Officials to Release New Data Showing the Severity of Construction Worker Shortages Nationwide and...
On Tuesday, August 29 at 1 p.m. EDT, the Associated General Contractors of America (AGC) will release new data showing the severity of construction worker shortages nationwide and by region and state* during a media conference call at 1-888-585-9008 (passcode/room number 351-734-823).
Mercy Housing Lakefront announced today that it will begin accepting applications on September 5, 2017 for River Station Senior Apartments, a 70-unit affordable housing development in Kankakee designed for low-to-moderate-income seniors. Part of a broad community revitalization strategy in a key area of downtown Kankakee, the project is a collaboration between Mercy Housing Lakefront, the Kankakee County Housing Authority (KCHA), Presence St. Mary’s Hospital and the City of Kankakee.
The National Association of the Remodeling Industry (NARI) launched an industry-changing Accreditation program. As the first of its kind, the NARI Accredited Remodeling Company (ARC) program was created to support both consumers and remodelers. Consumers desperately need a remodeling contractor they can trust to update their homes. NARI remodelers need a program that supports remodeling companies in the continuous improvement of their business following best practices and elevating the level of professionalism throughout the nation.
Nissan North America today announced the continuation of its long-standing partnership with Habitat for Humanity with a $1 million donation. Nissan has contributed more than $15 million to Habitat nationally since the partnership began in 2005, when Nissan donated 50 trucks and mobilized employees to assist in homebuilding following Hurricanes Katrina and Rita in the Gulf Coast region.
The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of eight points to 56 in the second quarter. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of its components are scaled so that a number above 50 indicates that more respondents report conditions are improving than report conditions are getting worse.
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.24 percent of all loans outstanding at the end of the second quarter of 2017. The delinquency rate was down 47 basis points from the previous quarter, and was 42 basis points lower than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey
Jefferson L. Sherman, MAI, AI-GRS, of Highland Heights, Ohio, was elected 2018 vice president of the nations largest professional association of real estate appraisers Thursday by its Board of Directors in Chicago.
The Alliance to Save Energy released the following statement from President Kateri Callahan regarding the Department of Energy’s Staff Report to the Secretary on Electricity Markets and Reliability (“Grid Study”) released late Wednesday
Listings in July typically went under contract in under 30 days for the fourth consecutive month because of high buyer demand, but existing-home sales ultimately pulled back as large declines in the Northeast and Midwest outweighed sales increases in the South and West, according to the National Association of Realtors®
Homeless residents of Houston have been granted a temporary restraining order prohibiting the City of Houston from enforcing an anti-camping ordinance against homeless people for sheltering themselves in public. The residents are represented by the National Law Center on Homelessness & Poverty, the ACLU of Texas, and Dechert LLP.
Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA), regarding the “Staff Report on Electric Markets and Reliability” released today by the Department of Energy (DOE)
When it comes to the buying and selling of commercial real estate—a multi-step process that involves high stakes and numerous stakeholders—the energy performance of buildings is not usually top of mind. An upcoming webinar by the National Institute of Building Sciences Council on Finance, Insurance and Real Estate (CFIRE) could bring the topic into higher focus.
Sales of newly built, single-family homes in July fell 9.4 percent to a seasonally adjusted annual rate of 571,000 units from an upwardly revised June reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This was the lowest sales reading since December 2016. Meanwhile, year-to-date, new home sales are 9.2 percent above their level over the same period last year.
NAIOP, the Commercial Real Estate Development Association, has selected seven young professionals to receive its prestigious 2017 Developing Leaders Award. The annual award honors up-and-coming professionals under the age of 35 for their exceptional professional accomplishments, strong leadership and community involvement.
Mortgage applications decreased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 18, 2017.
The Department of Housing and Community Development (DHCD) will be holding multiple rental funding competitions during the next six to seven months. As described on DHCD's website (link is external), it intends to host a mini-competition for highly-ready family production projects in October 2017. In addition, DHCD is almost ready to release a NOFA for Housing Trust Fund (HTF) supportive housing projects, with full applications likely due in November 2017.
The nation’s healthcare environment is changing and facilities need to keep pace—particularly with the growth in a senior population in need of care. The design, construction and operation of healthcare facilities must respond to these needs and provide the environment necessary for effective delivery of quality, person-centered care.
Keeping up with technology, maintaining sufficient inventory, competition from nontraditional participants and profitability are among the biggest challenges for real estate firms, according to the National Association of Realtors® 2017 Profile of Real Estate Firms
The “Rent Relief Act of 2017,” legislation announced today by U.S. Representative Joe Crowley (D-NY), would provide much-needed resources directly to struggling families and individuals to help them afford to keep a roof over their heads. The refundable tax credit would put more money in the pockets of the lowest income families, at a time when their wages have flatlined and housing costs have skyrocketed.
The U.S. Environmental Protection Agency (EPA) has awarded $1,004,260 to the Utah Department of Environmental Quality (UDEQ) to help protect human health and the environment through a Nonpoint Source Program Clean Water Act Section 319 cooperative agreement. This grant is given to states to implement environmental programs that address nonpoint source pollution in surface and groundwater in order to improve and protect water quality.
Ulster Savings Bank (“Ulster Savings”), the Fair Housing Justice Center, Inc. (“FHJC”) and three individual plaintiffs all submitted a proposed Settlement Agreement and Order requesting that the federal court in White Plains approve the parties’ settlement of a fair housing and lending case initiated by FHJC. If approved, the settlement will afford the parties the opportunity to work together to improve lending opportunities in the Hudson Valley and Long Island areas.
Alexandria, Va., Aug. 16, 2017 ? The deadline to become a certified Community of Quality property through your local AHMA is just weeks away....
Nationwide housing starts fell 4.8 percent in July to a seasonally adjusted annual rate of 1.16 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production slipped 0.5 percent in July to a seasonally adjusted annual rate of 856,000 after a strong, upwardly revised June reading. Year-to-date, single-family starts are 8.6 percent above their level over the same period last year. Multifamily starts dropped 15.3 percent to 299,000 units.
Like most of you, I am stunned, saddened and outraged — by the terrible acts of hatred and intolerance displayed in Charlottesville this weekend, and by the president's shameful response
The Vulnerabilities of America’s Dangerously Insecure Election Infrastructure Can Be Addressed by Adopting 9...
America’s election infrastructure as it exists today is dangerously insecure and susceptible to hacking, machine malfunctioning, and Election Day disruption. But there are nine common-sense solutions that, if adopted, would address the vulnerabilities in the nation’s election infrastructure and strengthen the security of America’s elections, says a new issue brief published today by the Center for American Progress.
Mortgage applications increased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 11, 2017.
On August 17, 2017, Palo Alto Mayor Greg Scharff, City Council Members, and other local leaders gathered to celebrate the grand re-opening of Colorado Park Apartments, an affordable residential rental community developed by Palo Alto Housing (PAH).
The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly reportby the National Association of Realtors
Led by the Solar Energy Industries Association (SEIA), the solar industry, elected officials and U.S. trading partners argued today against Suniva’s bid for trade relief at a packed International Trade Commission (ITC) hearing. Hundreds of American solar workers concerned about their jobs attended the hearing
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement on President Trump's executive order that effectively rolls back the Federal Flood Risk Management Standard: