Yearly Archives: 2017

At the National Association of Realtors®' Conference & Expo in Chicago, Trust Stamp announced that its safety tool will now be free for all Realtors®. Trust Stamp is an identity authentication startup company that leverages artificial intelligence and blockchain technologies to verify strangers' identities and provide a trust score

The National Association of Home Builders (NAHB) today commended the House for passing the bipartisan Save Local Business Act, legislation that would amend the National Labor Relations Act and Fair Labor Standards Act to restore a common sense joint employer standard for home building firms and other small businesses.

International award-winning firm KTGY Architecture + Planning and national award-winning homebuilder Trumark Homes announce Perch, a collection of townhomes with innovative floor plans that create a brand-new transit-oriented urban village on 2.7 acres in the heart of downtown Dublin, California.

On November 2, the District of Columbia Housing Finance Agency (DCHFA) financed its first development of Fiscal Year 2018 with the issuance of $21.5 million ($10.6 million long term, $10.9 million short term) in DCHFA tax exempt bonds to fund the construction of The Solstice (3534 East Capitol NE, Washington, D.C.) The new four story mixed-use building will bring 137 affordable apartment homes (one, two and three bedrooms), 75 parking spaces and 2,074 square feet of retail space to Ward 7’s Deanwood neighborhood. “Deanwood has emerged as a destination neighborhood and the cost of housing is rising.

Construction employment increased by 11,000 jobs in October to the highest level in nine years, while the industry’s unemployment rate fell to 4.5 percent, the lowest October rate since 2006, according to an analysis of new government data by the Associated General Contractors of America. Association officials said that while hurricane recovery work may have helped boost employment in the sector, most of the gains are occurring because of strong demand for many types of private-sector projects across much of the country.

Stubbornly low inventory conditions in a large swath of the country are behind the below-average share of first-time buyers in recent years, but there is gaining evidence that an increase in homebuilding is around the corner.

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in reaction to the release today of a Congressional proposal to reform the federal tax code

A bill to modify ENERGY STAR could weaken a program with decades of proven benefits, Alliance to Save Energy President Kateri Callahan will tell Congress in a hearing Tuesday. The Energy Star Reform Act of 2017 Discussion Draft will be considered before a House Energy and Commerce subcommittee.

Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri was installed today as 2018 president of the National Association of Realtors® during the REALTORS® Conference & Expo in Chicago.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a 24,695-square-foot single-tenant net-leased retail property occupied by Harbor Freight Tools at 2101 East Palmdale Boulevard in Palmdale, California. The purchase price was $2.65 million.

Assistant to the Secretary for Rural Development Anne Hazlett today announced that USDA is investing more than $200 million in infrastructure projects to bring broadband to hundreds of unserved and underserved rural communities.

Markets in 197 of the 337 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2017, according to the National Association of Home Builders/First American Leading Markets Index (LMI) released today. This represents a year-over-year net gain of 40 markets.

Jack Woodcock, a Realtor® from Las Vegas, has received the National Association of Realtors® 2017 Distinguished Service Award. The honor is presented yearly to no more than two of NAR's 1.3 million members. Winners were recognized at the REALTORS® Conference & Expo in Chicago.

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a two-day educational course on valuation of green commercial properties last week in Nashville, Tennessee

Robert Kulick, a Realtor® from Monte Sereno, California has received the National Association of Realtors® 2017 Distinguished Service Award. The honor is presented yearly to no more than two of NAR's 1.3 million members. Winners were recognized today at the REALTORS® Conference & Expo in Chicago.

The U.S. Environmental Protection Agency announced today that the Virginia Department of Environmental Quality has received EPA’s “Excellence in State Engagement Supporting Reuse Award” for the agency’s achievements at three Superfund National Priority List sites.

Central Valley, a US top-100 building supply company, is pleased to announce the appointment of William (Bill) Robertson as Chief Financial Officer (CFO) effective October 31, 2017. Robertson succeeds David Templeton, who had previously announced his intent to retire after a seven-year career with the company.

The National Association of Home Builders (NAHB) called on Congress today to move swiftly to implement comprehensive reforms to the nation’s housing finance system to ensure that housing credit remains readily available and affordable in the future

Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) following the release of tax reform legislation by the House Ways and Means Committee. “NMHC/NAA applaud the House Ways and Means Committee release of tax reform legislation. While we are continuing to review the legislative language, the tax reform package, as currently written, looks to encourage economic growth and job creation while protecting the multifamily industry’s ability to serve the 39 million Americans who call apartments

The National Association of Home Builders (NAHB) called on Congress today to move swiftly to implement comprehensive reforms to the nation’s housing finance system to ensure that housing credit remains readily available and affordable in the future.