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...

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...

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...

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...

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...

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...

One of the grandest surviving estates of America’s Gilded Age — a sprawling Vanderbilt summer palace known as Elm Court — is preparing for its most ambitious reinvention yet. Stretching across nearly 89 acres between Lenox and Stockbridge, the legendary property was built in the late 1880s for Emily Vanderbilt Sloane and her husband William Douglas Sloane. At roughly 55,000 square feet and...

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...

A massive private island in the northern Bahamas — once owned by a high-profile investor group that included pop superstar Shakira and Pink Floyd’s Roger Waters — is back on the market for $30 million. The 650-acre island, known as Bonds Cay, sits in the Berry Islands and is being listed by Gavin Christie of Corcoran CA Christie Bahamas. This marks the first time the island has been publicly...

A construction expert explains how to identify and fix poor attic...