HUD and Census Bureau report new residential sales in January 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 January 2018:
New Home Sales
Sales of new single-family houses in January 2018...
Tax Day: Hoteliers call for more transparency and oversight in taxing Airbnb
The American Hotel and Lodging Association (AHLA) called on state and local government leaders on National Tax Day, to start taxing Airbnb and other short-term rental sites with the same oversight and transparency as...
HUD nominee Marcia Fudge to push for rental assistance, affordable housing amid coronavirus crisis
If confirmed as secretary of housing and urban development, Rep. Marcia L. Fudge (D-Ohio) will confront the immediate challenge of keeping millions of Americans from losing their homes amid the coronavirus pandemic, while also...
Sponsored: The Grand Reopening: A New Wave of Renters is Coming
Waves on the beach aren’t the only thing making a splash this summer. There’s a surge of renters about to pack up and move to new apartments. A recent Apartments.com survey of over 35,000...
HUD and city of Houston reach fair housing agreement
The U.S. Department of Housing and Urban Development (HUD) and the City of Houston today announced a joint agreement designed to expand housing choice and mobility for lower income residents, including those experiencing homelessness...
MBA Education announces first-of-its-kind compliance certificate
The Mortgage Bankers Association (MBA) announced today it would begin to offer Level I of the new Certified Mortgage Compliance Professional (CMCP) designation, the only certification and designation program geared exclusively towards compliance professionals...
Rising rents push Millennials to become homeowners
Forty-four percent of all respondents are looking for a three-bedroom home; 93 percent want at least two bathrooms
Twenty-three percent of millennials reported rising rent as a trigger for their purchase
More than...
Secretary Carson kicks off Envision Center demonstration
U.S. Housing and Urban Development (HUD) Secretary Ben Carson traveled to his hometown of Detroit today to announce the first round of ‘EnVision Center’ designations in 17 communities around the nation. One of Secretary...
Evergreen Real Estate Group wins Urban Land Institute Chicago 2018 Vision Award for Aurora...
Evergreen Real Estate Group today announced that Aurora St. Charles Senior Living, the developer’s recently completed senior housing community in Aurora, Ill., has been named the recipient of an Urban Land Institute (ULI) Chicago...
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...
2024 NMHC/Grace Hill Renter Preferences Survey reveals what renters want
The National Multifamily Housing Council and Grace Hill Renter Preferences Survey for 2024 reveals renters’ evolving priorities and sentiments around rental housing and how much they are willing to pay for them....
Rental vacancy rate rises despite renter households up 52k
The Census Bureau released its quarterly report on home ownership and occupancy for Q3. It stated that the rental housing vacancy rate was 6.6 percent, up from a level of 6.3 percent in Q2...
Growing demand and construction costs lead universities to get creative
Quality student housing and other amenities have proven to be key considerations for attracting and retaining top students at colleges and universities. As the cost of construction and need for financial subsidies both increase,...
GSEs dominate growth in multifamily mortgages outstanding in Q4
A Mortgage Bankers Association (MBA) report shows that the growth in multifamily mortgage debt outstanding in Q4 2023 was down from that in Q3. This is very different from the usual annual pattern where...
Builder confidence slips two points as lumber prices soar
Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The decline was due in large part to sharply...
