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Applications for New Home Purchases Decreased in April

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2016 shows mortgage applications for new home purchases decreased by 11 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns

Builder Confidence Holds Stable in May

Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Institute Testifies About Using Incentives to Reduce Cost of Disaster Response

The way to achieve resilience in U.S. communities is through an approach that incorporates input, consensus, leadership and action from a broad spectrum of stakeholders, ranging from insurance and finance-related companies, lenders and foundations; forward-thinking communities and government agencies; and important decision makers, including homeowners, businesses and utilities.

ULI to Advise City of Bellevue on Transforming Wilburton Commercial Area into Catalyst for...

Next week, a panel of nationally renowned land use, real estate development, design and urban planning experts convened by the Urban Land Institute (ULI) will visit Bellevue’s Wilburton Commercial Area to evaluate how to transform the neighborhood into a catalyst for economic development that benefits the city and the Puget Sound region. ULI is a multi-disciplinary research and education institute dedicated to responsible land use and the creation of thriving communities worldwide.

Doubling Down On Energy Efficiency: The Senate Moves Authorization And Appropriations Bills That Will...

“The Senate has doubled down on energy efficiency, first with overwhelming bipartisan passage of the comprehensive energy bill — which boasts energy efficiency policies as a cornerstone— and then today with passage of the Energy and Water (E&W) appropriations bill that providessignificant funding for critical energy efficiency programs administered by the U.S. Department of Energy,” said Alliance to Save Energy Director of Government Relations Daniel Bresette.

Architects Praise Introduction of National Mitigation Investment Act of 2016

Legislation will reduce disaster losses and save lives by shifting the federal focus to pre-disaster mitigation and resilient construction. The American Institute of Architects (AIA) today applauded Reps. Carlos Curbelo, R-Fla., and Albio Sires, D-N.J., for the introduction of bipartisan legislation to focus federal disaster policy on preventing losses.

Existing-Home Sales on Course for Best Year since 2006, Student Loan Debt Slowing Prospective...

National
Relentless supply constraints and home price growth outpacing wages are testing the patience of homebuyers this year, but existing-home sales are still on track to come in at their highest pace since 2006, according to an economic forecast forum here at the 2016 REALTORS® Legislative Meetings & Trade Expo.

Mortgage Applications Slightly Increase in Latest MBA Weekly Survey

Mortgage applications increased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 6, 2016.

2016 Senior Citizen of the Year Award Winner Announced

A Newaygo resident who has dedicated herself to helping those with mental health issues and the elderly to live with dignity was named Senior Citizen of 2016 today on the Capitol lawn. Adele Hansen, 87, accepted the award during Older Michiganians Day celebrations, which Consumers Energy sponsors. The award from the Area Agencies on Aging and Network Partners includes a Certificate of Proclamation from Gov. Rick Snyder and a $1,000 check from Consumers Energy.

Regulatory Costs Account for Nearly a Quarter of the Price of a New Home

On average, regulations imposed by all levels of government account for 24.3 percent of the sales price of a new single-family home, according to a new study by the National Association of Home Builders (NAHB).

Game-Changing Report Launch — Greater Than The Sum Of Its Parts: The Case For...

There is growing consensus in the buildings industry that focusing on building systems—a combination of equipment, controls, operations and interconnections—will become increasingly necessary to achieve future meaningful and cost-effective energy savings in buildings. The Alliance to Save Energy and its partners released theSystems Efficiency Initiative (SEI) Year 1 Report at the 2016 EE Global Forum in Washington, D.C.

Real Estate Agents, Appraisers Voice Concerns over FHA Appraisal Policies

While the Federal Housing Administration’s overhaul of its Single-Family Housing Policy Handbook last year offered loan originators more clarity on lending policies and loan underwriting standards, some changes made to the property valuation policies are causing confusion and delays, according to speakers at a real property valuation forum yesterday at the 2016 REALTORS® Legislative Meetings & Trade Expo.

RealScout Joins REach® Accelerator Class of 2016

Second Century Ventures, the strategic investment arm of the National Association of Realtors® has accepted RealScout(link is external), an agent-branded web and mobile platform, as the eighth company in its 2016 REach® accelerator class. Last month, SCV announced seven other companies had been chosen to be part of the fourth class.

International Business, Policy And Opinion Leaders Converge At The EE Global Forum In Washington,...

Today the Alliance to Save Energy’s (Alliance) 9th annual Energy Efficiency Global Forum (EE Global) opened, welcoming nearly 500 international delegates from the business, government and nonprofit sectors to Washington, D.C. for the world’s premiere, invitation-only forum dedicated to energy efficiency

Growing Saginaw Manufacturer Saving Energy and Money with Incentives from Consumers Energy

Fullerton Tool Receives Rebate Worth Over $26,000 for New Construction. A family-owned tool manufacturer based in Saginaw received $26,291 in rebates from Consumers Energy today for using a program that rewards energy efficiency during new construction.

HUD Secretary Castro, Panelists Discuss Housing Opportunities for Young Adults Repaying Student Debt

Struggles exist for many young adults trying to become homeowners, and the burden of repaying their student loan debt is in part delaying their ability to buy, according to speakers at a regulatory issues forum on student debt and homeownership at the 2016 REALTORS® Legislative Meetings & Trade Expo

Realtors® Gather in Washington to Lay Groundwork for Future Policy Successes

Thousands of Realtors® from across the nation are meeting with legislators, regulators and industry leaders this week to advance the issues critical to their businesses, communities and clients as the REALTORS® Legislative Meetings & Trade Expo begins.

NCOA and GreenPath Provide Personalized Help to Older Adults Who Are Struggling Financially

With more than 61 percent of households headed by an adult aged 60+ carrying some form of debt, economic security is a real and pressing issue for millions of older Americans, even those with retirement savings.

CONSERVATION GROUPS HAIL NEW #SMARTFROMTHESTART REPORT

The University of California, Berkeley, School of Law published a new report on how solar energy development in the San Joaquin Valley can be “smart from the start” by siting projects on degraded lands with low habitat values for wildlife. The report, A PATH FORWARD Identifying Least-Conflict Solar PV Development in California’s San Joaquin Valley, represents a multi-stakeholder approach, featuring representatives from local government, industry, agriculture, renewable energy development, and the governor’s office to address solar energy development in the San Joaquin Valley

Report: HUD’s Sales of FHA-Defaulted Mortgage Loans Benefit the Big Mortgage Servicers and Hedge...

The U.S. Department of Housing and Urban Development’s (HUD’s) program for selling defaulted Federal Housing Administration (FHA) loans is the largest auctioning off of government-insured home mortgage loans in the nation’s history, yet the big winners are the large mortgage servicers who flout HUD rules while homeowners often unnecessarily lose their homes