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New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan

New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan

by Phil Hall | Aug 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new report analyzing New York Gov. Kathy Hochul’s 2022 plan to build or preserve 100,000 units of affordable housing over a five-year period has determined the endeavor is falling short of its goal. Hochul allocated $25 billion in state investments to this...
Freddie Mac Expands CHOICEHome Mortgage Program to Single-Section Manufactured Homes

Freddie Mac Expands CHOICEHome Mortgage Program to Single-Section Manufactured Homes

by Phil Hall | Aug 6, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) announced the expansion of its CHOICEHome conventional financing options to include modern single-section manufactured homes. Previously, Freddie Mac provided multi-section factory-built homes with a 3% down payment option. As of today,...
Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners

Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners

by Phil Hall | Aug 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Exton, Pennsylvania-based Citadel Credit Union has launched the Home Help Program, a $6 million initiative focused on Black and Hispanic homeownership across Philadelphia County. The program will provide provides up to $18,000 in assistance for purchase, refinance, or...
FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties

FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are now able to invest in Low Income Housing Tax Credit (LIHTC) properties from $1 billion to $2 billion each, a total of $4 billion per year. “Today’s...
ATTOM Debuts Self-Service Data Platform

ATTOM Debuts Self-Service Data Platform

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate data provider ATTOM announced the launch of ATTOM Nexus, a new self-service platform designed to simplify how organizations evaluate and integrate the company’s data offerings. The new platform enables users to explore metadata and schema across...
Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List

Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Suburban markets in the Northeast and Midwest dominated the top 10 rankings in Realtor.com’s 2025 edition of its Hottest ZIP Codes Report. The rankings were based on an algorithm that considered market demand as measured by unique viewers per property on...
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