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New Single-Family Home Sales Up Nearly 34% Year-Over-Year

New Single-Family Home Sales Up Nearly 34% Year-Over-Year

by Phil Hall | Oct 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Although mortgage rates are climbing to a vertigo-inducing 8% level and home prices remain at historic highs, Americans are out buying new single-family houses with gusto. According to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban...
Housing Starts Up in September

Housing Starts Up in September

by Phil Hall | Oct 18, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single‐family housing starts in September were at a rate of 963,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s rate was 3.2% higher than the revised August figure of 933,000. Privately‐owned housing...

HUD Allocates $212 Million to Expand Housing for Very-Low Income People with Disabilities

by Phil Hall | Oct 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD)’s Office of Multifamily Housing is making $212 million in funding is available to expand the supply of affordable housing and supportive services for very-low and extremely-low-income persons with...
A Phil Hall Op-Ed: NASA’s Lunar Homebuilding Lunacy

A Phil Hall Op-Ed: NASA’s Lunar Homebuilding Lunacy

by Phil Hall | Oct 9, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: In concept, the U.S. Department of Housing and Urban Development (HUD) is the federal agency whose primary focus concerns the needs of current and potential homeowners and rental housing tenants. However, another federal agency is getting into the...
Fewer Homes Being Sold, Albeit with Higher Prices

Fewer Homes Being Sold, Albeit with Higher Prices

by Phil Hall | Sep 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new housing data reports issued this morning determined there were fewer new single-family homes being sold while the residential properties being purchased were priced higher. Sales of new single‐family houses during August were at a seasonally adjusted annual...
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