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Single-Family Starts Post Double-Digit Percentage Gain in 2021
While single-family starts dipped in December due to ongoing supply-side challenges, they still managed to post double-digit gains in 2021. Overall housing starts increased 1.4% in December
Atlanta REALTORS® Releases December 2021 Statistics on Housing Market
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its December 2021 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties.
December New Home Purchase Mortgage Applications Decreased 7.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2021 shows mortgage applications for new home purchases decreased 7.1 percent
TENANTS & NEIGHBORS STATEMENT ON GOVERNOR HOCHUL’ FY 2022-2023 EXECUTIVE BUDGET
NYS Tenants & Neighbors released the following statement in response to Governor Hochul’s Executive Budget proposal. While we acknowledge Governor Hochul’s commitment to guiding our state through pandemic recovery, her Executive Budget fails to include comprehensive investments to end the homelessness crisis and ensure low and middle income New Yorkers have access to affordable housing.
New Appraisal Institute Dictionary Updated to Advance Appraisers’ Knowledge
"The Dictionary of Real Estate Appraisal," seventh edition, published this week by the Appraisal Institute, is a landmark text that reflects the depth and breadth of appraisal knowledge.
Is a Career In Real Estate Right For You?
A career in real estate is something many Canadians have considered, and with good reason. In Ontario, the average income for real estate agents is $100,000, with an average entry-level income of $75,000. However, the obvious appeal of real estate means it is a highly competitive field, with Canada having 108,000 agents, implying one in every 245 people over the age of 19 is following the same career path.
FHA EXPANDS REAL-ESTATE OWNED PROPERTY PURCHASE OPPORTUNITIES FOR OWNER-OCCUPANT BUYERS
The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain
Mortgage Credit Availability Increased in December 2021
Mortgage credit availability increased in December 2021 according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA)
CONSUMER ALERT: NYS DIVISION OF CONSUMER PROTECTION WARNS NEW YORKERS OF CARBON MONOXIDE AND...
The New York State Division of Consumer Protection today issued a consumer alert about the dangers of carbon monoxide and fire hazards in extreme cold weather. The winter months pose the most risk for these hazards—as the temperatures drop, consumers may turn to dangerous heating alternatives to stay warm. Propane heaters, generators, space heaters and/or outdoor grills all pose lethal risks of carbon monoxide poisoning and fire hazards when used improperly
MATERIALS PRICES SOAR 20 PERCENT IN 2021 DESPITE MODERATING IN DECEMBER; MOST CONTRACTORS IN...
Construction Officials Say Biden Administration's Plan to Double Tariffs on Canadian Lumber, Leave Other Ones in Place
CONSTRUCTION FIRMS FORESEE GROWING DEMAND FOR MOST TYPES OF PROJECTS, AS 74 PERCENT OF...
New Industry Outlook Shows Contractors Expect a Boost from the Bipartisan Infrastructure Bill and Broad-Based Private-Sector
RAINBOW HOUSING ASSISTANCE CORPORATION EXPANDS PARTNERSHIP WITH RELATED AFFORDABLE TO BRING CUSTOM SERVICES TO...
Residents at Winter Gardens and Park Place Apartments in St. Louis Can Now Benefit from a Library of Services including Fitness and Computer Training that are Complementary to the Properties’ Recent Renovations
NAHB Announces Finalists for Best of IBS™ Awards
The National Association of Home Builders (NAHB) has announced the finalists for its ninth annual Best of IBS™ Awards for the 2022 NAHB International Builders’ Show® (IBS) in Orlando.
Construction Group to Release 2022 National and State* Hiring and Business Forecast for Commercial...
Forecast Provides Insight into Contractors' Plans to Hire, Invest in New Equipment and Technology, What Types of Construction Projects will be in Demand During 2022
Justice Department Awards $34 Million to Support Community Crisis Response
The Department of Justice’s Office of Justice Programs (OJP) today announced grant awards totaling $34 million to help communities address crises involving homelessness, mental health and substance use disorders, and other public health
Pending Home Sales Subside 2.2% in November
Pending home sales slipped in November, receding slightly after a previous month of gains, according to the National Association of Realtors®. Each of the four major U.S. regions witnessed contract transactions decline month-over-month.
MBA Loan Monitoring Survey: Share of Mortgage Loans in Forbearance Decreases to 1.67 Percent
The Mortgage Bankers Association's (MBA) new monthly Loan Monitoring Survey revealed that the total number of loans now
New Home Sales Jump in November on High Consumer Demand
New home sales posted a solid gain last month, driven by strong buyer demand, low existing home inventory and buyers' anticipation of future higher mortgage rates. Sales of newly built, single-family homes in November rose 12.4% to a 744,000
Existing-Home Sales Continue Upward, Increasing 1.9% in November
Existing-home sales rose in November, denoting three consecutive months of increases, according to the National Association of Realtors®. Three of the four major U.S. regions reported growth in monthly sales, while the fourth region
TWO OUT OF THREE METRO AREAS ADD CONSTRUCTION JOBS FROM NOVEMBER 2020 TO NOVEMBER...
Sacramento--Roseville--Arden-Arcade, Calif. and Sioux Falls, S.D. Score the Largest 12-Month Increases; Nassau County-Suffolk County, N.Y. and Evansville, Ind.-Ky.
