Current News & Events
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
New York State’s Housing Inventory Sinks to New Record Low
Closed sales fell from 7,790 sales in March 2023 to 6,685 homes last month, a 14.2% decline. Continue Reading New York State’s Housing Inventory Sinks to New Record Low
HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs
The updates are designed to provide lenders and property owners with greater flexibility in obtaining and negotiating property insurance premiums/ Continue Reading HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs
Mortgage Rates Soar Above 7%
The 30-year fixed-rate mortgage averaged 7.10% as of April 18, up from last week when it averaged 6.88%. Continue Reading Mortgage Rates Soar Above 7%
Existing Home Sales Drop in March
The median existing-home price for all housing types in March was $393,500. Continue Reading Existing Home Sales Drop in March
RE/MAX: New Inventory Fuels 21.6% Spike in March Home Sales
Last month’s median sales price was $415,000, up 5.1% from one year earlier. Continue Reading RE/MAX: New Inventory Fuels 21.6% Spike in March Home Sales
Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage
The financial terms of the transaction were not disclosed. Continue Reading Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage
Austin Realtors Support Plan for Smaller Houses to Boost Affordable Homeownership
The median price for home sales in the Texas capital was $540,000. Continue Reading Austin Realtors Support Plan for Smaller Houses to Boost Affordable Homeownership
Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’
“It’s been decades in the making,” said Stefan Pryor. Continue Reading Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’
Portfolio+ Launches Reverse Mortgage Product
The Portfolio+ platform is designed to cover all stages from origination to funding. Continue Reading Portfolio+ Launches Reverse Mortgage Product
Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council
Disney will also allocate $30 million for affordable housing and $8 million for city parks and continuing workforce programs in Anaheim. Continue Reading Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council
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