Investors Shift Focus to Prime office Districts Seoul's office market is entering a new phase as a wave of new downtown office completions pushes vacancy rates to their highest level in more than four years, prompting institutional investors to become increasingly selective even as rents continue to climb, according to a new report from JLL. The real estate services firm said the capital's Grade A office...
For much of the past decade, Meritage Homes has stood as one of public homebuilding’s clearest business use cases that thoughtfully designed, efficiently built entry-level homes could unlock homeownership for thousands of households who otherwise might have remained renters. The company’s strategy wasn’t simply to build smaller homes. It reshaped its land acquisition, product design, construction...
LPT Aperture Holdings, the parent company of LPT Realty and Aperture Global Real Estate, has confidentially submitted a draft registration statement to the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common stock, the company announced on Thursday. The Lake Mary, Florida-based company said the filing was made on Form S-1 and that the size of the offering...
As older Americans continue to grapple with escalating housing expenses, a higher overall cost of living and growing health care costs, new Medicare Part D figures for 2027 could further influence household budgets. Adding to that financial picture, the Trump administration announced it will end a temporary Medicare Part D premium stabilization program after the 2026 contract year, returning standalone...
Christopher Gallo, once one of the nation’s top mortgage loan officers, has pleaded guilty to conspiracy to commit bank fraud in a federal court in New Jersey, according to court filings reviewed by HousingWire. Gallo entered the guilty plea to count one of the indictment — conspiracy to commit bank fraud — on Wednesday in the U.S. District Court for the District of New Jersey, withdrawing an...
FirstTeam Real Estate, a California powerhouse that reported $6.12 billion in 2025 volume across 5,978 transactions — good enough for national ranks of No. 34 and No. 67, respectively — has partnered with Purlin to deploy an artificial intelligence (AI)-powered operating system across the brokerage. The integration brings together PurlinOS, Purlin Close and Purlin Offer & Negotiate into a single...
This California empty-nest couple envisioned their 1904 Dutch Colonial in Seattle’s Capitol Hill neighborhood as their forever home. To make that possible, they needed to modernize it for hosting their parents during extended stays and entertaining friends while preserving its historic...
Image Old-school real estate skills are going to be rewarded in the next few years, he...
The Federal Reserve kept interest rates unchanged Wednesday, signaling continued caution as policymakers balance solid economic growth against lingering inflation pressures fueled by energy costs and geopolitical uncertainty. The Federal Open Market Committee voted to maintain the federal funds target range at 3½% to 3¾%, leaving borrowing costs at their highest levels of the current policy cycle as...
PennyMac Financial Services on Wednesday reported second-quarter 2026 net income of $22 million, down 84% from a year earlier and sharply lower than its first-quarter net income of $82.3 million, as higher interest rates reduced mortgage production volume and weighed on profitability. The company’s weaker quarter came in tandem with layoffs by the Westlake Village, California-based mortgage lender and...
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