Lamacchia Realty opens first Rhode Island office

Lamacchia Realty has opened its first Rhode Island office following the acquisition of Tirrell Realty, a longstanding brokerage based in Riverside, Rhode Island. The deal marks Lamacchia‘s 11th acquisition in New England over the past two years and expands its footprint in the Providence-area housing market. Tirrell Realty — formerly affiliated with the Weichert franchise system — has served...

New home sales show why residential construction is in a recession

In today’s report, new home sales fell short of sales estimates and experienced negative sales revisions, while inventory levels increased, which explains why residential construction is in a recession. However, today’s data doesn’t indicate a crash in new home sales. Instead, it highlights my concerns from December 2024: homebuilders are accumulating a lot of completed units for sale, and they...

Baird & Warner, Goosehead Insurance enter franchise partnership

Texas-based Goosehead Insurance and Baird & Warner Real Estate have launched a new franchise partnership that will embed home insurance options directly into the real estate transaction process. The venture — named Adaptive Insurance Agency — offers homebuyers access to a broad selection of insurance carriers and guidance from licensed agents as part of their home purchase. “This...

How to Manage a Tricky Remodeling Client (7 photos)

There are many factors involved in a renovation project, and each one can prove problematic when it comes to completing the job without issues, but sometimes the biggest challenge is the customer themselves. If you’ve ever had a project where your relationship with the client has become tricky,...

U.S. Housing Market Slips in June as Prices Hit New Highs

Existing-home sales in the U.S. declined 2.7% month-over-month in June 2025, as persistently high borrowing costs and a constrained inventory environment continued to dampen market momentum. The National Association of Realtors reported an annualized sales pace of 3.93 million units for the month, holding steady year-over-year but reflecting broad regional softness. Despite the sales slump, prices...

Florida, California Continue to Reign Supreme as America’s Ultraluxury Housing Markets

Naples Beach Compound Tops 2025's Luxury Home Sales List at $133 Million According to new Redfin research, a beachfront compound in Naples, Florida has set the high-water mark for U.S. residential real estate this year, selling for a record $133 million in April 2025. The nine-figure sale underscores the dominance of Florida and California in the nation's luxury housing market, with every one of the top...

Home prices hit all-time high, but more inventory cools price growth

With all the doomsday soundbites about housing, it might be surprising to hear that home prices reached an all-time high today, according to the existing home sales report from the National Association of Realtors (NAR). On the bright side, inventory growth has increased in 2025, although this report showed a slight month-to-month decline. This growth in inventory has helped slow down the increase in...

Bipartisan housing bill targets local zoning barriers

On Wednesday, U.S. Reps. Mike Flood (R-Neb.) and Brittany Pettersen (D-Colo.) introduced the Identifying Regulatory Barriers to Housing Supply Act. The bipartisan measure aims to increase housing supply by encouraging local governments to examine and reduce restrictive zoning and development policies. “Housing affordability is a major concern for communities nationwide,” said Flood, who chairs the...

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