President Donald Trump on Tuesday announced an executive order that allows the federal government to override state and local regulations during recovery efforts from last year’s Los Angeles wildfires, arguing that California authorities have slowed rebuilding. The order directs federal agencies to bypass state and local permitting processes for federally funded disaster recovery projects, asserting…
"2026" Archives
Archive page
Home price growth continued at a tepid pace in November, according to the S&P Cotality Case-Shiller Index released on Tuesday. The U.S. National Home Price Index came in at a reading of 328.15, representing a 1.4% annual price gain, the same as in October. On a seasonally adjusted monthly basis, the index was up 0.4%. …
The Federal Reserve is set to wrap up what’s expected to be an uneventful two-day meeting on Wednesday. Mortgage rates remain in the low-6% range and aren’t likely to swing one way or the other as policymakers should keep benchmark rates unchanged. Mortgage News Daily reported Monday that 30-year fixed rates averaged 6.17%, down 4…
On Monday, Smith Douglas Homes announced the creation of a new role — Regional President, Southeast. The new position comes as the Georgia-based builder expanded into several new southeastern markets last year and is positioning itself to bolster operations in existing divisions. Scott Bowles will serve as the new Regional President, Southeast. In this role,…