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Meta and BlackRock announced a joint venture to develop and operate a roughly $14 billion, 1-gigawatt AI data center campus in El Paso, Texas, with BlackRock-managed funds taking an 80% ownership stake and Meta as sole tenant.
Brookfield and NextEra Energy will develop a $100 billion AI data center campus with 4.6 gigawatts of dedicated power at DOE’s former Paducah, Ky., uranium enrichment site.
U.S. mortgage applications dropped 6.4% for the week ending July 24 as the 30-year fixed rate climbed to 6.76%, its highest level since August 2025, MBA data show.
Lone Wolf Technologies launched Talent, an AI-powered addition to its BrokerMetrics platform that flags agents at risk of leaving a brokerage and helps build the case to recruit new ones, built around an AI teammate the company calls Aspen.
Fannie Mae reported Q2 2026 net income of $4.0 billion, up 20% year over year, as single-family purchase acquisitions rose $17.9 billion and multifamily delinquencies improved.
PulteGroup CEO Ryan Marshall called the housing market ‘pretty good’ on CNBC, even as the homebuilder’s Q2 revenue fell 11% and closings dropped 8%, offset by a 6% rise in new orders.
Woodfield Development has opened Tides at Palm Bay, a $100 million, 318-unit mixed-use apartment and retail project on Florida’s Space Coast.
The median single-family lot value fell to $59,000 in 2025 from $60,000 in 2024, NAHB’s analysis of Census data shows, ending six straight years of record highs even as some regions kept climbing.
The Census Bureau’s Q2 2026 Housing Vacancy Survey shows the national homeownership rate flat at 65.0%, while homeownership among adults under 35 fell to 35.2%.
Sun Communities reported second-quarter Core FFO of $1.84 per share, up 4.5% year over year, and agreed to sell its UK Park Holidays operations for roughly $1.04 billion as the manufactured-housing and RV community REIT narrows its focus to North America.
Welltower reported normalized FFO per share of $1.60, up 25% year over year, as its senior housing operating portfolio posted a 15th consecutive quarter of 20%-plus same-store NOI growth, prompting a 15% dividend increase and higher full-year guidance.
The National Fair Housing Alliance and Massachusetts Fair Housing Center sued HUD and Secretary Scott Turner in federal court, alleging a restructured funding program would cut off enforcement grants to more than 100 nonprofit fair housing organizations nationwide.
Buyers of newly built homes spend about $8,750 more than non-moving households in their first year of ownership, while existing-home buyers spend roughly $8,674 more, according to a National Association of Home Builders analysis — but the two groups spend that money very differently.
Buildings with 50 or more units accounted for 57% of the 484,000 multifamily units completed nationally in 2025, according to a National Association of Home Builders analysis of Census Bureau construction data, extending a shift toward high-density development that began in 2017.
Nvidia is the previously unnamed tenant behind Hut 8’s $19.6 billion Beacon Point data center lease in Nueces County, Texas, the Financial Times reported, a deal that could grow to $50.2 billion if renewal options are exercised.
Gov. Whitmer signed a law barring institutional investors owning more than 100 Michigan homes from buying single-family houses, part of a package adding housing tax credits and zoning reforms.
Trademark Property Company and Harrison Street Asset Management will break ground Aug. 3 on Anthem, a $135 million-plus redevelopment of Arlington, Texas’s former Lincoln Square shopping center.
MassDOT is seeking developers for a 20-acre Fall River, Mass., waterfront site that officials say could draw close to $1 billion in private investment and 1,000-plus homes.
A Leon County judge heard arguments over the ballot wording of Florida’s proposed homestead property tax amendment, which would raise the exemption to $250,000 by 2028 if approved in November.
The most common mistake I see sellers make is not a bad paint color or an overpriced listing β it is starting the work with no plan. They burn their budget and energy on projects that do not move the sale price, then run out of both before tackling the things buyers actually notice. After … Read more
S&P Cotality Case-Shiller data for May show a 1.1% annual gain nationally, with Chicago and New York leading and several Western and Sunbelt metros declining as inflation outpaces price growth.
Cotality’s Q1 2026 Homeowner Equity Insights Report shows mortgaged U.S. homeowners hold a record $17.9 trillion in equity, with HELOC borrowing rising 10% year over year even as mortgage rates climb.
Redfin reports vacation-home mortgages rose 4.1% in 2025, the first increase since the pandemic peak, with 85.2% of loans going to high earners and West Palm Beach, Fla., leading the nation.
Nvidia is discussing a financing guarantee of up to $250 billion to help OpenAI lease a 10-gigawatt Ohio data center campus valued at $500 billion, according to people familiar with the talks.
U.S. nonresidential construction starts jumped to a one-month record of $100.3 billion in June, powered by a surge in office and data center projects, according to ConstructConnect.
A federal judge dismissed a class action alleging Zillow steered homebuyers to its own mortgage unit, ruling plaintiffs lacked standing, but gave them until Aug. 17 to refile.
A bankruptcy court approved the $90 million sale of Hawthorne Race Course to a Delaware redevelopment firm, ending horse racing at the 135-year-old Chicago-area track and killing a long-planned casino.
New York City halted construction at GFP Real Estate’s 222 Broadway office-to-residential conversion for unreported structural cracks, the second such stop-work order in a month.
MIAMI REALTORS merged with Martin County REALTORS, its second merger in two months, creating a single association and MLS covering five Southeast Florida counties.
Naples closed home sales rose 16.5% year over year in June, part of a broader Florida rebound in sales, prices, and pending activity, according to state and local Realtor data.
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