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Commercial and Multifamily Mortgage Delinquency Rates Increased in the First Quarter of 2023
Commercial and multifamily mortgage delinquencies increased in the first quarter of 2023, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report
FHFA Announces Rescission of Enterprise Upfront Fees Based on Debt-To-Income (DTI) Ratio
The Federal Housing Finance Agency (FHFA) today announced that it has rescinded the upfront fees based on borrowers' DTI
CONSTRUCTION EMPLOYMENT INCREASES IN 231 OF 358 METRO AREAS FROM APRIL 2022 TO APRIL...
Dallas-Plano-Irving, Texas and Hanford-Corcoran, Calif. Experience Largest Number and Percentage of Gains; Los
Wells Fargo Foundation awards $7.5 million to Habitat for Humanity to build, repair homes
the Wells Fargo Foundation announced a $7.5 million grant to Habitat for Humanity International to help make homes more affordable and accessible for everyone. Through the 2023 Wells
2023 Innovative Housing Showcase: Announcing First Wave of Exhibitors
The National Association of Home Builders (NAHB) redesigned its Multifamily Market Survey (MMS) in the first quarter of 2023 to make it easier to interpret and more similar to the NAHB/Wells
Pending Home Sales Recorded No Change in April
Pending home sales recorded no change in April, according to the National Association of REALTORS®. Three U.S. regions posted monthly gains, while the Northeast decreased. All four regions .
Mortgage Application Payments Increased 0.9 Percent to $2,112 in April
Homebuyer affordability declined further in April, with the national median payment applied for by purchase applicants increasing 0.9 percent to $2,112 from $2,093 in March. This is according to the
HUD Awards $95.5 Million for Affordable Housing and Community Development Activities in Native American...
The U.S. Department of Housing and Urban Development (HUD) today awarded $95 million to 55 communities through the Indian
NAHB Debuts New Index for Multifamily Activity
The National Association of Home Builders (NAHB) redesigned its Multifamily Market Survey (MMS) in the first quarter of 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for single-family housing.
45 COMPANIES RECEIVE NEW YORK STATE SERVICE-DISABLED VETERAN-OWNED BUSINESS CERTIFICATION
Commissioner Jeanette Moy today announced that 45 businesses were recently certified by the Office of General Services’ Division of Service-Disabled Veterans’ Business Development. “Congratulations to the 45 service-disabled veteran-owned businesses (SDVOBs) recently certified by the Office of General Services’ Division of Service-Disabled Veterans’ Business Development,”
Best Upgrades When Building a New Home
New construction may be the most viable option for many homebuyers as low housing inventory continues to be an issue throughout the country. Although you might have to wait longer when building a new home to move into it, there are a lot of benefits to new home construction.
Atlanta REALTORS® Releases April 2023 Statistics on Housing Market
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its April 2023 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties.
MHP Congratulates Artie Harris on County Planning Board Chair Appointment
MHP, a leading nonprofit affordable housing developer, congratulates Vice President of Real Estate Artie Harris on his appointment as Chair of the Montgomery County Planning Board. This significant achievement reflects the expertise Harris has gained through his work at MHP and beyond, and the trusted reputation he has built in the community
Appraisal Institute PAREA Program Receives Approval from Appraiser Qualifications Board
The Appraisal Institute announced today that the Appraiser Qualifications Board has provided approval of AI's Practical Applications of Real Estate Appraisal program for the licensed
Highlights of NAREE’s June Real Estate Journalism Conference #NAREE2023
NAREE’s 57th Annual Real Estate Journalism Conference runs June 6 - 9 at Caesars Palace in the Milano Ballrooms on the Promenade level. NAREE’s Las Vegas conference is the most informative conference in the nation for journalists covering residential and commercial real estate, home design, home building and community design
Lack of Existing Inventory Boosts Builder Confidence to Key Marker
Limited existing inventory, which has put a renewed emphasis on new construction, resulted in a solid gain for builder confidence in May even as the industry continues to face several challenges
NAR Invites Tech Startups to Apply for iOi Summit Pitch Battle Competition
The National Association of Realtors® announced today that it is accepting applications for the “Pitch Battle” competition taking place at the 2023 Innovation, Opportunity & Investment (iOi)
Commercial/Multifamily Borrowing Declines 56 Percent in First-Quarter 2023
Commercial and multifamily mortgage loan originations were 56 percent lower in the first quarter of 2023 compared to a year ago, and decreased 42 percent from the fourth quarter of 2022
Mayor Bowser Hosts Open House and Highlights Investments in Black Homeownership and Economic Mobility
Mayor Muriel Bowser, the Department of Housing and Community Development (DHCD), and the Department of Human Services
MHP RECEIVES $175,0000 GRANT FROM TD TO SUPPORT AFFORDABLE HOUSING IN FOREST GLEN
MHP, a non-profit affordable housing developer in Montgomery County, was recently awarded a $175,000 Housing for Everyone grant from the TD Charitable Foundation, the charitable giving arm of TD Bank. MHP is one of 37 nonprofit organizations selected from more than 450 applicants to receive a Housing for Everyone grant as part of the TD Charitable Foundation’s