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Increases in Remodeling Market Indicators Reflect Broad-Based Confidence
Some people think about it, while others would rather not. But if you’ve ever wondered what happens to all the water that leaves your home after the dishes are done and the toilet is flushed… now is your chance to find out.
Apartment Markets Sluggish in the April NMHC Quarterly Survey
Despite moderate improvements over the first quarter of 2017, all four indexes of the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions remained below the breakeven level of 50. The Market Tightness (41), Sales Volume (30), Equity Financing (42), and Debt Financing (41) all indicated continued softening conditions in apartment markets even as demand for apartment residences remains strong.
Statement by House Majority Leader Rodrigues, SEIA and Vote Solar Following Passage of HB...
House Bill 1351 unanimously passed the House Commerce committee today. House Majority Leader Ray Rodrigues, Tom Kimbis with the Solar Energy Industries Association (SEIA) and Scott Thomasson with Vote Solar issue the following statements in response to legislative activity in Florida.
MISMO Version 3.3 Industry Standards Approved for General Use
MISMO, the Mortgage Industry Standards Maintenance Organization, has elevated Version 3.3 of the MISMO Reference Model standard to "Recommendation" status. "Recommendation" status is the highest possible level given to a MISMO standard. MISMO members recently voted to elevate Version 3.3 to Recommendation status based on evidence of multiple successful industry implementations.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 14, 2017. This week's results do not include an adjustment for the Good Friday holiday
Experts Outline Pathway for Generating Up to Ten Terawatts of Power from Sunlight by...
The annual potential of solar energy far exceeds the world's energy consumption, but the goal of using the sun to provide a significant fraction of global electricity demand is far from being realized
As the US Determines its Role in the Global Climate Effort, Self-interested Nations Pursue...
The Trump administration is currently deciding whether the United States will remain in the Paris Agreement and stand by its climate commitments. The upcoming meetings of international forums—including the G-7 and G-20—will provide some clarity on the new U.S. role in the global climate effort and the international response. In the meantime, there are indications that other major economies are steadfast in supporting the climate movement.
SEIA Urges Nevada Panel to Pass Net Metering Bill
The Solar Energy Industries Association (SEIA), the industry's national trade group, has sent a letter urging a Nevada Assembly committee to pass a pro-consumer net metering bill (AB 270). That measure would return the state to its previous net metering policy, which allowed all homeowners to sell excess electricity back to the utility and solar jobs to flourish.
Lower-cost Home Renovations Offer Best Value: Appraisal Institute
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advocated that homeowners pursue smaller-scale renovation projects in order to maximize their potential return on investment
Single-Family Production Falls in March After Strong February Reading
Following an elevated February reading, nationwide housing starts fell 6.8 percent in March to a seasonally adjusted annual rate of 1.22 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Still, new housing production in the first quarter of this year is running 8.1 percent above the pace in 2016
Clean energy coalition supports proposed FERC revision of interconnection process
A coalition of clean energy groups voiced their support today for proposed interconnection changes by the Federal Energy Regulatory Commission (FERC) to improve the efficiency and transparency of interconnection requests and remove barriers to renewable energy development
Personal Safety Company Guard Llama Scores Deal on ABC’s “Shark Tank”
With an offer of $100,000 from investor Barbara Corcoran, 2015 REach real estate technology accelerator participant and personal safety device company, Guard Llama(link is external), is officially a part of “Shark Tank” television history.
Builder Confidence Holds Firm in April
Builder confidence in the market for newly-built single-family homes remained solid in April, falling three points to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after an unusually high March reading.
Production Volume and Profits Up in 2016 for Independent Mortgage Bankers
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,346 on each loan they originated in 2016, up from $1,189 per loan in 2015, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage Bankers Performance Report
Immigrants’ Strong Desire for Homeownership Will Shape U.S. Housing Markets, Says New ULI Report,...
The housing and neighborhood location choices of immigrants will have a significant impact on urban growth in the U.S. for decades to come, particularly as more foreign-born residents seek to own homes in suburban communities, according to new research from the Urban Land Institute’s Terwilliger Center for Housing. Homebuilders and developers who can deliver the housing options immigrants want and need stand to benefit in the years to come.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 7, 2017.
Former U.S. Energy Secretary Spencer Abraham to Examine E&P Industry Recovery, Future Policy at...
Former Senator and U.S. Energy Secretary Spencer Abraham will be providing the luncheon keynote at the Annual Spring Meeting on Friday, April 21. Currently a principal in the Washington, D.C., office of Blank Rome Government Relations LLC, Abraham served for four years as Secretary of Energy for under President George W. Bush, and six years as a U.S. Senator.
Affordability, Tight Supply Cause Vacation Home Sales to Plummet in 2016; Investment Sales Climb...
Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors®. The survey additionally found that vacation and investment buyers in 2016 were more likely to take out a mortgage and use their property as a short-term rental
DCHFA Finances a Fourth Project at The Yards
The District of Columbia Housing Finance Agency (DCHFA) issues $55 million (long term tax exempt bonds) in acquisition and construction financing for Guild (1346 4th Street SE) a new apartment building with 39 of its 191 units reserved for residents earning at or below 50 percent of the area median income. The affordable units will be interspersed with the market rate units creating an income diverse community.
New Appraisal Institute Book Addresses Challenges of Valuing Mobile Homes
The popularity of mobile homes and recreational vehicles will continue to grow as manufacturers offer new design concepts and aging baby boomers look for affordable housing and travel options, according to a new book by the Appraisal Institute.
