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After hitting a record $436,000 in June, Maine’s median home price slipped to $425,000 in July as the state’s housing inventory climbed to its highest level in nearly six years—creating new opportunities for buyers who’ve faced years of bidding wars and slim pickings.
Governor Josh Stein signed the Regulatory Reform Act of 2026 on August 11, requiring larger North Carolina cities to allow accessory dwelling units on single-family lots starting in 2027.
U.S. existing home sales declined in July to 4.06 million as the median price hit $434,100 and mortgage rates climbed to their highest level in over a year, making affordability a mounting challenge.
The Consumer Financial Protection Bureau received over 300 responses to its request for information on potential changes to TRID mortgage disclosure rules, with lenders, banks, and industry groups offering detailed feedback on timing requirements, fee tolerances, and compliance burdens.
Georgia homeowners paid 7.3% more for insurance in 2025 than the year before, driven by Hurricane Helene losses and rising construction costs, with premiums now up nearly 47% since 2020.
The Labor Department reported Friday that US employers unexpectedly cut 23,000 jobs in July, the first monthly decline since last October, while mortgage rates climbed to 6.69%—the highest level in over a year.
A Florida judge ruled this week that Amendment 3’s ballot language is misleading and must be rewritten, specifically citing its failure to warn renters they could face higher costs while receiving no tax relief.
The 21st Century ROAD to Housing Act, which became law last month, allows cities to use up to 20% of Community Development Block Grant funds for new affordable housing construction—a use previously prohibited for the 50-year-old program.
The Trump administration sent a new letter this week giving Fed Governor Lisa Cook 21 days to respond to unproven mortgage fraud allegations, two months after the Supreme Court blocked her immediate removal.
Federal Reserve Governor Lisa Cook said yesterday she’s prepared to raise interest rates if inflation doesn’t cool, adding pressure for a September hike that would push mortgage costs even higher.