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Spirit Halloween’s meme-worthy $2 billion business is successful thanks to scooping up short-term leases from bankrupt stores

The store that kinda just appears one night in your local mall like an apparition only has a few months to make a year’s worth of revenue. But thanks to its ~1,500 pop-up locations and 50,000 seasonal workers, Spirit Halloween remains the king of spooky spending.The early aughts mall icon Spencer Gifts bought Spirit in 1999, and when current Spencer’s CEO Steven Silverstein started in 2003, the Halloween retailer had just 130 stores around the US...

Emily Williams in Real Estate 2026-01-22 22:48:03

‘We’ve probably made housing unaffordable for a whole generation of Americans’: top real-estate CEO on the real cost of Covid economic firefighting

The sweeping economic interventions launched during the Covid-19 pandemic may have made American homes less attainable for millions—a reality the housing market will need years, if not decades, to correct, warns top real-estate executive Sean Dobson. The Amherst Group CEO, whose subsidiary Main Street Renewal is one of the country’s largest institutional landlords, told ResiClub‘s Lance Lambert that he believes the aftershocks of loose lending in...

Robert Miller in Real Estate 2026-01-19 16:53:30

Zohran Mamdani’s signature housing policy is widely loathed by economists. Here’s why

New York City Mayor-elect Zohran Mamdani swept to victory Tuesday evening on a platform of affordability, anchored by a plan to freeze rents across nearly 2 million rent-stabilized apartments. Recommended VideoBut economists, universally, hate rent control. In a 2012 poll of top economists, just 2% agreed that rent-control laws have had “a positive impact” on the supply and quality of affordable housing. The Nobel laureate Richard Thaler eve...

David Jones in Real Estate 2025-12-27 20:17:47

Condo feud erupts on Miami’s Fisher Island over $180 million lot

Investors including billionaire Jorge Perez have plans to build luxury condo towers on a lot they bought for $180 million on Fisher Island in South Florida. Miami-Dade County officials, suddenly panicked about the effect on the local economy, are trying to stop them. Recommended VideoThe parcel is the last sliver of land available for high-end residential development on the posh island, which was recently named the most expensive Z...

John Johnson in Real Estate 2026-01-13 16:32:04

Now is the worst time to flip a home. It hasn’t been this bad in nearly two decades

It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses. That’s the lowest profit margin for such transactions since 2008, according to an analysis by Attom, a real estate data company.Recommended VideoGross profits — the difference between what an investor paid for a property and what it sold for — fell 13.6% in the second ...

Michael Brown in Real Estate 2026-01-24 04:26:18

A risky mortgage instrument that helped spark the Global Financial Crisis is on the rise again. It’s a gamble on the Fed’s future direction

A risky mortgage instrument that helped spark the Global Financial Crisis is on the rise, but three things are different this time around.Recommended VideoAdjustable-rate mortgages (ARMs), once the villain of the subprime meltdown, are surging in popularity as homebuyers look for savings in a high-rate era. The share of ARMs reached nearly 13% of all mortgage applications this fall, per the Mortgage Bankers Association, the highest level since 20...

John Jones in Real Estate 2026-01-07 02:49:53

Escape from New York: Impending election of a democratic socialist mayor has the wealthy fleeing to the suburbs

The wealthy in New York City are on the move, spurred by what some are calling the “Mamdani effect”—a sudden surge of outward migration in anticipation of Zohran Mamdani, a democratic socialist, likely taking the reins as mayor this November.Recommended VideoAs polls point ever more decisively to a Mamdani victory in the fast-approaching Nov. 4 election, Manhattan’s elite are quietly packing their bags and setting their sights on the rolling lawn...

Emily Miller in Real Estate 2025-12-29 17:01:14

Housing costs are so high some Americans are delaying milestones like getting married, having kids and even adopting a pet

Americans are sacrificing a lot just to be able to afford a roof over their head. Recommended VideoAccording to a recent Redfin survey, more than 44% of U.S. homeowners and renters said they struggle to afford their mortgage or rent payments. And because of that, they’ve been forced to forgo dining out at restaurants and taking vacations. But what’s more alarming is they’re delaying major life milestones like getting married and having ...

