Government shutdowns have repeatedly rippled through the real estate industry over the past three decades, delaying loans, snarling flood insurance and rattling buyer confidence. A federal shutdown is days away as of Friday — threatening paychecks for hundreds of thousands of workers, freezing key reports like monthly jobs data and placing a layer of uncertainty […]
Government shutdown looms large for real estate, mortgage Read More »
Michigan cities and a bipartisan group of state lawmakers are backing a $160 million annual budget proposal aimed at increasing housing construction and rehabilitation through local zoning changes and financial incentives. Officials say it could spur 10,000 new homes over five years — or about 2,000 a year — at a total cost of $800
Michigan cities, lawmakers seek $800M for housing incentives Read More »
Permits for new multifamily housing construction have declined from the pace set during the COVID-19 pandemic, according to a Redfin analysis of U.S. Census Bureau data. Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June 2025. That is down 23.1% from the
Redfin: Multifamily housing permits fall from pandemic highs Read More »
Today’s housing starts report from the Census Bureau shows that Federal Reserve policy remains too restrictive for housing production to grow, which in the long run impacts the fight against inflation. This is why the data on single-family construction is not improving; in fact, it is getting worse. The unfortunate part is that we don’t need
Single-family construction is getting worse due to rates Read More »
New-home sales have been a relative bright spot in an otherwise stagnant housing market. But that’s changing and homebuilders recognize it. According to June 2025 data released Friday by the U.S. Census Bureau, single-family home construction is down year over year at every stage of the process. This includes permits (-8.4%), starts (-10%), completions (-15.5%)
Single-family home construction declines are accelerating Read More »
The spring homebuying season is in full swing. But what is typically the busiest time of year for homebuilders has not lived up to the hype in 2025. As builders struggle to close sales, resulting in declines in builder confidence and in company revenues, many have started to pile on buyer sales incentives. According to
Homebuilder sales incentives are in full bloom this spring Read More »