Southern states had the highest mortgage denial rates in 2023: NAR

Prospective buyers face numerous obstacles on their journey to homeownership, with access to credit often serving as a major hurdle.Mortgage denial rates vary significantly across the U.S., with some states seeing far higher rejection rates than others, according to a new report from the National As

Bessent floats adding GSEs to sovereign wealth fund

As the second Trump administration contemplates the potential establishment of a sovereign wealth fund (SWF) — a state-owned investment fund that typically invests in real and financial assets like stocks, bonds, real estate or alternative investments — the Treasury secretary is reportedly contempla

Trump softens stance on reciprocal tariffs, but threat to homebuilders remains

President Donald Trump appears to be softening his stance on his most dramatic tariff proposal, but it’s not much relief to homebuilders.According to reports from The Wall Street Journal and Bloomberg, the administration is considering a scaled-back version of its so-called reciprocal tariffs, which

Weekly pending home sales finally exceed 2024

After a very disappointing first quarter with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging in March that we’ve turned the corner to have some growth.This week’s pending home sales count came in at just under 69,000 single-family homes, which was 2.3% grea