Residential Real Estate

Nile Niami and "The One" mansion (Getty)
Los Angeles

Country’s most outrageous spec home to hit market

Nile Niami is getting serious about selling “The One” — a Bel Air spec mansion that the developer previously...

Country’s most outrageous spec home to hit market
Residential construction accounted for 44% of spending in October. (iStock)
National

Housing drives rise in construction spending October

A strong housing market continued to fuel construction spending this fall. Construction spending grew an estimated 1.3 percent in...

Housing drives rise in construction spending October
Spencer Rascoff (Photos by Kevin Scanlon)
National Issue

The Closing: Spencer Rascoff

Spencer Rascoff built the most consequential residential tech startup of a generation. As co-founder and former CEO of Zillow, he pioneered consumer access to home listings and price information, making his firm a platform...

The Closing: Spencer Rascoff
CoStar CEO Andy Florance and FTC chairman Joseph Simons (CoStar; Getty)
National

FTC sues to stop CoStar’s $585M RentPath buy

Federal regulators are looking to block CoStar’s $588 million purchase of troubled rental listing platform RentPath, which operates Rent.com...

FTC sues to stop CoStar’s $585M RentPath buy
Second monthly decline in contract activity signals looming decline in U.S. home sales (iStock)
National

Pending home sales fall again as prices continue to rise

In another indication of a potential slowdown in the country’s hot housing market, an index tracking pending home sales...

Pending home sales fall again as prices continue to rise
The mirage of low interest rates
National Issue

The mirage of low interest rates

Record-low interest rates have created an unprecedented opportunity for homebuyers. That’s the party line in the residential industry. But that’s not how things are playing out on the ground. Many buyers have little chance...

The mirage of low interest rates
Singapore (iStock)
National Weekend Edition

Singapore luxury market rebounds despite fewer foreign buyers

Singapore’s housing market has rebounded from the lows brought on by the pandemic earlier this year, even with fewer...

Singapore luxury market rebounds despite fewer foreign buyers
San Francisco (iStock)
National Weekend Edition

In remote work world, some tech CEOs are leaving Bay Area

Tech industry workers aren’t the only ones leaving San Francisco for new digs. So are their bosses. Several industry...

In remote work world, some tech CEOs are leaving Bay Area

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