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YOUNGER AMERICANS ARE BEING PUSHED OUT OF THE U.S. HOUSING MARKET
Source: Black Enterprise --- According to a national profile of homebuyers and sellers by the National Association of Realtors (NAR), American homebuyers are Whiter, older and wealthier. The New York Times reports the NAR added first-time homebuyers account for the...
Marry the House, Date the Mortgage Rate – Does It Work?
Source: Yahoo! --- The average U.S. rate for a 30-year fixed mortgage reached a 20-year high of 7.08% in the final week of October, more than doubling from a year earlier, according to Freddie Mac (FMCC). Homebuyers aren’t happy. On a $350,000 home loan, a mortgage...
Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
He served as director of capital programs for the District of Columbia Housing Authority. Continue Reading Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
Kolter Homes Unveils New 55+ Community in Florida
The community will feature over 800 homes. Continue Reading Kolter Homes Unveils New 55+ Community in Florida
UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
The announcement follows government plans to train 60,000 construction workers to address a worker shortage in that sector. Continue Reading UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
Pulte announced his actions in photographs of the paper-based orders posted to his personal X account. Continue Reading FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
Sluggish Refinance Activity Drives Down Mortgage Application Levels
The Refinance Index decreased 5% from the previous week, although it was 63% higher than the same week one year ago. Continue Reading Sluggish Refinance Activity Drives Down Mortgage Application Levels
Nest Seekers Launches Art Brokerage Affiliate
Nest Collections was created in partnership with Studio Kasa founder Josh Kasper. Continue Reading Nest Seekers Launches Art Brokerage Affiliate
Dollar Tree Sells Family Dollar Retail Chain for $1 Billion
Dollar Tree acquired Family Dollar for more than $8 billion in 2015. Continue Reading Dollar Tree Sells Family Dollar Retail Chain for $1 Billion
Hilton’s Waldorf Astoria Hotels & Resorts to Open First Texas Resort
The new resort is slated to open in 2027. Continue Reading Hilton’s Waldorf Astoria Hotels & Resorts to Open First Texas Resort
Court Blocks HUD’s Termination of Fair Housing Initiative Program Grants
Approximately $30 million was planned for distribution to nonprofits investigating housing discrimination. Continue Reading Court Blocks HUD’s Termination of Fair Housing Initiative Program Grants
Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
GenZ renters were the most optimistic, with 53% believing homeownership was very or somewhat possible. Continue Reading Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
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