Real Estate Wire
Real estate industry news and analysis, published daily from the United States: residential, commercial, mortgage and proptech. Original reporting and analysis alongside a curated feed of the day's coverage from the wider trade press, each item linking to the publication that reported it.
Latest coverage
- Mortgage lenders eyeing DIY tech face governance traps that cost more than a vendor contract Mortgage
Building your own mortgage technology looks cheaper until you price in security audits, multi-tenant architecture and long-term maintenance. Melissa Langdale, chief executive officer and founder...
- Manchester-Nashua Falls Out of Top 20 Hottest Markets After 6-Year Run Residential
Manchester-Nashua, NH, which ranked first more times than any other metro in Realtor.com history, slipped to 38th in September after sitting eighth as recently as July. Homes are sitting nearly a...
- Bond market rout pushes 10-year Treasury to 5.36%, squeezing U.S. homebuyers Mortgage
A global bond sell-off, driven by oil-shock inflation, sovereign debt fears and AI capital spending, has pushed the 10-year Treasury yield to a two-decade high and lifted 30-year fixed mortgage...
- Kyle Technology Park opens its first 75,000 sq ft of flex industrial space in Central Texas Commercial
Cadence McShane Construction Company has completed the first phase of Kyle Technology Park, a three-building warehouse project in Kyle, Texas, developed for TIG Real Estate Services, Inc. The...
- ALTA Pushes to Narrow FinCEN Rule as Seller Fraud Attempts Double Residential
American Land Title Association CEO Chris Morton says seller impersonation fraud attempts hit 59 percent of title firms last year, more than double the prior survey's figure, and the organization...
- Fitch stress test gives mortgage and title insurance sectors lowest AI disruption score Mortgage
Fitch Ratings has run a formal AI stress test across its rated issuers and assigned both mortgage insurers and title insurers its lowest possible disruption score, a 20 out of 100, meaning no...
- FASB proposes mandatory recapture inclusion in MSR fair-value calculations Mortgage
The Financial Accounting Standards Board has put out a proposal that would make recapture a required input in residential mortgage servicing right valuations, ending a split in current practice....
- Restored 1890s Jersey City Brownstone Lists at $1.2 Million After Multi-Year Renovation Residential
A four-story Bergen Hill brownstone built in the 1890s has hit the market at $1.2 million following a multi-year restoration that preserved original millwork, flooring and fireplaces while adding...
- Self-storage advertised rents slide further negative as supply glut persists Commercial
Advertised self-storage rates fell 1.9% year over year in August, the steepest decline in recent months and a worsening trend from June and July, according to Yardi Matrix. Only a handful of major...
- Peak Capital Partners Acquires 105-Unit Detroit-Area BTR Community from Highgate Residential
Peak Capital Partners has purchased Stonehaven, a build-to-rent single-family rental community in Shelby Township, Michigan, from Highgate Capital Group, according to Multi-Housing News citing...
- Multifamily Owners Face $757B Maturity Wall With Rates Doubled and Values Down 20% Commercial
A record wave of loan maturities is forcing apartment owners to choose between selling at steep losses, handing keys back to lenders, or refinancing at rates roughly double what they paid at...
- Eagle Hills Targets $12B Maldives Island in Largest-Ever FDI for the Country Commercial
Abu Dhabi developer Eagle Hills has announced a $12 billion mixed-use island project in the Maldives, the largest foreign direct investment in that country's history, according to Propmodo. The...
- Pulte pledges large MBS purchases as Fannie and Freddie holdings slide Mortgage
Federal Housing Finance Agency director Bill Pulte announced Friday that Fannie Mae and Freddie Mac are ramping up mortgage-backed securities purchases after three straight months of declining...
- Durst Lands Southwestern Cocktail Bar at South Street Seaport Commercial
Mesa Bar has signed a lease at 220 Front Street in Manhattan's South Street Seaport Historic District, according to Connect CRE. The Durst Organization made the announcement, with the bar expected...
- Napster Drops Fort Lauderdale Studio Campus After AI Pivot Commercial
Napster, the rebranded digital media company formerly known as Infinite Reality, has walked away from a planned headquarters and production studio complex in Fort Lauderdale, returning the project...
- DOJ closes Powell criminal probe, Fed renovation fight winds down Commercial
Attorney General Todd Blanche has confirmed the Justice Department will not reopen a criminal investigation into former Federal Reserve Chairman Jerome Powell over his oversight of the central...
- FHFA's Pulte set to drop tri-merge credit rule for Fannie and Freddie Mortgage
Federal Housing Finance Agency Director Bill Pulte is expected to announce a shift from three-bureau to two-bureau credit reporting for loans sold to Fannie Mae and Freddie Mac, with an...
- Poettker Construction promotes Jon Carroll to EVP and chief innovation officer Commercial
Poettker Construction Company, based in Breese, Illinois, has elevated longtime executive Jon Carroll to a newly defined role overseeing technology adoption and operational innovation. Carroll...
- Rate shopping, credit scores and down payment timing can shift buying power by $28,400 Mortgage
Mortgage rates crossed 7% for the first time since January 2025, but a Realtor.com analysis of 2025 Freddie Mac loan data shows individual borrowers land anywhere from 6.50% to 7.43% in the same...
