U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offset declining mortgage rates.
Read More US single-family housing starts tumble to an eight-month low in March
Federal Housing Finance Agency Director William Pulte issued a letter Tuesday alleging that the New York Attorney General Letitia James “falsified records” to secure a home loan on a property in Virginia as her “principal residence” in 2023, when she was serving as New York’s prosecutor.
Read More Trump Admin Refers N.Y. AG Letitia James For Possible Mortgage Fraud Prosecution
New York City Mayor Eric Adams announced he will not be seeking the Democrat nomination, but instead will be going full throttle as an independent candidate in a longshot run.
Read More NYC Mayor Adams Exits Democrat Primary, Launches Independent Re-Election Bid
A massive migrant shelter in San Diego, California, is closing its doors as the city has seen a significant drop in asylum seekers since President Donald Trump returned back to the White House.
Read More Calif: With Fewer Asylum Seekers, San Diego Shutters Migrant Shelters
The city of Los Angeles has only approved four permits to begin rebuilding the houses destroyed or damaged in the January Pacific Palisades fires, which burned through nearly 7,000 homes.
Read More Only 4 Permits Have Been Issued For Rebuilding L.A. Homes Destroyed In January Wildfires
Car manufacturer Hyundai plans to invest $20 billion in the United States, including into a new steel plant in Louisiana, adding to the list of major foreign businesses set to move more of its operations to America in order to avoid tariffs.
Read More Hyundai Announces $20B U.S. Investment, Including Louisiana Steel Plant, Amid Tariff Concerns