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Avatar photoMike Douglas

Mike 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 in journalism from the Walter Cronkite School of Journalism and Mass Communication at 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, Mike 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, Mike also brings a hands-on perspective to coverage of property ownership, investment strategy, and long-term market opportunities.

U.S. Housing Market Update June 2026: Existing-Home Sales Rise, New-Home Sales Fall, Inventory Improves

Existing-home sales rose in May, new-home sales fell, and inventory improved. Here’s what buyers and sellers should watch next.

Categories Housing Market Tags Buyers, Existing-Home Sales, Home Prices, Housing Market, Inventory, New-Home Sales, Sellers
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