Key insight: A bill offered by Sens. Catherine Cortez Masto, D-Nev., and Todd Young, R-Ind., would allow Federal Home Loan bank members to set up tax-exempt bonds for community development projects, much the same way they already do for housing projects. Expert quote: “For too long, communities across the country have had a hard time […]
Exclusive: Lawmakers introduce bipartisan FHLB bond bill Read More »
Key insight: President Donald Trump urged Congress to pass legislation restricting institutional investors purchasing single family homes, following up on his executive order that the legislature would need to codify. What’s at stake: Banks generally favor rhetoric that promotes housing availability and funding, since it helps produce more mortgages, but the institutional investor rhetoric is
Trump talks housing, affordability at State of the Union Read More »
Key insight: The House is poised to pass a housing affordability package with wide bipartisan margins. What’s at stake: The House bill contains a number of community bank provisions that are absent from the Senate version of the bill. Forward look: Warren’s opposition to those riders will make passage in the upper chamber more challenging,
Housing bill passes House with community bank riders Read More »
Key insight: President Donald Trump said he would ban institutional investment in single-family homes, and called on Congress to codify the changes. What’s at stake: Banks are often financiers of institutional investments in single-family housing stock. Forward look: The White House doesn’t have unilateral power to ban institutional investors from purchasing single family homes, but
Trump backs ban on institutional buyers in housing market Read More »
Key insight: The NDAA is one of Congress’ few must-pass measures, and has always attracted a raft of financial and other policy-realm riders. What’s at stake: The housing package would cut red tape for housing construction and let state and local governments use government funds to promote housing supply. Forward look: House banking committee Chairman
Housing falls out of must-pass defense spending package Read More »
It’s homebuilders’ last push, and their business and channel partners operate through friction on every front. Scarce, costly capital Slow approvals and entitlement drag Workforce constraints and generational handoffs Climate-driven costs and insurance uncertainty Buyer fear, hesitation, and confusion Margin compression stretching every variable An epic underbuild of new homes to the tune of somewhere
Why it’s too easy to say ‘no’ to new-home development in America Read More »
Connecticut will officially join other states in rolling back decades-old zoning limits to make ground-up homebuilding easier and more plentiful. Last Wednesday morning, Gov. Ned Lamont signed compromise legislation created during a special session in mid-November, months after he vetoed the original bill as the state addresses an estimated 100,000-unit housing shortage. According to sister-title
Connecticut rolls back zoning limits to target housing shortage Read More »
UMH CEO Sam Landy should be thanked for sharing via HousingWire his recent op-ed which weaves together what is arguably a subtle call for the Manufactured Housing Institute (MHI) to do what the Manufactured Housing Association for Regulatory Reform (MHARR) called for amendments to the ROAD to Housing Act 2025. Consider carefully what Landy did
Bloomberg News Key Insight: Federal Reserve Chair Jerome Powell reflected on the Fed’s aggressive asset purchases during the pandemic, noting that it may have been an overreaction. Expert quote: “With the clarity of hindsight, we could have — and perhaps should have — stopped asset purchases sooner,” said Fed Chair Powell. What’s at stake: The
Powell acknowledges Fed could have ended Covid-era QE sooner Read More »
Texas home sellers are facing a slower fall market as listings spend longer on the market and inventory rises across the state. More than 137,000 single-family homes are now active statewide, equal to about 3.7 months of supply. Prices and inventory The median list price in Texas is $377,558, with new listings entering slightly lower
Texas housing inventory grows as sellers trim prices Read More »