The latest real estate news, market data, and expert insight from RealtyWire.
The hurricane-resistant Punta Gorda community that survived Hurricane Ian without losing power will host a new Southwest Florida Resilience Accelerator launching in October, as new home sales climb nearly 30% this quarter.
BevyHouse is testing whether factory-built homes can cut Altadena’s wildfire rebuild timeline from 18 months to six, delivering a five-module house near Fair Oaks Avenue.
Zurich-based Lookthrough and Berlin-based BuildingMinds are combining to build an AI decision-intelligence platform covering more than 100,000 buildings across 64 countries.
Median listing prices fell 2.4% year over year in July as sellers priced more realistically from the start, cutting delistings and pushing contract signings to their highest level since 2022.
Phoenix Mayor Kate Gallego and Arizona water officials brace for a federal rule reallocating Colorado River water, with economists warning mandated cuts could slow homebuilding in one of the nation’s fastest-growing metros.
Massachusetts House and Senate bills tackle zoning reform through different routes — YIGBY on religious land versus statewide duplexes-by-right — after rent stabilization was knocked off the table by the courts.
Redfin data shows Houston, San Antonio, Austin, Dallas and Fort Worth have all tipped into buyer’s-market territory, with Houston posting the widest seller-buyer gap in the state.
RealReports’ redesigned Business Momentum Engine expands its Aiden AI assistant to proactively surface prospecting and past-client opportunities as existing-home sales sit near a 30-year low.
Florida Realtors’ Board of Directors voted to support Amendment 3, the November ballot measure raising the homestead exemption to $250,000 by 2028 and lowering the non-homestead assessment cap.
JPMorgan Chase, Citi, Wells Fargo and Bank of America have each rolled out major housing-supply initiatives, led by JPMorgan’s $750 billion, decade-long American Dream Initiative.
Ten states led by Oregon and New York sued the OCC over rules that would let national banks stop paying interest on mortgage escrow balances in 14 states and territories.
Ask buyers which room decided their offer and the answer, more often than any other, is the kitchen. It is the heart of the home and the most scrutinized space in it β buyers open the cabinets, run their eyes along the counters, and peer under the sink. After hundreds of staging consultations, I can … Read more
California Regional MLS launched REcore Workspace, a customizable hub replacing its static dashboard for more than 100,000 subscribers across Matrix, Paragon and Flexmls.
San Jose’s City Council directed staff to draft rules raising Residential Neighborhood density from 8 to as many as 32 units per acre. The mayor’s memo cites the risk of losing Housing Element certification.
The Data Center Coalition agreed to comply with Gov. Greg Abbott’s five development standards, and at least one operator ended a Texas project rather than meet them, as ERCOT works through a 474-gigawatt interconnection queue.
Unframe says Cushman & Wakefield reduced lease abstraction from as long as three days to minutes and has expanded to more than 15 active AI projects. Cushman & Wakefield has not issued its own announcement.
Single-family starts plunged, mortgage rates eased for a second week, the $876 million commission settlements survived appeal, and Real and RE/MAX cleared the way for a Monday closing.
Californians for Homeownership and the California Housing Defense Fund filed three suits Aug. 20 alleging San Diego, San Francisco and Montebello unlawfully narrowed Senate Bill 79, the state’s transit-oriented housing law.
RentCafe launched Ren, a conversational AI apartment search agent available nationwide, letting renters describe what they want instead of setting filters. The site says it serves more than 40 million renters.
More than 40 homeowners sued in Newport Superior Court over Rhode Island’s $5-per-$1,000 surtax on second homes assessed above $1 million, arguing it targets owners who cannot vote in the state.
The Bluffs, a two-building Class A campus in Playa Vista, Los Angeles, has completed a full repositioning with more than 57,000 square feet leased, including The Honest Company’s headquarters relocation.
Greystone Capital Advisors completed a $369.6 million cross-collateralized bridge facility from PGIM covering five newly built New Jersey multifamily properties totaling 1,340 units for Capodagli Property Company.
Austin-based Boom raised a $15 million Series A led by S3 Ventures and launched BoomCRM, an AI leasing platform built on its applicant screening data. The company says it screens for more than 400 operators covering over 500,000 units.
The FTC’s antitrust trial against Zillow and Redfin opens Monday alongside the Real-RE/MAX closing, Case-Shiller and new-home sales land Tuesday, and the Fed’s Jackson Hole symposium convenes Thursday.
A proposed class action filed Aug. 19 in Manhattan federal court alleges Compass pulled rental listings from StreetEasy in August to funnel renters to its own platform. Compass has not yet responded and the allegations are untested.
A federal bench trial over the FTC’s claim that Zillow paid Redfin $100 million to quit the rental advertising market begins Aug. 24 before Judge Anthony J. Trenga in Alexandria, Va.
Deere & Company reported fiscal third-quarter net income of $1.379 billion, with Construction & Forestry sales up 18% and segment operating profit up 84% β a read on where U.S. building activity is actually concentrated.
U.S. construction starts rose 25.6% in July to a $1.79 trillion annual rate, Dodge Construction Network reported, but nearly $29 billion of the increase came from three data center and semiconductor projects. Residential starts remain down for the year.
Construction payrolls grew by 22,000 in July while total U.S. employment fell 23,000, according to NAHB’s state-level breakdown of Bureau of Labor Statistics data. Illinois led monthly gains; Texas posted the largest decline.
The Real Brokerage and RE/MAX Holdings expect to close their combination Aug. 24 as Real REMAX Group, releasing preliminary results of the RE/MAX stockholder election on merger consideration.
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