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  • BLM sells 940-acres for future master-planned community in Nevada

    BLM sells 940-acres for future master-planned community in Nevada

    The Bureau of Land Management (BLM) announced the sale of 940 acres of federally managed public land to the City of Las Vegas. The $94 million sale is expected to make way for up to 6,000 homes in a new master-planned community, Monument Hills.

    “This is exactly the kind of bold action Nevada needs to increase our housing supply and make housing more attainable for hardworking Nevada families,” said Nevada Governor Joe Lombardo.

    Developed by Olympia Companies, the project is expected to deliver single-family detached homes, townhomes, multi-family and mixed-use structures.

    Olympia Companies also developed the Skye Canyon and Southern Highlands communities with builders Century Communities, Toll Brothers, LGI Homes and Blue Heron.

    The builders for Monument Hills have yet to be announced. However, the community design guidelines are public.

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  • The new trends defining fall’s luxury interiors

    The new trends defining fall’s luxury interiors

    Restrained color palettes have defined luxury interiors for years. This fall, however, interior design is shifting towards warmer and darker tones.

    Pale white oak and bleached finishes are being replaced by walnut, espresso oak and other rich brown woods. It is no secret why; dark wood introduces depth into a space, especially against ivory upholstery, travertine, alabaster or warm white walls. Rather than feel heavy, it feels intentional.

    The traditional fall decor is easily recognizable with oranges, rusts and browns. However, this year is becoming more nuanced, moving toward richer, earthy tones. Cinnamon, caramel, tobacco and ochre bring warmth into a home. Oxblood, merlot and burgundy introduce a deeper, more dramatic note and could serve as a rich contrast. Mineral greens, earthy clays and muted purples round out the palette, creating interiors that feel distinctly autumnal without relying on the traditional autumn palette.

    One of the biggest design shifts in luxury interiors is in materials. Velvet, silk, mohair, fine wool, carved wood, natural stone, antiqued metal and textured plaster are all gaining momentum as interiors embrace a more tactile approach to luxury.

    Reflective surfaces are also being used strategically to introduce light, movement and dimension into these emerging deeper interiors.

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  • September builder confidence at 32

    September builder confidence at 32

    In the September National Association of Home Builders (NAHB) /Wells Fargo Housing Market Index (HMI), builder confidence fell three points from August to 32.

    This is the lowest recorded report since September 2025.

    NAHB Chief Economist Robert Dietz noted that this is likely a continuation of headwinds facing the homebuilding industry: building materials costs rising, elevated mortgage rates and labor concerns.

    With buyers more discerning, builders continue to offer incentives, up 3% from August. The HMI survey also reported that more builders cut prices than in August, but only by 1%.

    Regionally, the Midwest remains the strongest market despite dropping one point to 44. The Northeast saw the greatest decline, from 44 to 38. The South and the West remained fairly stagnant, with the South falling one point (31) and the West gaining one (28).

    With the Fed raising interest rates on Sept.16, 2026, builder buying power may also take a hit.

    “The HMI shows builder confidence at its lowest level since September 2025, as tight lending conditions and elevated land, labor and construction costs persist,” said Dietz. “Notably, 42% of builders rated current lot availability as poor and 38% as fair.”

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  • Bay Area estate is August’s highest home sale

    Bay Area estate is August’s highest home sale

    An estate in Hillsborough, Calif., sold for $70 million and was the highest U.S. home sale in August, followed by a $51.5 million waterfront villa in Miami Beach, Fla. California is home to six of August’s 10 priciest sales, with four in the Bay Area and two in Orange County.

    Three of the most expensive homes sold were in Florida, with each selling at $30 million or more. A beach-compound in Hawaii sold for $38.2 million, earning it fifth place in August’s top 10 most expensive home sales.

    San Francisco’s luxury housing market has been performing well throughout 2026, as AI wealth continues to drive the housing market in the Bay Area.

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