U.S. Luxury Home Prices Outpaced the Broader Market in 2025

Inventory Constraints Fuel Selective Bidding The median sale price of a luxury home in the United States climbed 4.6% from a year earlier to $1.31 million in December, significantly outpacing gains in the broader housing market, where non-luxury prices rose just 1.4% to $375,000 -- the slowest rate of appreciation recorded since tracking began in 2013. Price declines at the high end were rare, with only...

Washington seeks to reset ground-floor retail rules for residential buildings

A fight over ground-floor retail mandates could become one of the most consequential zoning debates of 2026, with Washington state lawmakers moving to curb mandatory storefronts in new residential buildings. A bill in the Washington state Senate would flip the script on commercial zoning, requiring cities with more than 30,000 residents to allow housing by right on most commercially-zoned land. That...

Long & Foster’s next chapter: Lacey Conway eyes growth, capture and consolidation

The past couple of years have been a whirlwind for industry veteran Lacey Conway. In the spring of 2024, her family firm Latter & Blum, of which she had been serving as CEO, was acquired by Compass, where she would later go on to serve as the executive vice president of mergers and acquisitions. Conway’s latest move as president at Long & Foster Real Estate HomeServices of America brings her...

The best offense is a leaner, meaner next drive: Century’s playbook

With a third or so of the public homebuilders’ first 2026 earnings cycle complete, the theme and variations – guidance misses, land impairments, margin compressions, even a net-negative-earnings or two, with the rare upside surprise – confirm it’s one of the most grinding, grueling selling environments in more than a decade. Step back from the fray for a moment, and it’s a moment to appreciate...

Georgia legislation would curb HOA foreclosures as senior fights loss of his house

Three Georgia state representatives have introduced legislation aimed at stripping homeowners associations (HOAs) of their ability to foreclose on homes while and giving residents a direct vote on whether to dissolve their associations. State Reps. Sandra Scott, Viola Davis and Kim Schofield introduced the two bills in late January. Each are now moving through House committees, according to reporting...

More activist investors push CoStar to exit Homes.com business

Investors at D.E. Shaw & Co., L.P. are joining Third Point Investments in calling for CoStar to either divest or shut down Homes.com.  On Wednesday, Edwin Jager and Michael O’Mary, two managing directors at D.E. Shaw, sent an open letter to CoStar Group’s board or directors, expressing their “continued disappointment” with what they say is the board’s “refusal to address the Company’s...

15 rules modern homes quietly broke

Not that long ago, houses were built around a very specific set of expectations. Where you answered the phone. How you hosted guests. Which rooms were meant to be used daily, and which of them were basically for show. Whole floor plans revolved around routines that feel almost funny now. And slowly, without much announcement, modern living broke most of those rules. Some for the better. Some out of...

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