The Trump administration is considering declaring a national housing emergency as affordability reaches a 40-year low, with nearly half of renters facing cost burden. Treasury Secretary Scott Bessent says the White House is exploring ways to lower closing costs and push for uniform building and zoning codes, while a Senate bill also seeks to boost supply through zoning reforms. The National Association of Realtors is backing bold action, warning the nation is short nearly 5 million homes. Trump campaigned on cutting regulations and bringing mortgage rates down, but so far rates remain above 6.5 percent.

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➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.html?px=eFNYOWhnTE4wZFE&rsp=3315.PODCASTS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.