HUD secretary defends repeal of fair housing rule
The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.
Housing Market
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House bill calls for bigger SALT tax breaks
The new SALT provision would raise the cap to $30,000 for those with a modified adjusted gross income of $400,000 or less, up from the current $10,000 limit.
More home sellers and home sales in May
The risk for this market is mortgage rates going higher. Even as the stock market has rebounded, the bond market has kept rates high.
Mortgage demand still staying firm with elevated rates
As the spring home-buying season winds down, the demand for mortgages is holding steady, even with the higher rates.
Why federal support for tiny homes could be a game changer
San Francisco-based DignityMoves is pushing for broader support on what its founder and CEO Elizabeth Funk calls “interim supportive housing.”
NAR: Home prices are up in 83% of metros
According to the National Association of Realtors, 189 of 228 metro areas saw an uptick in the median price for a single-family home.
Is it a good time to sell a house? ‘No’ is increasingly the answer
Despite tariff concerns, the April Home Purchase Sentiment Index from Fannie Mae ticked up by 1.1 points compared to March.
The Fed is preparing for rate cuts, but waiting on job losses
Powell emphasized that if the labor market deteriorates, the Fed has the ability to cut rates appropriately to mitigate the labor damage.
Trump wants to cut rental assistance. His first-term budget requests show he’s serious
The Trump administration released an outline for its 2026 federal budget proposal on Friday — and it calls for steep cuts to HUD programs.
Home sales disappoint at the end of April
Weekly single-family home sales came in 8% below the same time last year, and condo sales came in 19% fewer.