David Davis in Real Estate 2026-01-26 07:53:40

Jay-Z’s Times Square casino shot down by Broadway neighbors in ‘despicable display of cowardice,’ developer argues

A proposed Caesars Palace casino in Times Square that’s backed by Jay-Z lost its bid for a gambling license Wednesday after running into fierce opposition from Broadway theater owners and producers who were worried about its potential impact on the theater district.Recommended VideoA state-commissioned community advisory committee brought the curtain down on the $5.4 billion plan to redevelop an office tower into a Caesars-bra...

John Davis in Real Estate 2026-01-08 01:21:34

The housing market, workers, and the economy are all stuck

The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years.Recommended VideoAbout 28 out of every 1,000 homes changed hands between January and September, the lowest U.S. home turnover rate going back to at least the 1990s, according to an analysis by Redfin.The home turnover rate represents the number of homes sold, divided by the total number...

Emily Johnson in Real Estate 2026-01-13 23:36:09

Trump’s housing chief calls Jerome Powell a ‘maniac’ who is ‘deranged,’ arguing high mortgage rates are ‘really hurting people’

President Donald Trump’s housing chief has strongly criticized Federal Reserve Chair Jerome Powell, labeling him a “maniac” and “deranged,” while blaming persistent high interest rates for widespread financial hardship among Americans. This fiery characterization comes as economic anxiety continues to grip the country, with housing costs climbing to levels not seen in decades.Recommended VideoThe remarks came from Bill Pulte, the director of the ...

Jane Jones in Real Estate 2026-01-12 17:17:30

Why boomers keep winning in the housing market as ‘investors and second-home buyers’ continue to dominate

All-cash offers have cemented their place as a formidable force in the U.S. housing market, accounting for nearly one in three home purchases in the first half of 2025, according to the latest analysis from Realtor.com. The data reveals that about 32.8% of home sales so far this year were completed fully in cash—a figure only slightly lower than last year, but significantly above pre-pandemic norms. These transactions are “especially common at th...

Jane Jones in Real Estate 2026-01-13 13:29:08

Millennials are defying warnings about the housing market with a ‘buy now, pray later’ attitude, but boomers could block them

Millennials accounted for roughly half of 2024 mortgage applications across the 50 largest U.S. metros, and they led even in the priciest tech hubs, underscoring their role as the market’s most active buyer cohort despite affordability headwinds, according to new Realtor.com data.Recommended VideoFortune’s recent coverage shows many younger buyers are “buying now, praying later,” leaning on adjusted-rate mortgages (ARMs) or refinancing—an approac...

Jane Davis in Real Estate 2026-01-18 22:05:38

This 38-year-old used to be homeless and now pays $19 per month for an apartment over an LA subway station thanks to affordable housing

After years of living on the street and crashing on friends’ couches, Quantavia Smith was given the keys to a studio apartment in Los Angeles that came with an important perk — easy access to public transit.Recommended VideoThe 38-year-old feels like she went from a life where “no one cares” to one where she has a safe place to begin rebuilding her life. And the metro station the apartment complex was literally built upon is a lifeline as sh...

Jane Brown in Real Estate 2025-12-26 17:48:58

The housing affordability crisis is so bad that the average American first-time homebuyer is 40 years old

The American dream of homeownership, long a symbol of stability, achievement, and upward mobility, is facing unprecedented challenges as the median age of the average first-time homebuyer in the United States has soared to 40 years old, according to newly released data from the National Association of Realtors (NAR).Recommended VideoA year ago, the median age was 38 years old, and that’s up from 36 in 2022, 33 in 2020 and 28 in 1991.“It’s kind of...

Emily Davis in Real Estate 2026-01-16 06:32:23

The average American homeowner lost $9,200 in home equity during the last year. It’s not a collapse but a ‘long-term market correction’

Owning a home is considered one of the best and most financially savvy a person can make—if you can afford it. After all, it’s the largest asset class in the largest financial market in the world, and the 30-year mortgage is a unique American invention that (theoretically) invites everyone into the American Dream of homeownership.Recommended VideoBuying a house allows people to build equity and wealth over time by making mortgage payments that re...

Emily Miller in Real Estate 2026-01-12 10:34:50

Gen Z’s housing bust laid bare: 15 million more adults under 35 are living with their parents than a decade ago

A potentially worrisome trend is emerging among young adults. Instead of landing a job and moving to the big city after graduation, many are moving back into their childhood homes instead. About 1.5 million more adults under 35 live with their parents today than a decade ago. That’s a 6.3% jump, more than double the rate of growth for the young adult population overall.Recommended VideoThe issue is affordability. Over the past decade, urban rents...

