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February New Home Purchase Mortgage Applications Increased 3 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2019 shows mortgage applications for new home purchases increased 3 percent compared from a year ago.
TransCanada Loses Latest Attempt to Begin Keystone XL Pipeline Construction
The U.S. Court of Appeals for the 9th Circuit today denied yet another attempt by TransCanada to begin construction on its proposed Keystone XL pipeline. The court left in place a ruling by the U.S.
Palestinians Intervene to Sue Settlers in Airbnb Lawsuit
Palestinian landowners and West Bank residents filed to intervene in a lawsuit against Airbnb over the booking platform’s decision to remove listings for Israeli settlements in the West Bank in the occupied Palestinian territory. Dual Israeli-U.S. citizen settlers whose listings are to be removed and potential renters filed the original lawsuit against Airbnb, claiming discrimination.
Builder Confidence Holds Steady in March
Builder confidence in the market for newly-built single-family homes held steady at 62 in March, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index
More Than 80 Percent of Realtors® Say Staged Houses Help Buyers Visualize Them as...
As the spring home buying season kicks off, a new survey from the National Association of Realtors® shows that 83 percent of buyers' agents say that staging
Commercial/Multifamily Mortgage Debt Climbs 6.8 Percent to $3.39 Trillion in 2018
The level of commercial/multifamily mortgage debt outstanding at the end of 2018 was $216 billion (6.8 percent) higher than at the end of 2017, according
New NIBS-NBI Energy Tool to Help Cities Set Framework to Achieve Performance Goals
The National Institute of Building Sciences (NIBS) and New Buildings Institute (NBI) have developed a new tool, with support from the U.S. Department of Energy
National Housing Conference announces new communications director
Sykes brings to NHC over 13 years of extensive communications experience from marketing engagement to project management. Most recently, she served as a senior program and project
January New Home Sales Demonstrate Demand for Affordable Homes
The January new home sales report from the government indicates an increasing demand for homes sold in an affordable price range. In January 2019, 66 percent of new single-family home sales were priced between $200,000
Construction Input Prices Rise for First Time Since October, Says ABC
According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Sta3tistics data released today, construction input prices rose 0.9 percent monthly in February
Sen. Warren’s Housing and Economic Mobility Act
Statement by Tara Raghuveer, People’s Action Housing Campaign Director on Sen. Elizabeth Warren’s reintroduced American Housing and Economic Mobility Act: “The price tag on Senator Warren’s housing bill
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 8, 2019
National Association of Realtors® continues push for long-term NFIP reauthorization and reform
This morning, a representative from the National Association of Realtors® testified to the House Financial Service Committee during its hearing, " Preparing for the Storm: Reauthorization
Administration’s Budget Proposes Unacceptable Cuts To Energy Innovation, Efficiency
The Alliance to Save Energy released the following statement from President Jason Hartke in response to the Trump administration’s FY 2020 budget proposal, which calls for deeply cutting
Habitat: Proposed federal budget will worsen housing affordability across the country
The White House’s fiscal year 2020 budget request, released today, proposes to eliminate funding for programs that support affordable housing, a move that would worsen the affordable housing
MBA Releases New Paper, The Roadmap to CFPB 2.0
The Mortgage Bankers Association (MBA) today released a new paper, The Roadmap to CFPB 2.0, which details recommendations to ensure stability and consistent consumer protections
Jobs Decline in Construction Sector for the First Time in More Than Two Years,...
According to an analysis by the Associated Builders and Contractors of data released today by the U.S. Bureau of Labor Statistics, the construction industry lost 31,000
Housing Starts Rebound in January
Total housing starts rose 18.6 percent in January to a seasonally adjusted annual rate of 1.23 million units from a downwardly revised reading in December, according
Nonresidential Construction Spending Flat in December; Public Sector Down Slightly, Says ABC
National nonresidential construction spending remained virtually unchanged in December, according to Associated Builders and Contractors’ analysis of U.S. Census Bureau data released today.
Commercial and Multifamily Mortgage Delinquencies Remain Low in the Fourth Quarter of 2018
Commercial and multifamily mortgage delinquencies remained at a low rate in the final three months of 2018, according to the Mortgage Bankers Association's (MBA) latest