Name: America’s housing hangover has arrived
Uploaded: 2026-05-23T20:17:49Z
Description: The pandemic housing boom is over — and the fallout is getting harder to ignore. Foreclosures are rising in once-hot markets, while homeowners are taking major builders to court over alleged construction defects. Is this the start of deeper housing distress, or just a return to normal?

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The pandemic housing boom is over — and the fallout is getting harder to ignore. Foreclosures are rising in once-hot markets, while homeowners are taking major builders to court over alleged construction defects. Is this the start of deeper housing distress, or just a return to normal?

America’s housing hangover has arrived

An $84,000 commission dispute just turned into a $47.8 million verdict.

How an $84K broker fee became a $48M punishment

From “real estate millionaire” to federal indictment. Prosecutors say influencer Greg Parker Jr. — aka “Big Bizzneesss” — sold followers a dream of wealth through real estate investing. But according to a new indictment, many investors allegedly ended up with condemned homes, unpaid taxes… or no properties at all.

From private jets to federal charges: The fall of ‘Big Bizzneesss’

Richard LeFrak joins Amir Korangy for an exclusive tour of Solé Mia, the massive master-planned development transforming North Miami.

Richard LeFrak’s $4 BILLION Bet on North Miami | Coffee Talk

For our latest Developer Diary, TRD and BSH visited Music City for a look inside the Pendry Residences Nashville. This collection of branded residences combines a distinctly Nashville aesthetic with the level of luxury buyers expect from the Pendry Hotels brand, all located in the city’s premier live/work/play neighborhood, Paseo South Gulch.

Pendry Residences Nashville use Gaggenau to take Paseo South Gulch to new heights of luxury

Rishi Kapoor once described a fast-rising South Florida development empire. Now, the Miami developer has admitted to stealing $85 million from real estate investors.

Miami developer admits to stealing $85 million

New York’s war on luxury real estate taxes may be escalating. Weeks after talk of a pied-à-terre tax, lawmakers are now considering a 1% tax on all-cash home purchases over $1 million.

A new 1% tax could change NYC luxury deals forever

For years, luxury retailers leased their most coveted storefronts. Lately, some have been buying the buildings.

Why retail tenants are BUYING buildings instead of leasing

What happens when the algorithm meets 50 feral cats? Jonathan Miller, the veteran appraiser and market analyst behind Housing Notes, is bringing his Housing Notes column to TRD. He stopped by our NYC office to unpack one of his latest pieces: why the push to automate home valuations may be moving faster than the market — or its collateral — can safely handle.

What 50 feral cats reveal about the housing market’s AI problem

On this episode of Deconstruct, hosts Lilah Burke and Hannah Kramer break down how New York City’s latest budget, tax proposals, and one high-profile Upper East Side building are reshaping the city’s real estate market — from rent-stabilized apartments to ultra-luxury rentals.

How the last great development site in NYC left Upper East Side renters with nowhere to go

Real estate agents should be thinking about taxes all year long. That's why RLTY partners with Nimbl in its mission to give agents access to some of the same stability and benefits enjoyed by W-2 employees. As 1099s, the majority of agents are on their own for everything from taxes to healthcare to vendor referrals; RLTYco is working on changing that.

Agents level up their tax game with RLTY and Nimbl

A billion-dollar expansion of the Fort Worth Stockyards is on pause as a family succession battle erupts inside Majestic Realty.

The $1 billion Texas rodeo project torn apart by a family feud

How did a top executive at one of New York's most powerful landlords turn one of Times Square's biggest billboards into the backdrop for an $8.6 million fraud?

The Times Square scam that fooled a real estate giant

California’s insurance crisis may be reaching a breaking point. State Farm is facing accusations from California regulators over its handling of LA wildfire claims — including delayed investigations, underpayments and forcing homeowners to restart claims with new adjusters over and over again.

California accuses State Farm of cheating fire victims

"Most landlords are good actors." At our NYC #TRDForum, HPD Commissioner Dina Levy addressed whether City Hall is hostile to real estate, backlash to the "Rental Ripoff" hearings and HPD's plan to ramp up enforcement against repeat bad actors.

Is NYC anti-real estate? Mamdani's housing chief weighs in

Bally’s chairman Soo Kim argued gambling’s risks don’t disappear with prohibition — they just move underground.

NYC has gambling all wrong, says Bally's chairman

NYC's Housing and Preservation Department Commissioner Dina Levy came to The Real Deal's NYC Forum 2026 with a direct message from the Mamdani administration to landlords and developers: the city wants partnership.

HPD Commissioner Dina Levy to real estate: “We are not enemies” | The Real Deal's NYC Forum 2026

A political fight over taxing the rich just landed at the center of one of NYC's biggest office bets.

NYC office leaders on Mamdani, Miami, "tax the rich" & more

Private credit is reshaping real estate, but where does the money go next? Two of real estate's biggest lenders sounded off at The Real Deal's NYC Forum 2026.

Madison Realty Capital, TYKO Capital execs on private credit and writing big checks | NYC Forum 2026

Bally's Chairman Soo Kim came to The Real Deal's NYC Forum 2026 with a "simple answer" to the social costs of gaming: "Legalize it and tax the shit out of it."