Robert Jones in Real Estate 2026-01-26 07:56:48

Black Friday deals aren’t just for holiday shopping. Homebuyers are getting record-high discounts as desperate sellers offer multiple price cuts

After the spring selling season flopped, the housing market is finally heating up in the colder autumn months as sellers slash prices more aggressively.Recommended VideoWhile the typical individual discount remains $10,000, sellers are increasingly offering multiple reductions as tepid demand leaves homes on the market for longer, according to Zillow. As a result, the cumulative price cut in October hit $25,000, matching the largest discount...

John Miller in Real Estate 2026-01-14 21:16:47

The 50-year mortgage would cost you nearly $400k more than the standard, AP analysis says

The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism from policymakers, social media and economists, who said a 50-year mortgage would do little to resolve other core problems in the housing market, such as a lack of supply and high interest rates.Recommended VideoBill Pulte, director of the Federal Housing Finance Agency, sa...

Sarah Brown in Real Estate 2026-01-13 07:32:18

Millennials and Gen Zers are clamoring to break into the housing market. But this real estate expert says ‘not everyone should be an owner’

Millennials and Gen Z are clamoring to break into the housing market—a feat seemingly impossible in an inflationary period with high home prices and mortgage rates. But one real estate veteran says owning a home might not be all it’s cracked up to be right now.Recommended Video“If your whole thinking is like, ‘Oh, I should buy a home because I’m at that age, and I should buy a home,’ I don’t think that’s a good reason to own a home,” Amir Korangy...

Jennifer Davis in Real Estate 2025-12-30 09:57:20

Walmart has spent more than $110 million buying malls this year in a move to become a property owner, not just a tenant

While Americans are buying trash bags and Great Value soda at Walmart, Walmart is buying…malls.Recommended VideoThe big-box colossus just snagged a Norwalk, CT, retail plaza for $44.5 million, beating out a “substantial” amount of interest in the space by laying out the juiciest offer, according to Jeff Kintzer, a principal at Royal Properties, which represented the seller.A Walmart store anchors the shopping center, so the chain moving...

Emily Miller in Real Estate 2026-01-20 13:18:23

America’s landlords settle claim they used rent-setting algorithms to gouge consumers nationwide for $141 million

Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class action lawsuit accusing landlords of driving up housing costs by using rent-setting algorithms offered by the software company RealPage.Recommended VideoGreystar, the nation’s largest landlord, would pay $50 million under the proposed settlement agreement, which was filed Wednesday in a Tennessee federal c...

Jennifer Williams in Real Estate 2026-01-22 20:08:51

Gen Zers are flocking to these Midwest housing markets where homes are about 30% cheaper than the coasts

Younger generations are looking to the Midwest for homeownershipbecause of the region’s significantly lower housing costs compared to major coastal cities. Many Midwest metros have median home prices well below the national average, while also offering a lower cost of living. As a result, some Midwest cities have higher rates of young homeowners.Younger generations are typically associated with wanting to live a big-city lifestyle, but the high c...

Michael Brown in Real Estate 2026-01-07 22:31:12

Trump calls his 50-year mortgage idea ‘not even a big deal’ while insisting ‘the economy is the strongest it’s ever been’

President Donald Trump played down the significance of his proposed 50-year mortgage plan in a recent interview, calling it “not even a big deal… it might help a little bit,” during a segment on Fox News with Laura Ingraham. The idea, which aims to extend mortgage terms for Americans, has triggered a wave of criticism across the political spectrum, as Ingraham noted, with some labeling it a financial trap for homebuyers and a windfall for banks.R...

Jane Williams in Real Estate 2026-01-08 05:45:32

Home sales are headed for their worst year since 1995 as ‘economic jitters’ spread from buyers to sellers, Redfin says

There’s recently been a little bit of breathing room in the U.S. housing market as mortgage rates have slightly declined and home price increases have started to steady. But both buyers and sellers are still cautious. Recommended VideoFewer homeowners are putting their homes on the market: Active listings fell 1.4% in August, which represents the biggest monthly decline since 2023, according to a Monday report from Redfin. “High housing...

Robert Williams in Real Estate 2026-01-14 04:38:10

Self-made millionaire Barbara Corcoran reveals her ‘golden rule’ of real estate investing

Barbara Corcoran is renowned for her heart-over-head investment decisions—and for bucking conventional finance wisdom, including proudly not saving a “dime” of her substantial wealth. But she must be doing something right, considering she’s worth about $100 million, and she revealed some keys to her success in real estate.Recommended VideoCorcoran appeared on theBiggerPockets Real Estate Podcastwith her son Tom Higgins to describe two methods she...

