Explore EMD News reporting on homes, developments and major property transactions. These articles provide market context and reported property news.
For source-backed builder communities and development records, use the Development Tracker. For regional reporting, choose a city desk.
Property and market reporting
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California Cities Can Now Be Sued for Sitting on ADU Permits. One Homeowner Says His Delay Cost $1 Million.
A California appeals court ruled that homeowners can seek damages over missed ADU permit deadlines. The Palos Verdes Estates case returns for proof of losses.
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Cheap Money Helped Inflate Home Prices. Higher Rates Can Force a Reality Check.
Opinion: Ryan Holt argues higher borrowing costs can challenge inflated home prices and speculative purchases, while warning that rates alone cannot fix affordability.
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$15.4 Million for 52 Senior Apartments in Davenport. More Than Half Were Rented Before the Ribbon Was Cut.
Timber Ridge opened 52 affordable senior apartments in Davenport with more than half rented. The $15.4 million project uses low-income housing tax credits.
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Coral Gables Is Adding Condos From the Mid $600,000s. Can Buyers Afford the Full Bill?
Opinion: Seventeen Gables adds 117 condos in Coral Gables, but Daniel Park argues buyers must examine mortgage costs, association dues, insurance and taxes.
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Lenders Aren’t Slamming the Door on Borrowers. The Monthly Payment Is Doing It for Them.
Mortgage credit availability barely changed in September, but higher rates and debt-to-income limits are putting the typical home beyond many buyers’ reach.
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A Dallas Suburb Just Approved a $2 Billion Venice With a 15-Acre Lagoon. The Hard Part Starts Now.
Prosper approved zoning for The Marco, a $2 billion canal village with a 15-acre lagoon. Financing, land acquisition and development agreements remain ahead.
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Las Vegas Home Prices Are Now Falling. Only One Major Market Is Doing Worse.
Las Vegas home prices fell 1.29% year over year in August, ranking second weakest among 20 major metros in the latest Case-Shiller repeat-sales index.
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CoStar Just Booked a Record $952 Million Quarter. Its Own Sales Force Is the Weak Spot.
CoStar posted record quarterly revenue of $952 million, while sales staff turnover and spending on Homes.com and acquisitions raised questions for brokers.
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New Homes Now Cost Less Than Used Ones. It Has Been That Way for Seven Months.
September’s median new-home price was $400,400, below the $417,500 existing-home median, as builders used smaller floor plans, incentives and price cuts.
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Palm Beach’s “Ham and Cheese House” Is Under Contract. The Ask Was $105 Million.
Casa Eleda, Palm Beach’s historic Ham and Cheese House, is under contract after a $105 million asking price. The final contract price has not been disclosed.
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Foreclosure Inventory Just Hit Its Highest Level Since 2019. Most Homeowners Are Still Paying on Time.
ICE reports rising foreclosure inventory and serious delinquencies, while the overall mortgage delinquency rate remains below pre-pandemic September levels.
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St. Regis Sunny Isles Just Landed $463 Million. The Towers Are Already 80% Sold.
St. Regis Residences in Sunny Isles Beach secured $463 million in financing. The two-tower oceanfront project is 80% presold, with units from $5.1 million.
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