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The DC Department of Housing and Community Development (DHCD) announced today that it has awarded six District-owned properties in Historic Anacostia in Ward 8 to two experienced, non-profit organizations for the development of family-style affordable housing units
Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors®. The survey additionally found that vacation and investment buyers in 2016 were more likely to take out a mortgage and use their property as a short-term rental
Homesnap, which is the public face of the Broker Public Portal (BPP), has surged past the 500,000 agent mark and is now available to agents and their clients in over 50 large and small markets across the country. Since the BPP became operational at the beginning of 2017, many MLSs have signed up to participate in the portal, accelerating the growth of the platform through the first quarter of the year. Already, agents using the app have invited more than 13 million clients to connect with them in Homesnap.
The Federal Trade Commission staff has submitted a comment to the U.S. Federal Energy Regulatory Commission (FERC). The staff comment responds to FERC’s request for comments on its proposal to improve the rules governing how electricity generation facilities connect to the transmission grid. These reforms are designed to allow wholesale power producers to connect to the transmission grid more quickly and cost-effectively
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a Target anchored strip center located at 177-179 West Army Trail Road in Glendale Heights, Illinois for $3,301,587.
Growing numbers of homebuyers and sellers are looking for energy efficient homes and the Homeselfe®RE app empowers agents with several tools to serve these clients. A survey of brokers and agents released last week by the National Association of REALTORS®(NAR)reveals that nearly 80% feel that Utility Costs are very or somewhat important to homebuyers. Based on its patent pending technology, Homeselfe®RE can easily generate smart home, energy efficiency and solar reports an agent can use in listing presentations and marketing materials.
I would like to thank Minister Calenda and our Italian hosts for their hard work in preparing this Ministerial, and for their hospitality. I was proud to represent the United States today, and I look forward to working with our G-7 partners in the years ahead
Congresswoman Eleanor Holmes Norton (D-DC), a senior member of the Transportation and Infrastructure Committee and its Subcommittee on Aviation, released the following statement calling for a hearing on the violent removal of a passenger from a United Airlines flight
The District of Columbia Housing Finance Agency (DCHFA) issues $55 million (long term tax exempt bonds) in acquisition and construction financing for Guild (1346 4th Street SE) a new apartment building with 39 of its 191 units reserved for residents earning at or below 50 percent of the area median income. The affordable units will be interspersed with the market rate units creating an income diverse community.
The popularity of mobile homes and recreational vehicles will continue to grow as manufacturers offer new design concepts and aging baby boomers look for affordable housing and travel options, according to a new book by the Appraisal Institute.
Construction employment increased by 6,000 jobs in March as a February hiring surge prompted by mild winter weather in much of the country prompted firms to hire fewer people last month, according to an analysis of new government data by the Associated General Contractors of America. Association officials said declining public-sector investments in construction and infrastructure could impact future construction hiring unless the administration and Congress enact a new funding measure
The apartment sector continued its record run, reflected in the National Multifamily Housing Council’s (NMHC) newly released 2017 NMHC 50 – the authoritative ranking of the nation’s largest apartment owners, manager, developers, general contractors, and, new this year, syndicators.
Commercial and multifamily mortgage bankers closed $490.6 billion of loans in 2016, according to the Mortgage Bankers Association's (MBA) 2016 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation released today
Mortgage credit availability increased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool
MBA President & CEO David H. Stevens, CMB made the following statement regarding yesterday's introduction of S.838 and H.R. 1958, the Protecting Americans from Credit Entanglements (PACE) Act.
The National Low Income Housing Coalition (NLIHC) commends U.S. Representative Maxine Waters (D-CA) for introducing the “Ending Homelessness Act of 2017,” a comprehensive plan to ensure the lowest income people and families America have safe, decent, and affordable homes.
Growing consumer interest and demand for greener, more sustainable properties is driving a dialogue between Realtors® and homebuyers and sellers. Over half of Realtors® find that consumers have interest in real estate sustainability issues and practices, according to the National Association of Realtors®’ recent REALTORS® and Sustainability report
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 9005 N Navarro Street in Victoria, Texas for $6,550,000.
Challenges facing real estate appraisers servicing the Veterans Affairs were under Congress’s microscope this week as the National Association of Realtors® and other industry leaders took to Capitol Hill to hail the continued success of the VA Home Loan Guaranty Program.
On September 30, just six months from today, the National Flood Insurance Program will expire. The National Association of Realtors® is working closely(link is external) with federal regulators and members of Congress to strengthen the program(link is external) and clear the way for a private market to take hold; NAR has also issued a series of principles(link is external) to improve access and affordability for consumers.
The Subcommittee on Water, Power and Oceans discussed two bills that would expand hydropower infrastructure and clean energy for communities in Alaska and across the West
The National Low Income Housing Coalition (NLIHC) board of directors unanimously voted onto its board two new members on April 4: National Alliance to End Homelessness (NAEH) President and CEO Nan Roman and Housing Opportunities Commission (HOC) of Montgomery County Director of Legislative and Public Affairs Shauna M. Sorrells. Ms. Roman and Ms. Sorrells each bring to the board decades of leadership in combating homelessness and housing poverty
The Associated General Contractors of America unveiled a new study designed to improve the safety of construction workers as it announced that two-thirds of metro areas added construction jobs during the past 12 months. Association officials said the new safety study is designed to help construction firms prevent workplace fatalities and injuries.
As the housing industry celebrates New Homes Month in April, newly released data from the U.S. Commerce Department confirms the significant contribution that residential construction has on the U.S. economy
This year marks the 49th anniversary of the Fair Housing Act, landmark legislation that became law on April 11, 1968. Today, the U.S. Department of Housing and Urban Development (HUD) kicked off Fair Housing Month 2017 at its national headquarters.
Mortgage applications decreased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 31, 2017.
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of two new construction multi-tenant pad buildings in separate transactions in the Kansas City metro area. The total purchase price for both properties was $5,430,000.
Better Homes and Gardens Real Estate Rand Realty has launched a powerful combination of the latest in agent productivity technology. Agents now have access to the Moxi Engage™ CRM from Moxi Works, which is fully integrated into an advanced automated marketing platform from Imprev, Inc.
Brookfield Residential Debuts New Distinctive Home Designs by KTGY Architecture + Planning at Kissing...
International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s new distinctive home designs targeting the needs of today’s discerning active adults were recently unveiled at Kissing Tree in San Marcos, Texas. Kissing Tree is the first baby boomer, master-planned community, for those 55 and better by Brookfield Residential Properties, and the first of its kind in San Marcos. The 3,200-home community is located on 1,332 acres in Central Texas, halfway between San Antonio and Austin in the heart of the Texas Hill Country
National Low Income Housing Coalition Awards East Bay Housing Organizations and Non-Profit Housing Association...
The National Low Income Housing Coalition (NLIHC) awarded its annual Organizing Award to two organizations, East Bay Housing Organizations (EBHO) and the Non-Profit Housing Association of Northern California (NPH), for their outstanding efforts in support of socially just public policies to ensure affordable and decent housing for low income households. The award was presented on April 3 at NLIHC’s 2017 Housing Policy Forum: Advancing Solutions in a Changing Landscape