Jennifer Smith in Real Estate 2026-01-13 10:12:47

Would-be homebuyers are getting cold feet and backing out of deals at a record pace as some sellers have a ‘hard time adjusting’ to new reality

It’s a buyer’s market, and that means house hunters are walking away from contracts more frequently, according to data from Redfin. Sellers outnumber buyers in the housing market by about 500,000, the real estate firm said, as it found that buyers are wielding more negotiating leverage and asking sellers to cover the cost of any repairs that need to be done and demanding price cuts.Recommended VideoAt the same time, many sellers are not accommoda...

Jennifer Williams in Real Estate 2026-01-18 19:32:27

Trump says the American Dream is on hold because ‘big homebuilders’ are ‘sitting on’ 2 million empty lots

When President Donald Trump compared “Big Homebuilders” to OPEC in a Sunday evening Truth Social post, he gave voice to a common populist trope: Greedy developers are hoarding the supply of houses and thus driving up costs. In many ways, it was classic Trump, sending a jolt through corporate America at one of the least expected times while embracing a populist policy point, and traversing across previously fiercely guarded partisan lines. It...

Michael Davis in Real Estate 2026-01-14 14:02:58

Trump’s 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates

A proposal floated by the Trump administration to create a 50-year mortgage product to improve housing affordability could offer significant immediate savings to homebuyers, but at the steep cost of a doubled interest payment burden over the life of the loan, according to a recent analysis by John Lovallo of UBS Securities.Recommended VideoCaveating that many basic questions remain unanswered, a back-of-the-envelope calculation shows a clear trad...

Sarah Jones in Real Estate 2026-01-03 01:24:35

Your boomer parents are probably living in a house too big for them. They’re frozen in place because of taxes, top economists say

There may be a straightforward solution for another kind of “lock-in effect” paralyzing the nation’s housing market: fix the tax code.Recommended VideoRecent analysis from Moody’s Analytics, led by Chief Economist Mark Zandi and Deputy Chief Economist Cristian deRitis, points directly to outdated capital gains tax caps as the culprit that is keeping millions of homes off the market and out of reach for families who need them most.According to the...

Sarah Smith in Real Estate 2026-01-12 15:04:32

The housing market’s fall surprise: Buyers are back, and Zillow says the momentum isn’t over yet

Zillow’s September 2025 housing market report reveals an unexpected surge of activity during what is typically real estate’s slow season. A dip in mortgage rates—combined with a strong stock market—sparked renewed energy among both buyers and sellers after a sluggish August.Recommended VideoNew listings climbed 3% year over year in September, reversing the 3% decline a month earlier. On a monthly basis, listings dipped 2%, outperforming the histo...

Emily Johnson in Real Estate 2026-01-14 18:03:57

The ‘Great Housing Reset’ is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts

Homebuyers may experience a reprieve in 2026 as price normalization and an increase in home sales over the next year will take some pressure off the market—but don’t expect homebuying to be affordable in the short run for Gen Z and young families.Recommended VideoThe “Great Housing Reset” will start next year, with income growth outpacing home-price growth for a prolonged period for the first time since the Great Recession era, according to a Red...

John Smith in Real Estate 2026-01-15 12:46:32

‘Oracle of Wall Street’ says boomers control the housing market, and their enormous equity will keep them in place — ‘There will be no quick fixes’

Baby boomers now own a majority of U.S. homes and have the financial means to stay where they are, keeping the housing market stuck for the foreseeable future, according to top Wall Street analyst Meredith Whitney.Recommended VideoThe CEO of Meredith Whitney Advisory Group, whose prediction of the Great Financial Crisis earned her the moniker “Oracle of Wall Street,” pointed out in aFinancial Timesop-ed that more than 54% of h...

Emily Williams in Real Estate 2026-01-15 20:07:19

The August home sales mystery: Top analyst says ‘implausible’ housing market data ‘defies credulity’

The U.S. housing market has delivered plenty of surprises in recent years, but few as puzzling as the data released for August. According to new government figures, new-home sales surged to an annualized 800,000 units last month, up sharply from July’s upwardly revised 664,000 and far above the consensus forecast of 650,000. For a sector weighed down by rising mortgage rates, stretched affordability, and a cooling labor market, the number was so ...

