Yearly Archives: 2018
81 PERCENT OF NEVADA RESIDENTS RATE THEIR OVERALL COMMUNITY ASSOCIATION LIVING EXPERIENCE AS “POSITIVE”...
Community associations, commonly referred to as homeowners associations (HOAs), condominiums, housing cooperatives, and mixed-use communities, remain preferred places to call home for more than 600,000 Nevada residents
USDA Invests in Water and Wastewater Infrastructure in 46 States
Assistant to the Secretary for Rural Development Anne Hazlett today announced that USDA is investing $1.2 billion (PDF, 509 KB) to help rebuild and improve rural water infrastructure for 936,000 rural Americans living in 46 states.
ABC Predicts Construction Sector Will Remain Strong in 2019
Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a 2019 economic outlook published today in Construction Executive magazine.
Home Builders Mourn the Passing of President Bush
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., issued the following statement on the passing of President George H. W. Bush. “On behalf of all the members of NAHB, I wish to extend my deepest condolences to the Bush family.
Appraisal Institute Joins 17 Groups Opposing Credit Union Administration’s Proposed Action
The nation’s largest professional association of real estate appraisers joined 17 other organizations Monday in saying it “strongly opposed” the National Credit Union Administration’s plan to reduce the number of non-residential real estate loans requiring appraisals.
Baton Rouge Community Development Corporation Receives $16K from Hancock Whitney and FHLB Dallas
Representatives from Hancock Whitney and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded $16,000 in Partnership Grant Program (PGP) funds to Scotlandville Community Development Corporation (SCDC). This is the organization's first PGP award, which will be used for organizational capacity building, including educational and financial seminars.
Hazard Mitigation Grant Programs Available in New Hanover County
New Hanover County received notice this week that funds are available in FEMA’s Hazard Mitigation Grant Programs. These programs can help property owners relocate, elevate homes or rebuild homes because of damages from Hurricane Florence.
Hurricane Michael Disaster Survivors Can Get Free Publications to Help in Rebuilding
If you are one of the Florida residents who suffered damage when Hurricane Michael tore through the Panhandle in October and who either has started or is planning to start rebuilding, the State of Florida and FEMA have a wide range of free resources available to you
IMB Profits Lag in the Third Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $480 on each loan they originated in the third quarter of 2018, down from a reported gain of $580 per loan in the second quarter of 2018, according to the Mortgage Bankers Association's (MBA) newly released Quarterly Mortgage Bankers Performance Report.
Nonresidential Spending Rises Modestly in October
National nonresidential spending increased 0.1 percent in October, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending for the month stood at $763.8 billion on a seasonally adjusted annualized rate, which represents a 7.3 percent increase over the same time last year
CBRE’s Philip D. Voorhees and NRP-West Team Complete Sale of The Dunes in Monterey...
CBRE Executive Vice President Philip D. Voorhees and Senior Vice President Preston Fetrow announced today that the National Retail Partners-West (NRP-West) completed the sale of The Dunes in Marina (Monterey Bay), California, a power center, 100-percent leased
Acquisition Yields Rise for Single-Tenant Medical Assets
In the third quarter of 2018, single-tenant net lease medical properties recorded a 22-basis-point year-over-year increase in cap rates, according to The Boulder Group’s latest Medical Sector Net
KTGY Architecture + Planning Receives 2018 SAGE Awards for 55+ Residential Communities
International award-winning firm KTGY Architecture + Planning is pleased to announce that the firm KTGY’s excellence in residential design and planning has been recognized by the Building Industry Association of Southern California’s Council on Shaping Advancements in Generational Environments (SAGE)’s 2018 SAGE Awards program.
National housing leaders meet to develop solutions to growing affordability crisis
Housing leaders from around the country meet to develop solutions for the growing affordability crisis, which has left one in five adults, age 25-35 living with their parents, according to research conducted by the National Association of Home Builders.
Chairman Enzi Concerned with Excessive Markups on FEMA Hurricane Relief Funds
Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, sent a letter to Federal Emergency Management Administration (FEMA) Administrator Brock Long expressing his concerns about significantly marked-up prices FEMA contractors charged for repairs to homes damaged by Hurricane Maria.
Mayor Bowser Breaks Ground on 202 Affordable Housing Units at St. Elizabeths East
Mayor Muriel Bowser broke ground on the Residences at St. Elizabeths East, a 252-unit apartment community with 202 affordable housing units on the historic St. Elizabeths East Campus, delivering on her commitment to provide high-quality affordable housing to the Congress Heights neighborhood in Ward 8
Analysis: Expense Should Not Be a Barrier to Constructing Safer Homes
As wildfire disasters increase across the country, a new study released today found negligible cost differences between building a typical home and a home constructed using wildfire-resistant materials and design features.
FEMA Rebuilding Advice Available at Lowe’s in West Tifton
Are you repairing or rebuilding damaged property? Have questions about flood insurance? Want to protect your property from potential loss or damage from future disasters? Federal Emergency Management Agency (FEMA) rebuilding specialists are ready to provide tips and advice on making homes stronger and safer and answer questions about protecting homes from future damage.
Pending Home Sales Slip 2.6 Percent in October
Pending home sales declined slightly in October in all regions but the Northeast, according to the National Association of Realtors. The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, a forward-looking indicator based on contract signings, decreased 2.6 percent to 102.1 in October
VA Benefits Chief: “Every Single Veteran Will Be Made Whole”
During a hearing before the House Committee on Veterans’ Affairs Subcommittee on Disability Assistance and Memorial Affairs, VA Under Secretary for Benefits Paul Lawrence delivered the following statement
