Government shutdown nails housing programs in week 2

The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown’s third week. Continue reading

How the government shutdown is impacting real estate

As the shutdown continues, the real estate industry will also increasingly feel the ripple effects. Housing data, mortgage rates, federally-backed home loans, flood insurance and the Washington, D.C., housing market are all already starting to feel the… Continue reading

How HUD’s English-only policy undermines fair housing

Realtors cannot stand idly by in the face of discriminatory housing policies, coach Darryl Davis writes. It’s time to fight for the homeownership rights of non-English-speaking clients and neighbors. Continue reading

How HUD’s English-only policy undermines fair housing

Realtors cannot stand idly by in the face of discriminatory housing policies, coach Darryl Davis writes. It’s time to fight for the homeownership rights of non-English-speaking clients and neighbors. Continue reading

‘Construction is in a funk’: Homebuilding improves, but inventory issues remain

The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading

Sec. Scott Turner: HUD breaks down barriers to homeownership

HUD Secretary Scott Turner shares how new policy rescissions simplify processes, reduce financing costs and strengthen the housing market, fostering a more effective FHA-insured lending process. Continue reading

New residential sales drop nearly 14% in May, their sharpest in 3 years

Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives. Continue reading

Trump looks to South Korea to bring down mortgage rates

Overseas investors hold about $1.36 trillion in U.S. mortgage debt, with Japan, China, Taiwan and Canada accounting for 61 percent of that total. Continue reading

NAR appoints new SVP, VP of communications department

Nearly six months after its previous communications vice president resigned, the National Association of Realtors has added two new communications and marketing directors to its executive team. Journalism veteran Bennett Richardson will serve as the se… Continue reading

LA wildfire victims get extension on foreclosure, eviction moratorium

The moratorium on foreclosures and evictions for wildfire victims with FHA-backed single-family mortgages will be extended until July 7, 2025, HUD announced Thursday. Continue reading