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Trump Fires Fannie Mae Staff, Over 100 Terminated
In a sweeping move aimed at restoring integrity in the U.S. housing system, President Donald Trump’s administration has fired over 100 employees at Fannie Mae for engaging in unethical conduct and facilitating mortgage fraud, according ... more
Upstate New York has rural housing affordability crisis
A new affordable housing development is coming to Lake Placid, an area facing a workforce housing crisis. Fawn Valley, with six homes and 16 town homes, comes at a time when much of the area's ... more
Where are home sellers dropping prices?
Nationwide, home sellers are dropping their prices to attract buyers. Some cities have seen a 33% price reduction. Tax free weekends: Here’s which 17 states are offering tax free weekends Where are prices dropping? Mortgage ... more
Housing market: Don’t skip the home inspection when selling a home
The housing market is currently the most competitive it's been in years, meaning sellers may be cutting corners to get the process done fast. One way they're choosing to do this is by skipping the ... more
Housing: Rising mortgage rates will worsen market, home buyers feeling stress
The housing market is complex and more foreclosures are on the way. Interest rates on home mortgages have spiked and inflation is on the rise. Builders are having a difficult time finding supplies and demand ... more
Housing: Is a ‘perfect storm’ brewing or is inventory returning to pre-pandemic levels?
The housing market is facing a perfect storm that could prompt an overall economic downturn in the U.S. National Association of Home Builders CEO Jerry Howard issued a stark warning on Friday saying the housing ... more
Housing: What happens now that home sales are sinking?
Housing markets across the U.S. typically gain momentum during the spring months. However, four straight months of decline in 'pending sales' has many economists worried. Is the housing bubble about to burst? Is affordable housing ... more
