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Homebuyer Affordability Improved for Third Straight Month in August
Homebuyer affordability improved for the third straight month in August, with the national median payment applied for by applicants decreasing to $1,839 from $1,844 in July.
Homebuilder’s Profit Margins Tighten as Housing Market Slows
The Association of Professional Builders (APB), today announced new guidelines to maintain profitability for small home builders, given 75% operate on a net profit margin of 3% or less1. As a leading business coaching service for custom home builders, with members in the United States, Canada, Australia and New Zealand, these profit margin guidelines are even more important now, given the slowing housing market, difficult supply chain, and labor shortage issues.
Atlanta REALTORS® Releases August 2022 Statistics on Housing Market
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its August 2022 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties.
CALIFORNIA ASSOCIATION OF REALTORS? to Offer Milestones as Member Benefit
Milestones (milestones.ai), the all-in-one homeowner portal making it easier for consumers to buy, move, sell, and manage their home, is pleased to announce that the CALIFORNIA ASSOCIATION OF REALTORS? (C.A.R.) will be launching Milestones as a member benefit to its more than 217,000 REALTORS? members.
Tips For Ensuring Your Home’s Roof Is In Good Shape
Maintaining your house’s roofing in tip-top condition doesn’t just increase the property’s value, but it also makes the building more comfortable for residents. According to statistics, almost 80% of American homes were constructed over two decades ago
GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
Multifamily Starts Surge in August as Single-Family Production Remains Weak
High mortgage rates and building production bottlenecks continue to act as a drag on the single-family housing market even as overall housing starts posted a double-digit gain in August
WHITEHOUSE ANNOUNCES FUNDING TO SUPPORT SAFE HOUSING FOR VICTIMS OF ABUSE IN RHODE ISLAND
$850k Congressionally Directed Spending request will allow Sojourner House to expand housing portfolio, provide supportive services to clients experiencing abuse
Federal Court Throws Out Pipeline Permit for Cadiz Water Project
A federal court today ruled to scrap an important pipeline permit for the controversial Cadiz water mining project, siding with the Biden administration and tribal communities. The project threatened to drain the Mojave Desert of 16 billion gallons of water annually
Workshop participants learn putting your best financial foot forward is a key step toward...
Homeownership had always been a dream for Sarah and Mario Aguila. The couple had been saving for years, paying attention to their finances, and never splurging on anything unnecessary. Finally, they decided it was time to take the plunge and explore purchasing their first home
Norton, DeFazio Announce House Passage of Norton’s Bill to Revoke SEC’s Leasing Authority
Congresswoman Eleanor Holmes Norton (D-DC) and Chair of the House Transportation and Infrastructure Committee Peter DeFazio (D-OR) announced that Norton’s Securities and Exchange
Statement of David M. Dworkin President and CEO, National Housing Conference on President Biden...
President Joe Biden announced his plan to deliver student loan forgiveness of up to $20,000 to millions of Americans.
NEW YORK DEPUTY SECRETARY OF STATE FOR DEVELOPMENT, PLANNING AND COMMUNITY SUPERVISION KISHA SANTIAGO-MARTINEZ...
Town of Babylon Supervisor provides New York Deputy Secretary of State for Development, Planning, and Community Infrastructure Santiago-Martinez a short boat tour of South Shore Estuary Reserve in the Great South Bay.
CONSTRUCTION EMPLOYMENT INCREASES IN 31 STATES FROM JULY TO AUGUST EVEN AS MANY FIRMS...
Arizona Has Largest One-Month Pickup in Jobs, While Minnesota and Wyoming Have Largest Decreases; Lack of Qualified
Tips on How to Make Your Home More Valuable And Sell Faster
When you put your home on the market, you want to make sure it sells quickly and for as much money as possible. After all, your house is likely one of your most significant assets, so any time
Free Rebuilding and Repair Tips in Clay and Floyd Counties
As Kentuckians rebuild, survivors of the July 26 flooding can get tips and advice on how to rebuild stronger and safer against storms. FEMA mitigation specialists will be on hand in Clay, Floyd
NAR Announces 12 Tech Startups for Pitch Battle Competition at iOi Summit
The National Association of Realtors® has announced the 12 companies that will participate in the Innovation, Opportunity & Investment (iOi) Summit’s(link is external) “Pitch Battle” competition from September 28–29, in Los Angeles, California.
Tim Dain named CEO of NorthstarMLS
NorthstarMLS is pleased to announce that Tim Dain has joined the company as chief executive officer. In this role Dain will oversee daily operations of the regional multiple listing service (MLS) as well as lead new business development efforts including
Existing-Home Sales Retreated 5.9% in July
Existing-home sales sagged for the sixth straight month in July, according to the National Association of REALTORS. All four major U.S. regions recorded month-over-month and year-over-year sales declines.
HUD ANNOUNCES $12.5 MILLION FUNDING OPPORTUNITY TO EXPAND ACCESS TO AFFORDABLE HOMEOWNERSHIP
The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $12.5 million through the Self-Help Homeownership Opportunity Program (SHOP)