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MBA Inaugural Study: Modest Growth Anticipated in Home Equity Lending
Home equity loan debt outstanding and borrower utilization rates declined in 2018, and mortgage lenders anticipate mixed activity this year and only modest increases in originations in 2020.
Pending Home Sales Decline 2.5% in July
Pending home sales fell in July, reversing course on two consecutive months of gains, according to the National Association of Realtors®. Of the four major regions, each reported a drop in contract activity, although the greatest decline came in the West
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 23, 2019.
July Construction Unemployment Rates Remain Low, Though Not as Low as a Year Ago,...
In July, estimated not seasonally adjusted construction unemployment rates rose nationally and in 38 states, fell in eight states and remained unchanged in four on a year-over-year basis, according to an analysis of U.S. Bureau of Labor
Home Construction Slowing in Manufacturing Areas
In a possible sign of economic softening in the industrial heartland, home construction in the nation’s major manufacturing areas registered declines on a year-over-year basis in the second quarter of 2019
Appraisal Institute, Fannie Mae Join Forces to Foster Diversity in Valuation Profession
The Appraisal Institute is partnering with Fannie Mae to promote appraisal careers and to foster diversity in the valuation profession, the nation’s largest professional association of real estate appraisers announced today.
CONSTRUCTION EMPLOYMENT INCREASES IN 40 STATES AND D.C. FROM JULY 2018 TO JULY 2019,...
Forty states added construction jobs between July 2018 and July 2019, while construction employment increased in 25 states from June to July, according to an analysis by the Associated General Contractors of America of Labor Department
Interactive Exhibit “Undesign the Redline” Explores History of U.S. Housing Policy, Race, Segregation and...
Enterprise Community Partners, Designing the WE, City Life/Vida Urbana and Jamaica Plain Neighborhood Development Corporation present the exhibit and related programming through December
Community and Environmental Organizations Push Michigan Public Service Commission to Reject DTE’s Long-Term Energy...
Environmental and community organizations today are calling for Michigan’s Public Service Commission to reject the proposed long-term energy plan from DTE following testimony from experts revealing how DTE’s plan
Community Development and Wealth Building Are Front and Center for Capital Impact in the...
In the first two quarters of 2019, Capital Impact Partners’ activities aimed to build the power of our community members by leveraging their community assets alongside our flexible capital and capacity building.
Bath Planet and Habitat for Humanity enter national partnership
Acrylic bath remodeling company Bath Planet is donating $250,000 in bath tubs, showers and associated bath accessory products to Habitat for Humanity as part of a new partnership that will help support the construction of Habitat homes across the country
Apartment and Condominium Market Bounces Back to Positive Territory in Second Quarter
Confidence in the market for new multifamily housing improved in the second quarter of 2019, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).
Commercial/Multifamily Borrowing Increased 10 Percent in the Second Quarter
Commercial and multifamily mortgage loan originations were 10 percent higher in the second quarter compared to a year ago, and rose 29 percent from the first quarter of 2019, according to the Mortgage Bankers Association's (MBA) Quarterly Survey
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 16, 2019.
Curbio Named Winner at NAR’s Second Annual iOi Summit Pitch Battle
The National Association of Realtors® announced that Curbio, a presale renovation technology startup company, won the Pitch Battle at NAR’s second annual Innovation, Opportunity & Investment (iOi) Summit in Seattle
Existing-Home Sales Climb 2.5% in July
Existing-home sales strengthened in July, a positive reversal after total sales were down slightly in the previous month, according to the National Association of Realtors
Trump Administration’s Proposal to Dismantle Core Civil Rights Protections Would Fuel Housing Discrimination
The U.S. Department of Housing and Urban Development (HUD) today released a proposed rule that would upend the longstanding legal standard of disparate impact and effectively
Trump Administration is Making Housing Discrimination Great Again
Vanita Gupta, president and CEO of The Leadership Conference on Civil and Human Rights, issued the following statement on the Department of Housing and Urban Development’s proposed rule to amend
NFHA and Other Civil Rights Leaders Fight Trump’s Attempt to Gut Core Civil Rights...
Trump’s Department of Housing and Urban Development publishes proposed rule that would expose people of color, women, immigrants, families with children, people of faith, LGBTQ people, people with disabilities
Single-Family Starts Continue Modest Improvement in July
Due to a decline in multifamily production, total housing starts fell 4 percent in July to a seasonally adjusted annual rate of 1.19 million units from a downwardly revised reading in June