The nation is 4.7 million homes short and Congress just responded with the biggest housing bill in 36 years.
The House voted 358 to 32. Senate passed 85 to 5. Both chambers showed overwhelming bipartisan support this week. But Trump canceled the signing event and called it minor importance. He's demanding Congress pass a voting bill first before he'll sign.
Here's what's in it for the Valley. Corporate investors would be capped at owning 350 single family homes. Manufactured housing gets cheaper with new rules. A pilot program opens up mortgages under $100,000. The market is short 310,000 homes priced at $261,000 or less and this bill directly targets that gap.
Whether it gets signed or not, this could reshape inventory and affordability across Phoenix. I'm tracking every update and what it means for buyers and sellers right here.
DM me directly and I'll break down how this impacts your specific situation.
