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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….

Trump’s executive orders and the policies that could affect 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 the answer started to take shape on the president’s first day in office Monday. The theme of Trump’s inaugural address was focused on making America great again, but…

Risks and opportunities for real estate in Trump’s second term

Voters delivered a Republican trifecta in Washington, D.C., but a razor-thin House majority and the Senate filibuster will put some limits on what is legislatively possible for President Donald Trump and the GOP Congress. The President and financial regulators will have a greater ability to deregulate, though recent Supreme Court decisions could rein in those…