The U.S. Department of Transportation (DOT) announced that the Trump administration will oversee the reconstruction of New York’s Penn Station, taking it away from the Metropolitan Transportation Authority […]
Real Estate
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Trump Administration Announces Federal Takeover of Penn Station Renovation
The Trump Administration has announced that it will be taking over the renovation of Penn Station from the Metropolitan Transportation Authority (MTA). This decision comes after criticism of […]
Real Estate
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Zillow Updates 2025 Forecast, Predicting Decline in U.S. Home Prices
Zillow has updated its forecast model, projecting a decline in U.S. home prices by -1.7% between March 2025 and March 2026. This shift reflects growing concerns over housing […]
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Jeff Bezos Sells Seattle Mansion for $63 Million, Moves to Miami
Jeff Bezos has sold his Seattle mansion for a record price of $63 million. The sale comes after Bezos and his fianc\’e Lauren Sanchez relocated to Miami, where […]
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VA to End Mortgage Bailout Program for Veterans
The Department of Veterans Affairs (VA) has announced the termination of its mortgage bailout program, known as the Veterans Affairs Servicing Purchase Program (VASP). This initiative provided last-resort […]
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27 Dallas Billionaires Featured on Forbes’ 2025 List of World’s Richest People
Forbes has released its 2025 list of the world’s billionaires, revealing that the globe’s wealthiest individuals have never been richer. Among them are 27 billionaires from Dallas. Leading […]
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Rocket Mortgage Acquiring Mr. Cooper in a $9.4 Billion All-Stock Deal
Rocket Mortgage is acquiring Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion. This acquisition follows Rocket’s recent purchase of real estate listing company Redfin. […]
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Federal Housing Agency Maintains Fannie Mae and Freddie Mac Loan Limits
Bill Pulte, the newly confirmed director of the Federal Housing Finance Agency (FHFA), which oversees mortgage giants Fannie Mae and Freddie Mac, announced that he will not lower […]
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Heathrow Airport Defends Response to Fire Shutdown Amid Energy Resilience Concerns
Heathrow Airport executives defended their response to a fire that shut down Europe’s busiest air hub for nearly a day. Over 1,300 flights were canceled, affecting more than […]
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Tariff fears are raising construction costs by up to 20%, says Related Group CEO
Building contractors are already increasing prices by as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according […]