Housing Market

French Hill calls for investigation into Little Rock Housing Authority

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 […]

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Two maps that show where the housing market is struggling

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

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Senators call for investigation of possible DOGE ethics violations

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

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International interest in US housing market is up

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

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Nevada lawmaker targets home purchases by institutional investors

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

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Mortgage rates aren’t hampering millennials’ homebuying interest

Millennials are the only generation showing increased interest in buying a home in the next six months, according to a new survey by Realtor.com. The survey, conducted this spring, found that 23% of millennials plan to buy a home, up from 15% in September 2024. By contrast, 69% of Americans across all generations said they

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This NYC mayoral candidate wants to make property taxes a core election issue

The mayoral campaign in New York City is in full swing, and candidates are aiming to inject their campaigns with hot-button topics that could resonate with voters in a closely watched election. To that end, an independent candidate is training his eye on the issue of property taxes, a sensitive one for people around the

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Developer sues Denver over its affordable housing fund

As many local governments continue to face challenges in bolstering their housing stock, one developer is taking action against Denver over a requirement to pay into the city’s dedicated affordable housing fund. The company, redT Homes, states that it’s the Denver area’s “only residential real estate development company […] offering a full suite of services,

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Mortgage rates unfazed by crazy economic headlines

In one of the most chaotic weeks for economic headlines of the year, mortgage rates remained relatively stable, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago. Can this stability last?  Despite elevated rates, having fewer wild fluctuations on a day-to-day basis creates a healthier mortgage market

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Sun Belt holds long-term housing edge even as pandemic boomtowns struggle

The U.S. housing market is telling two very different stories as pandemic-era boomtowns are cooling rapidly while the Sun Belt’s long-term growth outlook remains strong, according to John Burns Research & Consulting. A surge in available homes is reshaping the market in regions that saw the fastest growth during the COVID-19 pandemic. Nationally, the number

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