pandemic

  • Timeless Architecture, Modern Connection

    Timeless Architecture, Modern Connection

    “Today’s market has reinforced the growing desire for genuine community connection, something many modern neighborhoods are not intentionally designed to…

    by

    Sofia Feeney

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Latest News

  • Midwest and Northeast housing markets hold strong

    Midwest and Northeast housing markets hold strong

    According to Cotality’s October 2026 U.S. home price insights, national single-family home price growth reaccelerated modestly in August, rising 1.8% year-over-year compared to 1.6% in July. This marks the fifth consecutive month of reacceleration in home price growth. The housing market continues to soften, as potential homebuyers pull back in September’s pending home sales.

    According to Cotality’s Chief Economist, Dr. Selma Hepp, the core trend shaping the market is the shift away from the once-booming Sunbelt and West Coast cities toward more affordable, inventory-constrained regions in the Midwest and Northeast.

    “The national housing market shows a clear split between short-term sensitivity to interest rates and long-term supply shortages,” said Hepp. “High mortgage rates continue to suppress transaction volumes, but severe inventory constraints in the Midwest and Northeast are insulating home prices from broader declines and fueling localized appreciation.”

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  • Mortgage rates average 7.28%

    Mortgage rates average 7.28%

    According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 7.28% as of Oct. 1, 2026.

    “With mortgage rates on their current trajectory, the housing market continues to be supported by favorable economic conditions,” said Sam Khater, Freddie Mac’s Chief Economist.

    The current 30-year FRM averaged 7.28%, up from 7.03% the previous week. A year ago at this time, the 30-year FRM averaged 6.34%. The 15-year FRM averaged 6.60%, up from 6.42% the previous week. A year ago at this time, the 15-year FRM averaged 5.55%.

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  • Housing market could stabilize within 5 years

    Housing market could stabilize within 5 years

    According to Redfin, housing costs could stabilize within the next five years if mortgage rates fall to 6% and home price growth remains steady. On the other end, the housing economy could stabilize at a slightly longer rate, six years, if mortgage rates remain the same, at about 7.5%, and home price growth flattens.

    “Many house hunters feel stuck between two bad options: Stretch themselves to buy at today’s rates or wait for lower rates only to see prices climb further out of reach,” said Redfin Senior Economist Asad Khan. “But prospective buyers shouldn’t get hung up on timing the market. These hypothetical scenarios should give would-be buyers and sellers some hope that the market can normalize with only modest changes in rates or prices.”

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  • Brookfield Residential delivers wildfire-resilient homes in Altadena

    Brookfield Residential delivers wildfire-resilient homes in Altadena

    In late September 2026, Brookfield Residential welcomed the first homeowners back to La Viña following the early 2025 Eaton Fire, which destroyed 52 homes in the community.

    By partnering with municipal officials to deploy pre-approved design catalogs, the developer delivered quick turnaround times, with the residents moving in only six months after groundbreaking. All units were completed on or under budget while achieving Insurance Institute for Business & Home Safety (IBHS) enhanced wildfire-resilience certification.

    “After witnessing their many different tragedies, it’s been exceptionally heartwarming to help these families return home,” said Brookfield Residential President and Chief Executive Officer Adrian Foley. “It’s also been instructive for homebuilders such as Brookfield Residential to collaborate on efficient and resilient methods of rebuilding in response to disasters.”

    Foley is also a cofounder of the Builders Alliance, a non-profit that brings together homebuilders for fire rebuild efforts. Brookfield Residential has projects in development in Altadena and under pre-development agreements in the Palisades.

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