Purchase Apps Up, Refis Down in Latest MBA Weekly Survey

Mortgage applications increased 0.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 9, 2018.

MBA, NAMMBA Announce Partnership to Promote Diversity and Inclusion Efforts

The Mortgage Bankers Association (MBA) and the National Association of Minority Mortgage Bankers of America (NAMMBA) announced today that the two associations will form a formal strategic partnership to advance each other's diversity and inclusion efforts

Bank Appraisal Institute Leads 34 Groups in Advancing Changes to Bank Regulation Bill

The nation’s largest professional association of real estate appraisers today led nearly three dozen valuation organizations in applauding revisions to a bipartisan Senate bill that would roll back many post-financial-crisis banking rules found in the Dodd-Frank Act

ULI’s Greenprint Center for Building Performance Partners with Architecture 2030 and Measurabl to Advance...

WASHINGTON (March 13, 2018) – The Urban Land Institute (ULI) has signed a Memorandum of Understanding with Architecture 2030 to help cities within the...

The U.S. Has National Shortage of More Than 7.2 Million Affordable & Available Rental...

The Gap: A Shortage of Affordable Homes, a new report released today by the National Low Income Housing Coalition (NLIHC), finds a shortage of 7.2 million affordable and available rental homes for extremely low income (ELI) renter households, those with incomes at or below the poverty level or 30% of their area median income.

February New Home Purchase Mortgage Applications Increased 4.6 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for February 2018 shows mortgage applications for new home purchases increased 4.6 percent compared to February 2017. Compared to January 2018, applications increased by 3 percent. This change does not include any adjustment for typical seasonal patterns.


Thirty-five states and the District of Columbia added construction jobs between January 2017 and January 2018, while 32 states and D.C. added construction jobs between December and January, according to an analysis by the Associated General Contractors of America of Labor Department data released today.  Association officials cautioned, however, that newly-imposed tariffs on steel and aluminum products are likely to undermine future job growth in the sector
NYU Furman Center

NYU Furman Center Responds to HUD’s Assessment of Fair Housing Delay

In January 2018, the Trump administration announced that it was delaying the deadline for jurisdictions to complete an important analysis intended to ensure that communities are acting to reduce residential segregation and remove barriers to fair housing choice.

New Ads Urge Action on Infrastructure, Permanent Solution for Highway Trust Fund

If we're stuck in gridlock, so is our economy.  Congestion drives up the price of everything we make, buy and export.  It's a $160 billion hidden tax."  That's the key message of a new ad campaign urging Congress and the Trump administration to act now to develop and pass a robust transportation infrastructure investment package and a permanent fix for the Highway Trust Fund.


New Steel and Aluminum Tariffs are Likely to Undermine Future Job Gains in the Construction Sector as Firms Will be Forced to Pay More for Key Materials and Trade War Dampens Demand for New Construction

NACWA Supports Clean Water Prominence in $1 Trillion Senate Infrastructure Plan

This week, Senate Democrats released a $1 Trillion plan to invest in America’s infrastructure—a plan in which clean water occupies a well-deserved front-and-center position in America’s infrastructure conversation.

Mortgage Credit Availability Decreases in February

Mortgage credit availability decreased in February 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.

Mayor Emanuel Breaks Ground on New Jewel-Osco in Woodlawn

Mayor Rahm Emanuel broke ground on the new Jewel-Osco on the northwest corner of 61st Street and Cottage Grove Avenue. The full-service grocery store and drive-through pharmacy store will bring high-quality fresh food options to the Woodlawn community.
ABC National

ABC Weighs in on Elements of a Successful Infrastructure Package

On March 1, ABC President and CEO Mike Bellaman joined members of Congress, senior committee staff, key industry stakeholders and top administration officials for discussions on the challenges of writing and passing a package to revitalize America’s infrastructure.

Statement from NAR President Elizabeth Mendenhall about HUD’s Possible Changes to its Mission Statement

National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty, issued the following statement regarding the Department of Housing and Urban Development's potential plans to remove anti-discrimination language from its current mission statement

Business Real Estate Press Releases

Boot Barn Jackson TN

The Boulder Group Arranges Sale of Net Lease Boot Barn

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Boot Barn property located at 1775 Vann Drive in Jackson, Tennessee for $2,000,000.

Recent Gov & Nonprofit Real Estate Press Releases

Minneapolis Mill City Museum

Why Minneapolis is a Great Place to Buy a Home

Whether you are looking for a place to buy your first home or you think it’s a good time to invest in real estate for monetary gain, choosing the right location is critical. Not all towns and cities are equal. In some, the crime rates are horrific. In others, employment opportunities are lacking.