2025

Names to Note: October 2025

Image Each month, Nareit highlights recent executive career moves, board changes, and other notable individual achievements and developments within the REIT and publicly listed real estate...

Luxury Home Segment Defies U.S. Market Slowdown

Enjoying Record High Prices as Cash Buyers Dominate Luxury home prices across the United States surged to record highs in September 2025, underscoring the widening divide between the high-end market and the rest of the housing sector. The median price of a U.S. luxury home reached $1.26 million, up 4.8% from a year earlier and marking the highest level ever for the month, according to a new report from...

Mortgage spreads hit lowest level in years, keeping rates near 6%

The unsung hero of the housing market in 2025 has been the improvement in mortgage spreads, because without the spreads improving as much as they have, mortgage rates would not have gotten near 6% this year. I forecast that mortgage spreads should improve by 0.27%-0.41% this year, from a 2.54% average in 2024, giving mortgage rates a better chance to move down toward the bottom end of my mortgage-rate...

NorthstarMLS restructures board, embraces new governance model

Minnesota’s NorthstarMLS is shaking up its governance structure. In an announcement on Wednesday, the MLS said that its shareholder associations, which include Minneapolis Area Realtors (MAR), the Saint Paul Area Association of Realtors (SPAAR), and the Southeast Minnesota Realtors (SEMR), have made the decision to embrace what they are calling a new, “business-forward governance...

Florida Realtors, Japan-America Real Estate Coalition expand ties

Florida Realtors has signed a memorandum of understanding with the Japan-America Real Estate Coalition Office (JARECO) — strengthening cooperation and expanding business opportunities between real estate professionals in Florida and Japan. Under the memorandum, Florida Realtors and JARECO will focus on professional development, market data sharing and global business outreach. Both groups have...

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