Mortgage credit availability ended 2025 on a down note, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI dropped by 2.6% to 104.7 in December; the index was benchmarked to 100 in March 2012. The...
Mill Creek Residential has broken ground on its latest Texas development: Amavi Northwest Austin, a single-family, build-to-rent (BTR) community in the Northwest Austin/Round Rock metropolitan area. The gated, pet-friendly community will feature 144 three- and...
Sen. Elissa Slotkin (D-MI) has called on President Trump to declare a national housing emergency while introducing a new bill that would grant him executive power to increase home construction production. In an interview with MS Now, Slotkin said that her National...
The owner of a historic San Francisco theater that was shuttered since the pandemic plans to demolish the property and replace it with multifamily housing. SFGate reports Jesse Appleton had initially planned to restore and reopen the Empire Theater, which opened in...
The National Association of Home Builders (NAHB) is predicting an uptick in the construction of single-family housing and a greater increase in home remodeling for the next 12 months. “While mindful of some weakening for the labor market, the economy remains in solid...
Mortgage application activity ended 2025 and began 2026 on the downturn, according to data from the Mortgage Bankers Association (MBA) for the two-week period ending Jan. 2. The data includes adjustments for the year-end holidays. The Market Composite Index, the MBA’s...
