Archives
FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
Existing-Home Sales Drop 1.3% in January
Existing-home sales declined in January, continuing a fluctuating pattern of monthly increases and declines, according to the National Association of Realtors®. Significant declines in the West region dragged down nationwide numbers
NAR Echoes White House Calls for Local Solutions to Address Housing Affordability Crisis
National Association of Realtors® President Vince Malta issued the following statement after the White House Council of Economic Advisers issued a report warning America’s GDP growth is threatened by housing affordability constraints
Second Century Ventures Continues Global Expansion of REACH Accelerator
Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced Monday plans to expand the REACH Accelerator program to Canada.
Minority Homeownership Rates Continue to Lag Behind the National Average, NAR Finds
The United States homeownership rate has recently seen a rebound to 65.1% in the fourth quarter of 2019 from a low of 62.9% in the second quarter of 2016. While the increase in the overall homeownership rate is encouraging
Michael P. Flood Named Senior Vice President of Commercial/Multifamily Policy and Member Engagement
The Mortgage Bankers Association (MBA) announced today that Michael P. Flood has been named Senior Vice President of Commercial/Multifamily Policy and Member Engagement.
MERCY HOUSING NAMES ISMAEL GUERRERO AS NEW PRESIDENT AND CEO
Mercy Housing, Inc., the nation’s largest affordable housing nonprofit headquartered in Denver, has named Ismael Guerrero as its new President and CEO. He will officially assume his role on July 1, 2020, and will lead the organization in its mission
January New Home Purchase Mortgage Applications Increased 35.3 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2020 shows mortgage applications for new home purchases increased 35.3 percent compared from a year ago.
Housing Production Shows Solid Start to 2020
Total housing starts decreased 3.6 percent in January from an upwardly revised December reading to a seasonally adjusted annual rate of 1.57 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department
Sirjames Buchanon named Chief Community Officer of Operation HOPE
Operation HOPE today announced the appointment of Sirjames Buchanon as Chief Community Officer, effective immediately. Buchanon has served as Confidential Assistant to Operation HOPE Founder, Chairman, and Chief Executive Officer John Hope Bryant, for the past seven years.
Civil Rights Groups Lead Growing Opposition to Trump Administration Attack on Fair Housing
More than 13,000 people have submitted comments to the Department of Housing and Urban Development (HUD) in response to a new rule that would effectively eliminate a core civil rights tool under the Fair Housing Act.
CHA’s Dearborn Homes receives $2.8 million grant that supports work readiness
The Chicago Housing Authority has received a $2.8 million grant from the U.S. Department of Housing and Urban Development (HUD) Friday for the JobsPlus program
Pharmaceutical Cases, Intersection of IP and Bankruptcy, SBRA, Real Estate Cases and More to...
The American Bankruptcy Institute's (ABI) 2020 Annual Spring Meeting returns to the JW Marriott in Washington, D.C., April 23-25. ABI’s largest annual conference features timely concurrent
NAR Announces New Cyber Liability Insurance Program for Realtors®
The National Association of Realtors® this morning announced a partnership with CyberPolicy® to deliver a new cyber liability insurance program designed to meet the unique needs of real estate professionals
Los Angeles Takes Top Spot as Nations Least Affordable Housing Market
San Francisco, which has been the nation’s least affordable major housing market for the past two years, was supplanted by Los Angeles in the fourth quarter of 2019, according to the National Association of Home Builders (NAHB)/Wells
Builder Confidence Remains Solid in February
Builder confidence in the market for newly-built single-family homes edged one point lower to 74 in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Residential Appraisers Play Key Role in Real Estate, New Book Says
Residential real estate appraisers need education, knowledge and experience to perform their valuation assignments competently, according to a book published today by the Appraisal Institute, the nation's largest professional association of real estate
Mortgage Delinquencies Decrease in Fourth Quarter of 2019
The delinquency rate for mortgage loans on one-to-fourunit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019
Metro Home Prices Rise in 94% of Metro Areas in Fourth Quarter of 2019
The vast majority of metro areas saw price gains and very small increases in inventory in the final quarter of 2019, according to the latest quarterly report by the National Association of Realtors
Alliance Urges Congress To Reject Shortsighted Energy Efficiency Cuts
The Alliance to Save Energy called on Congress Monday to reject drastic cuts to federal energy efficiency initiatives proposed by the Trump administration.
