California housing advocates seek exemption from landmark environmental law

As much of the nation continues to reckon with critical shortages to housing inventory that exacerbate affordability woes, housing advocates in California are seeking to exempt homebuilding projects in urban areas from being subjected to a key climate law that critics say has slowed construction. La
Read MoreRocket’s ‘Apple of homeownership’ flywheel is getting more complex

Rocket Companies’ industry-shaking plan to acquire Mr. Cooper in a $9.4 billion deal comes just weeks after the Detroit-based lender announced its acquisition of real estate brokerage Redfin for $1.75 billion. Rocket CEO Varun Krishna and Mr. Cooper CEO Jay Bray — who is slated to report to Krishna
Read MoreHome price signals continue to weaken for 2025
There are three big trends in the spring 2025 housing market: Supply continues to build. This is measurable in both the total unsold inventory and the number of new listings each week. Because each week we have 8–15% more sellers than last year, the total inventory will continue to build unless and
Read MoreTreasury Department plans to cut thousands of employees

Elon Musk and his team in the White House reportedly plan to lay off a substantial portion of employees in the U.S. Department of Treasury as part of their ongoing effort to reduce the federal workforce. In a court filing Tuesday surfaced by Bloomberg Law, the Treasury’s Deputy Assistant Secretary T
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