Higher home-care spending by states linked to greater aging-in-place outcomes

Older adults with difficulty living independently are more likely to remain in their homes when states devote a larger share of long-term care spending to home- and community-based services, according to a new study. Researchers examined whether state investments in home- and community-based services — known as HCBS — were associated with changes in where older adults lived, including whether they...

Art Falcone on launching AmeriCraft Homes and building hospitality-driven communities

Art Falcone — a prominent real estate developer with more than 40 years of experience in developing single-family, multifamily, hospitality, mixed-use and retail properties — recently launched a new homebuilding venture, AmeriCraft Homes.  Falcone’s decision to launch a new homebuilding company during a down cycle reflects the contrarian strategy that has defined his career. “Historically,...

Kogevinas Group joins Sotheby’s International Realty in Montecito

The Kogevinas Group has left Berkshire Hathaway HomeServices to join Sotheby’s International Realty – Montecito Brokerage, according to an announcement on Monday. Led by Nancy Kogevinas, the seven-member team was recognized as the No. 36 small team in the nation and the No. 13 small team in California in the 2026 RealTrends Verified rankings, based on 2025 production. The group closed $265.5...

One of Montecito’s last turnkey estates with unobstructed ocean and mountain views asks $23.5M

Finding a turnkey estate in Montecito is difficult enough. Finding one with uninterrupted views of both the Pacific Ocean and the Santa Ynez Mountains has become even rarer. Now listed for $23.5 million, a gated estate at 999 Romero Canyon Road offers a combination of privacy, panoramic scenery, and proximity to the heart of Montecito that is becoming increasingly hard to replicate. Represented...

NYC Prime Retail Tightens to Record Lows as Landlords Regain Pricing Power

Availability across New York City's prime retail corridors fell to a record low of 11.9% in the second quarter of 2026, according to JLL's Prime Market Statistics report released this month. The figure is the lowest quarterly rate since tracking began in 2017, with the total count of available prime spaces dropping to 164 -- down 24 quarter-over-quarter and 31 year-over-year. SoHo posted a new record-low...

Iran conflict lifts mortgage rates, but housing demand stays positive

Last week saw an escalation of the Iran conflict, with missile strikes and rising mortgage rates as a result, but housing demand still held firm and inventory was only down a smidge year over year. We should be mindful that our data was hit by the 4th of July weekend, but even with that, demand was still positive year over year. Also, be prepared for a rebound in the data next week and look at it in...

Trump didn’t sign it, but the 21st Century ROAD to Housing Act is now law

After months of deliberation, delays and drama, the 21st Century ROAD to Housing Act has finally crossed the finish line.  The legislation, aimed at cutting red tape and making homeownership more attainable, is now the law of the land after President Donald Trump declined to sign or veto the bill before the deadline of midnight Eastern time Saturday. In a Truth Social post on Friday morning, Trump...

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