Today’s report on new home sales reveals a slight shortfall in sales estimates. However, it also emphasizes a more critical issue: the currently elevated supply of new homes. This surplus has significantly contributed to the stagnation of housing permits for some time. By addressing and reducing the excess inventory, homebuilders can work toward creating a more balanced market and fostering a revival...
As the scrutiny of home equity investment (HEI) products has accelerated, credit ratings agency Fitch Ratings this week released a report explaining its approach to such products, reiterating that it does not rate them. While some other ratings agencies have opted to provide assessments for such products, Fitch continues to avoid “provid rating criteria for securitizations backed by HEI/HEA assets,”...
In a series of posts to his account on social media platform X, Federal Housing Finance Agency (FHFA) Director Bill Pulte published housing orders that terminate special purpose credit programs (SPCPs) and rescinds a 2024 advisory bulletin detailing the agency’s enforcement against unfair or deceptive acts or practices (UDAP). Pulte did not include separate comments with each of these orders and...
The National Association of Realtors‘ Clear Cooperation Policy (CCP), which requires agents to put a listing on the MLS within one business day, will remain in place, NAR announced Tuesday. But the trade group is also offering an additional option to home sellers — a delayed marketing exemption period. The CCP has been a polarizing issue between brokers who believe in the policy and those who would...
There was a time when Gawker Media ruled the internet. At its peak, the digital media company operated massively popular sites like Gawker, Jezebel, Deadspin, Kotaku, Gizmodo, and Lifehacker, dominating the internet landscape in every area of pop culture, gossip, and tech. Started by British Internet entrepreneur, journalist, and blogger Nick Denton, the once digital behemoth was later involved in...
An architecturally distinct, 1954-built home in Miami Beach stands out as one of only two residential properties designed by famed architect Morris Lapidus. Lapidus is best known for his Neo-baroque “Miami Modern” hotels constructed in the 1950s and ’60s — including the Fontainebleau and Eden Roc — which have since come to define that era’s resort-hotel style. The Miami Beach house,...
If you're looking to add more room for entertaining while also taking advantage of outdoor space, a lanai might be for...
Taskrabbit reimagined the viral mental toughness program with a home transformation challenge that anyone can...
This she shed has so much...
Kitchens of 200 to 230 square feet offer a chance to create a welcoming environment with abundant appliances and cabinetry, adequate workflow and room for both daily living and entertaining. This size kitchen often includes a peninsula or island and can accommodate more than one cook at a time....
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