The Federal Reserve ignored President Trump’s exhortations to cut rates and opted to maintain the target range for the federal funds rate at 4.25% to 4.5%. “Although swings in net exports have affected the data, recent indicators suggest that economic activity has...
Active listings of homes in Washington, DC metro area shot up by 25.1% year-over-year during the four weeks ending April 27, according to data from Redfin (NASDAQ: RDFN). This marked the highest level of home for sale in that market since 2022. By comparison, active...
Roughly one-third (30%) of Americans who do not own a home doubt that they will buy one within the next five years, according to a new Gallup poll, 23% do not believe they will achieve homeownership in the next 10 years and 45% said it would not happen for the...
The homebuilder Lennar Corp. (NYSE: LEN) announced the grand opening of Roselyn, a new 55+ master-planned community in Lancaster, South Carolina. Roselyn encompasses three of Lennar’s single-story collections – Garden, Blossom and Primrose – with home designs...
The government-sponsored enterprises (GSEs) of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) have a curious human resources problem – agents from North Korea and China were discovered working for them. Bill Pulte, director of the Federal Housing Finance...
Funnyman Jim Carrey has grimly shaved $1 million off the listing price of his Los Angeles estate that has been repeatedly discounted since going on the market two years ago. Mansion Global reports Carrey’s Brentwood property is now being priced at $18.75 million after...
Report: Prince Harry and Meghan Markle Considering a Move to Los Angeles
