Forecasts for the housing market in 2025 are not that rosy, but Ryan McKeveny and Brian Hale see this as a good thing for the years ahead. “Big picture 2025, our view is that it will be slightly better than 2024 in terms of originations and sales, but unfortunately it probably won’t feel much better,”…
"March 2025" Archives
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The U.S. Department of Housing and Urban Development (HUD) this week announced the allocation of $2.48 million in new disaster recovery funds, which will be distributed to three states and one city to “assist Americans impacted by recent hurricanes and severe storms,” according to the announcement. The funds are being distributed under the department’s Rapid…
Home sale cancellations in the U.S. surged to their highest level for this time of year, with 14.3% of pending deals falling through in January, according to a new analysis by Redfin. The figure, which represents over 41,000 failed home-purchase agreements, marks an increase from 13.4% a year earlier and is the highest rate recorded…
In one of his first official appearances as the new secretary of the U.S. Department of Housing and Urban Development (HUD), Scott Turner spoke at the 2025 International Builders’ Show in Las Vegas and addressed the National Association of Home Builders‘ (NAHB) Leadership Council on the need to bolster the nation’s housing supply. Key to…