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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.
The Nacogdoches City Council voted unanimously on August 4, 2026, to allow manufactured homes on residential lots for the first time in over 20 years, meeting the September 1 deadline set by Texas Senate Bill 785.
Effingham County commissioners have launched Project Zero, a three-year plan to eliminate county property taxes for qualifying homestead properties through two new state-authorized tax tools and voter-approved referendums.
The statewide median sales price climbed 8% year-over-year to reach $475,000 in June, the highest ever recorded, even as inventory grew for the 16th straight month.
Foreclosure auction volume rose 23% year-over-year in Q2 2026 as sellers dropped pricing by 3%, pushing sales rates up 12% and setting the stage for thousands of renovated homes to hit the market in coming months.
Twenty percent of active listings carried a price reduction in July 2026, while pending sales rose for the eighth consecutive month, according to Realtor.com’s latest housing report.
Governor Healey signed sweeping changes to the state’s Zoning Act on July 9, replacing the notoriously strict ‘substantial hardship’ variance test with a flexible ‘practical difficulty’ standard and authorizing residential use variances statewide for the first time.
The 21st Century ROAD to Housing Act became law on July 11, 2026, the first major federal housing legislation in over three decades. The law aims to increase housing supply through zoning reform incentives, higher FHA multifamily loan limits, and new tools for local governments.
The 21st Century ROAD to Housing Act became law on July 11, 2026, marking the first major federal housing legislation in more than three decades—but its impact depends on states, cities, and the housing industry taking action.
Borrowers who purchased homes in 2023 are falling behind on payments at alarming rates, trapped by high mortgage rates, minimal equity, and rising ownership costs that leave them with few escape routes.