What’s keeping homebuilders from large-scale layoffs?
A decrease in the number of residential construction workers is usually an early sign of a recession. So why haven’t we seen any big layoffs?
Housing Market
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Will home prices fall in 2025 with more inventory?
We’ve been assuming that lower rates increase demand faster than supply. But what happens if we get the first economic downturn in a while?
A growing Fannie Mae “blacklist” is paralyzing home sales
A growing problem is preventing condominium owners from selling their properties. Many condos are being added to a “blacklist” by Fannie Mae due to the properties not having enough insurance or needing major repairs. If a condo is on this list, it’s significantly harder for prospective buyers to get a mortgage, making it nearly impossible […]
Lower mortgage rates spark housing demand heading into spring
Lower mortgage rates are breathing new life into the market, pushing purchase application data into positive territory for the year.
Judges rule that CFPB, HUD probationary employees still have jobs — for now
Probationary employees at the CFPB, HUD and other federal agencies had their jobs restored temporarily in two court rulings this week.
Los Angeles suspends new Section 8 applications, approvals amid federal uncertainty
The organization explained that it made the move because it does not expect Congress to appropriate enough federal funding to continue support for the program this year.
Judge reportedly leans toward pause in Trump’s actions to unwind the CFPB
A district court judge is reportedly weighing whether to issue a longer-term pause on DOGE-led efforts to wind down the CFPB.
Federal judge orders release of DOGE operational records
The decision marks a significant victory for transparency advocates who seek insight into DOGE’s role in the federal workforce reductions and the dismantling of government agencies under the Trump administration.
HUD’s Innovative Housing Showcase is returning to DC in 2025
This year, the showcase is tied to the 250th anniversary of the U.S. and an executive order issued by President Donald Trump on plans for a “grand celebration” of the milestone.
Have lower mortgage rates boosted housing demand yet?
Does a promising increase in purchase applications indicate that the housing market is beginning to wake up just in time for spring?