtor.com study found. But changes could be on the way.
Adjustable-Rate Mortgages Look More Appealing Than Ever. Are They Worth It?
As fixed mortgage rates climb, buyers are turning to cheaper adjustable loans. But is the lower upfront cost worth the risk?
A 1970s Berkeley Glass House Built for a Photographer Just Became the Week’s Most Popular Home
Explore the famous 1970s Berkeley "Photographer's House," featuring a two-story glass wall, darkroom studio, and bay views.
The return of the specialist: Why a more fragmented mortgage market favors active management
Cross-sector relative value, from agency MBS to whole loans and RMBS, can persist as mandates limit capital mobility
Non-QM is a fit, not a fallout
A growing share of loans are non-QM as bank statement and DSCR programs expand broker options
Luxury developers flocked to the 'Hamptons of Hungary' — but some projects are stalling
Lake Balaton in south-west Hungary has been a popular vacation destination for decades, but average transaction prices are falling.
Capital markets fintech dv01 launches agentic platform
Companies can now run collateral analysis and cashflow projections in their own AI environments, using systems including Claude and ChatGPT.
Aging Baby Boomers Draw $1 Billion Bet on High-End Senior Living
BDT & MSD Partners paid over $1 billion for Sunrise Senior Living as occupancy rebounds and demographic demand outpaces new supply. The post Aging Baby Boomers Draw $1 Billion Bet on High-End Senior Living appeared first on Propmodo.
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Activist Investor Buys Stake In Empire State Building Owner
Bruce Schanzer's Erez Asset Management now owns 5.8% of the REIT, which owns the Empire State Building.
200+ Web Pages, One Niche: How a 48-Year Agent Built an AI-Findable Content Machine Around Senior Downsizing
After 48 years in real estate, Mike Bowler turned his own downsizing experience into a powerful niche — senior transitions. By combining firsthand expertise with AI‑assisted content creation, he’s built over 200 web pages and videos that dominate search results. His process proves that consistency a
This Small Mountain Community Has the East Coast’s Most Expensive Ski Homes
An influx of year-round buyers has transformed Stowe, Vt., into an all-season destination.
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Soaring Yields Strand REITs In M&A No-Man’s-Land
REITs are being squeezed by 10-Year Treasury yields above 5%, forcing deals to be repriced in real time. Any large deal has been "put on pause."
Places of Worship Are Becoming Attractive Conversion Targets
Church-to-housing conversions are unlocking underused religious real estate, offering developers new opportunities amid zoning, tax, and renovation hurdles. The post Places of Worship Are Becoming Attractive Conversion Targets appeared first on Propmodo.
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San Francisco Office Market Climbs, Fueling Demand For Large Blocks, Luxury Space
The San Francisco office market surged with artificial intelligence, hitting 12.1M SF leased so far in 2026, according to Avison Young.
Real Estate Brokerages Fail to Capture Two-Thirds of Inbound Leads
Pied Piper study shows real estate brokerages respond to only one-third of phone inquiries and 32% of web leads within 24 hours. The post Real Estate Brokerages Fail to Capture Two-Thirds of Inbound Leads appeared first on Propmodo.
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How UK Investment Giant L&G Plans To Grow Its U.S. Multifamily Holdings
L&G Asset Management sees an opportunity to make more investments after funding its first new U.S. multifamily development in Massachusetts.
Shutterstock Founder Asks $49 Million for Slopeside Home in Aspen
Jonathan Oringer bought the roughly 6,600-square-foot house for $25.5 million in 2021.
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Cambridge Residential Tower Secures $522M Loan: The Boston Deal Sheet
One65 Main, a 300-unit apartment tower, secured the loan from BNP Paribas. Also in the Deal Sheet, a Salem construction financing and a lease in Cambridge.
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Properties Owned By REIT Accused Of Fraud To Be Auctioned Off
Tranzon Alderfer is hosting the auction for properties owned by RAD Diversified REIT, which filed for bankruptcy and faces fraud charges.
Mapped: Where Gen Z Is Moving, and Which States They’re Leaving in Droves
Nearly 1 in 4 Gen Z adults moved to a different state in 2024, a far higher share than any other generation.
Large lenders begin scaling VantageScore 4.0 deployment
Adoption accelerates for model that incorporates trended borrower data rather than a static credit snapshot The post Large lenders begin scaling VantageScore 4.0 deployment appeared first on Scotsman Guide.
