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Hits and Misses for the Real Estate Week of Feb. 17-21

Hits and Misses for the Real Estate Week of Feb. 17-21

by Phil Hall | Feb 21, 2025 | Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 17-21. Hit: An End to DEI Daffiness. Kudos to...
HUD’s Turner Cancels $4 Million in DEI Contracts

HUD’s Turner Cancels $4 Million in DEI Contracts

by Phil Hall | Feb 20, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has cancelled $4 million in contracts that were designed to foster Diversity, Equity and Inclusion (DEI) programs within the agency. In an interview this morning on Fox News, HUD Secretary Scott Turner stated the...
Single-Family Housing Starts Down by 8.4%

Single-Family Housing Starts Down by 8.4%

by Phil Hall | Feb 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in January were at a rate of 993,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.4% below the revised December figure of 1.08 million. Privately-owned housing starts in...
HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste

HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste

by Phil Hall | Feb 18, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Department of Government Efficiency (DOGE) task force within the Department of Housing and Urban Development (HUD) is seeking public assistance to audit the agency. In the new @DOGE_HUD account on X, the task force wrote: “DOGE is looking for help from the general...
A Phil Hall Op-Ed: 4 Crucial Issues That Require HUD’s Attention

A Phil Hall Op-Ed: 4 Crucial Issues That Require HUD’s Attention

by Phil Hall | Feb 17, 2025 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Scott Turner has only been the Secretary of Housing and Urban Development (HUD) for two weeks and his first two major announcements for the department involved stopping enforcement of the Biden-era gender identity rule that allowed individuals to...
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