November 2025

Raphael Bostic to retire as Atlanta Fed president

Raphael W. Bostic, president of the Federal Reserve Bank of Atlanta, announced on Wednesday that he will step down from his role and retire when his term expires at the end of February 2026. “It’s been my distinct honor and privilege to lead the Atlanta Fed for these past eight and a half years. I feel incredibly fortunate to have worked with the Atlanta Fed’s outstanding staff to fulfill the...

Tom Petty’s Malibu estate sells for $11.2M, ending an era of rock history

One of Malibu’s most storied homes — and a cherished piece of rock history — has officially found a new owner. The former estate of Tom Petty, the Rock & Roll Hall of Famer and frontman of the Heartbreakers, has sold for $11.2 million. The Malibu listing was held by Myra Nourmand and Levi Freeman of Nourmand & Associates–Hollywood, with Michael Telega and Or Brodsky of The Brodsky Group...

$18.2M Rancho Santa Fe estate was designed for nonstop entertaining (with bowling alley, full resort)

Douglas Elliman has just unveiled one of Rancho Santa Fe’s most spectacular listings — a sprawling, resort-inspired compound at 7029 Las Colinas, priced at $18.2 million. Represented by Dan Tomasi of Douglas Elliman and Jason Saks of The Altman Brothers Team at Douglas Elliman, this architectural masterpiece blurs the line between private home and five-star retreat. Photo credit: Jonathan Fennell...

Las Vegas Market Cools as Home Prices, Sales Dip in October

Southern Nevada's housing market lost some of its heat in October 2025 as both home prices and sales declined while inventory continued to rise, according to the latest data from Las Vegas Realtors (LVR). The median price of an existing single-family home sold through the LVR's Multiple Listing Service fell slightly to $474,370, down 0.2% from October 2024 and below the all-time high of $485,000 reached...

San Diego sellers hold firm on pricing as homes linger 50% longer than last year

San Diego-Carlsbad-San Marcos metro homeowners are betting on patience over price cuts, maintaining a $1,225,000 median list price even as properties take 63 days to sell, a 50% jump from 42 days a year ago. The standoff between sellers and buyers has created a notable slowdown in market velocity, with only 369 homes absorbed weekly compared to 586 during the same period in 2024. The pricing discipline...

How Las Vegas sellers are adjusting prices in a changing real estate market

Price reductions swept through 39.7% of Las Vegas-Paradise metro’s single-family home listings during the week ending Nov. 7, 2025, marking a pronounced shift in seller behavior as the market settles into neutral conditions. The metro’s 3.4 months of inventory supply now exceeds the national average of 2.9 months, creating more negotiating room for buyers who have watched the desert market’s rapid...

Tommie Wehrle named president of LGBTQ+ Real Estate Alliance

Tommie Wehrle, a learning consultant with Better Homes and Gardens Real Estate, has been appointed as the 2026 president of the LGBTQ+ Real Estate Alliance, a national trade organization representing more than 3,500 members. Wehrle has worked in real estate for nearly 35 years, holding roles as an agent, broker-owner, instructor and coach. She has been active in local and state Realtor associations and...

Collin County homes command 39% premium over Texas despite majority of sellers cutting prices

Collin County’s housing market maintains a $519,900 median list price as of Nov. 7, 2025, standing 39% above Texas’ $374,000 median even as 55.7% of active listings undergo price reductions. The North Texas metro’s pricing resilience emerges alongside market dynamics that mirror national patterns while outpacing statewide metrics. The county recorded 5,904 active single-family listings during the...

Hometap continues to fight ‘illegal reverse mortgage’ lawsuit in Massachusetts

A lawsuit filed earlier this year by the state of Massachusetts against home equity investment (HEI) provider Hometap is being allowed to proceed after a ruling in August by a Suffolk County Superior Court judge. And the parties made new filings in court last week as they attempt to convince the court of the merits of their arguments. State Attorney General Andrea Joy Campbell sued Hometap in February...

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