HousingWireHousingWire Did today’s new home sales report really show an epic crash in sales? New home sales reports can be quite volatile from month to month. When I notice a significant increase or decrease compared to estimates, I often suspect that revisions will be made or that a one-time event…
Continue reading →HousingWireHousingWire The U.S. Department of Housing and Urban Development (HUD) has been an invaluable partner in the efforts of the federal government to provide disaster relief to those impacted by storms, flooding, wildfires and other disasters. Long-term aid will remain key for the agency even as the Biden administration is…
Continue reading →HousingWireHousingWire After a year of strong results, sales of newly built homes took a major step back last month. Data released Tuesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD) shows new-home sales in October clocking in at a seasonally adjusted annual rate…
Continue reading →HousingWireHousingWire The Federal Housing Finance Agency (FHFA) has set a new baseline conforming loan limit of $806,500 for one-unit properties in 2025, authorizing Fannie Mae and Freddie Mac to purchase mortgages up to this amount. The new limit reflects a 5.2% increase over the current $766,550 cap for 2024, aligning…
Continue reading →HousingWireHousingWire With just hours to go before Judge Stephen R. Bough holds a final approval hearing for the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , the trade association has fired back at the statement of interest filed Sunday by the Department of Justice (DOJ). In its filing, NAR mentions that the DOJ’s…
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