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

by Phil Hall | Jul 30, 2025 | Current News & Events, Industry Updates, 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 | Current News & 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 | Current News & 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 | Current News & 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 | Current News & 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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