Live News

• Scott Turner tours Nevada federal land to talk potential sale, housing development May. 19th 2025
  The heads of HUD and the Interior toured federal land in Nevada as a potential target for sale and new housing amid tensions with Democrats.

• Inventory back to 2019 levels and what that means for 2025 May. 19th 2025
  Unsold inventory of homes on the market continues to grow. There are 33% more homes on the market now than at this time last year.

• Vermont governor sounds alarm on housing issues May. 19th 2025
  The governor of Vermont is criticizing his state's legislature for not acting quickly enough on meaningful housing legislation.

• What’s really happening in Florida’s housing market? May. 19th 2025
  What’s really happening in Florida's housing market? It's not as apocalyptic as social media would have you believe.

• Economic uncertainty, regional housing supply impact fix-and-flip business May. 19th 2025
  Nearly half of survey respondents said they would prioritize spending less on renovations if material prices suddenly increased due to tariffs.

• How will Moody’s downgrade of US debt affect mortgage rates? May. 18th 2025
  Any adverse reaction from this event may lead mortgage rates toward 7.25% or higher, which would be the year-to-date high in 2025.

• Better mortgage spreads boost housing demand in 2025 May. 17th 2025
  The improvement in mortgage spreads since 2023 has contributed to a noticeable positive trend in purchase application data for 2025.

• Will cutting mortgage rates fix the housing market? May. 17th 2025
  Mortgage professionals are navigating one of the most challenging origination markets in recent history. Still, cutting mortgage rates would not be the end-all solution to pacify markets that many claim it to be. While lower rates might temporarily ease borrower costs or support home purchases, they would also expose the housing industry to further risk without meaningfully addressing core issues, like supply shortages or long-term affordability.

• HUD approves Asheville’s hurricane recovery plan after initial objection over DEI May. 16th 2025
  The city’s $225M recovery plan, initially rejected by HUD over DEI concerns, is one step closer to being fulfilled.

• FEMA isn’t prepared for hurricane season, acting director concedes May. 16th 2025
  The acting FEMA head was fired, a new one was appointed, and no firm disaster recovery plan is ready ahead of hurricane season, WSJ reported.