Inventory edges slightly higher year over year as rates rise

While it’s been a relatively boring year for housing inventory — even with higher mortgage rates — the movement in the last few weeks and easier comps have pushed inventory a tad higher, as we are at the midpoint of August. The question is: can we eke out a bit more growth before the seasonal decline?  Today I will address that, as we are in the sixth month of the Iran conflict and mortgage...

10 Enduring Pieces of Decorating Advice (12 photos)

As we work — and spend — to make the places we live in beautiful and functional, we sometimes make decor mistakes we come to regret. Unhappy choices nearly always stem from poor planning, rushed decisions, self-doubt or bad advice. Here I’ll show you how to take sound and sensible steps to create...

Why 2026 foreclosure gains are not a housing crash signal

The quarterly New York Fed foreclosure data came out for Q2, and once again — to the surprise of many doomers — the index fell slightly, still below 2019 levels. Not only that, but this week’s existing home sales report also showed housing inventory down year over year and sales slightly higher, with prices up 2.0% year over year, something that would be impossible if we had a surge of foreclosures...

Summer heat sets in across Northeast housing markets

The Northeast continues to command a disproportionate share of the nation’s hottest housing markets, with four of the top five metros located in New England or New York, according to the latest weekly HousingWire Data. Rochester, N.Y.; Hartford, Conn.; Grand Rapids, Mich.; Boston, Mass.; and Buffalo, N.Y., ranked as the nation’s five hottest single-family housing markets for the week ending Aug....

Real shareholders approve REMAX acquisition, closing nears

Shareholders of The Real Brokerage Inc. and REMAX Holdings Inc. on Friday approved Real’s proposed acquisition of REMAX, moving the companies closer to forming Real REMAX Group after their respective votes. The votes were held at special meetings of both companies’ security holders, according to the announcement. The proposed acquisition was first announced in April 2026.  Upon closing, the...

Radian sells real estate services, plans title sale to PLACE

Radian Group has completed the sale of its real estate services business and agreed to sell its title insurance business to PLACE, marking a key step in the mortgage insurer’s shift into a global multi-line specialty insurer. The Wayne, Pennsylvania-based company said last Monday that it closed the sale of its Real Estate Services business to real estate technology and services platform PLACE, as well...

Appeals court reboots NYC pied-à-terre tax rollout after pause

New York City’s ultra-rich started the week with a reprieve from having to prove residency to avoid a pied-à-terre tax. But as the week ends, the reprieve itself proved fleeting. A state appeals judge yanked back the roadblock on Mayor Zohran Mamdani’s tax plan Thursday afternoon in a Staten Island court. Brought by three homeowners, the lawsuit that triggered the pause is now showing cracks. In...

Miami Beach mansion with a suspended Ferrari and private nightclub sells for record $51.5M

Miami Beach has another eight-figure real estate record on the books. A newly completed waterfront estate at 270 S. Hibiscus Drive has sold for $51.5 million, setting records for both the highest sale price and highest price per square foot across the guard-gated Hibiscus and Palm Islands. The transaction comfortably surpasses the previous sale-price record of roughly $40 million, according to the...

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