Tag: Washington DC
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...
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...
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...
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...
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...
MBA opens doors celebrates milestone: More than 2,000 families across America helped
The Mortgage Bankers Association’s Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance...
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...
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...
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,...
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...
NOVO Properties is pleased to announce the acquisition of 1825 Maryland Avenue NE
NOVO Properties (NOVO) is pleased to announce the acquisition of 1825 Maryland Avenue NE, a 25-unit multifamily property located in NE Washington, DC. 1825 Maryland...
NOVO Properties is pleased to announce the acquisition of 1820 Irving Street NE
NOVO Properties (NOVO) is pleased to announce the acquisition of 1820 Irving Street NE, a 15-unit multifamily property located in NW Washington, DC. 1820 Irving...
NOVO Properties is pleased to announce the acquisition of 310 Hamilton Street
NOVO Properties (NOVO) is pleased to announce the acquisition of 310 Hamilton Street, NW, a 17-unit multifamily property located in NW Washington, DC. 310 Hamilton...
Two NAHB BuilderBooks titles win Independent Book Publishers Association Benjamin Franklin Silver Award
Finding Hidden Profits: A Guide for Custom Builders, Remodelers and Architects by Dennis A. Dixon and Living Green Effortlessly: Simple Choices for a Better Home by...
Remodeling confidence remains in strong territory despite three point slip
The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the first quarter of 2018, down three points from...
