The president announced the signing ceremony was off as he fumed about the Senate not passing a separate bill to impose new rules on elections.
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The measure would bar institutional investors from buying more than 350 single-family homes.
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As costs continue to rise at an uncomfortable rate, even well-off households are struggling to maintain their basic lifestyles. Have we normalized overconsumption?
White House economists say regulatory cuts could lead to more construction to stabilize prices, increase home ownership and fuel faster economic growth.
While rates are still down from a year ago, their recent upward trend has already led to a slowdown in mortgage applications.
Streets to Home Indy, a public-private partnership, said Elevance Health’s donation will help sustain housing efforts through rental assistance, case management and implementation support.
It was intended to bring manufacturing jobs back to the United States, but the law has spurred a bottleneck for affordable housing.
Home Depot and other retailers have seen customers cut back on their spending amid concerns about inflation and economic uncertainty.
Supporters frame as compassionate approach, while opponents say lack of resources could lead to jail time and fines.
Nationwide, according to real estate analytics company Attom, 367,460 properties saw foreclosure filings in 2025, representing 0.26% of all U.S. housing units. That’s a 14% increase from 2024.
Economists generally expect mortgage rates to ease further this year, though most recent forecasts show the average rate on a 30-year mortgage remaining above 6%, about twice what it was six years ago.
The housing market recently crossed a noteworthy line: There are now more Americans with mortgage rates higher than 6% than below 3%.
From utility rates to tenderloin sandwiches, here are some bills IBJ is following this legislative session.
The average 30-year fixed rate mortgage was about 6.2% on Thursday, down from nearly 7% when President Donald Trump took office.
Many economists from the right and the left alike say larger investors do not have as expansive a grip on the housing market as politicians might suggest.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, rose this week.
The project site also features a Merchants Bank of Indiana corporate headquarters expansion and a six-story apartment building that is nearing completion.
Developers told members of the Noblesville City Council that Courtyards of Deer Creek would not be age-restricted, but it would be targeted toward people ages 55 and over.
The nonprofit 91 Place—which purchased Neidhammer Coffee Co. in 2023—is also seeking support to continue offering places to stay for young adults affected by homelessness, trafficking and violence.
About 11 acres on the southeast corner of the 176-acre Heritage Station project site are in Zionsville, which has already signed off on that part of the project.
We have everything it takes to make Indianapolis the most attractive place to build homes in the Midwest.
The Federal Trade Commission argues said the companies’ “unlawful scheme” maybe reduce incentives for further competition, and could lead to higher prices and fewer choices for multifamily rental advertising customers.
