CMLS urges antitrust regulators to back MLS collaboration

The Council of Multiple Listing Services (CMLS) has asked federal antitrust regulators to explicitly recognize multiple listing services (MLSs) as pro-competitive collaborations as the government updates guidance on how competitors can work together. In a May 26 comment letter to the U.S. Department of Justice (DOJ)’s Antitrust Division and the Federal Trade Commission (FTC), CMLS argued that MLSs...

$11M Penthouse atop Houston’s Belfiore turned a raw concrete shell into a mansion in the sky

Most luxury penthouses start with an apartment. This one started with raw concrete. High above Houston’s Uptown skyline, Penthouse 2502 at Belfiore Condominiums has officially hit the market for $11 million after undergoing one of the more ambitious luxury transformations Houston has seen in years. Justin Dugat and Misty Meredith of Douglas Elliman hold the trophy listing. The nearly...

This 222-year-old Greenwich estate is surprisingly modern (and genuinely fun)

Some houses tell one story. This one feels like it’s juggling at least nine of them at once. There’s the 222-year-old historic Connecticut home. The sleek modern architectural expansion. The restored stone carriage house connected by glass. The resort-style backyard. The architectural treehouse. The sculptural jungle gym built from telephone poles. The HOBI Award-winning redesign. And somehow,...

Pennsylvania lawmakers set to vote on home equity investment regulations

Pennsylvania lawmakers are moving to bring home equity investment (HEI) companies under state banking oversight, with a floor vote scheduled June 1. The legislation, House Bill 2120, would subject shared appreciation agreements to similar regulations as those governing traditional lenders. The proposed action comes as a state representative accuses one company of attempting to “mislead” the...

Zillow and CoStar continue to spar over Matterport 3D tours

More than six months after Zillow first pulled Matterport’s 3D tours from its website in October 2025, due to Matterport’s updated terms of service, the two companies are still debating whether Zillow can display the tours on its website.  In a statement on Wednesday, Matterport president Rob Hines wrote that his firm has “repeatedly told Zillow, both publicly and in direct letters to Zillow,...

Scale is now table stakes for private builders, Eastwood proves it

Word that Eastwood Homes would acquire Atlanta-based Peachtree Building Group on Tuesday came as any private-to-private combination might. An energized, well-led, fast-growing Carolinas-based private homebuilder was expanding its reach and deepening its foothold in one of America’s most strategically attractive housing markets. What we learn as the story behind the transaction – the one that...

Mamdani’s $22 billion ‘grand bargain’ for NYC affordable housing

Zohran Mamdani ran for mayor on one promise: make New York City affordable again. This week, he moved to further dismantle the rules New York spent decades erecting to prevent residential density. Mamdani released a 10-year housing plan pledging to build 200,000 new affordable homes while preserving 200,000 more. “These are the most ambitious affordable housing goals any mayoral administration has...

Zillow, MRED face July 1 hearing after restraining order on feeds

While Chicago-based federal Judge John Tharp, Jr. did order Midwest Real Estate Data (MRED) to restore its listing feeds to Zillow on Friday, amid the listing portal giant’s antitrust lawsuit against the Chicagoland MLS and Compass International Holdings, Zillow’s Chicagoland listings may still be at risk. The order partially granted Zillow’s motion for a temporary restraining order against MRED,...

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