Real estate news covering housing prices, mortgage rates, commercial real estate, REITs, and property market trends.
A Realtor.com report declares the US housing bidding war era over, shifting leverage to buyers. Homes priced correctly sell quickly, while overpriced homes sitting 18 weeks sell for 1.3% less. Buyers in the $750k-$2M range have the most leverage, and condos underperform single-family homes.
Median home prices in rural US counties have risen about 60% since 2019, outpacing suburban and urban areas. The median hit $281,000 in late 2023, driven by relocators seeking land, privacy, and lower costs.
Mavrek Development and Cross Street started pre-leasing for converting 65 E. Wacker Place into 252 residential units, with first move-ins in August 2026. The $106M project includes 51 affordable units and is supported by $17M in historic tax credits.
Dashdot encouraged customers to proceed with property investments just days before entering voluntary liquidation in May 2026. The buyer's agency has estimated liabilities of $16.6 million, including $10.6 million owed to nearly 700 customers, with only $71,000 in assets.
Garbe formed Berkeley Garbe LLC with Boston-based Berkeley Investments to develop industrial, multifamily, and renewable energy projects in New England. The partnership builds on over $1 billion in prior deals since the early 2000s.
This commentary argues that downtown Denver's commercial real estate distress, characterized by high vacancy rates and foreclosures, presents a unique investment opportunity for developers and the city. It contends that office-to-residential conversions, supported by public financing, can revitalize the urban core and restore vibrancy.
This commentary argues that pocket listings, which keep residential properties off the Multiple Listing Service, reduce transparency and skew market data. It contends that while they offer privacy for certain sellers, they limit buyer access and negotiating power, and the trend is controversial within the real estate industry.
Colombian buyers spent $925 million on Florida real estate in 2025, more than triple the previous year, driven by economic weakness and political uncertainty ahead of the June 21 presidential runoff. Colombian searches for Miami real estate surged 29% year-over-year, making them the leading nationality for online views.
Lennar expects Q3 2026 EPS of $1.20-$1.40 and lowered annual deliveries to 82,000-83,000 amid macro uncertainty. The homebuilder delivered 20,519 homes in Q2, near guidance midpoint, with gross margin improving to 15.6%.