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Tag Archives: Department of Housing and Urban Development

May’s Housing Starts Rise Above Expectations

“U.S. housing starts in May came in above consensus expectations at a seasonally adjusted annual rate of 1.63 million, which is 21.7% above the revised April estimate of 1.34 million and 5.7% above the May 2022 rate of 1.54 million,” said First American Economist Ksenia Potapov.

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HUD Announces New Steps to Combat Racial Bias in Appraisals

“HUD is committed to making the appraisal process fair nationwide. We must eliminate bias in home valuations so that everyone can equally reap the benefit of wealth—and intergenerational wealth—that come along with homeownership,” said HUD Secretary Marcia L. Fudge.

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Exclusive Bidding Rights on HUD Homes Extended

As part of the Department of Housing and Urban Development’s mission to increase homeownership among credit-worthy low- to moderate-income people, the agency has announced that it is extending the Exclusive Listing Period for HUD ...

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