Today marked a significant development in the ongoing dialogue between President Trump and Elon Musk, as their relationship appears to have reached a critical point of conflict. The question for those in housing is: How could this impact mortgage rates moving forward? The 10-year yield saw a slight increase earlier as it reacted to the […]
How the Trump/Musk dispute could influence mortgage rates Read More »
The luxury housing market lost momentum in April as financial uncertainty prompted many high-end buyers and sellers to hold off on transactions, according to a new report from Zillow. Defined as the top 5% of home values in each region, the typical luxury home in the U.S. is now valued at about $1.8 million. Despite
Zillow: Luxury housing market slowed in April Read More »
With the next race for the mayor of America’s largest city in full swing — and as a city that has consistently elected Democrats for the position for much of the past century — the first Democratic primary debate for the 2025 election was rife with attacks and sweeping policy promises. Nine candidates were on
Democrats put housing front and center in NYC mayoral debate Read More »
The onset of COVID-19 pandemic in March 2020 set off a wave of domestic migration that reoriented housing markets across the country, turning some metro areas into boomtowns and sinking a number of others. The prevailing narrative around this phenomenon took on a life of its own — a mass exodus from urban cities in
Where does the housing market stand 5 years after the ‘flight to the suburbs’? Read More »
Home-price growth in the U.S. fell to its lowest rate in more than a decade this April, according to the latest data from Cotality. Weighing on the market were continued concerns about the economy, including job stability, inflation and possible tariff impacts — all contributing to sluggish buyer demand. “Housing market headwinds continue to challenge
Home-price growth at decade low, Florida markets lead declines Read More »
Citing a series of missteps made despite the oversight and U.S. Department of Housing and Urban Development (HUD) action plans, the chairman of the House of Representatives‘ Financial Services Committee is calling for a federal investigation into the housing authority of Little Rock, Arkansas. Rep. French Hill (R) — who represents Arkansas’s second congressional district
French Hill calls for investigation into Little Rock Housing Authority Read More »
Industry professionals were full of optimism heading into the spring that the housing market could pick up after a sluggish start to 2025. But heading into the summer, that optimism has largely faded. Existing-home sales are hovering around 4 million and many markets that are typically fruitful for homebuilders have stalled. In its midyear housing
Two maps that show where the housing market is struggling Read More »
Three senators are calling on the Department of Justice (DOJ) and federal watchdogs to investigate whether U.S. DOGE Service aides tasked with downsizing government agencies violated conflict-of-interest laws by holding stocks in companies overseen by thes, according to a recent ProPublica report. The request — sent last week by Sens. Elizabeth Warren (D-Mass.), Ron Wyden
Senators call for investigation of possible DOGE ethics violations Read More »
International demand for U.S. real estate ticked up in the first quarter of 2025, with foreign home shoppers increasingly turning their attention to Southern markets — particularly in Florida and Texas — according to a new report from Realtor.com. Miami ranked as the most-viewed U.S. city among international buyers, accounting for 8.7% of all foreign
International interest in US housing market is up Read More »
Citing an issue in which families across Nevada do not have the resources to compete with institutional investors that buy up single-family homes, Rep. Susie Lee (D) has called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to offer transparency when out-of-state landlords purchase foreclosed single-family homes. Lee, who represents part of Las Vegas
Nevada lawmaker targets home purchases by institutional investors Read More »