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Workers sue one of the nation’s largest home remodeling companies for failure to pay...
Four former employees of Homefix filed a collective- and class-action lawsuit on Wednesday, April 24, against the home remodeling company, the 18th largest in the nation, for unpaid wages and racial discrimination. They allege that that Homefix did not pay them minimum or overtime wages and sometimes did not pay them at all. They also allege that the company segregated them by race in the neighborhoods where they were assigned to work
U.S. Economic Growth Crosses 3% Threshold to Begin the Year, Says ABC
The U.S. economy expanded at an annualized 3.2% rate during the first quarter of 2019, according to an Associated Builders and Contractors assessment of data released today by the U.S. Bureau of Economic Analysis. The pace of growth exceeded expectations, as many economists predicted growth would be closer to 2.5%.
Report: Public Housing is a Key Element in Sustaining New York City’s Racial and...
A new fact brief published by the NYU Furman Center outlines the critical role that the public housing plays in preserving racial, ethnic, and economic diversity in the city’s gentrifying and higher-income neighborhoods. The brief builds on previous work by the NYU Furman Center outlining
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 19, 2019.
Norton to Host Press Conference with Mayor Bowser and National Organizations to Defend D.C....
The office of Congresswoman Eleanor Holmes Norton (D-DC) today announced that Norton will host a press conference with District of Columbia Mayor Muriel Bowser and a coalition of national and local organizations to protect D.C.’s local laws during the upcoming fiscal year 2020 appropriations process this Friday
Statement from NAHB Chairman Greg Ugalde on Rep. Waters Housing Bill
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement on House Financial Services Chairwoman Maxine Water’s housing bill
Lower Interest Rates Help Boost March New Home Sales
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 692,000 units in March after a slightly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Leading Real Estate Photography Firms Form Association
Leading real estate photography companies have joined together to form the nation’s first trade group for real estate photographers. The Association of Real Estate Photographers (AREP)
37 Affordable Apartment Homes with Supportive Services Open in Ukiah
Thanks to a committed collaboration among nonprofits, local government and private funders, 37 people with mental illness who were formerly homeless or at risk will live in a new community that will offer tailored mental health services
Housing Starts Decline in March
Total housing starts fell 0.3 percent in March to a seasonally adjusted annual rate of 1.14 million units from a downwardly revised reading in February, according to a report from the U.S. Housing and Urban Development a
National Housing Conference statement on HUD’s undocumented immigrant policy
The National Housing Conference (NHC) strongly opposes recent moves by the Department of Housing and Urban Development (HUD) to issue a proposed rule that would divert limited public housing resources towards
Realtors® Report Value in Promoting Green Features in Both Residential and Commercial Listings
With Earth Day right around the corner, members of the National Association of Realtors® are doubling down on their commitment to promote environmentally friendly home features
Existing-Home Sales Slide 4.9% in March
Existing-home sales retreated in March, following February’s surge of sales, according to the National Association of Realtors®. Each of the four major U.S. regions saw a drop-off in sales
Construction Contractors Confidence Strong in February, Says ABC
Construction industry leaders remained confident regarding nonresidential construction prospects in February 2019, according to the latest Construction Confidence Index released by Associated Builders and Contractors today
CONSTRUCTION EMPLOYMENT INCREASES IN 38 STATES FROM MARCH 2018 TO MARCH 2019 WHILE 29...
Thirty-eight states added construction jobs between March 2018 and March 2019, while construction employment increased in 29 states between February and March, according to an analysis by the Associated General Contractors of America
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. — (RealEstateRama) — Mortgage applications decreased 3.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications...
Remodelers’ Confidence Falls Three Points in First Quarter of 2019
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 54 in the first quarter of 2019, falling three points from the previous quarter. The RMI has been consistently above 50—indicating that more remodelers report market activity is higher compared
ABC Members Invest $1.6 Billion in Workforce Development Annually, New Survey Finds
According to the results of Associated Builders and Contractors’ 2019 Workforce Development Survey, ABC members invested $1.6 billion to educate their employees in 2018, up from $1.1 billion in 2013.
POAH, Housing and YMCA Foundations will Preserve Senior Housing in Chicago and Harvey, IL
Preservation of Affordable Housing (POAH) announced today that it is acquiring six senior housing facilities financed by HUD and previously or currently owned by YMCA Foundation entities.
Phoenix Home to 31,000 Dreamers and TPS/DED Holders Eligible for the Dream and Promise...
As Congress prepares to debate H.R. 6, the American Dream and Promise Act, a new Center for American Progress analysis provides estimates on the local impact of Dreamers and Deferred Enforced Departure (DED) and Temporary Protected Status (TPS) recipients
