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Trump Urges Homebuilders To Boost Construction and Stop ‘Sitting on Empty Lots’

Oct 20, 2025

President Donald Trump has called on homebuilders to boost construction of new homes and bring prices down, suggesting that some large builders are limiting production to keep home prices elevated. In a post on his Truth Social site on Sunday night, Trump compared...

Government Shutdown Disrupts Housing Data—but Relief Is in Sight as Mortgage Rates Hold Steady

Oct 20, 2025

The federal government shutdown stretched past the one-week mark, interrupting data releases and likely delaying some home closings. Mortgage lenders have received guidance from Fannie and Freddie on adaptations they can make to minimize disruption, which will help....

Homebuyer Sentiment Remains Muted as Most Say It’s Still a Bad Time to Buy

Oct 20, 2025

Homebuyer sentiment remained subdued in September despite a drop in mortgage rates, with nearly three-quarters of consumers saying it’s a bad time to buy a house. Overall consumer sentiment toward housing as measured by Fannie Mae’s Home Purchase Sentiment...

Bipartisan Bill To Tackle the Housing Crisis Passes the Senate During Government Shutdown

Oct 20, 2025

A bipartisan bill aimed at making housing more affordable has passed the Senate in the middle of the federal government shutdown, in a sign that the urgency of the housing crisis is a rare issue that Democrats and Republicans can agree upon. The Senate passed the ROAD...

Florida Condo Owners Score Legal Victory in Fight Over $35,000 Special Assessment

Oct 20, 2025

A group of condo unit owners in Florida just won a legal victory against their own board in a fight over a whopping special assessment, after a judge ordered the association leadership to hand over all records and control to a new board. The owners and condo board at...

Judge Blocks Federal Layoffs During Shutdown, Including Deep Cuts at HUD’s Fair Housing Office

Oct 20, 2025

A federal judge has temporarily blocked thousands of layoffs of federal workers, including deep cuts in the U.S. Department of Housing and Urban Development office dedicated to investigating discrimination in the housing market. U.S. District Judge Susan Illston on...
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Palm Springs Real Estate c.2025 - Brendan Lenihan, Broker - CA DRE 1912185 - Palm Springs, CA 92262. 760-799-7770
 

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