The long senior moment
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, began Charles Dickens in A Tale of Two Cities. This...
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...
Ginnie Mae MBS outstanding increases to $1.960 trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled slightly more than $35 billion in May.
A breakdown of May issuance includes $33.431 billion of Ginnie Mae II MBS and $1.890 billion...
In a critical victory for the multifamily industry, California voters defeat Prop 10
Statement from National Multifamily Housing Council (NMHC) CEO Doug Bibby on California Ballot Initiative Proposition 10:
“California voters sent a resounding message yesterday that rent control is not the answer to solving the housing affordability...
Holiday hitchhikers: Keeping pests out of homes this season
The holiday season, a time for family, fun and festivities, is here. If you're not careful, unwanted hitchhikers—pests—may be celebrating the holidays alongside you and your family. Orkin Pest Control has tips for keeping...
Multifamily housing construction activity slows
The Census Bureau’s new residential construction report for September showed lower multifamily housing construction activity than in recent months.
Multifamily housing permits issuance declines
The number of permits issued for buildings with 5 or more units...
Residential construction spending reported down in October
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in October was down 0.5 percent from the revised level of the month before. However, spending was...
Builder confidence stays at healthy level in July
Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
"Consumer demand for single-family homes is holding strong...
Soaring construction costs drop housing affordability to lowest level in a decade
Supply-chain bottlenecks that put upward pressure on home prices along with rising interest rates contributed to housing affordability falling to a 10-year low. And ongoing production challenges and the likelihood of higher interest rates in the months...
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 awards nearly $20 million to support homeless programs in Puerto Rico and US...
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $20 million to support to dozens of local homeless housing and service programs in Puerto Rico and the U.S. Virgin Islands. The Continuum...
Cautious optimism for builders in February
Two consecutive solid monthly gains for builder confidence, spurred in part by easing mortgage rates, signal that the housing market may be turning a corner even as builders continue to contend with high construction...
Rents fall in December
The latest rent reports from Yardi Matrix and Apartment List continue to show declining rents for the country as-a-whole. However, they both also show wide variations in results between different metro areas.
Rent slide continues...
Multifamily construction spending stalls in May
The Census Bureau’s latest report on construction spending shows that the value of residential construction put in place in May was up 0.2 percent from the revised level of the month before. Residential construction...
Rents continue their downward slide into April 2018
Bucking last year’s trends, national median one-bedroom rent prices continue their downward trend into April. In 2017, April marked the beginning of a hot summer market. But in 2018, following five months of increases...
