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Builder Confidence Hits 20-Month High
Builder confidence in the market for newly-built single-family homes rose three points to 71 in October, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Single-Family Housing Starts Hold Firm in September
Due to a decline in multifamily housing starts, total housing starts fell 9.4 percent in September to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department
Locations Close to Public Transit Boost Residential, Commercial Real Estate Values
Neighborhoods located within a half-mile of public transit services outperformed those in areas farther from public transit based on a number of factors, according to a report released today by the American Public Transportation Association(link is external)
MBA’s Lisa Haynes Honored as Association CFO of the Year by Association TRENDS
Lisa J. Haynes, SVP, Chief Financial Officer and Diversity and Inclusion Officer at the Mortgage Bankers Association (MBA), was presented with the Association CFO of the Year Award by Association TRENDS. Haynes received the award at the Nonprofit CFO of the Year Awards reception in Washington.
Over 300 Communities in 40 States Now “Open for Solar Business”
From Anchorage, Alaska, to Sarasota, Florida, more than 300 local governments have now met national benchmarks for encouraging the growth of solar energy and removing barriers to solar market development.
Rising Financial Wealth Boosts Demand for Vacation Homes
Increased financial wealth and low mortgage rates boosted the demand for and price of vacation homes, according to the National Association of Realtors® 2019 U.S. Vacation Home Counties Report
ENTERPRISE LAUNCHES UNPRECEDENTED DISASTER RECOVERY AND RESILIENCE MANUAL
Keep Safe: A Guide for Resilient Housing Design in Island Communities, a first-of-its-kind illustrated manual developed in response to the devastation of Hurricane Maria in collaboration with over 150 experts from across Puerto Rico
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 5.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 4, 2019.
Mortgage Credit Availability Increased in September
Mortgage credit availability increased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
State Mortgage Regulators Call for Simplified Data Transfer Process for Loan Origination Software Users
Washington, DC -- State regulators are encouraging industry to integrate state-developed data standards with mortgage loan origination systems, said the Conference of State Bank...
Construction Input Prices Slide in September, Says ABC
Construction input prices fell 0.6% in September and are down 1.7% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
Opponents of Proposed Resolution Copper Mine, Land Exchange Hold News Conference Before Public Hearing
The Apache Stronghold and allies will deliver public comments Tuesday opposing the Resolution Copper mine, which would destroy a sacred site for the Apache people. The group will hold a news conference before Tuesday’s
SEIA and Kentucky Solar Industries Association Formalize Affiliate Partnership
The Solar Energy Industries Association (SEIA), the national trade association for the U.S. solar energy industry, announced today that the Kentucky Solar Industries Association (KYSEIA) is now a formal SEIA state affiliate
MBA Statement on the Nomination of Brian Montgomery to be HUD Deputy Secretary
Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), regarding President Trump's announcement that he intends to nominate FHA Commissioner Brian Montgomery to be the next Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD)
Senior Housing Wealth Reaches Record $7.17 Trillion
Homeowners 62 and older saw their housing wealth grow by 0.5 percent or $32 billion in the second quarter to a record $7.17 trillion from Q1 2019, the National Reverse Mortgage Lenders Association reported today in its quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
Nonresidential Construction Employment Rises in September, Says ABC
The construction industry added 7,000 net new jobs in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 156,000 jobs, an increase of 2.1%
NAHB Second Vice Chairman Chuck Fowke Inducted into Florida Housing Hall of Fame
John “Chuck” Fowke, second vice chairman of the National Association of Home Builders (NAHB) and a Tampa, Fla.-based custom home builder, was inducted today into the Florida Housing Hall of Fame by the Florida Home Builders Association (FHBA)
Mercy Housing Lakefront Hosts 2019 Moving Forward Together Event Celebrating Successes in its Mission...
Mercy Housing Lakefront hosted its annual Moving Forward Together Gala at the Chicago Hyatt Regency Hotel to celebrate significant milestones in advancing its mission to bring affordable housing and supportive services to thousands of low-income individuals
Coalition Urges Congress To Pass New Energy Efficiency Tax Incentive Bills
A coalition of businesses, trade associations, and advocacy groups including the Alliance to Save Energy, Air-Conditioning, Heating and Refrigeration Institute, and Natural Resources Defense Council called on Congress to quickly pass bipartisan legislation announced Wednesday
August Construction Unemployment Rates Up From a Year Ago, Says ABC
In August, estimated not seasonally adjusted construction unemployment rates rose nationally and in 31 states, fell in 13 states and remained unchanged in six on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.
