Builders often talk about “uncertainty” as if it were a temporary fog that had to clear eventually. Rates will decline, the Fed will pivot, pent-up demand will return, migration will pick up again, and the longstanding pattern of structural underbuilding will resume. The idea that the industry’s biggest risks come from the outside—and that the […]
Why invisible risk will define homebuilding’s 2026 reality Read More »
The Housing for the 21st Century Act — the U.S. House’s version of the Senate-approved ROAD to Housing Act — was unveiled Wednesday. Led by sponsors including Chairman French Hill (R-Ark.), Ranking Member Maxine Waters (D-Calif.), Chairman Mike Flood (R-Neb.) and Ranking Member Emanuel Cleaver (D-Mo.), legislation aims to boost housing development and improve affordability
U.S. House unveils Housing for the 21st Century Act Read More »
Friday saw mortgage rates move back up near the highest levels of the week, and thus the highest levels of the past 3 months. Thus ends another week where mortgage rates end higher despite a Fed rate cut. We’ve beaten this horse to death, but here are the two key reasons Fed rate cuts don’t
Anyone Who Tells You They Know What Happens Next For Rates is Lying Read More »