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FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
National Association of Realtors® Launches Exhibit Celebrating Innovative Solution to Veteran Homelessness
In honor of the 20th year of the Good Neighbor Awards, the National Association of Realtors® (NAR) and Havas Chicago are working together to celebrate the impact of each winner
Upzoning Can Impact Appraisals, Places Emphasis on Highest and Best Use Analysis: Valuation Magazine
Many cities see upzoning as an effective way to expand affordable housing, but zoning changes can impact appraisals, so appraisers need to analyze the highest and best use of the property
Pending Home Sales Mount 16.6% Increase in June
Pending home sales continued to ascend in June, sustaining two consecutive months of increases in contract activity, according to the National Association of Realtors®. Each of the four major regions experienced growth in month-over-month pending home
Multifamily Lending Increased 7 Percent to New Record High in 2019
Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided a total of $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units
Builder Confidence in the 55+ Housing Market Bounces Back in Second Quarter
Builder confidence in the single-family 55+ housing market bounced back in the second quarter, jumping 27 points to 65, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today
NeighborWorks annual survey identifies increased financial challenges, widening homeownership gap
The results of the newly released annual Housing and Financial Capability Survey from NeighborWorks America reveal that a significant and growing share of the American public is vulnerable
Public Clean Water Utilities Applaud Proposed Increase to Infrastructure Funding
Wednesday afternoon the U.S. House of Representatives voted to advance the Moving Forward Act, an ambitious proposal by House Democrats to drastically increase clean water infrastructure funding.
NHC condemns elimination of Affirmatively Furthering Fair Housing rule
The Department of Housing and Urban Development (HUD) announced it will eliminate the Affirmatively Furthering Fair Housing (AFFH) regulation and replace it with a new rule, Preserving Community and Neighborhood Choice.
NAR Stresses Commitment to Racial Equity in Federal COVID-19 Relief Measures
The National Association of Realtors® wrote(link is external) to House Financial Services Committee Chairwoman Maxine Waters and Ranking Member Patrick McHenry this week, relaying its commitment to ensure all Americans benefit equally
NAR Applauds Congressman Maloney’s First Time Homebuyer Pandemic Savings Act
The National Association of Realtors® called on members of the U.S. House of Representatives to cosponsor and support Rep. Sean Maloney’s (NY-D) First Time Homebuyer Pandemic Savings Act.
Existing-Home Sales Climb Record 20.7% in June
Existing-home sales rebounded at a record pace in June, showing strong signs of a market turnaround after three straight months of sales declines caused by the ongoing pandemic, according to the National Association of Realtors®.
Share of Mortgage Loans in Forbearance Decreases for Fifth Straight Week to 7.80%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 38 basis points from 8.18% of servicers' portfolio volume in the prior week to 7.80% as of July 12, 2020
Statement from NAHB Chairman Chuck Fowke on HUD Decision to Terminate Affirmatively Furthering Fair...
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement over the Department of Housing
Leading Civil Rights & Housing Groups Condemn President’s Effort to Gut Fair Housing, Use...
A coalition of civil rights, affordable housing and consumer advocacy organizations condemned the move by the Trump administration to eliminate a critical tool for addressing systemic racism and segregation in our communities. In its haste to undermine this central component of the Fair Housing Act, the administration has done an end run around the normal rulemaking process and adopted a new Affirmatively Furthering Fair Housing (AFFH) rule by executive fiat.
Trump and Carson’s Latest Attack on Fair Housing Racially Motivated and Unlawful
President Donald Trump and Secretary of Housing and Urban Development Ben Carson announced today – without following a required notice and comment process – a final rule that would eviscerate all oversight of state and local government compliance with fair housing laws.
Monthly Construction Input Prices Rise in June, Says ABC
Construction input prices rose 2.2% in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
National Fair Housing Alliance Settles Housing Discrimination Case with Evolve, LLC
The National Fair Housing Alliance (NFHA) announced a settlement agreement with Evolve, LLC (“Evolve”), a privately-owned development company that owns and manages multi-family properties in Washington, D.C. The terms of the agreement, which include adopting an affirmative non-discrimination policy
CHA Board approves $22 million for development that will provide affordable housing and community...
The Chicago Housing Authority’s Board of Commissioners Tuesday approved the investment of 27 Project Based Vouchers (PBVs) to create additional affordable housing opportunities for families
Appraisal Institute Urges Swift Passage of Appraisal Portal Legislation
The nation's largest professional association of real estate appraisers this month sent a letter urging swift passage of the Portal for Appraisal Licensing Act of 2020 in the 116th Congress, which would amend the Financial Institutions Reform, Recovery
