Archives
Federal Disaster Assistance Approaching $1 Million in First 10 Days
In the first 10 days since President Biden authorized federal disaster assistance for the state of Missouri, FEMA already has approved $903,720 dollars for 158 eligible individuals and
Congresswoman Lee Announces Housing Plan to Help Lower Costs at New Senior Housing Complex
Announced her three-part plan to help lower costs and build more affordable housing during a tour of the West Sahara Senior
CONSTRUCTION SPENDING SLIDES 0.3 PERCENT IN JUNE AS DROP IN HOMEBUILDING AND MAJOR PUBLIC...
Construction Spending Dropped to a Seasonally Adjusted Annual Rate of$2.148 trillion in June as Construction Officials Urge Biden
Pending Home Sales Rose 4.8% in June
Pending home sales in June ascended 4.8%, according to the National Association of REALTORS®. All four U.S. regions posted monthly gains in transactions. Year-over-year, the Northeast, Midwest and South registered declines, while the West increased.
EIA expects rising electricity demand and natural gas prices to affect electricity fuel mix...
The U.S. Energy Information Administration (EIA) expects that the United States will generate more electricity from renewables and coal in the second half of this year, as electricity demand and
Home Equity Lending Volume Stays Relatively Flat in 2023, Debt Outstanding Increases
Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased in 2023 by 1.5 percent compared to the previous year, while debt
New Home Sales Soft in June as Mortgage Rates Remain Near 7%
Elevated mortgage rates continue to keep buyers on hold, as new home sales remained relatively flat in June. Sales of newly built, single-family homes in June fell 0.6% to a 617,000 seasonally
CONSTRUCTION EMPLOYMENT INCREASES IN 215 OF 358 METRO AREAS FROM JUNE 2023 TO JUNE...
Houston-The Woodlands-Sugar Land, Texas and Lawton, Okla. Experience Highest Number and Percentage of Year-over-Year Job
Secretary of the Treasury Janet L. Yellen and Secretary of Energy Jennifer Granholm’s Meeting...
Secretary of the Treasury Janet L. Yellen and Secretary of Energy Jennifer Granholm hosted a working dinner with CEOs of leading companies in the clean energy economy. During the meeting
HUD Announces Over $150 Million Investment to Tribal Communities for Construction of Innovative, Affordable...
The U.S. Department of Housing and Urban Development (HUD) today announced awards totaling $150.9 million for new
Ranking Member Kaptur Floor Remarks on Republicans’ 2025 Energy and Water Development Funding Bill
Congresswoman Marcy Kaptur (D-OH-09), Ranking Member of the Energy and Water Development and Related Agencies
Capital Impact Partners Launches Free Training Program for Atlanta’s Emerging Real Estate Developers
A new program will help Atlanta’s emerging real estate developers overcome the systemic obstacles that have prevented them from
Rep. Adams Delivers Grant to Clean Up Kannapolis Brownfield
Congresswoman Alma S. Adams, Ph.D. (NC-12) has announced that the city of Kannapolis, North Carolina will receive a $1 million federal grant from the Environmental Protection Agency (EPA)
New Hawaii Law Will Protect Homebuyers from Predatory Contracts
The American Land Title Association (ALTA), the national trade association of the land title insurance industry, AARP and the Hawai‘i Land Title Association (HLTA) applaud the Hawai‘i
Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of...
Existing-home sales fell in June as the median sales price climbed to the highest price ever recorded for the second consecutive month, according to the National Association of REALTORS®. All
Mayor Bowser Breaks Ground on Final Phase of Skyland Town Center, Delivering Townhomes, Affordable...
Mayor Muriel Bowser broke ground on the final phase of the transformation of Skyland Town Center in Ward 7. This third and
June New Home Purchase Mortgage Applications Increased 0.7 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2024 shows mortgage applications for new home purchases increased 0.7 percent compared from a year
BLM seeks input on proposed infrastructure for Project West Trona Mine in Southwest Wyoming
The Bureau of Land Management is seeking public comment on the environmental assessment of proposed pipelines, powerlines, and transportation routes associated with the proposed Project
Single-Family Starts Weaken in June
Elevated interest rates for home mortgages and construction and development loans kept single-family production and demand in check during June. Overall housing starts increased 3.0% in June to a seasonally adjusted annual rate of 1.35 million units
ULI Foundation Secures Million-Dollar Gift to Help Cities Solve Complex Land Use Challenges
The Urban Land Institute Foundation (ULIF) announced today a $1 million donation from long-time ULI leader and trailblazer in multi-family and residential real estate, James D. Klingbeil