Why we can’t get more housing construction in the US
New home sales tanked this morning and had a slightly lower negative revision. But the bigger story is that demand is the main reason housing construction hasn’t been growing for years, and we simply have too much completed supply for sale for construction growth to ramp up. Let’s remember this less
Trump abruptly delays signing of 21st Century ROAD to Housing Act
President Donald Trump on Wednesday abruptly canceled a planned signing ceremony for a bipartisan housing bill, saying he would withhold action on the measure until Congress passes the SAVE America Act, a sweeping election bill that has become a centerpiece of his second-term agenda. Trump was sched
Fannie and Freddie’s new rules change the playbook for condo buyers, sellers and managers alike
In March of this year, Fannie Mae and Freddie Mac unveiled a major change to condominium lending, financial and insurance standards aimed at improving the way condos are bought, sold and managed. These updated rules change the criteria for prospective condo buyers to obtain conventional financing th
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