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Pending Home Sales Slid 4.0% in November
Pending home sales slid for the sixth consecutive month in November, according to the National Association of REALTORS®. All four U.S. regions recorded month-over-month decreases, and all four regions saw year-over-year declines in transactions.
MBA Statement on FHFA’s Enhancements to the GSEs’ Radon Standards for Multifamily Properties
MBA President and CEO Bob Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement of its enhancements to Fannie Mae’s and Freddie Mac’s
MHP acquires Rollingwood Apartments, preserves affordable housing along Purple Line with support from Amazon,...
MHP today announced it has acquired Rollingwood Apartments, preserving 283 units of critically needed affordable housing that was at risk of being lost, along the future Purple Line in Montgomery County. The Amazon Housing Equity Fund’s (Amazon) $28 million below market loan and financial support from Montgomery County played an instrumental role in this transaction.
CONSTRUCTION ASSOCIATION AND COALITION OF EMPLOYER GROUPS FILES SUIT TO BLOCK BIDEN ADMINISTRATION’S UNLAWFUL...
Associated General Contractors of America Partners with Other Groups in Challenging Rule's Unlawful Effort to Regulate Large
AARP Accepting 2023 Community Challenge Grant Applications
AARP invites local eligible organizations and governments across the country to apply for the 2023 AARP Community Challenge grant program, now through March 15 at 5:00 p.m. Eastern.
Builder Confidence Uptick Signals Turning Point for Housing Lies Ahead
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs
Total Commercial and Multifamily Borrowing and Lending Expected to Fall to $700 Billion in...
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion.
CONSTRUCTION ADDS 28,000 EMPLOYEES IN DECEMBER AND RAISES PAY 6.1 PERCENT AS SECTOR’S UNEMPLOYMENT...
Association Survey Finds Contractors Optimistic about Adding Workers in 2023 But Worried about Finding Enough Workers to Fill
$2M in Kansas Home Loan Guarantee funds to help lenders, homeowners finance rural Kansas...
Purchasing a home in rural Kansas just got easier, thanks to a new initiative launched by Kansas Housing Resources Corporation (KHRC). The Home Loan Guarantee (HLG) for Rural Kansas helps existing and prospective homeowners in rural counties finance home loans for land and building purchases, renovations, or new construction costs
GCAAR housing stats | November ‘22
The regional median sold price for residential properties for November was $575,000, representing an increase of 0.9% compared to last month and a decrease of 0.9% from November 2021.
BLM EXTENDS PUBLIC SCOPING PERIOD FOR THE COPPER RAYS SOLAR PROJECT ENVIRONMENTAL IMPACT STATEMENT...
Bureau of Land Management has extended the public scoping period for the Copper Rays Solar Project Environmental Impact Statement and Resource Management Plan Amendment after receiving several requests due to concerns about the scoping period overlapping several major holiday periods.
Pending Home Sales Declined 4.6% in October
Pending home sales slid for the fifth consecutive month in October, according to the National Association of REALTORS®. Three of four U.S. regions recorded month-over-month decreases, and all four regions recorded year-over-year declines
Last Chance To Order 2023 NAHMA Drug-Free Kids Calendars Before New Year
This is your last chance to order 2023 National Affordable Housing Management Association (NAHMA) Drug-Free Kids calendars before the new year. They are so affordable you can give them to residents, colleagues, friends, and family. Download the order
Multifamily Developer Confidence Declines Significantly in the Third Quarter
While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs and challenging affordability conditions.
Habitat for Humanity’s corporate partners to support affordable housing this holiday season
Throughout the 2022 holiday season, several Habitat for Humanity corporate partners are coming together to support the organization’s mission of building homes, community and hope
Registration Now Open for the AGC’s 2023 Annual Convention (March 13,-16, 2023 – Wynn...
There isn’t a better year to bring your team to AGC of America’s Annual Convention than when we’re in Vegas! That’s because each registration gives you FREE access to the nearby CONEXPO-CON/AGG – the largest construction trade show in North America.
Michael Fischer and Kelly Guin Thrash Installed as President, President-Elect of the Atlanta REALTORS®...
Michael Fischer, Associate Broker at Ansley Real Estate, was installed as the 98th President of the Atlanta REALTORS® Association (ARA) on December 15th at ARA's Annual Business Meeting and Awards Ceremony held at the Cherokee Town Club of Buckhead. Kelly Guin Thrash, REALTOR® with Atlanta Fine Homes Sotheby's International Realty, was named President-Elect.
Craig Steinley to Become President of Appraisal Institute on Jan. 1
Craig Steinley, MAI, SRA, AI-GRS, AI-RRS, of Rapid City, South Dakota, will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation's largest
Only 25 percent of Kansas Homeowner Assistance Funds remain
The Kansas Homeowner Assistance Fund (KHAF), a federally funded, temporary emergency program to support homeowners experiencing hardship during the COVID pandemic, has dispersed 75 percent of program funds. Since the program launched in April 2022, KHAF has provided $34,946,068 to 3,151 households.
Commercial and Multifamily Mortgage Delinquency Rates Remain Low in Third Quarter 2022
Commercial and multifamily mortgage delinquencies remained low in the third quarter of 2022, according to the Mortgage
