Homeownership Is Primary Driver of U.S. Household Wealth
As the nation's home builders celebrate National Homeownership Month in June, new research shows a household's primary residence is its largest asset and continues to provide an important building block for long-term financial security. The latest edition of...
Secretary Carson kicks-off national healthy homes month
June is National Healthy Homes Month. This year, the U.S. Department of Housing and Urban Development (HUD) is focused on protecting current and future generations of children from exposure to lead-based paint hazards in...
HUD approves agreement between Nevada real estate companies and applicant resolving claims of disability...
The U.S. Department of Housing and Urban Development (HUD) announced today that it has approved a Conciliation Agreement between Delta House Investments, LLC in Reno, Nevada, and Premier Realty, Inc., of Carson City, Nevada,...
Multifamily builders and developers remain positive about the apartment and condo market as demand...
Confidence in the multifamily housing market remained positive in the first quarter of 2018, according to the Multifamily Production Index (MPI) and the Multifamily Vacancy Index (MVI) released today by the National Association of Home Builders (NAHB)....
Equifax survey highlights biggest pain points for property managers in today’s rental marketplace
Today’s property management processes are often burdened with many common issues and inefficiencies, and nearly 95 percent of landlords and property managers are experiencing pain points in their standard practices, according to a recent...
Somerset Development, Jonathan Rose Companies and NCP celebrate opening of Portner Fflats affordable housing...
A joint venture of Somerset Development Company (Somerset), New Community Partners (NCP) and Jonathan Rose Companies (JRCo) joined with community and elected officials to celebrate the grand opening of Portner Flats, a new 96-unit...
HUD charges two Ohio companies with discriminating against residents with disabilities
The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged two Ohio corporations, Epcon Communities, Inc., and Epcon Communities Franchising, Inc. (Epcon), with housing discrimination for failing to design...
Housing production drops 3.7 percent but remains near post-recession high
Total housing production fell 3.7 percent in April to a seasonally adjusted annual rate of 1.29 million units after an upwardly revised March reading of 1.34 million, according to newly released data from the U.S. Department of...
HUD announces $10 million in “sweat equity” grants
The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in "sweat equity" grants to four non-profit self-help housing organizations which will create at least 535 affordable homes for hard-working, low-income...
Builder confidence climbs to 70 in May
Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....
NAHB now accepting applications for multifamily Pillars of the Industry Awards competition
The National Association of Home Builders (NAHB) opened its general call for entries for the Multifamily Pillars of the Industry Awards competition. Multifamily owners and developers, builders, property managers, architects, interior designers and multifamily industry professionals are invited...
HUD approves agreement resolving allegations of housing discrimination involving two California apartment complexes
The U.S. Department of Housing and Urban Development (HUD) today announced it has approved a Conciliation Agreement between the Fair Housing Council of Riverside County (FHCRC) and the owners and property managers of Sierra...
Rising incomes boost housing affordability in first quarter of 2018
Strong wage growth more than offset an increase in mortgage interest rates to boost nationwide housing affordability in the first quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI)...
Related Midwest marks installation of final steel beam at One Bennett Park in Downtown...
Developer Related Midwest and general contractor Lendlease this week marked the completion of structural steel work at One Bennett Park, Related’s ultra-luxury residential development at 451 E. Grand Ave. in Chicago’s Streeterville neighborhood. Designed...
Builder confidence in the 55+ housing market remains healthy in first quarter
Builder confidence in the single-family 55+ housing market dropped five points to 66 in the first quarter of 2018, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. The decline...
