New-home sales rise 2.9% in May

The U.S. still isn't producing enough new homes to offset supply shortages, but it's trying. New-home sales are up 12% year-to-year, according to NAHB.

Citizens to offer free water removal, drying services

The Fla.-owned insurer is giving homeowners two new options on July 1: They'll remove water after a leak and offer drying services without charge (no deductible) and offer a 3-year guarantee if repairs are done by in-house contractors.