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Mayor Bowser, DCHA & POAH Celebrate Ribbon Cutting and Groundbreaking of Affordable Housing Developments...
Mayor Muriel Bowser and the Office of the Deputy Mayor for Planning and Economic Development (DMPED), with the District of Columbia Housing Authority (DCHA) and nonprofit developer Preservation of Affordable Housing (POAH) today celebrated the grand opening of The Asberry, a mixed-use building with 108 units of affordable rental housing with a preference for those aged 55+.
Mortgage Application Payments Increased 4.2 Percent to $2,127 in October
Homebuyer affordability declined in October, with the national median payment applied for by purchase applicants increasing to $2,127 from $2,041 in September. This is according to the
October New Home Sales Down on Higher Rates
Steadily rising mortgage rates coupled with ongoing affordability challenges kept many potential home buyers on the sidelines in October. Sales of newly built, single-family homes in October declined 17.3% to a 610,000 seasonally adjusted annual rate
Appraisal Institute Releases Comprehensive Guide to Valuing Religious Properties
The Appraisal Institute is pleased to announce the release of A Guide to Appraising Religious Properties by Bradley R. Carter, MAI, a leading authority in the field of property valuation. This
Biden-Harris Administration Announces $1,325,000 of Clean Ports Investments in South Carolina as Part of...
EPA’s Clean Ports Program to fund 55 zero-emission port equipment, infrastructure, and planning projects across the nation
TWO-THIRDS OF METRO AREAS ADD CONSTRUCTION JOBS FROM OCTOBER 2023 TO LAST MONTH, BUT...
Houston-The Woodlands-Sugar Land, Texas and Kahului-Wailuku-Lahaina, Hawaii Have Highest Number And Percentage of Job
Existing-Home Sales Grew 3.4% in October; First Year-Over-Year Gain Since July 2021
Existing-home sales rose in October, according to the National Association of REALTORS®. Sales improved in all four major U.S. regions. Year-over-year, sales elevated in three regions but were
Habitat for Humanity’s corporate partners to support building homes, communities and hope this holiday...
Several Habitat for Humanity corporate partners are coming together this holiday season to support the organization’s mission
CONSTRUCTION EMPLOYMENT INCREASES IN 41 STATES BETWEEN OCTOBER 2023 AND LAST MONTH, WHILE 33...
Texas and Alaska Top Lists of Numerical and Percentage 12-Month Gains, While New York and Oregon Lag; Louisiana Posts Highest
Mortgage Credit Availability Increased in October
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Multifamily Developer Sentiment Showed Mixed Results in Third Quarter
Confidence in the market for new multifamily housing showed mixed results year-over-year in the third quarter, according to results from the Multifamily Market Survey (MMS) released today
Solar and Storage Industry Statement on 2024 Election Results
Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA):
“America’s solar and storage industry is unleashing abundant, homegrown energy that is creating jobs and delivering affordable, reliable power to every home and business in this country.
NAHMA, Pearl Meyer Release 2024 Affordable Housing Compensation Survey Report
The National Affordable Housing Management Association (NAHMA) and Pearl Meyer announce the release of the 2024 NAHMA Affordable Housing Compensation Survey report. The report provides affordable housing companies with current information on key organization metrics and compensation program structure/design characteristics.
Additional $25 million from sale of New Hanover Regional Medical Center transferred to Endowment
NHW Healthcare, Inc., the wind-down entity for New Hanover Regional Medical Center, has transferred an additional $25 million from the sale of New Hanover Regional Medical Center (NHRMC) to the New Hanover Community Endowment
NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales for 2025 and...
The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to NAR Chief Economist Lawrence Yun.
Commercial/Multifamily Borrowing Increased 59 Percent in Third-Quarter 2024
Commercial and multifamily mortgage loan originations increased 59 percent in the third quarter of 2024 compared to a year ago, and increased 44 percent from the second quarter of 2024
New Home Sales Rise in September as Mortgage Rates Ease
Home buyers moved off the sidelines in September following the Federal Reserve’s recent move to cut interest rates for the first time in four years. Sales of newly built, single-family homes in
Alliance to Save Energy Supports Stronger Energy Efficiency Standards for Federally-Backed Homes
The Alliance to Save Energy (ASE) is proud to support the initiative led by U.S. Senators Chris Van Hollen, Jeanne Shaheen
Senior Home Equity Hits $14 Trillion in Q2
Homeowners 62 and older saw their housing wealth increase by $600 billion in the second quarter to $14 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
Pending Home Sales Advanced 7.4% in September
Pending home sales rose in September, according to the National Association of REALTORS®. All four major regions experienced month-over-month gains in transactions. Year-over-year, the
