July 2025

U.S. Condo Market Suffers Sharpest Price Drops in Over a Decade as Buyers Retreat

Condo Prices and Demand Crumble in Florida and Texas Based on new Redfin data, the U.S. condominium market is unraveling faster than any other segment of the housing sector, as rising costs and tighter financing rules push buyers to the sidelines and sellers flood the market. The median sale price of a U.S. condo fell 2.2% year-over-year to $354,100 in May, marking the second-steepest annual drop since...

Real estate investors eye space economy as the new frontier

Real estate investors are turning their gaze skyward in preparation to take part in upcoming needs of the space exploration and data sector. This week, a CNBC report pointed to global real estate firm Hines and its recent acquisition of the Titusville Logistics Center — a nearly 250,000-square-foot industrial facility on Florida’s Space Coast. The move highlights a growing trend of investment in...

VantageScore 4.0 is coming. But much work needs to be done

In the days following the announcement that VantageScore 4.0 was suddenly in play for conventional mortgages, FinLocker‘s Brian Vieaux had to burst some bubbles. Most of the 15 to 20 loan officers he spoke to were ecstatic about being able to use the new credit scoring model. Millions of new prospective borrowers could be scored with VantageScore, they said. That’s opportunity in a down...

NAR moves to dismiss California agent antitrust suit

It’s been just over a month since real estate agent John Diaz refiled his lawsuit in U.S. District Court in Sacramento, but the National Association of Realtors (NAR), along with other state and local associations, are already asking the court to dismiss it.  On Monday, NAR and the California Association of Realtors, Lodi Association of Realtors, Central Valley Association of Realtors and Metrolist...

ERA Real Estate firms merge in Atlanta

Two established Atlanta metro-area real estate firms — ERA Foster & Bond and ERA Sunrise Realty — have merged, combining operations under a single brokerage that now includes more than 175 agents and six office locations. The combined firm now has a Georgia footprint that extends across Atlanta, Canton, Duluth, Marietta, Milton, Athens and Savannah. The merged firm will be co-led by David Moody...

Top San Diego luxury real estate brokerage joins Compass

The Exude Luxury Group — a top-producing real estate firm in Southern California — has departed Side and joined Compass in San Diego’s La Jolla neighborhood, marking a new phase for the six-person team led by Erika Borunda Ahajanian. The group has closed more than $500 million in career sales — including $121 million in transactions in 2024 — and is known for its work with high-profile luxury...

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