A candidate for the Republican nomination for governor of South Dakota is proposing a two-year waiver on property taxes for first-time homebuyers plus a $400 annual property tax credit to all other homeowners. South Dakota Searchlight reports Dusty Johnson, who is...
Federal Housing Finance Agency (FHFA) Director Bill Pulte is demanding that home builders ratchet up production on new housing. In a post on X, Pulte declared, “Builders who do business with Fannie and Freddie (which is most builders) need to start building out their...
Apartment rents were up slightly in December with the national average increasing to $1,708, a scant 0.1% increase from November’s upwardly revised figure of $1,707. According to data from Apartments.com, this mild uptick reversed the previous five consecutive month...
President Trump announced he is directing his “representatives” to buy $200 billion in mortgage bonds as a strategy for driving down mortgage rates. In a posting on Truth Social, Trump blamed former President Biden for ignoring the housing market and...
Mortgage rates started 2026 on with a mild uptick, according to the Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.16% as of Jan. 8, up slightly from last week when it averaged 6.15%. A year ago at this time, it...
California Gov. Gavin Newsom is following President Trump’s lead by calling for a shutdown on institutional investors from purchasing single-family homes. The San Jose Mercury News reports 3% of California’s single-family homes are owned by large companies, according...
Hits and Misses for the Real Estate Week of April 27-May 1
