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Elevated Home Prices and Mortgage Rates, Limited Inventory are Home Buying Barriers, According to...
The current real estate market's high home prices and mortgage rates, as well as limited inventory, are the top reasons that
Congressman Lamborn’s Statement Following Meeting with Balfour Beatty Communities on Fort Carson Housing Issues
RealEstateRama - Congressman Doug Lamborn met with Balfour Beatty Communities (BBC) President, Christopher Williams, to
Urban Land Institute Welcomes Distinguished Real Estate Leaders to Key Governing Bodies
More than 30 internationally-renowned real estate industry leaders have been elected to four-year terms as Urban Land Institute (ULI) Global Governing Trustees, while numerous other
August New Home Purchase Mortgage Applications Increased 20.6 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2023 shows mortgage applications for new home purchases increased 20.6 percent compared from a
Just-Released Report Identifies Solutions for Closing Chicago’s Racial Homeownership Gap
The report’s policy recommendations are the result of work between community organizations and different kinds of mortgage lenders, as part of the Mortgage Access Initiative led by Woodstock Institute and Neighborhood Housing Services
Large Metro Markets Show Biggest Slowdown in Single-Family Construction
Rising mortgage rates and elevated construction costs have taken a toll on the pace of single-family construction in markets across the nation, with the slowdown most pronounced in large metro
NEW SURVEY SHOWS SIGNIFICANT FLAWS IN NATION’S APPROACH TO PREPARING WORKERS FOR CONSTRUCTION CAREERS...
88 Percent of Construction Firms Having a Hard Time Finding Workers to Hire, Undermining Efforts to Build Infrastructure &
NFHA and Fellow Fair Housing Advocates File Amicus Brief in Supreme Court Supporting the...
The National Fair Housing Alliance (NFHA), 50 of its operating members, and three fair housing testers filed an amicus brief in the U.S. Supreme Court in Acheson Hotels v. Laufer, a case that will decide whether testers have standing to pursue claims under the Americans with Disabilities Act (ADA).
GCAAR housing stats | July ‘23
The regional median sold price for residential properties for July was $611,000, representing a decrease of 2.2% compared to last month and an increase of 2.7% from July 2022. The average days on market for units sold in July was 21 days, 5% below the 5-year July average of 22 days
Pending Home Sales Elevated 0.9% in July, Marking Second Consecutive Monthly Increase
Pending home sales increased 0.9% in July – rising for the second consecutive month – according to the National Association of REALTORS®. The Northeast and Midwest posted monthly losses
CONSTRUCTION EMPLOYMENT INCREASES IN 226 OF 358 METRO AREAS BETWEEN JULY 2022 AND JULY...
Dallas-Plano-Irving, Texas, Yuba City, Calif., and Corvallis, Ore. Lead the Nation in Employment Increases; Miami-Miami Beach
New Home Sales Increase in July Despite Higher Mortgage Rates
Low existing inventory and solid demand more than offset rising mortgage rates and elevated construction costs to boost new home sales last month. Sales of newly built, single-family homes
Mortgage Application Payments Flat in July
Homebuyer affordability in July was challenging but mostly unchanged from June, with the national median payment applied for by purchase applicants remaining at $2,162. This is according to the Mortgage Bankers Association's (MBA) Purchase
HUD Announces Funding to Support People Experiencing Homelessness in Maui through Rapid Response Program
The U.S. Department of Housing and Urban Development (HUD) awarded $1.3 Million to the state of Hawai’i to support people
Existing-Home Sales Slipped 2.2% in July
Existing-home sales receded in July, according to the National Association of Realtors®. Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines.
U.S. Green Building Council Announces Recipients of 2023 LEED Homes Awards
Awards recognize Project of the Year, Outstanding Single Family Projects, Outstanding Multifamily Projects, Outstanding Affordable Projects, Outstanding Developer and 2023 LEED Power Builders
Single-Family Starts Edge Higher in July but Rising Rate Concerns Persist
A lack of existing inventory and solid demand helped offset rising mortgage rates and push single-family production higher in July, even as builders continue to grapple with elevated construction
Cindy Chance Named Appraisal Institute CEO
The Appraisal Institute, the nation's largest professional association of real estate appraisers, today announced that Cindy Chance has been named Chief Executive Officer. Chance joins the Appraisal Institute after successfully creating and growing the
July New Home Purchase Mortgage Applications Increased 35.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2023 shows mortgage applications for new home purchases increased 35.5 percent compared from a
Join Us at Showcase 2.0 – An Unforgettable Industry Event!
The anticipation is building as the Atlanta REALTORS® Association (ARA) and First Multiple Listing Service (FMLS) unveil Showcase 2.0, a remarkable new experience. Step into a new era of showcases and leave your expectations of traditional trade shows behind. Mark your calendars for an afternoon of insights, connections
