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 
The Memphis-based bank swung to a third-quarter loss on the sale, which it says will add about 4% to 2027 earnings and free its balance sheet for higher-yielding loans.
In an Oct. 15 letter to FTC Chair Andrew Ferguson, Sens. Cory Booker and Elizabeth Warren asked the agency to extend its Zillow-Redfin rental scrutiny to the home-buying market.
Mortgagee Letter 2026-12 lets rental communities of detached houses, duplexes and triplexes qualify for FHA’s Section 221(d)(4) and 223(f) programs, with a five-unit floor, a 7% vacancy minimum and a narrow accessibility carve-out.
JLL appointed capital markets chief Mark Gibson to a newly created Country CEO, U.S. post effective immediately, and said Kevin MacKenzie will take over Capital Markets, Americas on Jan. 1, 2027.
Associated Builders and Contractors said its Construction Backlog Indicator reached 8.7 months in September on data center work, even as contractors’ sales expectations hit an 11-month low and margin pessimism rose to its highest since November 2025.
A remodeled ranch on more than an acre, a new home in River Islands and three family homes with pools and big backyards made up the week’s top sales.
Four homes in Spokane and one in Greenacres sold for between $875,000 and $900,300, a group whose construction spans nearly seven decades.
A hilltop farm with barns, a lake and a treehouse led the week, followed by a pair of River Oaks homes and newer homes in Collierville and Piperton.
Prices ran from $618,000 to $1.2 million, and every one of the five sales was inside the city of Little Rock.
Established homes with custom kitchens and outdoor living space led a week of single-family sales that stretched from Haggin Oaks to the mountains of Tehachapi.
Consumer prices rose 0.6% in September and 3.7% over 12 months, and the shelter index that carries housing costs into the CPI reaccelerated to a 3.2% annual pace just as the Fed leans toward another rate increase.
Baillie Gifford and funds managed by BlackRock co-led a $200 million Series D for ICON, which says the money will start production of Titan, its multi-story robotic printing system, in Austin, Texas.
A contemporary home in a gated Jenks community, two Broken Arrow properties on acreage and two Tulsa homes built 50 years apart made up the week’s top sales.
Contemporary homes with mountain and city views led the week from the Catalina Foothills to Oro Valley, while a Santa Fe-style home and a hilltop ranch in Vail completed the five.
Homes among the pines, a property in Black Forest and a remodeled ranch near Garden of the Gods made up a week of sales in Colorado Springs, Monument and Manitou Springs.
Acreage in Oklahoma City, a trail-lined community in Arcadia and an unfinished custom home in Nichols Hills all figure in a week of sales that stretched from Edmond to Crown Heights.
A renovated two-story home in Woodward Park led a week that also took in a newer Clovis ranch and two Fresno properties with acreage and workshops.
East Honolulu ridges and valleys supplied most of the week’s top sales, from a home finished in 2020 to a 1952 home a short walk from Kailua Beach.
El Dorado Hills had two of the week’s five top sales, and the rest were in Granite Bay, Newcastle and Sacramento.
A completely rebuilt modern home with Lake Tahoe views led the list, and two mountain-style homes tied for second at the same price.
A gated horse property in West Linn, three Lake Oswego homes and a country estate north of Battle Ground made up the week’s top sales.
A lakefront home in Westlake Village and a home on the main channel at Channel Islands Marina led the week, ahead of sales in Thousand Oaks and Camarillo.
Foothills acreage, a lakeside neighborhood and a Victorian built in 1901 set the pace for the week’s highest-priced sales.
Bentonville claimed three of the week’s top five places and Fayetteville the other two, with prices running from $1.22 million to $3.1 million.
Optimal Blue acquired Denver-based borrower engagement platform Usherpa and, the same day, connected its direct lock function to Fannie Mae’s PE – Whole Loan platform. Terms of the acquisition were not disclosed.
The Loan Officer Productivity Suite, announced Oct. 12, puts six AI features inside nCino’s mortgage point of sale, from a guideline-answering assistant to automated pre-approvals and disclosures. Two of the six were released earlier this year.
Two homes on Mercer Island, two in Bellevue and an estate in Redmond made up the week’s top sales, with one newly built home among them.
Two century-old homes near the Presidio led the list, ahead of a new build in Menlo Park and a Mediterranean home in Alamo Square.
A remodeled 2018 home in Old Palo Alto, a 1926 property on more than an acre in Los Altos and a gated six-acre estate in Los Altos Hills were among the week’s top sales.
A Rancho Santa Fe estate led the week, and La Jolla, with three sales, had more of the top five than any other community.
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