The Midwest bucks the student housing slowdown
As of the second quarter, properties in the region were 89.7% preleased for the 2026 school year The post The Midwest bucks the student housing slowdown appeared first on Scotsman Guide.
Vishal Garg lays out Better 2.0 plan during shareholder call
Daniel Lewis was removed as interim CEO effective Oct. 5, per an SEC filing
Volatile Treasury market sends mortgage rate lock volumes plunging in September
A Federal Reserve rate hike and rising inflation concerns have pushed mortgage rates to their highest levels in years The post Volatile Treasury market sends mortgage rate lock volumes plunging in September appeared first on Scotsman Guide.
The Points Guy Takes 12K SF at 875 Avenue of the Americas in NoMad
Travel media platform The Points Guy (TPG) has swiped its corporate card at 875 Avenue of the Americas, also known as One NoMad. The operator of the self-named travel and lifestyle website leased 11,765 square feet at the 26-story office building, located at the corner of Avenue of the Americas and
California fair lending, condo bills force lenders to adjust
California Gov. Gavin Newsom signed a bill that requires HOAs to hold a minimum reserve contribution and the California Fair Lending Examination Act last week.
Seniors aren’t keeping up with their credit card debt. Reverse mortgages can help
As credit card and HELOC balances grow, reverse mortgages and their voluntary payment structures should be considered
Miami Design District Owner Revives Office Project With BH3
A dormant office project within the Miami Design District luxury mall is being resurrected with BH3 Management as a partner and about 40 percent more space. The project, called the Ursa, will feature 250,000 square feet of office space and 15,000 square feet of ground-floor retail space at 30 North
Zillow expects housing market chill to continue through winter
Newly pending home sales fell 8.5% year over year in September, while rents posted their biggest annual gain since April 2025 The post Zillow expects housing market chill to continue through winter appeared first on Scotsman Guide.
NFL Pro Myles Garrett Is Gearing Up for Another Iconic Halloween Display at His New $23 Million Hidden Hills Estate
The NFL player, who recently snapped up a Hidden Hills mansion in his move to the Los Angeles Rams, is passionate about holiday displays.
Timberline Homes buy will push Champion deeper into retail
The Timberline Homes acquisition, Champion Homes' third acquisition since 2025, signals a growing emphasis on direct-to-consumer sales
Two Harbors wants UWM to return its $25 million termination fee
The REIT accused the wholesale leader of hiding its massive market gamble during the negotiations, which resulted in $741 million in losses.
Pending sales take a hit as mortgage rates sit at 7.5%
Signed contracts fell more than 8% year-over-year in September, but motivated sellers are out there and may opt to cut prices instead of waiting until spring.
Brokerages drop the ball on most consumer phone, web inquiries
While some brokerages perform better than others, response rates to consumer phone and web inquiries are fairly abysmal industry-wide, a Pied Piper study found.
CRMLS went on offense against Compass. Will other MLSs follow?
Industry leaders weigh in as CRMLS seeks to stop Compass from challenging MLS rules in court
Upstate New York bucking national housing slowdown
Planned tech development is expected to bring even more buyers to upper New York
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DRA Buys Stake In 1301 Sixth Ave. At $1.3B Valuation: The N.Y. Deal Sheet
Plus, more of the biggest sales, leases and loans in New York City this week.
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Major Movie Studio Campus Breaks Ground: The Chicago Deal Sheet
The campus will include soundstages, production offices, warehousing, more than 1,000 parking spaces and a planned esports arena.
Today Was "Nice" For Bonds
Today Was "Nice" For Bonds Bonds bucked their prevailing trend and managed to move slightly lower in yield today. Unlike yesterday's session which had no clear correlation with underlying events, today's move traced a drop in oil prices fairly clearly. Some
A new analyst call on Home Depot reflects our feeling on what to do with the stock
We're holding a small position in Home Depot to be ready for when rates eventually fall.
Mortgage performance broadly weakened in August, ICE finds
Serious delinquencies are on the rise, though FHA loans show signs of stablization The post Mortgage performance broadly weakened in August, ICE finds appeared first on Scotsman Guide.
Mortgage Rates Near 1-Week Lows
Mortgage rates actually fell today--something they've done only 7 times since August 25th. While the outright levels remain near the highest since 2003, they're near the lowest in just over a week with top-tier 30yr fixed rates down to 7.56% for the average lender. What gives? Is this a sign that r
UWM moves to dual-score model, auto-selects best result
Lender will obtain both FICO and VantageScore on every credit pull
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LS Power Raises $6B To Capitalize On Data Center Power Demand
The fund exceeded its $4B target as AI data center demand creates the need for more power plants.
