TRENDING TOPICS
79 articles found for "tax"
National housing inventory rose 10% year-over-year as the market finally thaws, but remains 18% below pre-pandemic levels. Nine Sun Belt states have flipped to buyer territory.
Home prices have surged 53% since 2019 while incomes grew just 24%. New research from Fortune suggests the crisis is driven by wealthy buyers, not a lack of supply, upending conventional wisdom.
Existing home sales dropped 8.4% in January to 3.91 million units, the lowest since 2024, while median prices hit a January record of $396,800. The NAR is calling it a 'new housing crisis.'
The S&P Case-Shiller Index showed national home prices grew just 1.3% in 2025, the weakest full-year gain since 2011, while Tampa, Denver, Phoenix, Dallas, and Miami posted outright declines.
The FHFA's new housing goals for Fannie Mae and Freddie Mac took effect today, cutting low-income mortgage targets from 25% to 21% and very low-income targets from 6% to 3.5%.
January existing home sales fell 8.4% to a 3.91 million annualized rate, the sharpest monthly drop in nearly four years. NAR's chief economist says the data reveals a 'new housing crisis' that lower mortgage rates alone cannot fix.
The Housing for the 21st Century Act passed the House with a near-unanimous 390-9 vote, making it the most significant federal housing investment in over a decade. The bill now heads to the Senate.
Existing home sales plunged 8.4% in January to 3.91 million units, the biggest monthly drop since 2022, despite 6.01% mortgage rates. NAR's chief economist says Americans are 'stuck.'
NAHB builder confidence dropped to 36 in February, its lowest since September, as tariff-driven lumber and material costs collide with stubborn affordability challenges to thin America's housing pipeline.
Housing inventory has climbed to 695,628 single-family homes, up 10.5% year over year, marking the strongest early-season listing activity since before the pandemic. Spring 2026 could be the most balanced market in years.
Lumber prices have fallen to $497 per thousand board feet, the lowest in two years. But higher US duties on Canadian softwood and widespread mill closures could send prices surging by summer.
Florida is seeing its first home insurance rate cuts in a decade, with State Farm filing for a 10% reduction and Citizens Insurance lowering rates for the first time since 2015. Meanwhile, California's insurance crisis deepens as major carriers abandon the state entirely.