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President Trump's mindset on a potential housing crisis "is needed at this time," says affordable home builder Dan Coakley, who offers a three-pronged approach to the issue.
The Trump administration considers declaring a national housing emergency as Lehman Brothers alum Dan Coakley agrees the crisis requires immediate action.The 25-year-plus real estate veteran noted that during his career, median rents have risen 21% while median income has increased only 2% in that same time, and 40% of U.S. households pay more than 30% of their take-home pay on housing costs.The Glendale Lakes community home development under construction in Arcola, Texas, U.S., on Tuesday, July 12, 2022. In an American housing market that for years has been plagued by too little inventory, builders are suddenly finding themselves with a (Getty Images)Additionally, Harvard’s 2025 State of the Nation’s Housing report shows home sales have fallen to a 30-year low, weighed down by high prices, interest rates, rising insurance and taxes and shrinking affordability.
Hundreds of pro and anti-immigration demonstrators previously held rival protests outside the hotel in Falkirk.
Newsletters · Watch Live · 6 hours ago · ShareSave · ShareSave · BBC · The window, above centre, was removed after being smashed in the early hours of Tuesday morning · A brick has been thrown through a window of a hotel housing asylum seekers in Falkirk.A number of protests were held outside hotels housing asylum seekers in Perth and Aberdeenshire as well as Falkirk during August.
The U.S. has two overlapping problems: the housing crisis and despondency in young men.
The University of North Carolina at Chapel Hill is building its first new dorms since 2002 at a cost of $110 million, raising concerns over rising construction expenses.
The annual cost for in-state undergraduate students for the 2025-26 school year is $27,766, according to UNC’s website. It includes the cost of tuition, fees, housing, food, books, supplies, travel loan fees and personal expenses.The last time UNC built dorms on its main campus was back in 2002. That project produced four dorms housing a combined 960 students for about $47 million.Today, 20 years later, UNC will spend more than double the money to house about two-thirds as many students.
NEW Single-Family Home Size: 2Q25 Data Eye on Housing - Fri, 12:55 PM · NEW Q3 GDP Tracking Calculated Risk Blog - Fri, 12:24 PM · NEW Monetary Policy and the Fed’s Framework Review Chair Jerome H. Powell Federal Reserve - Fri, 10:05 AM · NEW Homebuyers have lost thousands of dollars in spending power since 2019here's how much CNBC - Thu, 12:02 PM · NEW Newsletter...
NEW Single-Family Home Size: 2Q25 Data Eye on Housing - Fri, 12:55 PM · NEW Q3 GDP Tracking Calculated Risk Blog - Fri, 12:24 PM · NEW Monetary Policy and the Fed’s Framework Review Chair Jerome H. Powell Federal Reserve - Fri, 10:05 AM · NEW Homebuyers have lost thousands of dollars in spending power since 2019here's how much CNBC - Thu, 12:02 PM · NEW Newsletter: NAR: Existing-Home Sales Increased to 4.01 million SAAR in July; Up 0.8% YoY Calculated Risk Blog - Thu, 10:50 AMNEW June Private Residential Construction Spending Edges Higher Eye on Housing - Tue, 11:39 AM · NEW Manufacturing PMI® at 48.7%; August 2025 ISM® Manufacturing PMI® Report PR Newswire - Tue, 10:13 AMNEW Mixed Mortgage Demand, But Lower Rates Should Help Next Week's Refi Numbers - Housing News - Wed, 3:56 PMThere are some “big-hitters” in the mortgage, finance, and housing world who will tell you that the Trump Administration’s plan to sell shares in Fann...
After 2022, I’ve noticed that housing demand improves when mortgage rates drop below 6.64% and move towards 6%. We observed this trend twice: in late 2022 and around the middle of last year, each time leading to over 12 weeks of positive data before rates increased again.
The report, which was expected to show inflation of 3.3%, came in significantly lower at 2.6%. This led to a slight decrease in bond yields. Still, mortgage pricing has remained at the same 6.29% level as yesterday, according to Mortgage News Daily. However, today I finally have enough evidence to show that housing data really improves once rates get below 6.64% and head toward 6%.Analyzing purchase application data is the quickest way to determine if lower mortgage rates are having an impact.After 2022, I’ve noticed that housing demand improves when mortgage rates drop below 6.64% and move towards 6%. We observed this trend twice: in late 2022 and around the middle of last year, each time leading to over 12 weeks of positive data before rates increased again.Lower mortgage rates are already helping the housing market, which is desperately needed as residential construction labor has been falling for months now.
