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Lower Rates Support Home Purchase Activity U.S. mortgage demand was essentially unchanged last week, but purchase applications continued to outperform last year's pace as modestly lower borrowing costs and improving housing supply encouraged more prospective buyers to enter the market. The Mortgage Bankers Association reported that its seasonally adjusted Market Composite Index--a broad measure of...

This time last year, California Gov. Gavin Newsom signed a state budget that included sweeping housing reforms that allowed urban residential developers to avoid rigorous environmental reviews. This year’s budget, which Newsom signed on Monday, does not carry the same historic housing reforms as last year. Instead, it is historic for balancing the budget. “For the next two years, California will...

As homebuilders grapple with questions of scale, access to capital and long-term competitiveness, many of their largest suppliers appear to be navigating similar strategic pressures. Carlisle Companies‘ unsolicited pursuit of Owens Corning, reported Monday by the Wall Street Journal, suggests that the forces reshaping homebuilding boardrooms are also beginning to reshape the building-products...

President Donald Trump on Monday characterized the 21st Century ROAD to Housing Act as “a yawn,” following an abrupt cancellation of a signing ceremony for the legislation last week. The comments came as Trump reinforced prioritization of the Safeguard American Voter Eligibility (SAVE) Act as his top domestic priority. “It’s so unimportant compared to the SAVE America Act,” Trump told...

In my last HousingWire column, I focused on reviewing AI-generated listing remarks before they reach the MLS. That was about what AI says about a property. This follow-up is about the line between effective marketing and misrepresentation. A listing video may show a drone-style approach, a smooth walkthrough, or a perfectly furnished interior. But what if the drone never flew, the camera never moved, or...

As we approach Jobs Thursday, certain Federal Reserve members have still not changed their tune about rate hikes, even with oil prices back down to $70 today. Why haven’t mortgage rates dropped along with oil prices? Because Fed policy has shifted, and some Fed members want more rate hikes. Today, I will use Cleveland Fed President Beth Hammack as an example, looking at her remarks on CNBC. ...

When the homeowner purchased this century-old bungalow in a charming enclave outside Seattle, she knew a down-to-the-studs restoration was in its future. To breathe new life into the home, she hired contractor Victor Ruzhin of Rucon Build and a talented interior designer to undertake a whole-house...

This fairy-tale phase of a home remodel is the tail end of any major project. The Honeymoon has come and gone....

A steady cash flow is one of the most important parts of running a business, but it can be tricky to manage. Here, three home design and construction professionals on Houzz share the tips and tricks they use regularly to maintain a healthy flow of cash in their...

Image Deloitte's latest commercial real estate outlook points to stronger capital markets, continued demand for high-quality assets, and growing use of strategic...