They Saved a UFO-Like Home From Demolition. Now It’s Landing on the Market.
Historic preservationist and former Obama appointee Milford Wayne Donaldson and his wife, Laurie Donaldson, restored the plastic Futuro house asking $1.495 million.
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Affinius Relinquishes Big Office Building Next To Capital One Arena
Assembly Real Estate and FitzWalter Capital acquired the 306K SF office building by buying the loan for $79.5M.
United Real Estate Recognized Among Largest U.S. Franchisors for 10th Consecutive Year
United® Real Estate has announced the company has been named to the Franchise Times Top 400 for the 10th consecutive year, earning a decade of recognition among the nation’s largest franchise organizations in systemwide sales. According to a release, United’s continued growth points to a shift under
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DHS Buys 3 More Detention Facilities From The Geo Group For $950M
The Department of Homeland Security purchased 2,000 beds in California facilities.
Most Americans Want To Age at Home. Not Enough Have Successfully Planned Financially for It
More homeowners in their golden years are staying put, but doing so comes at a price, especially if you need long-term care.
Michael Douglas Reveals ‘Incredibly Difficult’ Home Life With Catherine Zeta-Jones as Their $9 Million Mansion Lingers on the Market
Douglas, 82, reflected on the highs and lows of his 25-year marriage to Zeta-Jones, 57, in his new memoir, “One Helluva Ride."
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Brookfield Teams Up With Developer For UK Affordable Housing Push
Brookfield bought a for-profit provider and is partnering with Sigma Capital to manage affordable UK homes.
Realtor.com+ Unveils RealAssist AI for Agents to Power a More Intelligent Workspace
Realtor.com has announced the launch of RealAssist AI in Realtor.com+, an AI-powered layer designed to set busy real estate professionals up for success by helping them work faster, stay ahead of client activity and take action with more confidence, without losing time to manual busywork, according
Fed's Bowman unveils major overhaul of its bank supervision
The Federal Reserve is restructuring bank supervision into five regions, following state lines, and putting one regional leader in charge. It's also planning to revise regulatory thresholds so that banks will need to be bigger before tougher standards kick in.
It’s Time to Get On With It: Make It Easier for Brokers to Do Business
There was one major takeaway. Sticking to historical thinking, avoiding conversations with competitive MLSs while your brokers are asking for you to simplify their businesses is not appropriate anymore. The post It’s Time to Get On With It: Make It Easier for Brokers to Do Business appeared first o
Cotality’s Property Intelligence Joins Inside Real Estate’s AI Platform
Inside Real Estate has announced a strategic alliance with Cotality, integrating Cotality’s property intelligence directly into Inside Real Estate’s AI platform, Streams. The integration surfaces predictive analytics, repair-informed home values, ownership history, and real-time propensity signals s
Executive says borrowers are betting on low rates that may never return
Riddell describes clients picking shorter-term products because of a hope
Rocket Mortgage names Nicole Beattie chief servicing officer
Move comes as Rocket’s servicing book tops $2 trillion and 9.1 million loans
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CRE Finance Sentiment Index Falls To 3-Year Low As Economic Fears Mount
A recent survey shows that industry sentiment has dropped, leaving many major CRE finance companies nervous.
Coworking Firm Nomadworks Inks 34K SF at Rosen’s 122 West 27th Street
Coworking operator Nomadworks has secured a new location in Manhattan’s Chelsea neighborhood. The 33,783-square-foot lease at 122 West 27th Street establishes Nomadworks’ fourth New York City location roughly two blocks west of Madison Square Park. The future coworking space will span the entire nin
Philly-centric retail portfolio could command more than $80M
Northeast Philadelphia’s retail sector is about to receive a reality check thanks to the listing of more than a dozen properties by a single owner. Posel Management Company is seeking to sell 16 properties, most of which are in that section of the city, the Philadelphia Business Journal reported. Th
Young voters struggle to afford housing. But they don't expect help from political candidates
Pennsylvania's competitive U.S. House districts showcase how housing affordability challenges for young voters may play into control of the next Congress.