Orwoll say they believe Return ... offer housing to their members. Tim Griffin, the Arkansas attorney general, opened an investigation into potential legal violations by Return to the Land after reports on the community were published earlier in the summer in The Forward and on Sky News...
Orwoll say they believe Return to the Land meets the requirements for a legal exemption for private associations and religious groups that offer housing to their members. Tim Griffin, the Arkansas attorney general, opened an investigation into potential legal violations by Return to the Land after reports on the community were published earlier in the summer in The Forward and on Sky News.Housing rights experts say a community restricted to white residents is illegal, but the creators believe they could win a potential challenge in court in the current political climate.Now, as the Trump administration rolls back diversity, equity and inclusion policies, cracks down on immigration and offers pardons to white supremacists, some see an opening. In creating their community, the founders of Return to the Land are testing anti-discrimination housing laws that have been in place for 57 years.To date, there have been no legal challenges to Return to the Land. But John Relman, a civil rights lawyer who specializes in fair housing violations, said the group could be sued under not just the 1968 Fair Housing Act but also multiple sections of the U.S.
Housing rights experts say a community restricted to white residents is illegal, but the creators believe they could win a potential challenge in court in the current political climate.
Now, as the Trump administration rolls back diversity, equity and inclusion policies, cracks down on immigration and offers pardons to white supremacists, some see an opening. In creating their community, the founders of Return to the Land are testing anti-discrimination housing laws that have been in place for 57 years.To date, there have been no legal challenges to Return to the Land. But John Relman, a civil rights lawyer who specializes in fair housing violations, said the group could be sued under not just the 1968 Fair Housing Act but also multiple sections of the U.S.Mr. Orwoll recently gave The New York Times a limited tour, allowing entry to the property through a gate that had a lock. He sat on a folding chair in his office, housed in an insulated shed with air-conditioning and fiber internet, two pianos and shelves full of philosophy texts.Mr. Csere designed the structure of Return to the Land. He and Mr. Orwoll believe the structure is legal because a line in the Fair Housing Act allows an exemption for private associations and religious groups to give preference to their own members when offering housing.
PMG Affordable principal and Lehman Brothers alum Dan Coakley speaks to Fox News Digital about why now is the time for the White House to declare a national housing emergency.
The White House did not respond to Fox News Digital’s request for comment."Developers, generally, especially affordable housing developers, are not political. A lot of us, while we're business people, we also have a heart for this," he said. "We're people that will work with anyone, regardless of political party, and just welcome the Trump administration really owning this issue and elevating it. I'm very hopeful of the impact that this could have." ... Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you."I think for sure we're in a national housing emergency. I think we've been here for some time," Dan Coakley, Property Markets Group Affordable principal, told Fox News Digital.President Trump's mindset on a potential housing crisis "is needed at this time," says affordable home builder Dan Coakley, who offers a three-pronged approach to the issue.
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Mortgage origination and market news, analysis and resources for mortgage loan originators. Sent Monday through Thursday. ... The freshest insights, game-changing trends, and winning strategies for real estate pros. ... Each week HousingWire analyzes and contextualizes housing market and industry data – and delivers it straight to your inbox.Newsletter sent on Wednesday. ... The full picture of housing news, trends, and analytical data. Newsletters sent each business day.Vetted by HousingWire editors independently review the products we recommend and advice we provide. Our newsletter may contain affiliate links. You may unsubscribe at any time.
Census data shows 15 million excess housing units exist, contradicting claims of a housing shortage that activists use to justify eliminating local zoning laws.
Trump administration veterans explain how housing activists weaponize shortage claims to force high-density development and demographic changes in suburbs.A well-functioning housing market has a natural vacancy rate. Just as labor markets need unemployment for efficient job matching, housing markets need vacancies for buyer-seller alignment, renovations and seasonal use.First, they claim construction has fallen behind historical trends, from 1.5 million units annually in 1968-2000 to 1.23 million since 2001, creating a cumulative deficit. Second, they argue for massive pent-up demand, claiming millions of people would form separate households if housing were cheaper, using statistical models to estimate 3-5 million "missing" households.Like Birkin bags, the real problem isn’t supply, it’s that people want exclusive neighborhoods, and no amount of construction changes that reality. What’s really going on here is that activists are manufacturing a housing crisis in order to impose a DEI regime on where people choose to live.
Home prices and insurance costs keep climbing, and one key Republican says President Donald Trump’s rumored emergency housing order could speed relief.
