The Inflation Reduction Act, which passed the U.S. House of Representatives on Friday, spared affordable housing investment and other real estate from the most feared new taxes.

Marketers should acknowledge consumers' fears of recession and how these fears change decision-making, writes Jake McKenzie, CEO of Intermark Group. Positive messaging, confirming intrinsic motivations to clients and focusing on payments instead of total cost are some expert tips for alleviating buyers' stress.

The use of acrylic and glass furnishings, large decorative pieces and patterns are among design elements that can make a small home appear larger from the inside, experts say. "When decorating think about every corner of your home to elevate the interior," says interior decorator Juliette Thomas.

Water views for less than $300,000? A realtor.com® study identifies where buyers can snag waterfront property at an affordable price.

Check out these before-and-after virtual renderings to see what a difference a few style updates can make to an outdoor space.

Wells Fargo is planning to significantly shrink its presence in the mortgage business, which reportedly could include a full or partial end of correspondent mortgage lending, in which it provides funding for loans arranged by outside firms. "Like others in the industry, we're evaluating the size of our mortgage business to adapt to a dramatically smaller originations market," the company said. "We're also continuing to look across the company to prioritize and best position us to serve our customers broadly."

Landing, a platform for sourcing move-in ready apartments, has found success catering to millennials and others who work remotely or travel for work. Founder Bill Smith sees flexible lease agreements as the future of the industry, and his company is projected to reach $200 million in revenue this year.

Southern Maine is facing a housing crisis due to rising rents and the need for emergency shelters to house a growing homeless population. Local governments are trying to establish rent controls as outside investors push for market rates that some workers say are unaffordable.

The Federal Reserve's steps to tame inflation have contributed to a pullback in home buying and a deceleration in price growth, though avoiding a broader collapse in prices remains a priority. "The Fed is coming in hard and fast on the 5% pace that was common in the five years before the pandemic, which would finally be consistent with its goal of bringing inflation back under control," Jonathan Levin writes.