House passes bill to ease banking regulations

The U.S. House of Representatives on Tuesday passed legislation that would make a series of changes to federal banking regulations, including easing certain capital, supervisory and merger requirements for community banks and other smaller financial institutions. The bill is sponsored by House Commi
Read MoreNAR Q2 strategic plan update targets MLS rules, lawsuits, training

The National Association of Realtors (NAR) released its second-quarter update on the 2026-2028 strategic plan on Wednesday outlining progress on lobbying, legal strategy, MLS guidance, technology and education designed to protect member businesses and reinforce the value of membership. NAR CEO Nykia
Read MoreMichigan’s Whitmer steps up, signs single-stair reform into law

Gov. Gretchen Whitmer took a big step toward clearing the path for developers to build smaller apartment buildings more affordably. Whitmer signed Michigan’s single-stair legislation into law this week, a green light for developers to build multifamily housing up to six stories more economically, wi
Read MoreHousing Market Spotlight: Lower-priced metros show greater resilience as demand softens

Transaction activity slowed across much of the housing market as mortgage rates remained elevated, but metros where homes remain within reach of buyers continued outperforming higher-priced markets. Mortgage rates remained above 6.64% for most of the week, creating another headwind for housing deman
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