The Department of Housing and Urban Development (HUD) has suspended funding for the Virgin Islands Housing Finance Authority (VIHFA), claiming the agency mismanaged billions of dollars in federal aid. In a statement, HUD said VIHFA received $1.9 billion in HUD...
A total of 2,746 down payment assistance programs were active nationwide during the second quarter, an increase of 67 programs from the prior quarter. According to data from Down Payment Resource (DPR), grant programs that do not require repayment rose by 6% from the...
Alabama recorded 7,138 home sales in June, an increase of 414 transactions (or, a 6.2% rise) from one year before. On a month-over-month basis, sales were up by 2.9%. According to the Alabama Association of Realtors (AAR), the 21,681 active listings at the end of June...
Mortgage application activity percolated during the week ending July 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.9% on a seasonally adjusted basis...
Amerco Real Estate Co., the Phoenix-based real estate arm of U-Haul Holding Co. (NYSE: UHAL), has announced the promotion of Parul Butala to president. Butala has been with U-Haul since 1994 and was previously as director of land use and planning. She succeeds Matt...
A mews house in London’s posh South Kensington neighborhood that was once owned by Madonna during her marriage to filmmaker Guy Ritchie is now available for rent. According to the Robb Report, the roughly 1,540-square-foot, two-floor residence was built in the early...
