Welcome back to the Real Estate newsletter, which this week documents a Southern California market where a half-finished mansion fetched a fortune and a university set a record selling its president’s stately home.
The half-finished mansion belonged to none other than NBA star Kevin Garnett, who never got around to completing the 11,000-square-foot showplace that occupied his scenic spread in Malibu. That didn’t stop him from selling the place for $16 million, though.
Affordability among both Black and Hispanic households increased to 11% in 2025, up from 10% one year earlier. Continue Reading Report: California’s Housing Affordability Improved Slightly in 2025
The ballot resolution would lower the maximum a property value can increase from 3% to 1.75% for primary residences and agricultural land. Continue Reading Oklahoma Property Tax Relief Measure Set for November Ballot
No details were provided on who might have been responsible for the breach. Continue Reading Maryland’s Real Property Search System is Back Online Following Cybersecurity Concerns
Pricing begins from the low $500,000s. Continue Reading Century Communities Debuts Gated Community Outside of Atlanta
A 124% debt-to-GDP ratio isn’t a political point. It’s a loan file. And right now, the file needs work. Continue Reading I Sat in a Room and Watched Someone Describe America’s Mortgage Application — and We’d Be Denied
The representatives cited a forecast from the Urban Institute warning the provision could “decrease the number of rental units built each year by at least 72,000.” Continue Reading 76 Representatives Call on House Leadership to Drop Build-to-Rent Provision from Senate Housing Bill
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