In July, sales of previously occupied homes in the U.S. slowed, hindered by record prices and rising mortgage rates. According to the National Association of Realtors (NAR), existing home sales declined by 1.7% from the previous month, reaching an annual rate of 4.06 million units. This figure marginally surpassed the 4.05 million units anticipated by...
Category: Real Estate
Couple’s ADU Project in Los Angeles: A Blend of Artistry and Financial Reality
Joshua Leibner and Katherine Henninger embrace a lifestyle focused on spending wisely. As Henninger, an English professor at Louisiana State University, notes, ‘Josh will drive across town to use a Groupon.’ Art is the exception to their frugality. When they decided to add an accessory dwelling unit (ADU) next to their home in Northeast Los...
Los Angeles Housing Solution: Transforming Vacant Lots into Affordable Homes
Los Angeles faces a housing crisis. Over 20,000 vacant lots zoned for housing remain undeveloped, despite the city’s need for affordable homes. A new initiative aims to change that by transforming these vacant spaces into affordable, multiunit housing. Finding New Solutions Housing experts plan to create “gentle density” housing on these lots. This includes duplexes,...
Burbank’s Strategy for Reviving Downtown
Burbank is seeing success by transforming its downtown area into a hub for businesses and shoppers. A pivotal example of this is the recent opening of Van Leeuwen Ice Cream. When a Van Leeuwen representative visited the site in downtown Burbank in April, they received a warm welcome from a senior city official. This official...
Americans’ Concerns Over AI Data Centers and Their Impact on Housing
The development of AI data centers in the U.S. has sparked debate, especially in communities close to these facilities. Despite these concerns, former President Donald Trump recently advocated for their benefits, stating that communities could see reduced taxes and higher property values. Contrasting Views on Data Centers In a Fox News interview, Trump emphasized potential...
Luxurious Four-Bedroom Home in Downers Grove
Located at 4737 Puffer Road, Downers Grove, this elegant four-bedroom house is on the market for $1,050,000. Designed by Tom Bassett-Dilley Architects, the property includes two full bathrooms, and offers a variety of outdoor spaces such as a deck, a covered patio, and screened porches. Main Level Features The main level provides ample living space...
Advocates Push for Smaller Elevators to Boost Housing Development
August 2, 2026, 6:00 a.m. EDT In San Francisco, finding a rental apartment with elevator access has become a challenge for many. Patrice Bratcher, who has experienced several knee and back surgeries due to epileptic seizures, set her sights on an apartment where elevator access was essential. Elevator advocates are now proposing the installation of...
The Impact of Smart Home Surveillance on Real Estate Transactions
Smart-home technology is becoming a staple in modern households. Home sellers increasingly use cameras and recording devices to monitor potential buyers during property tours. This provides access to private conversations and reactions, which buyers might not expect. A LendingTree survey involving 2,000 consumers in June 2026 revealed that 56% of home sellers admitted to using...
Rental Scams Exploit Housing Market Tensions in California
Pam Yeager recently faced a significant setback when she fell victim to an online rental scam. She found what seemed like an ideal rental, a bungalow near downtown Fullerton, priced below the region’s average for a two-bedroom home. However, this supposed perfect opportunity turned into a costly fraud, leaving her thousands of dollars in debt....
U.S. Mortgage Rates Continue to Rise, Impacting Homebuyers
The average long-term U.S. mortgage rate has increased for the fourth straight week, reaching its highest level in a year. This presents a challenge for potential homebuyers facing higher borrowing costs. According to Freddie Mac, the 30-year fixed-rate mortgage rose to 6.66% from 6.58% the previous week. A year ago, the figure was 6.72%. Higher...









