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Existing-Home Sales Fell 3.4% in May; Median Sales Price Surpasses $400,000 for the First...
Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions.
BLM KICKS OFF GREAT OUTDOORS MONTH WITH TWO ACQUISITIONS THROUGH THE LAND AND WATER...
The Bureau of Land Management is kicking off Great Outdoors Month by finalizing two land acquisitions in Colorado and Wyoming that will unlock over 40,000 acres of previously inaccessible public land
Rising Interest Rates, Higher Construction Costs Slow Housing Production
Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market.
Share of Mortgage Loans in Forbearance Decreases to 0.85% in May
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 9 basis points from 0.94% of servicers’
NAR Applauds FHFA Equity Plan for GSEs
The Federal Housing Finance Agency (FHFA) released finalized equity plans Wednesday for Fannie Mae and Freddie Mac. According to the FHFA, the plans are intended to “address barriers experienced by renters, aspiring homeowners
Single-Family Home Building Growth Slowing in Large Suburbs
New findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show that the rate of year-over-year single-family construction growth in small
Mortgage Applications for New Home Purchases Decreased 5 Percent in May
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2022 shows mortgage applications for new home purchases decreased 5 percent compared to a year ago.
Habitat for Humanity International and Lowe’s continue partnership, announce new strategic focus to support...
For nearly two decades, Habitat for Humanity International and Lowe’s have worked together to build and improve safe
NeighborWorks America celebrates NeighborWorks Week and positive impact of empowering communities, creating housing stability
NeighborWorks Week is recognized annually during the first week
Mortgage Credit Availability Decreased in May
Mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
New York Built 185,000 Units of Multifamily Housing from 2010-2020
The NYU Furman Center released The State of New York City’s Housing and Neighborhoods in 2021 today, an annual analysis of the city’s demographics, housing markets, renters
New Research Shows Regulations Account for 40.6 Percent of Apartment Development Costs
Regulation imposed by all levels of government accounts for an average of 40.6 percent of multifamily development costs, according to new research released today
HUD EXPANDS HOUSING COUNSELING AGENCY LOCATOR TOOLS
The U.S. Department of Housing and Urban Development (HUD) announced on Tuesday the implementation of new technology providing expanded information for those seeking assistance
Second Century Ventures Opens Applications for 2023 REACH Canada Real Estate Technology Program
The Canadian arm of the REACH real estate technology scale-up program is now accepting applications for its 2023 cohort.
Confidence in Multifamily Housing Weakens in First Quarter of 2022
Confidence in the market for new multifamily housing turned downward in the first quarter of 2022, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).
Builders Fight for the American Dream During National Homeownership Month
As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging lawmakers to implement policies that will help address housing
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.
Influx of Residents to Mountain West States Impacting Economies, Lifestyles and Appraisers: Valuation...
The Mountain West states are seeing a surge of new residents — and home prices are skyrocketing. Find out how some of the most
Pending Home Sales Descend 3.9% in April
Pending home sales slipped in April, as contract activity decreased for the sixth consecutive month, the National Association of Realtors® reported. Only the Midwest region saw signings increase month-over-month, while the other three major regions
New Home Sales Down on Rising Interest Rates, Declining Affordability
In a further sign of a housing slowdown, new home sales posted a double-digit percentage decline in April, falling to their weakest pace in two years, as rising mortgage interest rates
