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Federal Judge Orders HUD to Resume Fair Housing Grant Funding to Nonprofits

by Phil Hall | Jul 30, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A federal judge has issued a temporary restraining order against the Department of Housing and Urban Development (HUD) with the demand that it resume distributing Fair Housing Initiative Program (FHIP) funds to state- and city-level nonprofits tasked with...
New Single-Family Home Sales Up Slightly During June

New Single-Family Home Sales Up Slightly During June

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in were at a seasonally adjusted annual rate of 627,000 during June, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. The sales activity is a mild 0.6% rise above the May...
Single-Family Housing Starts and Permits Down in June

Single-Family Housing Starts and Permits Down in June

by Phil Hall | Jul 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in June were at a rate of 883,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.6% below the revised May figure of 926,000. Privately-owned housing starts in June were at a...
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals

HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD), in partnership with the Office of Management and Budget, announced the Biden-era Property Appraisal and Valuation Equity (PAVE) task force that was created to eliminate bias in home appraisals. In a statement...
HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region

HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region

by Phil Hall | Jul 9, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Department of Housing and Urban Development (HUD) Secretary Scott Turner announced a 90-day foreclosure moratorium on Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, that have been impacted by the severe...
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