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Existing home sales hit 9-month high with inventory at 1.43M units

Existing home sales have been trending higher since June, when the monthly sales print bottomed at 3,930,000 for 2025. The question is: can this continue? Back in mid-June, the housing market started to shift, and then mortgage rates fell below the key 6.64% level and headed toward 6. This has given us 200,000 more sales growth since June, and the key variables that led that growth are still in play...

Sonic Fire Tech launches infrasound wildfire defense system in California

Sonic Fire Tech recently announced the commercial rollout of its Sonic Home Defense system, a wildfire defense system in California that extinguishes fires using inaudible, infrasound technology instead of water or chemicals.  The product has personal significance for Remington Hotchkis, chief commercialization officer at Sonic Fire Tech, whose family home in Altadena burned down in January...

AOL provider Voxtur files for Chapter 15 bankruptcy

Voxtur, one of the largest proponents and providers of attorney opinion letters (AOLs), has filed a Chapter 15 bankruptcy petition in Delaware. This comes after the Canadian firm already committed to a restructuring plan in Ontario.  In the U.S. bankruptcy filing, which covers Voxtur and dozens of its affiliates in Canada and the U.S., the firm asks the court to recognize its Canadian restructuring...

TD Bank expresses cautious optimism for affordable housing in 2026

Affordable housing developers are entering 2026 with mixed expectations, balancing optimism about long-term demand with immediate concerns over costs and policy shifts. A new TD Bank survey shows that half of affordable housing professionals believe market challenges will affect their deal pipelines next year. They cite high construction costs and tariff-driven price increases as the biggest...

Spanberger unveils Virginia housing affordability plan

Affordability has become the defining test of political electability today. From housing to groceries, voters increasingly judge candidates by their ability to reduce everyday costs.​ Virginia Gov.-elect Abigail Spanberger (D) focused on improving affordability during her campaign. To follow through, she rolled out a housing agenda that leans heavily on preservation of existing affordable homes,...

Inside Hollywood icon Jane Russell’s former Montecito house, now listed for $8.25M

Tucked into the leafy hills of Montecito, a private midcentury compound once owned by Hollywood legend Jane Russell has resurfaced — this time with an $8.25 million price tag and a thoroughly refreshed look. Russell owned the 1.36-acre property from 1985 until 2000, sharing the home with her third husband, builder and real estate broker John Peoples. While Russell was best known for her bombshell...

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