Econ Review: A Look at September’s Key Market Data
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. Typically, the real estate industry enters a slower period as the end of the year approaches. The cold seasons bring a deceleration in sales and other activity, and September ushers in
L.A. Office Leasing Hits Highest Level Since 2019
Los Angeles County office leasing climbed to its highest level since 2019 during the third quarter in another sign that the market is slowly stabilizing. Tenants signed about 4 million square feet of office leases in July, August and September, up 15 percent from a year ago and 0.7 percent from the
ARM reset wave set to crest in 2027, hit pockets of borrowers
ICE and Optimal Blue data point to a manageable wave of ARM adjustments
Median Revenue of NAHB Associate Members Climbs to All-Time High
According to NAHB’s most recent member census from 2025, approximately two-thirds of NAHB’s total members are Associate members. These members include those involved in a wide range of support industries and professions including, trade contractors, manufacturers, retailers/distributors, designers,
The $23,000 hurdle getting in the way of home buyers
As mortgage rates have gone up, home sellers haven’t adjusted their prices.
Industry Leaders Say AI Is Only as Trustworthy as People, Policies Behind It
Above, from left, Rajeev Sajja, Marki Lemons Ryhal, Amy Gromowski, Matthew Rathbun and Charles Oppler WASHINGTON, D.C.—Real estate brokerages can’t treat AI as a shortcut, or they’ll expose their agents and companies to untold risks, a panel of industry experts said during RISMedia’s 38th Annual CEO
Baltimore Organizations Line Up Financing for Stalled Housing Projects
Maryland city and state officials are looking to the public sector to turn back the clock on widespread urban decay in Baltimore. With the city and state already providing $1.2 billion, the Greater Baltimore Committee (GBC) is looking for an additional $100 million to help finance struggling real es
Will mortgage rates nearing 8% force lenders to make cuts or close their doors?
HousingWire Data shows the 30-year conforming average at 7.63%, up 31 bps in two weeks, while FHA rates rose 59 bps
ACORE Lends $71M on San Diego-Area Industrial Development
North Palisade Partners has sealed $71.25 million in acquisition and construction financing to develop an industrial project in the San Diego region, Commercial Observer has learned. ACORE Capital supplied the loan for North Palisade Partners’ ground-up construction of the Palisade Santee Commerce C
Dolly Parton’s Former Los Angeles Home Hits the Market for the First Time in 25 Years
The late music legend purchased the property with her husband, Carl Dean, in the 1980s. It's now available for the first time in 25 years.
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M Core Extends Its Retail Shopping Spree
East Kilbride was M Core's third major Scottish shopping centre investment in three years.
South Beach’s Cameo Theater Could Reopen With Romain Zago Concept
Nightlife operator Romain Zago wants to reopen the historic Cameo Theater in South Beach seven years after its nightclub shuttered. Zago, who made a name for himself owning the nearby Mynt Lounge nightclub, has filed plans to turn the Art Deco theater at 1445 Washington Avenue into a 466-seat restau
L.A.’s Mansion Tax Cost City 9,000 New Homes as Builders Pulled Back, Study Finds
A study by the RAND Corporation reveals that Measure ULA has caused the loss of 16,500 construction jobs and $452 million in tax revenue.
$10M real estate fraud scheme nets California man nearly 8 years
A Delano man received nearly eight years for wire fraud and money laundering tied to fake deeds and shell companies
BDT & MSD Partners buy Sunrise Senior Living at $1B valuation
Senior housing is having a moment, exemplified once more by a transaction valuing one of the nation’s top operators at $1 billion. BDT & MSD Partners purchased a majority stake in Sunrise Senior Living from Canada’s Public Sector Pension Investment Board, the Wall Street Journal reported. Specific t
Tropical Storm Isaias Tracks Toward U.S.: Where It Will Hit and Which Homeowners Should Prepare
Tropical Storm Isaias is likely to form by this weekend, bringing heavy rain and damaging winds to homeowners living in the Gulf.
Cold call cost-per-deal benchmarks are leaving out most of the math
Programs should be evaluated on cost per close, not just salary and dialer fees
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Oprah-Backed Health Food Chain Files For Bankruptcy, Seeks To Exit Leases
Oprah Winfrey-backed True Food Kitchen seeks to exit leases amid its Chapter 11 bankruptcy proceedings. It secured a $20M loan to fund ongoing operations.
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RN3 Enters Dutch Logistics Market With DHL Sale-Leaseback Deal
RN3 buys a logistics facility in Bemmel, marking its first acquisition in the Netherlands, just two weeks after its first acquisition in continental Europe.
