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NYCHA Releases New Solicitation to Install 2.9 Megawatts of Community Solar on 73 Buildings...
The New York City Housing Authority (NYCHA) announced the release of a new solicitation under the Accelerating Community Empowered Shared Solar (ACCESSolar) program, which develops community solar projects on NYCHA properties.
Income Growth Helps Mute Existing Affordability Constraints
Despite solid income gains and lower home prices, Americans still continue to face major housing affordability challenges, according to the latest data from the National Association of Home Builders
HUD and Census Bureau Report New Residential Sales in April 2025
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2025:
U.S. House Prices Rise 4.0 Percent over the Prior Year; Up 0.7 Percent from...
U.S. house prices rose 4.0 percent between the first quarter of 2024 and the first quarter of 2025, according to the U.S. Federal Housing (FHFA) House Price Index (FHFA HPI®). House prices for
Single-Family Starts Down on Economic and Tariff Uncertainty
Economic uncertainty stemming from tariff issues, elevated mortgage rates and rising building material costs pushed single-family housing starts lower in April.
IMBs Report Slight Production Losses in First Quarter of 2025
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $28 on each loan they originated in the first quarter of 2025, compared to a
Mortgage Credit Availability Remained Unchanged in April
Mortgage credit availability remained unchanged in April according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that
NAR Report Reveals Home Staging Boosts Sale Prices and Reduces Time on Market
Nearly three out of 10 (29%) real estate agents reported that staging their sellers' homes led to a 1% to 10% increase in the dollar value offered, and almost half (49%) of home sellers'
FHFA House Price Index® Up 0.1 Percent in February; Up 3.9 Percent from Last...
U.S. house prices rose 0.1 percent in February, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 3.9 percent from
Remodeling Market Poised for Growth as the Age of Owner-Occupied Homes Increases
To kick off National Home Remodeling Month in May, which promotes the benefits of hiring a professional remodeler, the National Association of Home Builders (NAHB) has highlighted
CONSTRUCTION SPENDING DECLINES 0.5 PERCENT IN MARCH WITH DOWNTURNS IN ALL MAJOR PUBLIC AND...
Construction spending decreased 0.5 percent from February to March with a pullback in all of the largest nonresidential public
Existing-Home Sales Receded 5.9% in March
Existing-home sales descended in March, according to the National Association of REALTORS®. Sales slid in all four major U.S. regions. Year-over-year, sales dropped in the Midwest and South, increased in the West and were unchanged in the
Share of Mortgage Loans in Forbearance Decreases Slightly to 0.36% in March
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.38% of servicers’
Remodeling Market Sentiment Down in the First Quarter
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 63, down five points compared to
Fast Cash for Medical Bills: How Selling Your Home Can Offer Instant Financial Relief
Medical bills can be a significant source of stress and anxiety for individuals and families alike. The rising costs of healthcare, coupled with unexpected medical emergencies, can quickly turn a
Millennial Buyers Prefer Better, Not Bigger Homes
As the housing industry celebrates New Homes Month in April, millennial buyers say they are willing to compromise when it comes to space. A National Association of Home Builders (NAHB)
Baby Boomers Regain Top Spot as Largest Share of Home Buyers
In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of home buyers, according to the National Association of
Slight Decline in Rates Helps New Home Sales to Edge Higher in February
A slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges continue to act as a strong
FHFA House Price Index Up 0.2 Percent in January; Up 4.8 Percent from Last...
U.S. house prices rose 0.2 percent in January, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 4.8 percent from
Habitat for Humanity International announces new partnership to invest $82.5 million in affordable housing
Habitat for Humanity International’s community development financial institution, Habitat Capital, announced today a new