Jennifer Miller in Real Estate 2026-01-04 08:42:21

Real estate CEO says the luxury industry is all about one thing: a ‘return on ego’

For Ziad El Chaar, CEO of luxury developer DarGlobal, the future of the luxury industry isn’t measured purely in financial returns—it’s about emotional capital. While ROI is a return on investment, he said at the Fortune Global Forum in Riyadh on Monday, “In the luxury segment, we always say we’re giving you a lot of ROE: A return on ego.”Recommended VideoThat “return on ego,” Chaar explained, is what drives buyers toward exclusivity and identity...

Robert Jones in Real Estate 2025-12-31 01:20:34

Nearly 70% of Americans think the economy is on the ‘wrong track’ and even more think it’s a bad time to buy a home, Fannie Mae survey shows

A growing sense of economic pessimism is taking hold in the U.S., as new Fannie Mae survey data reveals nearly 70% of Americans believe the economy is headed in the wrong direction. An even higher percentage (73%) say it’s a bad time to buy a house. Coupled with mounting concerns about the housing market, the findings underscore the challenges facing would-be homebuyers, and paint an increasingly bleak picture for consumer sentiment as autumn beg...

Sarah Jones in Real Estate 2026-01-15 11:42:11

The ‘best time’ to buy a home is right around the corner. Here’s what you need to know

The housing market has been particularly brutal the past couple of years. While the pandemic ushered in an era of sub-3% mortgage rates, those climbed to levels peaking at 8% in October 2023. Current mortgage rates are still hovering around the low-6% range and home prices are 55% higher than they were at the beginning of 2020, according to the Case-Shiller U.S. National Home Price Index.Recommended VideoBut the U.S. housing market is slowly but ...

Jane Jones in Real Estate 2026-01-09 11:54:40

Florida landlords are turning away immigrants on temporary legal status as deportation worries loom

Doral Landings East, a gated Miami suburb consisting mainly of single-family homes, is experiencing an immigrant exodus.Recommended VideoMany Venezuelans lived and worked there under temporary programs that expanded during the Biden administration,The Wall Street Journalreported. But the community of 80,000 people, about 40% of whom are Venezuelan, is experiencing greater vacancy rates than surrounding communities. In Doral, vacancy rat...

John Smith in Real Estate 2026-01-22 19:00:18

Warren Buffett’s Berkshire Hathaway and Zillow say mortgage rates can’t fall enough for Americans to afford a home

Mortgage rateshave remained stubbornly high: hovering at more than 6%, well above the sub-3% rates during the pandemic. That makes homeownership increasingly unaffordable for many Americans, as home prices have risen more than 50% since 2020.During the pandemic, home buyers got accustomed to sub-3% mortgage rates, which made purchasing a house feel more achievable. But in the past couple of years, buyers have had no such luck.Recommended VideoIn ...

Emily Johnson in Real Estate 2025-12-27 13:08:55

A staggering 84% of Gen Z say they’re delaying milestones to buy a house. There’s ‘no single fix’ for the affordability crisis, real estate exec says

The American Dream of buying a home is still alive, but the path to get there looks very different from decades past. Recommended VideoA Coldwell Banker report shared withFortuneshows a staggering 84% of Gen Z say they’re delaying major life milestones like getting married, having children, changing careers, and getting a pet, just to afford to buy a home.Harris Poll surveyed more than 3,000 U.S. adults on behalf of residential and commercia...

John Johnson in Real Estate 2025-12-28 22:26:48

A billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury

A quaint, 37-home neighborhood an hour from Miami is attracting moneyed residents, including actor Mark Wahlberg, despite not having a private golf club or coastline—instead its major selling point is privacy and a well-trained security staff of former military and police.Recommended VideoStone Creek Ranch, located in Delray Beach, Fla., is one of the hottest new neighborhoods for the ultra rich, but it didn’t always start out that way. The devel...

Emily Williams in Real Estate 2026-01-22 07:24:19

Move over, 30-year mortgage. The Trump White House is working on a 50-year option to break the housing market gridlock

The Trump administration is moving forward with a plan to introduce a 50-year fixed-rate mortgage, a reform officials believe could make homeownership more feasible for millions of Americans amid soaring prices and mounting affordability concerns.​Recommended Video“Thanks to President Trump, we are indeed working on The 50-year Mortgage – a complete game changer,” Federal Housing Finance Agency Director Bill Pulte said Saturday in a statement rel...

