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U.S. Home Prices Just Jumped the Most in 13 Months as Buyers Return

NEW YORK, May 14, 2026, 04:13 (EDT) U.S. home prices jumped in April, notching their sharpest year-over-year gain in 13 months, according to Redfin. Buyers returned for the spring selling season, driving the median sale price up 2.4% to $396,173. Signed contracts hit their highest level since early 2023, with pending sales up 2% over March. (Redfin) April’s pivotal. Spring brings more action, giving brokerages, lenders, and listing portals a boost, though buyers—already stretched—face even tighter affordability as prices pick up speed.

Jen Kiggans Faces Resignation Demands After ‘Cotton-Picking’ Remark Hits Virginia Race

WASHINGTON, May 13, 2026, 19:07 EDT Pressure is mounting on Rep. Jen Kiggans to step down after the Virginia Republican replied “Ditto” to a radio host’s comment urging House Democratic Leader Hakeem Jeffries to keep his “cotton-picking hands off of Virginia.” Kiggans later clarified, saying she did not endorse the wording and meant only that Jeffries should stay out of the state’s politics. (Reuters) This time, the controversy has real stakes: Kiggans is seeking another term in a closely contested House race.

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