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Fund Affiliated With Michael Dell Takes $1B Swing At Senior Housing
BDT & MSD purchased a majority stake in Sunrise Senior Living, the first investment in the sector for the luxury-focused operator.
EXCLUSIVE: TikTokers Savannah and Cole LaBrant Pull $5.3 Million Tennessee Home From Market—Months After Slashing the Price
Savannah and Cole purchased the Nashville home in November 2022 for $4.5 million, and for nearly two years it served as their family home.
Wealthfront adds Washington to its mortgage footprint
Digital lender says its rates run about 50 bps below the national average
Demographic Factors Dim Already Affordability-Battered Prospects for Youth Homeowner Rates
Young adult homeownership rates are at risk of declining unless the U.S. population grows, according to an analysis by Harvard’s Joint Center for Housing Studies (JCHS). U.S. population growth, however, may not be able to provide the requisite pipeline of new homebuying young adults due to a smaller
Warren Buffett’s Successor at Berkshire Hathaway Places Another Big Bet on Housing
The Lennar investment is just the latest of several bets Abel has made on U.S. homebuilders since taking over the CEO position from Buffett.
CMBS delinquencies reach highest level since 2020
Deterioration was broad-based though concentrated across just a handful of loans: Trepp The post CMBS delinquencies reach highest level since 2020 appeared first on Scotsman Guide.
US home price growth inches up
Cotality's August Home Price Index reveals annual gains masking a deeply divided US housing market
Italian Restaurant Casa Serra to Open at 227 Front Street in South Street Seaport
Lower Manhattan’s South Street Seaport will be living la dolce vita with its latest restaurant lease. Casa Serra, a sister restaurant to East Village eatery House of Pasta, has inked a 2,824-square-foot lease at the Durst Organization’s 227 Front Street, the landlord announced Tuesday. The 15-year
Serena Williams, Justin Verlander, Devin Booker, and More Star Athletes Share Glimpses Inside the Lavish Homes They Relax In
The biggest names in sports share a glimpse inside their homes, showcasing the spaces where they kick back and relax.
Better advances sale of Birmingham Bank to consortium
Better expects pro forma cash to rise to about $140 million if the transaction closes, based on Sept. 30 balances
Rise Properties sells another apartment complex amid Seattle-area selloff
Rise Properties Trust offloaded an apartment complex in Kent amid its Seattle-area multifamily selloff streak. The Canadian real estate investment trust sold The Grove apartments at 10811 Southeast 239th Place in Kent for $72 million, the Puget Sound Business Journal reported. Irvine, California-ba
Mortgage rates at 3-year high push pending sales down
Zillow's September report shows affordability pressures worsened as mortgage rates hit 7.28%, driving more buyers toward rentals
Arad Holdings Buys Financial District’s 70 Broad Street at Steep Discount
Arad Holdings has paid $9.35 million to buy the landmarked American Bank Note Company Building at 70 Broad Street in Manhattan’s Financial District, Commercial Observer has learned. It’s a steep discount from both the $88 million the five-story property originally hit the market for in 2016 and the
Treasury Secretary’s Missed Economic Calls Test Bond Market Confidence
Treasury Secretary Scott Bessent's public economic forecasts on housing, gas prices, and bond yields have largely missed, testing his credibility with investors. The post Treasury Secretary’s Missed Economic Calls Test Bond Market Confidence appeared first on Propmodo.
Securities Litigation Over Failed iBuyer Models Heads to Trial
Supreme Court won't hear Zillow's appeal of investor class action over failed home-flipping unit, clearing path for securities fraud trial. The post Securities Litigation Over Failed iBuyer Models Heads to Trial appeared first on Propmodo.
These are the borrowers most likely to overpay on a mortgage
Bankrate's study identifies four borrower profiles surrendering the most in excess mortgage costs
Why Japanese-owned U.S. builders may pull back on growth
Sumitomo, Sekisui, and Daiwa cite leverage targets, weaker U.S. profit outlooks, and a soft yen as constraints
States outpace Capitol Hill on factory-built housing policy gains
California approved factory-built housing measures as modular leaders cite state and local rules as the main near-term driver
10-Year Treasury Yield Trends and Insights for CRE
The bond market has moved on. CRE hasn't. The post 10-Year Treasury Yield Trends and Insights for CRE appeared first on Propmodo.
