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...

Newrez wholesale leader Tony Kottenbrock talks about growing non-QM

Non-QM production at multi-channel mortgage lender Newrez has surged 40% in recent months, with company leaders pointing to enhanced guidelines and growing demand for second mortgages as key drivers of record-breaking wholesale production. Coming off of the company’s Q3 2025 earnings report on Thursday, Tony Kottenbrock, Newrez‘s head of wholesale, sat down with HousingWire to talk about the...

Realtor.com releasing 3D “FlyAround” property viewing tool

Realtor.com plans to introduce a new 3D property viewing tool called FlyAround. The tool allows users to explore homes and neighborhoods through a low-altitude satellite view. The feature will begin rolling out in the coming weeks. FlyAround uses Google Maps’ 3D technology and is powered by TopHap Inc. It integrates directly into property listing pages — offering a visual experience that shows...

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