House bill markup pushes sale of federal land for housing development

A markup of a budget reconciliation bill from the House Committee on Natural Resources saw an amendment added that would authorize the sale of thousands of acres of federal land in Nevada and Utah, according to reporting by The Hill and NPR.The move could have significant implications for housing. T
Read MoreSlow burn: Inside the 2025 luxury home market

Concierge Auctions‘ 2025 Luxury Home Index reveals a market at a crossroads.Prices remain high and inventory is tight. Demand hasn’t vanished, but luxury properties are taking longer to sell, listing discounts are widening and macroeconomic shifts are reshaping buyer behavior.“Luxury hasn’t collapse
Read MoreZillow posts strong Q1, touts listing transparency and app traffic

Zillow reported a strong start to 2025, exceeding its first-quarter 2025 outlook with $598 million in revenue, up 13% year over year.The company also posted $153 million in adjusted EBITDA and achieved GAAP profitability — driven by cost management and margin expansion, leaders said. During an earni
Read MoreFinance of America posts a profit, beats funded volume estimates in Q1 2025

In beating its estimates for funded loan volume — and by posting a profit — in the first quarter of 2025, reverse mortgage lender Finance of America (FOA) saw its volume improve by nearly one-third compared to numbers from Q4 2024. The company is maintaining a bullish outlook for business in the mon
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