Meanwhile, lower rates have yet to spark buyer activity, with pending sales down and inventory rising modestly.

Western markets are absent as home prices outpace incomes.

To buy a home in Newport Coast, a homeowner would need to earn nearly $2.4 million a year.

Zoning battles, environmental concerns and organized residents are reshaping expansion.

Brands like Kendra Scott, Gap and Anthropologie focus on culture and community to connect.

Strong balance sheet, operator quality and international expansion are guiding its strategy.

Investors navigate a market shaped by new supply, automation and evolving trade dynamics.

Nearly two-thirds would start house hunting if rates drop to affordable levels.