Black households led first-time homebuyer market in 2024

Despite a nationwide dip in first-time homeownership, Black buyers have bucked the trend in 2024, leading the market with 62 percent purchasing their first home, according to new data released by Zillow Thursday. This continues a growing trend, with Bl… Continue reading

Engel & Völkers expands into Pikes Peak in northern Colorado

Engel & Völkers Pikes Peak, led by license partner Travis Turner, brings together a team of 33 real estate advisors and five managing brokers who specialize in luxury real estate. Continue reading

Housing starts decline in January as homebuilder uncertainty rises

Multifamily housing starts fell 9.8 percent, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4 percent month over month, according to data released Wednesday. Continue reading

Living Vogue Real Estate moves 50-agent team to eXp Realty in Florida

Led by Mark Coppens and Matt Hickey, the Living Vogue team will join eXp Realty’s luxury division in Sarasota, Florida, according to executives on Tuesday. The team inked $150 million in sales last year. Continue reading

DOGE claims to have ‘recovered’ $1.9B in ‘misplaced’ HUD funds

The Department of Government Efficiency (DOGE) claims to have “recovered” $1.9 billion in misallocated Department of Housing and Urban Development (HUD) funds, the agency announced on X Friday. While DOGE attempted to redact sensitive details in the sh… Continue reading

Pasadena ADU program offers second shot at affordable housing

To qualify, applicants must have owned and occupied the main property for at least five years, maintain a credit score above 650 and have a debt-to-income ratio below 40 percent. Continue reading

HUD to lay off approximately 4,800 employees under Trump plan

The U.S. Department of Housing and Urban Development will eliminate half of its workforce as part of the Trump administration’s latest effort to reduce federal costs, it announced Thursday. Continue reading

New Jersey home sells for $620K over asking price in bidding war

The 2,385-square-foot home, set on 1.1 acres, may not look like a luxury property at first glance, but its soaring sale price tells a different story. The estate, located at 284 Forest Drive South, hit the market on Dec. 13 for $1.1 million and went un… Continue reading

$32M Beverly Hills property hits the market, but it’s just a basement

If completed as designed, the Beverly Hills estate will feature five bedrooms and eight bathrooms. Open-concept indoor-outdoor living spaces, a wellness center with a spa and indoor pool, and an entertainment basement with a home theater and private lo… Continue reading

Trump nominates Jonathan McKernan as director of CFPB

President Donald Trump has nominated Jonathan McKernan as the new director of the Consumer Financial Protection Bureau (CFPB), a major move in the administration’s broader government restructuring. McKernan’s nomination has been sent to the Senate for … Continue reading