Yearly Archives: 2018

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2018 shows mortgage applications for new home purchases increased 8.2 percent compared to September 2017. Compared to August 2018, applications decreased by 9 percent.

MISMO, the mortgage industry's standards organization, is seeking participants to define a standardized mortgage asset dataset to support rating agency asset valuation efforts necessary for securitizing residential mortgages.

Avenue Place/Avenue Terrace in Houston, Clybourn 1200 in Chicago, Keauhou Lane in Honolulu, Conway Center in Washington, D.C., and Harbor Place Residences in Haverhill, Massachusetts have been selected by the Urban Land Institute’s (ULI) Terwilliger Center for Housing as the winners of the 2018 Jack Kemp Excellence in Affordable and Workforce Housing Award.

U.S. Sen. Lisa Murkowski, R-Alaska, today released the following statement after the Senate passed, S. 3021, America’s Water Infrastructure Act of 2018, through a bipartisan vote of 99-1. The bill, which passed the House of Representatives by voice vote in September, now heads to the president’s desk.

As people across the country struggle to address critical needs like housing and employment, collaboration is key to achieving solid results. Identifying 'change agents' in a region who lead others to a better situation is critical. Residents know best what's working and what's not in their neighborhoods, and often have the local knowledge and insight to solve problems effectively.

Talent and economic diversity are the leading themes running through this year’s top cities in the latest Emerging Trends in Real Estate® 2019, released today by PwC US and the Urban Land Institute (ULI). Dallas/Fort Worth is back in the #1 spot due to its young workforce and high business start-up activity, while Brooklyn (#2), Orlando (#4) and Tampa (#10) make the top 10 for the first time in the report’s 40-year history.

The NYU Furman Center and Abt Associates launched LocalHousingSolutions.org, an online, interactive tool to help communities develop local strategies that promote housing affordability. A growing number of communities across the country are struggling with problems tied to high housing costs, including rising homelessness, fear of displacement among longtime residents, and growing numbers of households unable to afford their rents or mortgages.

Ed Brady, Bloomington, Ill.-based builder and developer and 2016 Chairman of the National Association of Home Builders (NAHB), has been appointed as the new president and chief executive officer of the Home Builders Institute (HBI).

CBRE Executive Vice President Philip D. Voorhees announced today that the National Retail Partners-West (NRP-West) completed the sale of Triangle Center in Longview, Washington, a community center, 98 percent leased to high performing, national and regional credit tenants including Winco Foods (not a part), Ross Dress for Less, Bed Bath & Beyond, Michaels, Petco, Rite Aid, Ace Hardware, Ulta Beauty, Big 5, Office Depot along with Five Guys, Great Clips, GameStop and others.

The Houston-based firm, which filed for Chapter 11 bankruptcy protection in Delaware last week, says it is targeting locations that are underperforming or in close proximity to other Mattress

Prices for inputs to construction rose 0.3 percent in September and are 7.4 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Overall prices for nonresidential construction inputs rose 0.4 percent, reversing last month’s downward trend.

Mayor Bowser cut the ribbon on The Horizon, the short-term family housing program in Ward 7, marking another step forward in delivering on her promise to close and replace DC General Family Shelter with dignified, service-enriched programs across all eight wards.

Mortgage applications decreased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 5, 2018

Assistant to the Secretary for Rural Development Anne Hazlett today announced that the U.S. Department of Agriculture (USDA) is investing $181 million in 88 projects (PDF, 173 KB) that will build community infrastructure and facilities in 27 states.

On Tuesday, October 9, at 5 pm, Mayor Bowser will cut the ribbon on The Horizon, a short-term family housing program in Ward 7, marking another step forward in delivering on her promise to close and replace DC General Family Shelter with dignified, service-enriched programs across all eight wards.