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New home sales stumble in April, as affordability pressures mount

New data from the U.S. Census Bureau indicates that new home sales fell well short of economists’ and investors’ expectations in April, amid a challenging spring selling season marked by elevated mortgage rates, persistent inflation and broader economic and geopolitical uncertainty.  Sales of newly built single-family homes fell to a seasonally adjusted annual rate of 622,000 in April, falling 6.2%...

Fidelity data shows record retirement savings, rising Roth adoption

Retirement savers continued to build momentum in early 2026, even as markets fluctuated, according to the latest quarterly analysis from Fidelity Investments. The firm reported that total savings rates reached record levels in the first quarter. Combined employer and employee contributions for 401(k) savers hit 14.4%, approaching Fidelity’s suggested 15% target. For 403(b) participants, the total...

CMLS urges antitrust regulators to back MLS collaboration

The Council of Multiple Listing Services (CMLS) has asked federal antitrust regulators to explicitly recognize multiple listing services (MLSs) as pro-competitive collaborations as the government updates guidance on how competitors can work together. In a May 26 comment letter to the U.S. Department of Justice (DOJ)’s Antitrust Division and the Federal Trade Commission (FTC), CMLS argued that MLSs...

Anthony Lamacchia: Zillow-MRED battle shows risks of ‘listing war’

I interviewed Anthony Lamacchia on this episode of the HousingWire Daily podcast about mounting tensions over listing distribution and MLS rules. He is the founder and CEO of Lamacchia Realty and Crush It in Real Estate — and a fiery advocate for Realtors. Lamacchia had a lot to say about the ongoing battle between Zillow, Compass and MRED and the disruption to the Chicago housing market last week....

Elizabeth Warren presses Bilt on payment disruptions during bank shift

U.S. Sen. Elizabeth Warren (D-Mass.) is demanding answers from Bilt Rewards over reports that customers experienced payment disruptions and account issues during the company’s transition between banking partners. In a letter sent Wednesday to Bilt CEO Ankur Jain, Warren — the ranking member of the Senate banking committee — cited complaints from customers who said their rent and mortgage payments...

$11M Penthouse atop Houston’s Belfiore turned a raw concrete shell into a mansion in the sky

Most luxury penthouses start with an apartment. This one started with raw concrete. High above Houston’s Uptown skyline, Penthouse 2502 at Belfiore Condominiums has officially hit the market for $11 million after undergoing one of the more ambitious luxury transformations Houston has seen in years. Justin Dugat and Misty Meredith of Douglas Elliman hold the trophy listing. The nearly...

This 222-year-old Greenwich estate is surprisingly modern (and genuinely fun)

Some houses tell one story. This one feels like it’s juggling at least nine of them at once. There’s the 222-year-old historic Connecticut home. The sleek modern architectural expansion. The restored stone carriage house connected by glass. The resort-style backyard. The architectural treehouse. The sculptural jungle gym built from telephone poles. The HOBI Award-winning redesign. And somehow,...

Pennsylvania lawmakers set to vote on home equity investment regulations

Pennsylvania lawmakers are moving to bring home equity investment (HEI) companies under state banking oversight, with a floor vote scheduled June 1. The legislation, House Bill 2120, would subject shared appreciation agreements to similar regulations as those governing traditional lenders. The proposed action comes as a state representative accuses one company of attempting to “mislead” the...

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