While repurposing a landfill sounds too risky to some, companies are increasingly looking at closed landfills for redevelopment, particularly in land-strapped areas. Last week, Santa Clara, CA, approved Related's $6 billion development proposal on a landfill site, despite some regulatory concerns.

Builders and developers can face decades-long hurdles to make sure the site is safe for development, but the biggest danger inherent in these types of projects might be public perception. In our feature article on Tuesday, July 5, we'll explore what developers need to go through to build on a landfill site, and why these projects tend to face pushback.

CoreLogic Home Price Index — July 5

CoreLogic will release its May Home Price Index on Tuesday, July 5. Last month, CoreLogic announced home prices rose 1.8% between March and April and 6.2% between April 2015 and April 2016. April's 1.8% price increase was, once again, higher than CoreLogic's prediction last month of a 0.7% rise.

CoreLogic Chief Economist Frank Nothaft attributed the steep rise in home prices to tight available inventory and low mortgage rates. 

In last month's report, CoreLogic predicted home prices would rise 0.9% between April and May. Will Tuesday's report once again reveal a stronger-than-predicted gain in home prices?

Minority homeownership rates haven't recovered from the housing crash, and in fact, they continue to slide. Black and Hispanic homeownership has not increased to levels anywhere near their precrash levels. According to the Census Bureau, 41.5% of black households and 45.3% of Hispanic households are homeowners, compared with 72.1% of white households.

In our feature article on Thursday, July 7, experts will delve into why minority groups have experienced such a difficult time regaining that lost ground and how they can get back in the housing market — creating increased demand for builders and wealth for future generations of homeowners.