Are mortgage buydowns a lifeline or a risk for new homebuyers?

The debate over the large builders’ elevated use of mortgage buydowns — and the potential risks to buyers — isn’t new. Reigniting the argument, a recent report from the American Enterprise Institute (AEI) asserts that mortgage buydowns among the large builders are artificially inflating new home prices, therefore creating a risk for buyers in the resale market. Publications and industry...

Connecticut governor signs bill to tackle affordable housing shortage

Connecticut Gov. Ned Lamont (D) on Wednesday signed a housing bill aimed at addressing the state’s shortage of affordable housing. H.B. 5002, a “much-debated” bill, according to CT Insider, passed during a special session in early November. The bill is a compromise from the version that Lamont had vetoed in June, which was followed by a special session to allow lawmakers more time to revise the...

$15M Hell’s Kitchen penthouse has a wraparound terrace the size of a small house

There are penthouses with great views — and then there’s PH6/7 at 611 West 56th Street, a 5,100-square-foot duplex perched high above Manhattan with its own 1,572-square-foot wraparound terrace. Listed for $15 million, the oversized two-level residence sits in a Pritzker Prize–winner–designed tower and delivers a true bird’s-eye look at the Hudson River, Midtown, and the far west...

12 beloved Thanksgiving-movie (and TV) homes, reimagined as Zillow listings

Thanksgiving movies don’t always get the same hype as Christmas classics, but they’ve given us some of the most memorable homes on screen — the places where chaos unfolds, relatives collide, pies burn, and someone inevitably ends up carving the turkey badly. And since half the fun of these movies is low-key judging the interiors (and imagining what they’d go for in today’s market), it only...

U.S. Pending Home Sales Rose in October

Yet, Year-Over-Year Pending Activity Still Lags Pending home sales picked up in October 2025 as lower borrowing costs and improving sentiment helped bring more buyers into the market, though contract activity remained slightly below last year's levels, according to a report released Tuesday by the National Association of Realtors. The NAR Pending Home Sales Index climbed 1.9% from September 2025, marking...

FirstClose names Adam Nicholson director of professional services

FirstClose, a fintech provider of data and workflow technology for mortgage and home equity lenders, announced on Tuesday that it has appointed Adam Nicholson as director of professional services. Nicholson, who has spent more than a decade leading implementation and professional service teams in the fintech space, will lead the company’s implementation operations along with overseeing project...

Hillwood backs new homebuilding fund as AD&C credit tightens

The one thing that’s unambiguous right now in residential development and new construction is that the $80-to-$100 billion homebuilders throughout the U.S. draw on to site and build the new homes they plan to sell in 2026 and each year beyond is harder to get and more expensive to finance. National Association of Home Builders VP for Survey and Housing Policy Research Paul Emrath provided new data to...

Former local Realtor association CEO charged with grand theft

Former East Polk County Association of Realtors (EPCAR) CEO Jennifer Garula-Mers has been charged with grand theft after she allegedly stole over $81,000 from the trade association, leaving it “all but broke,” according to the Polk County Sheriff’s Office (PCSO). The Florida-based Realtor association’s former CEO was arrested on Friday by the PCSO, which had issued a warrant for her arrest the...

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