A Phil Hall Op-Ed: Last Friday evening, the White House quietly released a news statement that President Trump signed an Executive Order that identified seven federal agencies and declared their “non-statutory components and functions … shall be eliminated to the...
Single-family housing starts in February were at a rate of 1.10 million, according to data from the US Census Bureau and Department of Housing and Urban Development. This is an 11.4% jump from the revised January figure of 995,000. Privately-owned housing starts in...
Scottsdale-based build-to-rent developer BB Living has unveiled its latest community, BB Living Desert Ridge in Phoenix. The new community of 108 luxury single family rental townhomes sits on 12.4 acres and offers both three- and four-bedroom floorplans. Each home...
The Departments of Housing and Urban Development (HUD) and Interior have signed a partnership agreement to create a joint task force that will identify and open federal lands for affordable housing development. In an online video, HUD Secretary Scott Turner and...
Builder confidence in the market for newly built single-family homes dropped three points in March to a reading of 39 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), marking the lowest level in seven months; any number over...
New data published by the National Association of Realtors (NAR) has determined the Black homeownership rate experienced the greatest year-over-year increase in 2023 among racial groups, but it was still lower than the rates recorded by other demographics. The Black...