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HUD Delays Biden’s Energy Codes Implementation for 6 Months

HUD Delays Biden’s Energy Codes Implementation for 6 Months

by Phil Hall | Mar 10, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has announced a six-month delay in the implementation of the mandatory energy codes initiated by the Biden administration. The delay will push back the compliance dates for adopting the 2021 International Energy...
Builders Thank Trump for Partial Tariff Pause, But Express Concern Over Possible Trade War

Builders Thank Trump for Partial Tariff Pause, But Express Concern Over Possible Trade War

by Phil Hall | Mar 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The National Association of Home Builders (NAHB) welcomed President Trump’s one-month tariff suspension on certain Canadian and Mexican products but urged the White House to reconsider the potential of a long-term tariff battle. “NAHB commends President Trump for...
NAHB Elects Buddy Hughes as 2025 Chairman

NAHB Elects Buddy Hughes as 2025 Chairman

by Phil Hall | Feb 28, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The National Association of Home Builders (NAHB) has elected Buddy Hughes, a Lexington, North Carolina-based home builder and developer, as its 2025 chairman. Hughes opened his general contracting business, Hughes Construction, in 1984. Today, he serves as a product...
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays

New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays

by Phil Hall | Feb 24, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports are showing a decline in mortgage applications for new home purchases and the increased challenges in being able to afford a mortgage. The Mortgage Bankers Association (MBA) reported mortgage applications for new home purchases decreased 6%...
Hits and Misses for the Real Estate Week of Feb. 17-21

Hits and Misses for the Real Estate Week of Feb. 17-21

by Phil Hall | Feb 21, 2025 | Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 17-21. Hit: An End to DEI Daffiness. Kudos to...
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