AGP Executive Report
Last update: 2 hours agoMortgage Rates: Freddie Mac says the average 30-year fixed rate jumped to 6.55%, the highest in nearly a year, pushing monthly costs higher for homebuyers. Housing Sales & Marketing: TERAMOK says new-construction presales are starting before groundbreaking and video is replacing brochures as the “moment of decision,” a shift that could reshape how developers launch projects in 2026. Local Housing & Homelessness: Grand Traverse County backed a Housing and Homelessness Task Force plan, aiming for a formal implementation push by year-end. Construction & Permits: Roofing permits are surging after hail damage, with cities reporting unusually high volumes of permits and strained staffing. EV Charging Reality Check: A new look at home EV charging warns the “gray box” breaker/panel setup can become the bottleneck for faster charging adoption. Policy & Voting: The SAVE America Act is still snarling Congress and even affecting how lawmakers handle a bipartisan housing bill. Market Watch: U.S. business formation stayed strong, with nearly 3.5M new businesses in the first half of 2026.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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