April 2026

California lawmakers weigh state-backed loans for downtown housing towers

California lawmakers are weighing yet another tool in the housing toolbox to jumpstart high-rise construction in the state’s largest downtown areas. Assembly Bill 2074, dubbed the Downtown Revitalization Act, would ease approvals and offer state-backed, low-interest financing near major transit hubs. The bill calls for seeding a loan fund with $500 million. The bill is moving through the committee...

U.S. Remodeling Sentiment Softens in Early 2026

Confidence among U.S. remodelers eased modestly in the first quarter but remained solidly positive, according to data released by the National Association of Home Builders, reflecting steady demand supported by aging housing stock and constrained existing-home turnover. The NAHB's Remodeling Market Index (RMI), compiled with Westlake Royal Building Products, slipped to 62 from the prior quarter, a...

NYC ultra-luxury market surges amid global unrest

A potent mix of global instability and financial anxiety is supercharging demand for New York City’s priciest homes — even as broader luxury segments grapple with stubborn inventory shortages. HousingWire Data shows pending sales in the ultra-luxury single-family market — defined by a $4.3 million median price — surged 200% in the latest weekly period. At the same time, price reductions among...

Cybercrime against seniors is surging, with $7.75B reportedly lost in 2025

Americans ages 60 and older filed 201,266 complaints with the FBI’s Internet Crime Complaint Center (IC3) in 2025. And they reported losses totaling $7.75 billion — a 59% increase over the prior year, according to the agency’s annual report. The average loss per senior victim was $38,500, with more than 12,400 older complainants losing more than $100,000 each. Investment fraud — much of it...

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