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Existing-Home Sales Slipped 2.2% in July
Existing-home sales receded in July, according to the National Association of Realtors®. Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines.
U.S. Green Building Council Announces Recipients of 2023 LEED Homes Awards
Awards recognize Project of the Year, Outstanding Single Family Projects, Outstanding Multifamily Projects, Outstanding Affordable Projects, Outstanding Developer and 2023 LEED Power Builders
Single-Family Starts Edge Higher in July but Rising Rate Concerns Persist
A lack of existing inventory and solid demand helped offset rising mortgage rates and push single-family production higher in July, even as builders continue to grapple with elevated construction
Cindy Chance Named Appraisal Institute CEO
The Appraisal Institute, the nation's largest professional association of real estate appraisers, today announced that Cindy Chance has been named Chief Executive Officer. Chance joins the Appraisal Institute after successfully creating and growing the
July New Home Purchase Mortgage Applications Increased 35.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2023 shows mortgage applications for new home purchases increased 35.5 percent compared from a
Join Us at Showcase 2.0 – An Unforgettable Industry Event!
The anticipation is building as the Atlanta REALTORS® Association (ARA) and First Multiple Listing Service (FMLS) unveil Showcase 2.0, a remarkable new experience. Step into a new era of showcases and leave your expectations of traditional trade shows behind. Mark your calendars for an afternoon of insights, connections
Almost 60% of Metro Areas Posted Home Price Gains in the Second Quarter of...
Almost 60% of metro markets (128 out of 221) registered home price gains in the second quarter of 2023 as 30-year fixed mortgage rates oscillated between 6.28% and 6.71%, according
MASSIVE NEW DEPARTMENT OF LABOR DAVIS-BACON RULE MISSES THE MARK TO MODERNIZE REGULATIONS
Department of Labor Issues Final Rule on the Davis-Bacon and Related Acts Which Covers Labor Standards That Apply to Federal
Statement from NAHB Chairman Alicia Huey on Final Davis-Bacon Rule
Alicia Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., today issued the following statement after the
Mortgage Credit Availability Decreased in July
Mortgage credit availability decreased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The MCAI fell by 0.3 percent to 96.3
7 ways NeighborWorks America serves communities now
NeighborWorks America serves individuals and families by using comprehensive approaches to affordable housing and community development.
HUD SECRETARY FUDGE REITERATES COMMITMENT TO END APPRAISAL BIAS AND CREATE HOUSING OPPORTUNITIES IN...
The National Association of Real Estate Brokers (NAREB) agreed yesterday to work with the U.S. Department of Housing and Urban Development (HUD) to address appraisal bias and discrimination through education, outreach, and other activities.
New Home Sales Cool in June on Higher Mortgage Rates
Rising mortgage rates and elevated construction costs put a damper on new home sales last month.
Sales of newly built, single-family homes in June fell 2.5% to 697,000 seasonally
Home Equity Lending Volume Rose in 2022
Originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased 50 percent in 2022 compared to two years earlier. This is according to the Mortgage Bankers Association’s (MBA) Home Equity Lending Study, released
Existing-Home Sales Retreated 3.3% in June; Monthly Median Sales Price Reached Second-Highest Amount Ever
Existing-home sales slipped in June, according to the National Association of REALTORS®. Sales varied among the four major
Feenstra Helps Introduce Legislation to Construct More Affordable Housing in Rural Communities and Keep...
Last month, U.S. Rep. Randy Feenstra (R-Hull) helped introduce – alongside Rep. Mike Kelly (R-PA) – the Neighborhood Homes
Single-Family Starts Decline in June but Permits Post Solid Gain
Single-family production fell back after four straight monthly gains as elevated construction costs and rising mortgage rates led to a reduction in home building activity and affordability
EFFICIENT AND HEALTHY SCHOOLS CAMPAIGN HONORS 17 SCHOOL DISTRICTS FOR UPGRADING FACILITY HEALTH AND...
On Wednesday, June 28, the U.S. Department of Energy’s (DOE’s) Efficient and Healthy Schools Campaign celebrated the
BPC Continues Permitting Reform Series, Analyzing Linear Infrastructure?
As part of its ongoing effort to develop a suite of bipartisan policy solutions to accelerate the federal permitting processes for clean energy and other infrastructure projects, today the Bipartisan Policy Center released a paper on linear infrastructure, its second in a series on permitting.
Disaster Recovery Centers Open in Rutland, Washington Counties
Two Disaster Recovery Centers will open at 8 a.m., July 22, in Rutland and Washington counties to help residents affected by the severe storms, flooding, landslides and mudslides kickstart their
