How the government shutdown is impacting real estate
Housing data, mortgage rates, federally-backed home loans, flood insurance and the Washington, DC, housing market are all already starting to feel the impacts
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Opinion
Real estate embodies the American dream, and as a profession is filled with people fighting for their communities and their clients
by Jim Dalrymple II Oct 8
pending home sales data
Homebuyers cancelled 15.5% of home-purchase agreements in August — the highest level since 2017. The primary reason was an inability to work through inspection issues, Redfin said
by Marian McPherson Oct 7
Fannie, Freddie close NY offices as Trump battles Letitia James
The Trump administration is using its tight control over the mortgage giants to continue a vendetta against New York attorney general and other political opponents, critics say
by Matt Carter Oct 6
Trump's Fannie, Freddie public offering might not have much impact on mortgage rates
If the US maintains tight control over the mortgage giants with 'implicit guarantee' of their obligations, rates might rise by 1/5 of a percentage point, Stanford researchers say
by Matt Carter Oct 3
Government shutdown could bring mortgage rates down
Investors seeking safety in bonds and mortgage-backed securities can bring rates down. Yields on 10-year Treasurys fell 4 basis points on first day of shutdown
by Matt Carter Oct 1
Federal Reserve Governor Lisa Cook speaks with Fed Chair Jerome Powell at a June 25, 2025 open meeting at the Federal Reserve Board building in Washington, D.C.
The legal battle over the Fed's independence will drag into next year, with the Supreme Court to hear oral arguments in January on the Trump administration's bid to fire Cook
by Matt Carter Oct 1
Price growth continues to slow, but economists say that may be good news for the market
Nationally, prices grew at the slowest level since 2023, according to the S&P Cotality Case-Shiller July Index. Although that hurts homeowners now, economists said it hints at a healthier market
by Marian McPherson Sep 30
Is the mortgage lock-in effect ending? These numbers offer clues
The share of mortgaged homeowners with rates of at least 6 percent has risen to nearly 20 percent, Redfin said, signaling the potential end of a years-long 'lock-in effect'
by Marian McPherson Sep 29
Pending home sales jumped 4% in August in positive market signal
NAR Chief Economist Lawrence Yun said lower mortgage rates were bringing buyers to market. Bright MLS Chief Economist Dr. Lisa Sturtevant said hopes for a fall rebound should stay tempered
by Lillian Dickerson Sep 29
Hopeful but wary, agents report slippage in listing pipelines: Intel
A renewed interest from homebuyer clients has been offset by lost ground with sellers, agents across the country tell Intel. It's testing their newfound hope for the year ahead
by Daniel Houston Sep 29
cityscape
In case you were head down in the Compass merger news last week, we've put together a roundup of the market stats and how-tos you may have missed
by Christy Murdock Sep 29
Democrats seek transparency into Fannie, Freddie 'reprivatization'
The Trump administration has assured industry groups that a stable housing finance system and low mortgage rates are a 'North Star' in their plans, but Dems complain they've been shut out
by Matt Carter Sep 26
Is fall the new spring? Market winds may be shifting, NAR says
Increased homebuying affordability, more inventory and fewer competing buyers may lead to a prime week for homebuyers in October, leading to conditions like a '2nd spring market'
by Lillian Dickerson Sep 26
How a government shutdown would affect real estate agents
The National Flood Insurance Program is set to lapse on Sept. 30, and federal agencies critical to processing mortgage paperwork like HUD, FHA, VA, USDA and the IRS face staff reductions
by Matt Carter Sep 25