Tech mogul Marc Andreessen’s family owns tracts of land near the city’s controversial California Forever project he’s backing — and plans to build more than 1,000 homes as part of a “visionary” real estate plan, according to a report. Andreessen, co-founder of the venture firm Andreessen Horowitz, is one of several Silicon Valley bigwigs trying to build a new city ...
Home prices hit a new record in June amid a persistent housing shortage, even as high mortgage rates continued to drive away affordability for millions of Americans. Prices rose 5.4% nationally in June from a year earlier, the S&P CoreLogic Case-Shiller index showed on Tuesday, up from a 5.9% pace last month. On a monthly basis, prices rose by 0.2%, ...