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Housing Market

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Los Angeles suspends new Section 8 applications, approvals amid federal uncertainty

March 13, 2025 by bp56691
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.
Categories Congress, Housing Market, HUD, HWmember, Los Angeles, Politics, Regulatory, Rental Assistance

Judge reportedly leans toward pause in Trump’s actions to unwind the CFPB

March 12, 2025 by bp56691
A district court judge is reportedly weighing whether to issue a longer-term pause on DOGE-led efforts to wind down the CFPB.
Categories CFPB, Dodd-Frank, DOGE, Housing Market, HWmember, Lawsuit, Regulatory, Trump Administration

Federal judge orders release of DOGE operational records

March 11, 2025 by bp56691
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.
Categories DOGE, Donald Trump, Elon Musk, Housing Market, HWmember, Lawsuit, Regulatory, Trump Administration, White House

HUD’s Innovative Housing Showcase is returning to DC in 2025

March 10, 2025 by bp56691
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.
Categories Government Lending, Housing Market, HUD, HWmember, Scott Turner, Washington, D.C.

Have lower mortgage rates boosted housing demand yet?

March 8, 2025 by bp56691
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?
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications

Single women homebuyers are outpacing single men by a 2-to-1 ratio

March 8, 2025 by bp56691
NAR data for 2024 revealed that 62% of homebuyers are married couples, 20% are single women and 8% are single men.
Categories First-Time Homebuyers, Homebuyers, Homeownership, Housing Market, HWmember, national association of realtors

2025 labor market holds key for mortgage rates

March 7, 2025 by bp56691
2025 labor market holds key for mortgage rates
The labor market is getting softer. But, there is a limit to the downside on mortgage rates until the labor market breaks.
Categories Bureau of Labor Statistics, Department of Labor, Federal Reserve, Housing Market, HWmember, Inflation, Mortgage Rates

3 metrics in Friday’s jobs report that will affect mortgage rates

March 6, 2025 by bp56691
HousingWire Lead Analyst Logan Mohtashami outlined three things to look for in Friday’s job report to know where mortgage rates are headed.
Categories Housing Market, HWmember, Jobs Report, Mortgage Rates, Politics, Recession

Investor home purchases are sinking, and it’s most evident in Florida

March 5, 2025 by bp56691
Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.
Categories Affordability, Florida, Housing Market, HWmember, Mortgage Rates, Real Estate Investing, Redfin

Trump grants one-month pause on automobile tariffs, but building material duties remain

March 5, 2025 by bp56691
The Trump administration announced Wednesday that it’s granting a one-month tariff exemption for automobiles from those two countries. The move came in consultation with “the big three autodealers.” It’s unclear if the pause comes with concessions from Canada and Mexico. 
Categories Homebuilders, Housing Market, HWmember, Regulatory, Tariffs, Trump Administration
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