Alex Douglas is a business and real estate writer based in suburban Chicago, bringing together professional newsroom experience, firsthand brokerage knowledge, and a practical interest in property investing. He earned a BS from Arizona State University and went on to report for multiple newspapers, including the Chicago Tribune, where he covered business and real estate.
Before focusing on real estate journalism, Alex spent five years as a Realtor in Phoenix, giving him direct insight into buyers, sellers, agents, negotiations, and the day-to-day realities of local housing markets. Today, his reporting draws on both his journalism background and his real estate experience to explain market trends, housing developments, and industry changes with clarity and authority. As a novice multifamily real estate investor, Alex also brings a hands-on perspective to coverage of property ownership, investment strategy, and long-term market opportunities.
Alex Douglas 
Oppenheimer & Co. will relocate its headquarters from 85 Broad Street to six floors at RXR’s 32 Old Slip, a $66 million project the state says retains 1,001 jobs, with move-in starting in early 2028.
Realtor.com’s October luxury report puts the national entry-luxury threshold at $1,197,014, down 2.3%, while Naples, Sarasota, Charleston and nine other metros, five in Florida, posted gains.
A blowout jobs report, mortgage rates easing to 7.18%, record-low October contract signings and an election that reshaped housing policy in California and Florida defined the week.
Jackson and Medina split the week’s top sales, with homes ranging from a mid-century property to one finished this year.
A pair of newly built homes on the same Los Banos street took the top two spots, ahead of an Atwater home with a pool, a two-story home in Merced and a Craftsman bungalow.
Modesto took three of the five spots, with Turlock and Riverbank filling out a list of single-family homes priced from $592,500 to $885,000.
Homes on several acres led the list, and three of the five top sales were in Norman.
Ranch homes with acreage, mountain views and garages made for RVs and workshops set the pace for the week.
A gated property with mountain views, a remodeled former lodge in the Shingletown woods and three in-town homes made up the week’s top sales.
Room to spread out defined the week’s top sales, from a fenced horse property with a pool to a home with a rooftop spa and a conversation pit.
Acreage, big shops and room for RVs run through a week from a Selah estate with a pool and sport court to a gated compound with a steel shop.
Land was the common thread in the week’s top sales, with lots ranging from two and a half acres to more than 17.
A Longview home bordering green space, a Woodland property with an orchard and a home office, and a new Craftsman on the river in Kelso led a week of sales across Cowlitz County.
Prices at the top ran from $580,000 to $950,000, and the homes range from one finished in 2026 to a townhouse built in 1998.
Two homes on acreage in Crawford County led the week, ahead of a condominium and two single-family homes in Fort Smith.
Every home in the week’s top five is single-story, and the oldest of them was built in 2024.
U.S. employers added 165,000 jobs in October and earlier months were revised up by 84,000, but residential construction lost about 16,400 jobs while nonresidential contractors kept hiring.
Two homes on acreage and three planned-community homes, all built for family living, made up the top of the market this week.
A Casa Grande home on more than an acre led a week of single-story sales spread across four cities, with a furnished golf course home in Florence close behind.
NAHB’s third-quarter Multifamily Market Survey shows every production segment below break-even and the occupancy index back at 69, as the group forecasts fewer multifamily starts in 2027.
A gated-community pool home led a week that also brought two brand-new homes from the same builder and an older home on generous acreage.
Pools, desert and mountain views and roomy garages turn up again and again in a week of sales across Tucson, Starr Pass and Vail.
A riverfront home in Three Rivers led the week, ahead of acreage in Cutler and Lindsay and two homes in Visalia.
The week’s five priciest homes took in level acreage with workshops, a home still to be built, a backyard pool and frontage on Beaver Lake.
Two newly built homes and three established ones, two of them on acreage with room for animals, made up the week’s list.
Resort-style community living runs through the week’s top sales, from a guard-gated new home to ranch-style homes set on the golf course.
Three of the week’s five top sales came with more than an acre of land, while the other two were in established neighborhoods in Tracy and Manteca.
A contemporary home in a gated community led the week, ahead of a 1988 Tudor and three single-story ranch homes in Veradale, Mica and Greenacres.
Two neighbors on one golf course street took the top spots, followed by a reworked home in a guard-gated enclave, a six-bedroom two-story and a cul-de-sac property with room for an RV.
Three hillside homes in Stevenson Ranch, a single-story home in a Valencia 55-and-over community and a 1970 pool home in Valencia Hills made up the week’s top sales.
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