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May’s new-home sales data reveals a shrinking affordable market
Why the Bed Bath and Beyond deal is worth your attention
Little Change in Mortgage Application Activity
Mortgage rates remain elevated but application volume remains higher than last year at this time, according to the latest data from the Mortgage Bankers Association (MBA). The latest Market Composite Index from the MBA—its measure of mortgage loan activity volume and includes purchases and refinances—shows little change in application activity this week, increasing 1.0% on…
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REBNY Names Jonathan L. Mechanic Next Chair of the Real Estate Board of New York
Above, Jonathan L. Mechanic The Real Estate Board of New York (REBNY) announced that Jonathan L. Mechanic, chairman of law firm Fried Frank’s Real Estate Department, has been elected to serve as the next chair of REBNY. His election marks the first time in REBNY’s history that a practicing attorney will lead the organization. “Jonathan…
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Industry Briefing: Hoby Hanna Talks Growth, Leadership and Consolidation in a Changing Market
Above, from left: Howard ‘Hoby’ Hanna and John Featherston Howard Hanna Real Estate Services has seen significant growth and expansion over its nearly 70 years in business, even amid the intense consolidation currently taking place in the residential real estate industry. During the latest RISMedia Industry Briefing, RISMedia Founder and CEO John Featherston sat down…
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UAE billionaire’s son revealed as buyer of £190mn London mansion - Financial Times
New-Home Sales Dip as Construction Faces Continued Affordability, Demand Challenges
Affordability and decreased buyer demand continue to put downward pressure on the housing construction industry, with new-home sales seeing a significant month-to-month dip in the latest data from the Census Bureau and the Department of Housing and Urban Development. The New Residential Sales report saw new-home sales fall 7.3% to a rate of 580,000 in…
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Building for What’s Next
When Nick Van Assche set out to grow Sea Glass Properties into a full-fledged franchise operation, he knew that vision without infrastructure was just a dream. As a partner at the Virgin Islands-based brokerage with 140-plus agents that has sold over $2.4B of resort/lifestyle/second-home real estate and an emerging franchisor with ambitious expansion plans, Van…
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President Trump Postpones Signing Housing Bill as NAR Highlights ‘Consensus’
The long-debated 21st Century ROAD to Housing Act made it past its final vote in Congress when the House approved the omnibus bill by a 358-32 vote last night. However, on its last leg to passage, it hit a snag when President Donald Trump announced on social media this morning that he was canceling the…
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Real Brokerage surpasses 35K agents as REMAX deal progresses
Judge Drops Real Broker, Frano Team From Zillow RESPA Lawsuit
A federal judge has ordered two of the real estate defendants in the high-stakes Taylor v. Zillow class-action lawsuit to resolve their claims through arbitration, effectively pulling them out of court proceedings for now. U.S. District Judge James L. Robart granted a motion to compel arbitration filed by Real Broker, LLC and Florida-based Frano Team…
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Empty Nest on Hold: 1 in 3 Adults Under 35 Haven’t Moved Out
Homebuyers with kids might be advised not to land on a home too small if they intend to stay there, as a new report explains that their offspring may very likely be with them there past college years. A record 25.2 million adults under 35 lived with their parents in 2025, surpassing even the pandemic…
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