Will HUD Secretary Scott Turner be good for housing?

Broker and former U.S. Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary. Continue reading

Homebuilders warn they’re facing a 40% tariff on Canadian lumber

In renewing a call that building materials be exempt from tariffs, trade group notes that more than 70 percent of imported softwood lumber and gypsum used for drywall comes from Canada and Mexico. Continue reading

Zillow, not CoStar, is Realtor.com’s biggest competitor, Eales insists

As the rivalry with CoStar Group simmers, Realtor.com CEO Damian Eales is focused on housing policy and bridging gaps between the industry and consumers, he told a crowd Thursday at ICNY. Continue reading

Trump’s executive order to address housing costs is short on specifics

Mortgage lenders have renewed their calls to slash Federal Housing Administration mortgage insurance premiums to help buyers struggling with elevated housing costs and mortgage rates. Continue reading

Trump, Harris housing policies emerging from the rhetoric

Housing policy has gotten short shrift in the debates, with a tight focus on immigration and inflation. But the candidates’ platforms — and Project 2025 — provide more details. Continue reading

Typical monthly mortgage plunges from all-time high recorded in April

The latest adjustment marks the lowest a typical payment has been in six months — and, with a mere 1 percent month-over-month increase, the smallest uptick in five years, according to a Redfin analysis. Continue reading

A sales uptick in 2023? Zillow’s senior economist thinks it’s likely

During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will “stabilize” in 2023, setting the stage for an increase in home sales. Continue reading

Home sales have so much further to fall in 2023, Goldman Sachs says

House purchases are expected to plummet further in the closing months of the year, and the recovery may not pick up speed until 2024, according to a new forecast from the investment bank. Continue reading

Homeowner support grows for mother-in-law units: Survey

Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by Zillow. Continue reading

California’s scorching-hot housing market expected to stay ‘incredibly competitive’

California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Continue reading