Sometimes missing from the affordable housing table, the National Association of Realtors now promises to be absent no more.At its annual convention in New Orleans, the NAR officially launched a Housing Opportunities program that outgoing president Martin Edwards called "a big deal for this organization." Mr. Edwards said few others can bring as much to the affordable housing arena as realty professionals. "It's an area where the Realtor can be extremely effective," he said. "They understand housing and they are local. They are community-based entrepreneurs who make their livings at the corner of 4th and Main." The ambitious program is aimed at equipping the real estate community and others interested in advancing the cause with tools to research successful programs, communicate ideas, and train themselves and others. Another aspect of the effort will be to build national, state, and local coalitions that promote affordable housing at all levels.
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Over one-third of the Wolters Kluwer survey participants believe the next Fed move will be to boost short-term rates, but most expect one cut next year.
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The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.
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The new Mortgage Bankers Association research adds to debate over whether Fannie Mae and Freddie Mac should allow a less costly alternative to the tri-merge.
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Wide regional variances appeared in housing-start activity in 2025, when the traditional leading builder markets all saw numbers decline by as much as 15%.
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The bill, which passed with wide bipartisan support, will become law at midnight if President Donald Trump doesn't veto it.
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Total application volume fell by over 13.000 units on a month-to-month basis, with declines in purchase and refinance activity, Keefe, Bruyette & Woods said.
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