Why did we just see the highest new home sales print in years?

I know this is a crazy stat, given how much the builders’ confidence is falling, but new home sales just had the highest monthly sales print in years. Can this be revised lower in the future? Yes, just like the previous months have been. But there’s a bigger story here that I’ll address because this

FEMA rescinds strategic agency plan ahead of hurricane season

Hurricane season is set to commence on June 1, but the Federal Emergency Management Agency (FEMA) — which has been experiencing organizational challenges for the past several weeks — has reportedly rescinded its guiding plan for agency objectives and priorities, according to multiple FEMA employees

HUD names new CIO as judge pauses mass firings at the agency

Now a little more than four months into the second Trump administration, the U.S. Department of Housing and Urban Development (HUD) has appointed a new chief information officer (CIO), Eric Sidle, with experience in the electric vehicle space and with a former position at tech giant Apple, Inc. on h

Anywhere makes offer to buy Douglas Elliman: Bloomberg

Anywhere Real Estate has made an offer to acquire luxury brokerage firm Douglas Elliman. The offer was first reported by Bloomberg. According to Bloomberg’s sources, the bid would value Douglas Elliman at more than $4 a share. The firm’s stock ended Thursday at $2.14 a share, giving the firm a marke