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Hits and Misses for the Real Estate Week of July 10-14

Hits and Misses for the Real Estate Week of July 10-14

by Phil Hall | Jul 14, 2023 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An improbable relocation of FBI headquarters, HUD’s misplaced priority on climate and NAR’s too-generous donation to a Montana mayoral race. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: Sweet FBI Home Alabama?...
HUD Allocates $29.5 Million for Fair Housing Assistance Program

HUD Allocates $29.5 Million for Fair Housing Assistance Program

by Phil Hall | Jul 10, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has announced the allocation of $29.5 million in noncompetitive funding to state and local fair housing enforcement agencies under its Fair Housing Assistance Program (FHAP). The FHAP is designed to provide...
Home Sales Up While Prices Decline

Home Sales Up While Prices Decline

by Phil Hall | Jun 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports pointed to an increase in U.S. single-family home sales and a decline in home prices. The U.S. Census Bureau and Department of Housing and Urban Development reported sales of new single‐family houses during May were at a seasonally adjusted annual...
HUD Makes $2M Available for Affordable Housing Creation in Smaller Communities

HUD Makes $2M Available for Affordable Housing Creation in Smaller Communities

by Phil Hall | Jun 19, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) announced a Notice of Funding Opportunity (NOFO) of $2 million through the HOPE VI Main Street Program. According to HUD, the grant program provides financial assistance to smaller communities looking to...

HUD Renews Focus on Native American Housing with Grant Funds and Executive Appointment

by Phil Hall | May 23, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has placed a renewed focus on Native American housing, with a new grant to aid this often-overlooked sector and a new officer dedicated to its needs. HUD awarded $95 million to 55 communities through the...
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