Jennifer Brown in Real Estate 2026-01-10 02:49:11

The U.S. housing market is ‘starved’ for affordability: Boomers edge millennials and Gen Z out of homeownership in record numbers

High home prices and elevated mortgage rateshave made it increasingly difficult for Gen Z and millennials to buy homes. The median age of first-time U.S. home buyers has significantly jumped during the past decade. Because incomes have not kept pace with housing costs, many younger Americans are locked out of homeownership.It’s become increasingly difficult in recent years for young home buyers to break into the housing market. Between comparativ...

Jane Johnson in Real Estate 2026-01-16 21:59:43

A gauge of future home sales just turned negative—despite 9 straight weeks of falling mortgage rates

Mortgage rates have been coming down, but there has yet to be a spike in homebuying activity—and one leading indicator has even declined.Recommended VideoPending home sales, or signed contracts leading up to a sale, fell for the first time in nearly three months, slipping about 1% during the four weeks ending Sept. 21 compared to a year earlier, according to a Redfin report on Thursday.That’s despite the weekly average mortgage rate sliding for n...

John Johnson in Real Estate 2026-01-26 08:51:05

Deal emerges from antitrust lawsuit that alleged landlords used pricing software for ‘algorithmic collusion’ to drive up rent

Landlords could no longer rely on rent-pricing software to quietly track each other’s moves and push rents higher using confidential data, under a settlement between RealPage Inc. and federal prosecutors to end what critics said was illegal “algorithmic collusion.”Recommended VideoThe deal announced Monday by the Department of Justice follows a yearlong federal antitrust lawsuit, launched during the Biden administration, against the Texas-ba...

Jennifer Brown in Real Estate 2026-01-06 10:41:44

Here’s what the Fed rate cut means for your mortgage and the housing market

Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it.Recommended VideoAs expected, the central bank delivered a quarter-point cut Wednesday and projected it would lower its benchmark rate twice more this year, reflecting growing concern over the U.S. job market.Here’s a look at factors that determine mortgage rates and what the Fed’s latest move means for the hous...

Robert Davis in Real Estate 2026-01-15 22:01:38

‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, undercutting predictions of doom and escape to Florida

Escape From New Yorkisn’t just the title of a 1981 pulp classic starring Kurt Russell. It’s what Westchester County and Florida realtors told the world (includingFortune) about what would happen if Gotham elected a socialist mayor. But it’s time for a sequel with a different title. Recommended VideoIn the aftermath of much well-heeled panic about a potential mass exodus of New York millionaires and billionaires following the election of Zohr...

Jane Smith in Real Estate 2026-01-03 16:06:15

‘Living and working in Florida is like being in a toxic relationship,’ but the Northeast shows jarring differences, real estate founder says

In a candid interview, top real estate agent and founder of SYKES Properties, Erin Sykes, got real about the state of the Florida real estate market. “Living and working in Florida is like being in a toxic relationship,” she said at the ResiDay conference in an interview with ResiClub editor Meghan Malas.Recommended VideoNow, Sykes, whose firm showcases multimillion-dollar deals in both Florida and the Northeast, said she’s watching two Americas ...

Jane Jones in Real Estate 2026-01-01 11:27:35

AI startups are leasing luxury apartments in San Francisco for staff and offering large rent stipends to attract talent

The AI boom is bringing a wave of startups to San Francisco, and employees are receiving generous benefits in one of the country’s priciest housing markets. Recommended VideoRoy Lee, CEO of AI tech startup Cluely, which makes software for job interviews and work calls, toldThe New York Timesthat he leased eight apartments for employees in a recently-built luxury complex situated just a one-minute walk away from the office. The rents in the 1...

David Jones in Real Estate 2026-01-15 05:18:49

‘Very problematic’ disclosure of ‘confidential competitive’ data between Fannie Mae, Freddie Mac roils housing world

A confidant of Bill Pulte, the Trump administration’s top housing regulator, provided confidential mortgage pricing data from Fannie Mae to a principal competitor, alarming senior officials of the government-backed lending giant who warned it could expose the company to claims that it was colluding with a rival to fix mortgage rates.Recommended VideoEmails reviewed by The Associated Press show that Fannie Mae executives were unnerved about w...

David Davis in Real Estate 2026-01-15 03:53:10
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