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

Pfizer Building Developer Says Buckled Columns Were ‘Freak Accident’ Caused by Weight of New Addition

The developer responsible for a Midtown Manhattan construction project that had to be evacuated on Tuesday claims the threat of a building collapse was "blown a little bit out of proportion." Workers converting the Pfizer Building into a luxury residential tower were forced to evacuate on Tuesday af

Mary Bonnet Says ‘Selling Sunset’ Cost Her More Than Half a Million Dollars in Lost Commissions

"Selling Sunset" alum Mary Bonnet has claimed that starring in the Netflix series caused her to lose out on more than $500,000 in commissions—because her real estate clients didn't want to be sucked into the messy drama that was playing out on screen. The 45-year-old reflected on the deals she lost