Aivre, the Troy, Michigan-based real estate appraisal software company, announced it has completed the industry’s first Uniform Appraisal Dataset (UAD) 3.6 verification process with Fannie Mae and Freddie Mac for compliance with the new data standards. “This is a...
A new report has found a significantly lopsided allotment of affordable housing across New York City. 6SqFt.com reports the latest NYC Housing Tracker Report from the New York Housing Conference found only 10 of the city’s 51 Council districts produced more than half...
New Orleans’ Neighborhood Development Foundation (NDF) has received a $60,000 Partnership Grant Program (PGP) award from the Federal Home Loan Bank of Dallas, Home Bank, Liberty Bank & Trust, and Renasant Bank that will support its affordable housing initiatives...
Pending home sales in September were unchanged from August and were down 0.9% from one year earlier, according to the data from the National Association of Realtors. Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined...
Newly built homes accounted for 26.8% of single-family homes for sale nationwide in August, according to a new data report from Redfin. This is down from 28.2% one year ago and 30.6% two years prior, and it also marked the lowest level in four years. Redfin attributed...
After four consecutive weeks of declining momentum, mortgage application activity perked up for the week ending Oct. 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...