HUD awards record $28 billion to help hard-hit areas in nine states, Puerto Rico...
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $28 billion to support long-term disaster recovery in hard-hit areas in nine states, Puerto Rico and the U.S. Virgin Islands. These funds...
HUD, VA team up to help homeless veterans find permanent homes
In a continued effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $43 million to 325 local public housing...
What Friday’s U.S. jobs report means: Interest rates, GDP, and labor force participation
Two economists from California made the following comments regarding this coming Friday’s U.S. Bureau of Labor Statistics’ non-farm payrolls employment report for March: Robert Eyler, Board Member of Redwood Credit Union and Economist at Sonoma...
Gender and generational differences drive increased late bill payment and debt collection activity
In celebration of Financial Literacy Month, the National Foundation for Credit Counseling (NFCC) has released its 11th annual Consumer Financial Literacy Survey. This year’s survey, conducted online by Harris Poll in March 2018 among...
NAHB study shows steady gains in construction employment, but levels remain below peak
A new construction employment analysis from the National Association of Home Builders (NAHB) shows that 9.8 million people worked in construction in 2016, and more than 3.8 million of them worked in residential construction. These numbers reflect...
Rents rise in March but overall multifamily growth stays dormant
The average national apartment rent was up for the first time since summer 2017 in March, according to data reported by Yardi Matrix, recording an increase of $4 to $1,371. But the uptick does not...
NAA celebrates National Apartment Housing Month
The National Apartment Association is celebrating National Apartment Housing Month this April as well as Residential Property Management (RPM) Careers Month. Join NAA, its members, affiliates and supplier partners across the country as we celebrate...
Millennials leading the growth of new home buyers
As the housing industry celebrates New Homes Month in April, recent data from the Census Bureau confirms that millennials are increasingly entering the housing market as first-time buyers. The homeownership rate of millennials--now at 36 percent--registered the largest...
HUD commemorates Fair Housing month and 50 years of the Fair Housing Act
Nearly 50 years ago, President Lyndon Johnson signed the Civil Rights Act of 1968 and fair housing became law. In signing the landmark measure, President Johnson declared, “Now, with this bill, the voice of...
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...
2018’s states with the best and worst taxpayer ROI
With Tax Day approaching, WalletHub today released its latest analysis of the U.S. tax landscape, an in-depth look at the states with the Best & Worst Taxpayer Return on Investment in 2018. WalletHub used...
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...
Banks must get serious about technology to capitalize on potential home equity boom, J.D....
With the number of American consumers expected to take out a home equity line of credit (HELOC) projected to double to 10 million over the next five years, lenders need to improve their digital offerings...
Aging and in debt: More than half of older Americans owe money
Are you working to pay down tens of thousands of dollars in debt? You may be surprised to learn that your aging parents, and even your grandparents, are likely in the same boat. When...
Westlawn Gardens receives national community planning award
The U.S. Department of Housing and Urban Development (HUD) and the American Planning Association (APA) today announced Wisconsin’s largest public housing community, Westlawn Gardens, the HUD Secretary’s Opportunity & Empowerment Award. Jointly presented by HUD...