Higher Mortgage Rates Temper Demand U.S. existing-home sales declined in June 2026 as a modest uptick in mortgage rates weighed on buyer activity, underscoring the housing market's continued sensitivity to affordability despite a resilient labor market and improving year-over-year purchasing conditions. Existing-home sales fell 2.4% from May to a seasonally adjusted annual rate of 4.09 million units,...

Image CEO Mark Decker says returns on capital are...

Indianapolis-based apartment developer Milhaus started building an apartment project in Manatee County, Florida, under the state’s Live Local Act after securing its funding earlier this year. It may be one of the few to be built in the county, next to Sarasota, under the law, until lawsuits over a major increase in impact fees are resolved. Manatee has quickly emerged as a broader litmus test of...

Not every housing policy labeled “affordable” is actually designed to make housing more affordable. That is the central problem with today’s “missing middle” debate. Across the country, duplexes, triplexes, courtyard apartments, townhomes and small multifamily buildings are being promoted as the solution to America’s housing affordability crisis. The argument sounds clean and appealing:...

Chicago-based mortgage lender Rate announced on Thursday that more than a dozen loan officers have joined the company from California-headquartered New American Funding (NAF), bringing “nine figures in production volume with them.” The group includes 14 loan officers: Lori Crabb, Maria Castorena, Cory Graciano, Donaciano Garcia Amaya, Jim Butz, Samuel Wagner, Kristi Hernandez, Andy Thom, Michael...

.  The surface question in the Dream Finders Homes–Beazer Homes takeover contest is the one everybody is now asking. Is $32 per share enough? What’s thornier for both parties in this “Justify My Love” chapter of the saga is how ably they each contend with what happens next. For Dream Finders, the latest increase raises the financial fallout of being wrong about what it is buying. The company...

In Salida, a small town in Central Colorado with about 6,000 residents, a long-vacant property serves as a reminder of the community’s past while offering a glimpse into the future.  Cleora, a small railroad town established in 1880 in what is now the Salida area, served as an early settlement in the region. The town declined quickly after its founding and was officially abandoned in 1882 after its...

One of Miami’s most exclusive gated communities has a new benchmark sale. A striking modern waterfront residence at 790 Lake Road has closed for $27.25 million, setting a new price record for a canal-front home in Bay Point while also becoming the community’s highest-priced residential sale of 2026. The transaction highlights the continued strength of Miami’s ultra-luxury market, particularly...

Ferrari enthusiasts know the name Poltrona Frau well. For more than a century, the legendary Italian design house has supplied the handcrafted leather interiors found inside Ferrari’s most celebrated automobiles, creating seats and dashboards that have become synonymous with Italian craftsmanship. Now, the company is making an equally ambitious statement in American residential design. A newly...

How do you design a space to feel cozy for a single occupant but just as welcoming for extended family? When Serena Pitchers of Your Interiors Friend was hired to transform the kitchen, dining and seating area in this early 1930s house in England’s Midlands region, she knew the owner was sometimes...