Min 1 Empty Midtown towers are becoming rental apartments faster than at any point in modern development history. Developers started 9.5 million square feet of office-to-residential conversions in early 2026, shattering the previous year's 4.3 million square feet. Bisnow tracked construction commencements through mid-January showing the
Min 1 Cranes still swing over luxury towers in Austin and Phoenix, but the money already moved. Mid-tier apartments are printing rent gains while trophy buildings bleed tenants to concession packages. CoStar's National Multifamily Director Grant Montgomery tracked the divergence through Q4 data showing three-star properties captured 0.
Min 1 The National Association of Realtors Executive Committee approved 18 comprehensive updates to the MLS Policy Handbook on November 14-16, 2025, during NAR NXT in Houston, with all changes taking effect January 2026 following a comprehensive antitrust risk assessment by a preeminent national law firm. NAR is repealing policies
Min 1 Homeowners insurance premiums jumped over 24% nationally between 2021 and 2024, with states like Illinois seeing increases exceeding 50%, and Cotality Chief Data and Analytics Officer John Rogers projects another 8% increase in 2026 followed by 8% in 2027. Insurance now accounts for 9% of the typical U.
Min 1 ABC News Data Team analysis found at least 121 mortgage foreclosures in the Eaton Fire burn scar from January through September 2025, with 91 foreclosures recorded in the Palisades Fire zone during the same period as home values steadily dropped in both communities. The average home sale in
Min 1 Compass closed its $4.2 billion acquisition of Anywhere Real Estate on January 9th after DOJ leadership overruled antitrust staff who recommended an in-depth investigation, with the Wall Street Journal and Bloomberg reporting that antitrust chief Gail Slater sought extended review but got blocked by Deputy Attorney General
Min 1 Realtor.com analysis using data from Cotality and Quantarium found that destroyed homes in Pacific Palisades dropped in total value from $14.7 billion to $10.8 billion, while Altadena properties fell from $7 billion to $4.7 billion, erasing $8.3 billion in residential value 1 year
Min 1 Prologis CEO Hamid Moghadam stated publicly that every warehouse converted to a data center adds $500 per square foot in value, and now the world's largest industrial REIT plans up to 13 buildings on 576 acres near Shelbyville, Illinois, as part of a strategy to scale
Min 1 December existing home sales jumped 5.1% month-over-month to a seasonally adjusted annual rate of 4.35 million units as mortgage rates dropped below 6.2% for the first time since October, marking the strongest sales pace in nearly 3 years. The National Association of Realtors data shows
Min 1 Blackstone shares dropped 9% when President Trump posted his Truth Social announcement. American Homes 4 Rent fell 7% in the same hour. Wall Street panicked because Trump declared he would ban large institutional investors from purchasing single-family homes, yet AEI Housing Center tracked the actual numbers from March
Min 1: All Four Census Regions Posted Positive Absorption Office net absorption was negative in every one of four Census-defined regions—Midwest, Northeast, South, West—in second quarter 2025 but turned positive in every region in third quarter marking first time all four regions experienced demand growth since 2021. Breadth
Min 1: Inventory Rose 14% Year-Over-Year in West and South Inventory rose in every region in November led by West and South both up about 14% year-over-year while Midwest and Northeast saw smaller gains still having tighter supply according to December tracking. National median list price in November about $415,