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NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) has called out the U.S. Department of Energy (DOE) for creating regulations that have negatively impacted efforts to address the production of affordable housing. In testimony delivered today before the U.S. House...
NAR Debuts Flood Disclosure Tracker

NAR Debuts Flood Disclosure Tracker

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has launched a state flood disclosure tracker, which the trade group promoted as helping to “educate the public and Congress as it considers the Federal Emergency Management Administration’s (FEMA) legislative proposals to...
Mel Sembler, Real Estate Developer Turned Diplomat, Dies at 93

Mel Sembler, Real Estate Developer Turned Diplomat, Dies at 93

by Phil Hall | Nov 8, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Mel Sembler, a real estate developer who represented the U.S. in two high-profile diplomatic positions, passed away on Oct. 31 at his home in St. Petersburg, Florida. He was 93 years old and the cause of death was attributed to lung cancer. Melvin Floyd Sembler was...
Mortgage Application Activity Takes an Uptick

Mortgage Application Activity Takes an Uptick

by Phil Hall | Nov 8, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was on the rise in the latest data from the Mortgage Bankers Association (MBA), which tracked the week ending Nov. 3. The Market Composite Index, the trade group’s measure of mortgage loan application volume, was up by 2.5% on a...
New Campaign Seeks to Raise Awareness of VA Loan Program

New Campaign Seeks to Raise Awareness of VA Loan Program

by Phil Hall | Nov 8, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new alliance of real estate, media, mortgage and veteran service organizations are collaborating on the creation of the #MissionZero campaign, which focuses on educating active-duty military personnel and veterans about the benefits of the VA loan program. Citing...
Alta Town Center, a New Community, Opens in Raleigh

Alta Town Center, a New Community, Opens in Raleigh

by Phil Hall | Nov 8, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wood Partners, a multifamily real estate development, and PGIM Real Estate, the real estate investment and financing arm of PGIM, announced the grand opening of Alta Town Center, located in Raleigh, North Carolina. Alta Town Center offers 336 apartment homes comprised...
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