Home sales are stalled with 7% mortgages

New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Those sales gains have evaporated and even reversed. Buyer activi

Trump issues executive order: Emergency price relief on housing

Latest update: Jan. 20 at 9:15 pm central time: added specific information about emergency price relief for housing.What are President Trump’s priorities for housing in his second term? That’s the burning question for professionals in real estate, mortgage, title, appraisal and homebuilding — and th

Treasury outlines rising cost of homeowners insurance

A comprehensive report on homeowners insurance released by the Treasury Department this week outlined the cost of climate challenges on homeowners. Notably, the report found that homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with t