Why it will be hard to get mortgage rates over 7%
Can mortgage rates get to 7% or above this year, given the continued nature of the Iran conflict? While not part of my forecast in 2026, the Iranian conflict has changed a lot of things. However, even with all the drama this year, mortgage rates have still not reached 7%. Today I’ll explain why we h
Sotheby’s International Realty acquires Majestic Realty Collective
Sotheby’s International Realty has acquired Majestic Realty Collective, a luxury real estate organization operating multiple Sotheby’s International Realty affiliates across the western U.S. The acquisition expands Sotheby’s International Realty’s presence in luxury and resort markets, adding operat
Douglas Elliman launches AI-focused business unit, broader tech overhaul
Douglas Elliman announced today a companywide technology transformation aimed at consolidating systems, automating operations and developing new real estate intelligence capabilities through a newly formed business unit called Elius. The New York-based real estate firm said the initiative will opera
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