Provisions restoring the mortgage insurance premium deduction are included in the Senate reconciliation bill, the latest path for its supporters to bring it back to the Tax Code. It is one of several real estate and housing provisions up for debate, including one that addresses low income housing tax credits. The MI deduction first was […]
Senate reconciliation proposals would help, hurt housing Read More »
Caring wife. Positive aged woman giving a cup of tea to her smiling husband who is sitting at the table and using tablet Past expectations of a wave of homes to hit the market once senior citizens move out are fading, with a majority of baby boomers saying they won’t sell for at least another
Baby boomer plans put others’ homeownership goals on hold Read More »
New U.S. residential construction declined in May to the slowest pace since the onset of the pandemic as an elevated inventory of homes for sale and high mortgage rates sapped the motivation to build. Housing starts decreased 9.8% to an annualized rate of 1.26 million homes last month, according to government figures released Wednesday. The
New home construction falls to five-year low Read More »
Homeowners are reverting back to old habits in the real estate market. After giving them smaller commissions in 2024, sellers are paying buyer’s agents 2.77% commissions this year, according to brokerage Clever Real Estate. Those buyer agents saw their commissions dwindle to 2.30% last year, as the industry adjusted to a major rule change. The
Commission cuts stall as sellers stick to old ways Read More »
Not only does the full panel of economists surveyed by Wolters Kluwer feel the Federal Open Market Committee will not cut short-term rates at its meeting today and tomorrow, less than 10% expect it to act in July. The Blue Chip Economic Indicators report also soundly discounts Pres. Trump’s call for the Fed Funds Rate
No Fed rate cut until September at earliest, economists say Read More »
Housing permits fell in April, according to the National Association of Home Builders. This marks the fourth month in a row of depressed housing permits, a sign that builders continue to pull back on construction amid an anemic housing market. Nationwide permits to build single-family homes were down 4.7% through April compared to the same
Builders scale back as costs, supply rise Read More »
As President Donald Trump continues his push for tougher immigration enforcement and higher tariffs, Americans are increasingly split on how it will affect home prices, a survey from real estate firm Redfin found. In the survey, 51% of respondents agreed when asked if they thought that less immigration would lead to fewer construction workers and
Tariffs, immigration fears stoke housing cost debate Read More »
U.S. Home Equity Fund I, a real estate investment fund managed by Nada Asset Management, has purchased 132 home equity agreements from an affiliate in an over $10 million transaction. Nada launched the fund in February of this year, with the aim of creating a diverse portfolio of HEAs, also referred to as home equity
Nada fund buys 132 home equity agreements from affiliate Read More »
Housing prices decelerated to their slowest growth rate in two years, offering positive signals for consumers looking to buy a home in 2025, according to a new report from Intercontinental Exchange. ICE Markets’ latest Home Price Index showed housing values were up just 1.4% in May year-over-year. Seasonally-adjusted prices fell by 0.01% compared to a
Housing prices soften further in Sunbelt, West, report shows Read More »
Despite increasing mortgage rates and economic volatility, the outlook among home buyers and sellers improved on both a monthly and annual basis, according to Fannie Mae’s latest housing survey. The government-sponsored enterprise’s monthly Home Purchase Sentiment Index increased to a reading of 73.6 in May, up from 69.2 one month earlier. May’s level also rose
Home purchase sentiment rises after tariff pause Read More »