MBA forecasts slight decline for commercial/multifamily originations in 2018
The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will decline slightly in 2018, ending the year at $519 billion, down two percent from the 2017 volumes. MBA expects volumes to remain...
New research on rent control confirms negative economic, social impacts
Rent control policies are laws that cap rents and are usually implemented with the stated purpose of improving housing affordability. In fact, they may do just the opposite, according to an in-depth review of...
Maytag Commercial Laundry offers a look at new multi-load washer production line
As part of the 59th Maytag Commercial Laundry Meeting in Fall River, Massachusetts,150 people gathered today including Fall River Mayor Jasiel Correia; City Councilman Cliff Ponte; and Bristol County Chamber of Commerce Manager of Business...
Water efficiency upgrades save multifamily housing providers $20,500 per property
A new study from Enterprise Community Partners (Enterprise) and Elevate Energy shows how affordable housing owners can save money, conserve resources and strengthen the long-term viability of their portfolios. The report found that smart...
Bathrooms overtake kitchens as most popular remodeling project, according to NAHB survey
Bathrooms overtook kitchens as the most popular remodeling project, according to a new survey released by the National Association of Home Builders (NAHB). NAHB released the survey results, which highlight the most common remodeling projects, to kick...
HUD reaches agreements with Florida, Virginia and California landlords settling claims of sexual harassment...
Today, the U.S. Department of Housing and Urban Development (HUD) announced three settlements of claims involving allegations of sexual harassment totaling approximately $125,000 in relief for complainants. The Fair Housing Act makes it illegal to...
New grant program will provide up to $1.6 million to Texas nonprofits to accelerate...
Nonprofits providing critical home repairs and other housing assistance to low-income Texas families affected by Hurricane Harvey can apply for grants from a new program launching this week. The Housing and Economic Assistance to Rebuild Texas...
2018’s best large cities to start a business
With April 29 kicking off National Small Business Week and sweeping business tax reform recently signed into law by President Donald Trump, the personal-finance website WalletHub today released its report on 2018’s Best Large...
CPC, Nyack Point Apartments LP, Rockland Housing Action Coalition and Partners open the doors...
The Community Preservation Corporation (CPC), Nyack Point Apartments LP, Rockland Housing Action Coalition (RHAC), the County of Rockland, Federal Home Loan Bank, NYS Housing and Community Renewal, NYS Housing Trust Fund Corporation, First Sterling...
April NMHC quarterly survey shows greater supply improving affordability
Apartment market conditions were uneven, according to results from the April National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The Market Tightness (38), Sales Volume (43) and Debt Financing (36) Indexes...
Secretary Carson proposes rent reform
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today unveiled a package of reforms designed to offer Public Housing Authorities (PHAs), property owners and HUD-assisted families a simpler, less invasive and more transparent...
New poll shows Americans love their yards and enjoy making them backyard ready
According to new research conducted by Harris for the Outdoor Power Equipment Institute, the American love affair with the living landscape continues. This research about preferences regarding the family yard is important for Realtors...
2018 Small Biz Week survey and best business credit cards and bank accounts
With National Small Business Week starting on Sunday, the personal-finance website WalletHub today released the results of its 2018 Small Business Owner Survey as well as editor’s picks for 2018’s best business credit cards and...
New home sales rise 4 percent in March
Sales of newly built, single-family homes rose 4.0 percent in March to a seasonally adjusted annual rate of 694,000 units after an upwardly revised February report, according to newly released data by the U.S. Department of Housing...
HUD and Census Bureau report new residential sales in March 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for March 2018: New Home Sales Sales of new single-family houses in March 2018...
