Texas cities among America’s most desirable suburbs

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Today’s newsletter is 539 words—a 2.5-minute read.

1. Texas cities among America’s most desirable suburbs

Boerne, a suburb of San Antonio, and Wylie, a suburb of Dallas, were placed in the top 10 most desirable suburbs nationwide, according to a moveBuddha survey.

The study analyzed data from the past year on planned moves in the suburbs of the country’s largest metro areas. Out of 81 metros reviewed, Boerne ranked 4th and Wylie 7th.

2. States sue Zillow, Redfin one day after FTC suit

Attorneys general from five states — New York, Virginia, Arizona, Connecticut, and Washington — sued Zillow and Redfin on Wednesday, alleging the companies conspired to limit competition in the online housing rental market.

The lawsuit follows a similar action filed by the Federal Trade Commission (FTC) on Tuesday.

According to the complaint, the agreements violate federal antitrust laws and may harm renters relying on the companies’ platforms. It also alleges that Redfin laid off hundreds of employees and later worked with Zillow to rehire some of them.

The AGs are seeking an injunction to prevent the companies from colluding and are proposing a potential restructuring to preserve competition.

A MESSAGE FROM DAVE YOUR MORTGAGE GUY

A Loan Officer called me, “Dave you have to save my personal bank statement loan, this lender is screwing it up!”. So I jumped into action.

🎥 Watch the video to hear the whole story, who the other lender was, and how fast I got it done!

3. Catch up quick

🏛️ What a government shutdown means for realtors. (HUD)

🏠 Texas HOA and condo fees among the most affordable in the U.S. (Census)

💵 How to win a $4M lakefront Texas mansion for just $10. (MySA)

🤝 The market is now 'balanced' between buyers and sellers. (NMP)

⚖️ Zillow, CoStar photo lawsuit drama continues. (CoStar)

❗ HUD lawyers dismissed after raising fair housing concerns. (TheGuardian)

4. Rocket closes $14.2 Billion acquisition of Mr. Cooper

Rocket Companies has completed its $14.2 billion takeover of Mr. Cooper, creating the nation’s largest independent mortgage player, the company announced Wednesday.

The newly merged firm brings together America’s biggest originator and its largest servicer, resulting in a portfolio that covers nearly 10 million homeowners.

Mr. Cooper CEO Jay Bray will become President and CEO of Rocket Mortgage, reporting to Varun Krishna, CEO of Rocket Companies. He will also join Rocket’s board of directors.

🤖 Related News: Rocket Pro unveils AI tools for brokers. (NMP).

5. Luxury listings now start at $1.3M, up 60% since 2016

According to Realtor.com’s What Is Luxury report, the entry-level luxury home price has risen more than 60% in less than a decade, climbing from $796,922 in July 2016 to $1.3 million in July 2025.

The report sets new luxury benchmarks:

• Entry-level luxury (top 10%): $1.3M

• High-end luxury (top 5%): $2.0M

• Ultra-luxury (top 1%): $5.4M

Million-dollar homes now make up 13% of all U.S. listings, with just 10 metros accounting for more than 36% of them nationwide.

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