House Main Street Caucus Chair Mike Flood says President Donald Trump declaring a housing emergency would be a "game-changer," as affordability issues soar nationwide.House Main Street Caucus Chair Mike Flood, R-Neb., who also chairs the Housing and Insurance Subcommittee on the House Financial Services Committee, told Fox News Digital that he is hoping Trump ultimately follows through on declaring an emergency on housing affordability.President Donald Trump speaks to reporters as he leaves the White House in Washington on Sept.Housing and Urban Development (HUD) Secretary Scott Turner told FOX Business on Tuesday that talks were ongoing on the issue but declined to make any firm declarations ahead of Trump.
Find the latest multifamily housing news, market reports, interviews, rankings and analyses.
The project will also include a mix of housing types.
"We're trying to figure out what we can do, and we don't want..."
Dr. Housing BubbleTreasury Secretary Scott Bessent told the Washington Examiner on Labor Day that the Trump administration may declare a national housing emergency in the coming months to address the affordability crisis.A toxic combination of elevated mortgage rates and record-high home prices has sparked one of the worst housing affordability crises in a generation, sidelining many working-class folks from homeownership.The treasury secretary did not elaborate on specific actions Trump could take, but he did mention officials within the administration are analyzing ways to standardize local building and zoning codes and decrease closing costs. He added that the possibility of considering some tariff exemptions for housing materials will be considered.
Demographic shifts and construction surges are likely to resolve the housing crisis without federal intervention.
Homes under construction at a new housing development in Henderson, Nevada.The national housing shortage appears to be on its way out even as the issue heats up in Washington policy and media circles.Over the next five years, estimates show that demographic shifts and a surge in construction will supply enough units to bring down prices and resolve the housing crisis.
Cape Cod, Massachusetts, is a well-to-do vacation destination. Since it has an affordable housing crisis, it's considering taxing the rich via real estate.
Cape Cod may be a hotspot for wealthy vacationers, but year-round residents are being squeezed out. Now, the Barnstable County Assembly of Delegates wants to fix the area's affordable housing crisis via a new tax on the rich.The assembly is considering a 2% real estate transfer fee on luxury home sales exceeding $2 million. The idea is that the tax would create revenue — an estimated $56 million per year — that could go towards affordable, year-round housing in an effort to correct the area's affordable housing crisis.Barnstable County, where Cape Cod is located, is generally a well-off region. But statistics show a significant wealth gap. The median household income is $89,893, according to the US Census, only slightly higher than the national median of $77,719.The tax, which so far as a strong well of support from business leaders, county officials, housing advocates, and the Cape Cod Chamber of Commerce, is seen as a way to revive the county's dwindling middle class.
Housing industry news, home building and construction, and housing market coverage.
Trump housing regulator Pulte says Fed’s Cook should resign or be fired over mortgage fraud claims
IGN interviewed Game Director Ion Hazzikostas and Executive Producer & Vice President Holly Longdale, talking about details on the Midnight story, player housing decor, Prey system and more.
The price of homes and low inventory has put homebuyers on the sidelines. As a result of this high demand, more build-to-rent communities are being constructed in the Houston area to offer an alternative. FOX 26's Heather Sullivan joins the senior managing director of the Tricon Peek Road community ...
The price of homes and low inventory has put homebuyers on the sidelines. As a result of this high demand, more build-to-rent communities are being constructed in the Houston area to offer an alternative. FOX 26's Heather Sullivan joins the senior managing director of the Tricon Peek Road community to hear more about the benefits.Families are moving into the first "co-housing" development in Texas and construction is almost finished on the property in Houston's East End. FOX 26 Consumer Reporter Heather Sullivan has a look inside at the development that will save families money.With household debt soaring nationwide, residents are paying off a ton of it in these cities.How much of your paycheck would have to go to buying house? Here's what homeowners need to know.
Newsletters · Subscribe Now · ... · Share This · Facebook · Twitter · Bluesky · WhatsApp · SMS · Email · Proposed market-rate housing project in Wheatfield seeks tax breaks ·...
Newsletters · Subscribe Now · Contact Us · Deliver Us · Help Center · Gift Subscriptions · Mobile Apps · Weather: Live Radar · Facebook · Twitter · Bluesky · YouTube · Subscribe · Read Today's E-edition · Share This · Facebook · Twitter · Bluesky · WhatsApp · SMS · Email · Proposed market-rate housing project in Wheatfield seeks tax breaks ·The project will create two full-time jobs, paying about $50,000 each. But the NCIDA notes in a summary document that support is justified because the project helps create regional wealth, supports local businesses and increases available housing.But the NCIDA summary documents describe it as "workforce housing available to the Town of Wheatfield and surrounding areas," even though there is no mention of the units being priced at 80% or less of the area median income, which is a common measure for workforce housing.Get the latest local business news delivered FREE to your inbox weekly.
