Berkshire completes Taylor Morrison deal valued at $8.5B EV
Berkshire Hathaway has completed its acquisition of Taylor Morrison Home Corp. in a cash deal that values the Arizona-based homebuilder at about $6.8 billion in equity and $8.5 billion in enterprise value, the companies announced on Friday. The companies announced the proposed acquisition in late May 2026. Under the transaction, Berkshire paid $72.50 per Taylor […]
NVR is land light by design, Q2 2026 reveals the strategy has limits
If you do not build it, they cannot come. If you cannot permit it, you cannot build it, and they cannot come. NVR Q2 2026 results offer a sharp counterpoint to the strategic shifts now underway across public homebuilding. Lennar has boldly reset its enterprise around a more asset-light on-demand land investment structure. D.R. Horton […]
Why homebuilders aren't building more homes
Today, the new home sales data perfectly explains why housing permits are near cycle lows and why we can’t get any traction on building more homes in America, as we have been basically stuck in one sales range for 10 years. If I take away the surge in new home sales early in COVID and […]
June New Home Sales Decline Amid High Prices and Hesitant Demand
New home sales posted a modest increase in June but were down from a year earlier, while prices also fell year over year, further suggesting that the 2026 spring selling season fell short of expectations. According to newly released U.S. Census Bureau data, single-family new home sales ticked up 1.6% between May and June. However, […]
Miami Realtors + RWorld expands with new merger
Miami Realtors + RWorld has completed its second merger in just over two months, joining with Martin County Realtors of the Treasure Coast to create a single association and multiple listing (MLS) service spanning five counties in southeast Florida. The merger expands the organization to approximately 94,000 members across Miami-Dade, Broward, Palm Beach, Martin and […]
Mortgage defaults level off in June, FHA new defaults down 15%
New mortgage default activity remained stable in June, with new defaults among Federal Housing Administration (FHA) borrowers falling 15% from a year earlier, marking the largest annual decline in more than four years. That’s according to Intercontinental Exchange’s (ICE) latest First Look Mortgage Performance report, which observed that overall mortgage performance remained strong during the […]
Sellers ask about top producers, here is your answer
At some point in nearly every listing appointment, a seller raises the comparison: Why hire you rather than the top producer in the market? Most agents experience the question as a threat. It is more useful to read it as a signal that the seller has not yet been given a real basis for the […]
Private listings are now a bipartisan target, what comes next
On July 22, the House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust sent letters to Compass and to Midwest Real Estate Data. Both letters ask for a briefing on private listing networks and on the data partnership the two companies announced in April. The subcommittee wants those briefings scheduled by 10 a.m. […]
Roomvu launches AI-powered recruiting content for brokerages
Roomvu has launched a new recruiting content platform designed to help real estate brokerages, teams and agencies automate agent recruitment through AI-generated video and social media content. The company said the new offering enables brokerages to create and automatically publish branded recruiting videos and posts that highlight their culture, values and recruiting message without requiring […]
New York outflows reshape housing demand in Texas and Florida
New York City is not dead. Dead cities do not command global capital, fill Broadway theaters or charge $28 for a cocktail with three ingredients and a story. But the version of New York that anchored American economic gravity for much of the last century is weakening. What is changing is not the city’s brand. […]