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Post-holiday pending sales rebound exposes regional divides

The U.S. housing market is showing clear signs of a post-holiday recovery. Pending home sales climbed to 50,096 new contracts this week, a 25.7% increase from last week’s 39,841, as buyer activity rebounds from the typical holiday slowdown. The increase in buyer activity, combined with shifting market dynamics, signals a return to more typical activity…

KB Home opens new wildfire-resilient community in NorCal hills

In the foothills of California’s Sierra Nevada mountains, KB Home has unveiled a fire-resilient new-home subdivision designed and engineered to protect homeowners, buffer neighboring communities and potentially lower property insurance rates.  The homebuilder opened its model home and began selling homes in its 24-lot Stone Canyon community, 30 miles east of Sacramento in the fire-prone…

FHFA reports clean GAO audit for fiscal year 2025

The Federal Housing Finance Agency (FHFA)’s annual Performance and Accountability Report was published on Friday, revealing that the agency received clean audit results for fiscal year 2025 from the Government Accountability Office (GAO). The report disclosed that the GAO did not find any “material weaknesses or unacceptable risks.” The FHFA received an unmodified audit opinion…