Rising interest rates reopen negotiations on commercial deals
For an industry as sensitive to interest rates as commercial real estate, last month’s Federal Reserve rate hike did pending and prospective deals no favors. Buyers are increasingly seeking retrades for transactions already in the works, the Wall Street Journal reported, a trend spurred on by the su
Polly Enters Hedging, Digital Lending, LO Exploration, Servicing, Correspondent Products; Penny and VantageScore
I like to say that I am one good Lottery Scratcher away from ditching this daily Commentary gig and starting something new. All kidding aside, where should we start today? With the rumored FICO layoffs yesterday afternoon? Iowa, Michigan, and the Carolinas all having conferences now? Pennymac is now
California law adds new compliance layer for rental property owners
Written pet policies, digital disclosures, and a refund trigger landlords need to know
Credit Union loses foreclosure judgment over one-day timing gap
A one-day procedural shortcut cost the credit union its judgment
Dr. Phil Lists Palatial Beverly Hills Estate for $67.5 Million—More Than Double What He Paid
The TV personality and his wife purchased the property in 2010 for $29.8 million, before completing the residence the following year.
Alice Cooper Found Comfort in Making People Uncomfortable
The rock star and memoirist on his early near-death health issue, his passion for Chuck Berry and his Halloween character.
Maryland court holds house flipper liable despite "as is" sale
The disclosure form was clean - the attic was not
June Point Lending expands DSCR loans to California
Wholesale non-QM lender now offers DSCR in 19 states
Rocket Pro October Power Play introduces Orbit rewards
Perks include eligible EPO fee protection, same-day conditional approvals and Padlock days converted to pricing credits
Rocket Pro's Niemiec: New broker rewards based on real work, not 'busywork'
Executive says a tough market means lenders must push just as hard as their partners to help them win
Rocket ramps up push for broker business with new program
The megalender's new platform, called Orbit, aims to provide its broker partners with advantages and perks that help them compete in a tough rate environment.
Zillow’s September Market Report shows an early winter in the housing market as newly pending sales fall 8.5%
The rental market continues to show strength, with the biggest annual rent gain since April 2025.
Polly launches PollyOS for mortgage pricing, hedging and trading
Platform combines pricing and eligibility, Polly Hedge and a relaunched Loan Trading Exchange
HousingWire names Laura Monroe Head of Industry Relations
Monroe will build relationships across HousingWire, KCM, Altos Research and RealTrends Verified with brokerages, associations and networks
‘Competitive Weapon:’ CRMLS Preempts Compass in Federal Lawsuit Over Listing Policy
CRMLS is not waiting around for a promised lawsuit from Compass over its listing policies, filing its own federal lawsuit against the mega-brokerage late last night as a fight over exclusive inventory and listing control has once again spilled into federal court. In the 36-page complaint, CRMLS aske
Realtor.com+ adds AI assistant; wearable agent safety tool debuts
RealAssist AI aims to help agents save time so they can respond to clients faster. Plus, Tether RE unveils new safety device; IRE, Cotality partner; more.
Overnight Adaptive Cruise, Following Oil
If rate movement were a car, it's been driving pretty recklessly recently, and definitely not keeping good pace with other motorists. But every now and then, we see a break in the craziness. The overnight trading session provided an example. The bond car set its adaptive cruise control to follow the
How NGBS Green +WELLNESS Can Help You Target Key Home Buyer Preferences
As people spend more time in their homes, more buyers — especially on the high end of the market — are focusing on how the home lives and functions through above-standard certifications such as water efficiency, indoor air quality and energy efficiency.
October ICE Mortgage Monitor: Annual home price growth was 1.4% in September
“Annual home price growth slowing for the first time in seven months”
Real Estate Mogul Ryan Serhant Launches Chicago Expansion of Rapidly Growing Brokerage
Ryan Serhant is expanding his groundbreaking AI-native real estate technology company into another major market with SERHANT. Illinois.
