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Why Carlisle Companies targets Owens Corning for an M&A combo

As homebuilders grapple with questions of scale, access to capital and long-term competitiveness, many of their largest suppliers appear to be navigating similar strategic pressures. Carlisle Companies‘ unsolicited pursuit of Owens Corning, reported Monday by the Wall Street Journal, suggests that the forces reshaping homebuilding boardrooms are also beginning to reshape the building-products...

Newsom signs balanced budget with $1.7B locked-in for housing

This time last year, California Gov. Gavin Newsom signed a state budget that included sweeping housing reforms that allowed urban residential developers to avoid rigorous environmental reviews. This year’s budget, which Newsom signed on Monday, does not carry the same historic housing reforms as last year. Instead, it is historic for balancing the budget. “For the next two years, California will...

Why Fed President Beth Hammack wants more rate hikes

As we approach Jobs Thursday, certain Federal Reserve members have still not changed their tune about rate hikes, even with oil prices back down to $70 today. Why haven’t mortgage rates dropped along with oil prices? Because Fed policy has shifted, and some Fed members want more rate hikes. Today, I will use Cleveland Fed President Beth Hammack as an example, looking at her remarks on CNBC. ...

Greater Ft. Lauderdale Area Home Sales Rise for Third Straight Month as Luxury Demand Surges

Broward County home sales rose year over year for the third consecutive month in May 2026, signaling continued resilience in South Florida's housing market even as price gains moderate and inventory dynamics diverge across property types, according to data released by the Miami Association of Realtors. Total closed transactions increased 0.9% from a year earlier, rising from 2,124 to 2,145 sales. The...

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