- Man Group strategist: 5.5% Treasury yields put AI spending and consumer credit at risk Mortgage
Man Group Plc Chief Market Strategist Kristina Hooper told Bloomberg Television on Monday that long-end Treasury yields are moving fast enough to threaten the two forces sustaining US economic...
- Adolfson & Peterson completes two recreation facilities in Greenville, Texas Commercial
A 120,390-square-foot SportsPark Center and an expanded Reecy Davis Sr. Recreation Center have both opened in Greenville, Texas, following construction that began in September 2024. The projects,...
- AI Security Cameras Win Over 82% of Homeowners, But the Subscription Costs Add Up Residential
A new study commissioned by Vivint found that 82% of American homeowners would pay more for AI-powered security cameras that actively deter threats rather than simply record them. The technology...
- Compass Deploys Roadshows to Drive AI Adoption Across 83,000-Agent Network Proptech
Compass rolled out its AI Assistant platform to its full agent base this summer, using executive roadshows and in-office training to push adoption. Within weeks of launch, roughly 15,000 agents...
- Federal judge dismisses ERISA class action against United Wholesale Mortgage Mortgage
A federal judge has thrown out a class action lawsuit brought by former United Wholesale Mortgage employees who claimed the company mismanaged their 401(k) plan to the tune of roughly $1.8...
- Texas and California move to restrict data center permits amid political backlash Commercial
Texas Governor Greg Abbott has ordered a halt to new environmental permits for data centers connecting to the state's electrical grid, while California is also moving toward tighter restrictions....
- Equus Capital Partners Acquires 226-Unit Chicagoland Multifamily Asset in Geneva Commercial
Equus Capital Partners has purchased Ashford at Geneva, a 226-unit garden-style apartment community in the Chicago suburb of Geneva, Illinois, through a joint venture with a domestic public...
- CBRE sells 374-unit Milwaukee multifamily portfolio for $60M Commercial
Weidner Apartment Homes has sold two adjacent Milwaukee apartment communities totaling 374 units for $60 million. CBRE brokered the deal and arranged financing for the buyer. The transaction...
- U.S. Residential Mobility Hits Record Low as Millennials Lead the Pullback Residential
Americans are relocating at the lowest rate since federal tracking began in 1948, with millennials and lower-income households showing the sharpest declines, according to new Bank of America...
- 1834 Nantucket Sea Captain's Home Lists at $32 Million on Main Street Residential
The George C. Gardner House at 141 Main Street, Nantucket, has come to market at $32 million, according to Realtor.com News. The Greek Revival property, built around 1834 and twice restored over...
- Woolworth Building's Highest Two-Bedroom Lists at $5.79M in Tribeca Residential
A 2,548-square-foot condominium on the 41st floor of the Woolworth Building has returned to market at $5.79 million, according to Realtor.com. The unit is the highest-floor two-bedroom in the...
- Hagens Berman eyes class action over MRED-Compass private listing deal Residential
The law firm behind several major commissions cases is now recruiting Chicagoland homebuyers who purchased after April 24, alleging an MRED-Compass monopoly caused them to overpay. The move adds a...
- Disconnected property and accounting systems are destroying portfolio value quietly Proptech
Revenue leakage, missed lease events and six-figure compliance penalties are the documented cost of property management and accounting platforms that do not talk to each other. Propmodo lays out...
- Building data stays locked out of ERP systems, costing commercial real estate its seat at the table Proptech
Office buildings throw off enormous amounts of operating data, but almost none of it reaches the accounting systems where commercial real estate budgets are set. Tying each building's maintenance,...
- Bugatti to Brand 60-Story Brickell Tower in First U.S. Residential Play Commercial
Prosper Group and Versluys Group have secured Bugatti's nameplate for a 183-unit condominium tower at 66 Southwest 6th Street in Miami's Brickell neighborhood, according to Propmodo. The $650...
- Zillow: Renters save $12,792 a year over buyers as cost gap widens Mortgage
The monthly cost of buying a home now runs $1,066 more than renting, according to a Zillow report covered by Scotsman Guide, and that gap has been growing. In the priciest coastal markets the...
- Sun Belt foreclosure rates lead nation as completed repossessions surge 42% year-over-year Mortgage
South Carolina, Nevada and Florida posted the worst foreclosure rates in August, while lenders nationwide completed repossessions on 5,794 homes, up 42.1% from the same month last year, according...
- Pennymac and UWM push early conforming limit above $845K set by rivals Mortgage
Pennymac is accepting loans up to $850,000 and UWM up to $847,440 under early conforming limits, topping the $845,000 threshold set last week by Rocket, CrossCountry and Rate. The moves let...
- Bay Area Multifamily Hits 97.6% Occupancy as AI Demand and Supply Freeze Drive Investor Rush Commercial
San Francisco and San Jose are posting the tightest apartment vacancy rates in the country, with effective rents up as much as 10.6% year-over-year, according to Bisnow. A near-total absence of...
- SCIF Construction Booms Across Greater D.C. as Defense Spending Surges Commercial
Demand for sensitive compartmented information facilities is surging across Northern Virginia and Maryland, driven by record defense contract spending and new federal security directives. JLL's...
- CoStar names Felix Kusch president of Homes.com after two-year vacancy Proptech
CoStar Group has appointed European portal veteran Felix Kusch as president of Homes.com, filling a leadership gap that opened when David Mele departed in May 2024. The hire lands as Homes.com...