Fifth Wall’s Brendan Wallace On Spotting Real Estate’s Next Hot Tech Early
Stratford Wallace’s family had owned a lot on the Southeast corner of 41st Street and Eighth Avenue in Manhattan since 1886. Then, in the early aughts, the State of New York used eminent domain to wrestle the land from the Wallace family’s control. Wallace told Forbes in 2008 that, had he been giv
SERHANT. pushes deeper into national expansion with Chicago entry
SERHANT.'s also recently expanded into Massachusetts, Texas, California and Colorado
Lawsuit alleges Rocket Mortgage inflates FHA ratios, overcharges thousands on insurance
His closing docs said 11 years of insurance. His servicer says 30
Power Tech & AI 2026
Honestly, the introduction to Commercial Observer’s definitive annual list of the most consequential figures in real estate technology could be just two letters. Wanna guess which two? You nailed it: A and I. Every entrant on the list either noted, or is noted for, the eschatological technology. G
CRMLS seeks relief on eve of Compass’ lawsuit deadline
In the waning hours before Compass’ threatened deadline of an antitrust suit, the California Regional Multiple Listing Service went on the offense. The listing service asked a federal court to preemptively rule that its rules governing how listings are marketed do not violate federal or state antit
America Doesn’t Have a Housing “Shortage” (It’s Something Much Worse)
For years, we’ve been told that the United States is short millions of homes, and that building more units is the key to solving the affordable housing crisis. But a […]
Teresa Stephenson of Platinum Forbes Global Properties: 5 Questions
Professional actor, corporate facilitator, and now president at Platinum Forbes Global Properties. It is safe to say that residential broker Teresa Stephenson has a fascinating resume. Stephenson spent five years as a professional actor. Some of her credits include appearances on the TV shows “Blin
CRMLS moves first, asking court to block Compass antitrust claims
The MLS asks a New York federal judge to declare its policies procompetitive and antitrust compliant
Luxury Senior-Housing Company Locks in a $1 Billion Buyer
The buyer, a firm with experience in luxury hospitality, aims to capitalize on boomers who can splurge on retirement homes and lifestyle.
Florida’s Affordability Advantage Is Gone: Inside the Sharp Drop in East Coast Migration to Miami
Driven by surging living costs, middle-class homebuyers are being squeezed out of Miami as the city transforms into an ultraluxury market.
The Post-it Note Inheritance Trend—and the Family Fights It Can Leave Behind
Sticky notes can show who wants what—but they may carry little legal weight when heirs disagree over an estate.
8.5-Acre Waterfront Palm Beach Megamansion Owned by Billionaire Tech Mogul Is Listed for a Staggering $165 Million
Oracle co-founder Larry Ellison is looking to part ways with his megamansion, as is Tyler Perry on this week's most expensive homes list.
Beyond mortgage rates: How community lenders can expand access to homeownership
The Federal Home Loan Banks’ Mortgage Partnership Finance® Program helps community lenders expand homeownership through liquidity, collaboration and targeted financing solutions
UAD 3.6 is almost here. Lenders need to move from awareness to production.
The new appraisal standard is more than a form update: Five actions can help lenders protect pipeline continuity and capture the benefits of better-structured collateral data
What the latest rate hike means for you
The Fed lifted the target range by 25 bps to 3.75%–4%, but mortgage rates track long-term yields, not the Fed funds rate
CRMLS files suit against Compass over listing rules
The mega MLS is asking a federal court in Manhattan to declare that its rules are pro-competitive and forbid Compass from suing over them.
CRMLS didn’t wait
CRMLS Seeks Declaratory Judgment, Files Complaint Against Compass, Inc. Compass gave CRMLS until 5 PM Eastern on October 6 to stop fining agents for publicly marketing office exclusives, or get sued. CRMLS filed a day early. As the plaintiff. In Manhattan, Compass’s backyard. It’s a declaratory judg
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Multifamily's Days As Commercial Real Estate's 'Golden Child' Are Over
High borrowing costs and oversupply are troubling the multifamily real estate sector as investors shift focus.
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Hedge Fund Breaks NYC Record With $375-Per-SF Office Lease
Castle Hook Partners breaks the record for priciest office lease with a $375-per-SF deal at Related Cos.' planned 625 Madison Ave.
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Blackstone Sells Fort Lauderdale Industrial For $57M: The South Florida Deal Sheet
Blackstone's Link Logistics sells Lakeview Center for $57M amid broader asset moves.
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Renewals Dominate In Years-Low Office Leasing Quarter
Rising build-out costs and no new developments are leading companies to renew existing leases.
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Healey Nominates New Opportunity Zones, Targeting Sites Of Major Projects
The Healey administration released its map of opportunity zone nominations and detailed the development potential in many of the zones.
The Surge in Rates Is Blowing Up Commercial Real-Estate Deals
Property buyers are demanding sellers renegotiate terms because of higher mortgage rates, signaling broader market distress.