"In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes. They're sitting on 2 Million empty lots, A RECORD," Trump wrote. He urged Fannie Mae and Freddie Mac to intervene and "get Big Homebuilders going" to "restore the American Dream.""
"Delaware posted a total score of 57.5, placing it slightly above the national midpoint. The state's median listing price of $491,463 is high compared with nearby southern states but remains more affordable than many parts of the Northeast corridor. With a median household income of $76,379, Delaware households are still managing to stay competitive in the market. The Realtor Affordability Score came in at 0.58, suggesting that affordability is tight but not yet out of reach."
Delaware's housing market scored a C+ with a total score of 57.5, positioning the state slightly above the national midpoint. The median listing price is $491,463 while median household income is $76,379, producing a Realtor Affordability Score of 0.58 that indicates tight but manageable affordability. New construction accounted for 0.5% of national new home permits in 2024 despite Delaware representing 0.3% of the U.S. population, reflecting a strong permit-to-population ratio. The new construction premium was 29.6%, showing new homes command significantly higher prices. The market faces supply constraints and pressure from out-of-state migration. President Donald Trump accused major builders of hoarding lots and urged Fannie Mae and Freddie Mac to push increased homebuilding.
Read at SFGATE
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