Thursday, May 2, 2024

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Professional builders partner with Habitat for Humanity for nationwide Home Builders Blitz, presented by...

To support Habitat for Humanity’s work in local communities throughout the U.S., professional builders in 31 states will work alongside nearly 250 Habitat homeowners to build or repair a place they can call home during Habitat’s nationwide Home Builders Blitz, June 6-10

Top Purchase Markets for Millennial Homebuyers, According to NAR

A flurry of financial obstacles and lifestyle choices are stalling the journey to homeownership for many young adults, but becoming a homeowner is currently more feasible in some less expensive metro areas with steady job growth and lower qualifying incomes needed to buy, according to new research by the National Association of Realtors

Mortgage Credit Availability Decreases in May

Mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.

ULI to Advise Broward County on Transforming Arena Site in Sunrise into Dynamic Destination...

Next week, a panel of nationally renowned land use and urban development  experts convened by the Urban Land Institute (ULI) will visit Broward County to advise county and city officials on how to transform the Arena Site in western Sunrise into a dynamic destination that catalyzes economic development in the area, and compliments the existing sports and entertainment facility, surrounding neighborhoods, and established and future businesses. ULI is a multi-disciplinary research and education institute dedicated to responsible land use and the creation of thriving communities worldwide.

MBA Welcomes 19 New Members

The Mortgage Bankers Association (MBA) announced that in April of 2016 it welcomed 19 new regular members to its ranks, which currently numbers more than 2,200 member companies

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 27, 2016.

South Tail Water Site at Tippy Dam Temporarily Closed for Construction Project June 15...

Consumers Energy is replacing the wood stairs at the South Tail Water at Tippy Dam, and the site will be temporarily closed while the work is performed from June 15 to 30

Builders Call for End to Regulatory Overreach During National Homeownership Month

As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders continue to demand affordable housing for all Americans, calling for sensible reforms to burdensome regulations that increase the cost of housing.

Community Groups Call for Recapitalization of GSEs and End to Dividend Payments to U.S....

NCRC together with other consumer groups, homebuilders and small lenders sent a letter to Mel Watt, Director of the Federal Housing Finance Agency, expressing concern that the capital buffers of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will soon be depleted as a result of the Preferred Stock Purchase Agreements between the FHFA and the U.S. Department of Treasury. The letter calls for Watt to suspend the GSEs’ dividend payments to the Treasury Department and to establish a plan for their recapitalization.

Academy for Healthcare Infrastructure Calls for Presenters at 2017 Forum

The National Institute of Building Sciences Academy for Healthcare Infrastructure (AHI) is beginning to prepare its program for the2017 AHI Forum, to be held Wednesday, January 11, 2017, as part of Building Innovation 2017: The National Institute of Building Sciences Fifth Annual Conference and Expo at the Mandarin Oriental in Washington, D.C. Building on the overall Conference theme, the Forum theme is Creating a High-Performing Environment for Healthcare.

First OSCC Webinar Will Look at Getting the Most Out of Off-Site Construction

The National Institute of Building Sciences Off-Site Construction Council (OSCC) is launching a new webinar series designed to share knowledge and improve industry efficiency, productivity and speed to market through the use of pre-fabrication and off-site construction.

NAHMA Pays Tribute to Developers and Managers of High-Quality Affordable Housing

The National Affordable Housing Management Association (NAHMA) announces the winners of its annual Affordable Housing Vanguard Awards. These awards recognize newly developed or significantly rehabbed affordable multifamily housing communities that showcase high-quality design and resourceful financing.

Statement from NAHB Chairman Ed Brady on Supreme Court Wetlands Decision

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding the Supreme Court’s unanimous decision in the case of Army Corps of Engineers v. Hawkes Co. Inc.

ABA Celebrates Housing Choices, American Housing Month

In recognition of American Housing Month, the American Bankers Association Foundation and banks across the country are offering consumers valuable housing information throughout the month of June. The ABA Foundation will provide renters and homeowners with tips for choosing the right home, saving for a down payment and preparing a senior to ‘age in place.’

Representative McCarthy Introduces Moving to Work Expansion Bill

House Majority Leader Kevin McCarthy (R-CA) introduced April 29 The Moving to Work Reformation and Expansion Act of 2016, H.R. 5137, which would remove the cap on the number of public housing agencies (PHAs) that can participate in Moving to Work (MTW) and change the status of MTW from a demonstration to a program. H.R. 5137 also would authorize HUD to provide technical assistance to PHAs participating in MTW and evaluate housing reforms undertaken by MTW participants to identify replicable program models

Smart Homeowners Providing Opportunities For Smart Workers

In today's economy, information travels quickly. With that fast movement of news, many consumers are much more active in managing their financial situations. Nowhere is that truer than with mortgages. Whereas previous generations simply locked in a rate and made their payments for 360 months, today's homeowner expects more.

Tom Kimbis Named Interim President of SEIA

Tom Kimbis, general counsel and vice president of executive affairs for the Solar Energy Industries Association (SEIA), will serve as the association’s interim president starting June 1, SEIA’s leadership announced today

Lot Shortages Worse Than Ever According to NAHB Survey

Lot availability hit a record low according to new data from the National Association of Home Builders (NAHB). Sixty-four percent of builders responding to special questions in the May NAHB/Wells Fargo Housing Market Index reported that the supply of lots in their markets was “low” or “very low”—up from 62 percent last year, and the highest that number has been since NAHB began collecting this data in 1997

NAHB Now Accepting Applications for 2017 Best of 55+ Housing Awards

The National Association of Home Builders (NAHB) 55+ Housing Industry Council is now accepting applications for the 2017 Best of 55+ Housing Awards, which honor excellence in building, design, marketing and lifestyle of housing for boomers. A panel of industry professionals will judge entries in 45 award categories, including Best 55+ Detached Home, Best 55+ Affordable Rental Community, Best 55+ Recognition of Sustainable Features and Best 55+ Lifestyle Program, among others

Apartment and Condominium Market Remains Steady in the First Quarter

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB) remained essentially unchanged in the first quarter of 2016 after rising one point to 53. This is the 17th consecutive reading of 50 or above.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

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.

Recent Gov & Nonprofit Real Estate Press Releases

Congresswoman Linda Sánchez

Sánchez delivers $850,000 to Santa Fe Springs for Slauson Avenue improvement

On Saturday, President Biden signed into law the Consolidated Appropriations Act of 2024, a package of six domestic funding bills focused on lowering costs for families and creating good