The housing market began 2024 with an uptick in existing home sales, according to data from the National Association of Realtors (NAR). Total existing home sales were up by 3.1% from December to a seasonally adjusted annual rate of 4 million in January....
Median rents in January were down for the sixth consecutive month, with year-over-year prices dropping by 0.3%, according to the latest Realtor.com Rental Report. Last month, the median asking rent for 0-2 bedroom units in the 50 largest metros declined to $1,712,...
A new data report from ATTOM is highlighting a spike in commercial foreclosures over the last four years, from a low of 141 in May 2020 to the current figure of 635 in January. ATTOM noted May 2020 marked a significant low in commercial foreclosures due to the impacts...
The Miami Beach City Commission has voiced a unanimous opposition to a Miami-Dade County plan that would extend the Metromover elevated monorail system to South Beach, creating the first mass transit connection between the city and the Florida mainland. According to a...
CVS Health (NYSE: CVS) announced the allocation nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawaii. In collaboration with Urban Housing Communities, Ikaika ‘Ohana and Hunt Capital Partners, CVS...
The Federal Housing Administration (FHA) is rolling out a new loss mitigation home retention option aimed at delinquent borrowers with FHA-insured single-family forward mortgages. The new option is called the Payment Supplement and it allows mortgage servicers to...
HUD Updates 14 FHA Policies in Move to Improve Affordability
