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NAR Existing-Home Sales Report Shows 3.2% Increase in May
First-time buyers rose to 35% of all buyers — the highest share since June 2020 — driven by modest inventory improvements. Market outlook cooled for both buyers and sellers, with 25% of homes still selling above list price. Inspection contingency waivers dropped to 17%, down from 25% a year ago. Contracts closed in 30 days on average. Buyers continued to favor areas outside city centers at 82%.

India-born CEO to lose US citizenship over H-1B visa fraud
H-1B News: Neeraj Sharma, an India-born CEO convicted of H-1B visa fraud, is among 17 naturalised Americans who are set to lose their citizenship as the Trump administration launches the largest denaturalisation drive in recent US history.







