NEWSNATIONNOW (Sarah Davis and The Hill) - Home sales drop to lowest level since June 2025
August marks the third consecutive month of declining home sales in the U.S.
August marks the third consecutive month of declining home sales in the U.S.
Despite the increased supply, home prices continued to rise. The median price of a home sold in August was $429,100, up 1.6% from August 2025.
Some say the pendulum has swung too far since the 2008 housing crisis. Others warn that looser standards for who qualifies for a mortgage once led to disaster.
Higher costs for home loans have put a squeeze on the housing market, adding pressure to consumers already struggling with elevated inflation.
HUD and the Justice Department jointly scrapped a 2013 Obama-era policy that exposed homebuilders to indefinite legal liability over accessibility flaws, a mandate officials say added hundreds of millions in costs and choked off affordable housing. HUD Secretary Scott Turner and Assistant Secretary for Fair Housing and Equal Opportunity Craig Trainor moved to replace the […] The post Trump administration rescinds Obama-era housing mandate blamed for driving up building costs appeared first on American Almanac .
HUD and the Justice Department jointly scrapped a 2013 Obama-era policy that exposed homebuilders to indefinite legal liability over accessibility flaws, a mandate officials say added hundreds of millions in costs and choked off affordable housing. HUD Secretary Scott Turner and Assistant Secretary for Fair Housing and Equal Opportunity Craig Trainor moved to replace the old enforcement framework with strict filing deadlines that mirror what Congress actually wrote into the Fair Housing Act more than three decades ago. Under the new guidance, individuals and advocacy groups now face a one-year window to file administrative complaints with HUD, starting from the date a building receives its certificate of occupancy. Private federal…Open
National Association of Home Builders President and CEO Jim Tobin discusses the historically rough housing market on 'Maria Bartiromo's Wall Street.' #fox #media #breakingnews #us #usa #new #news #breaking #foxnews #mariabartiromoswallstreet #housing #homes #homebuyers #builders #affordability #economy #realestate #sales #market #construction #mortgage #prices #finance #business #jimtobin
‘Housing, childcare, and groceries have all gotten so expensive that starting a family now looks like a financial risk’
First off, I don’t really know a lot about the guy who tossed out this asinine opinion.
Could it be what he really believes? Rage bait for X? It’s hard to say. In any case, I’ve seen the same thing said by enough economically illiterate people/socialists (but, I repeat myself) that it’s worth addressing: So, in order to answer the question properly, we should start by noting that working at McDonald’s is an entry-level job. It’s generally thought of as a place for high school students and people with minimal experience to learn the basics of work. This seems to fit fairly well with their workforce since, per an article about fast food workers in general (not just McDonald’s), about 30% of fast-food employees are teens and another 30.7% are 20-24. Although by some estimates, as few as 1-5% of McDonald’s workers…Open
Barger speaks bluntly about the quality of the state's insurance commissioner. 'When you politicize an office like this,' she says, 'this is what you get.'
House Minority Leader Hakeem Jeffries ' long-standing tensions with his party's left flank resurfaced this week after news broke of his meeting with President Trump's son-in-law Jared Kushner. Why it matters: Jeffries will have to make nice with the left next year if Democrats win back the House with only a narrow majority. Blowups like this are not helping. - The Democratic leader defended the meeting in a video posted to social media on Monday, saying that Kushner "asked for a meeting, and I took it, to discuss the affordability crisis." - Jeffries (D-N.Y.) suggested Kushner, whose dealings with Saudi Arabia have drawn scrutiny from Democratic congressional investigators, remains a top oversight target. - "No one is going to get a…