President Trump took to the lectern at the World Economic Forum in Davos, Switzerland, to deliver his much-promoted speech designed to outline his administration’s efforts to encourage affordable homeownership. However, the speech offered no new ideas and gave the...
The Department of Housing and Urban Development (HUD) announced that its Office for Fair Housing and Equal Opportunity (FHEO) launched an investigation into Minneapolis’ housing policies for potential violations of the Fair Housing Act and Title VI of the Civil Rights...
Pending home sales in December dropped by 9.3% from the prior month and were down by 3.0% from the previous year, according to data from the National Association of Realtors (NAR). On a regional basis, pending home sales were down in all four regions on a...
President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Mortgage application activity was on the rise thanks mainly to an upswing in refinance inquiries fueled by declining mortgage rates, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 16. The Market Composite Index, the MBA’s...
New York State closed 2025 with 9,649 home sales in December, a 2.5% increase from 9,416 homes sold one year earlier. According to the New York State Association of Realtors, pending sales were up 2.1% from 6,214 homes under contract one year ago to 9,649 in December....
