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Tag Archives: Census Bureau

HUD: New Home Sales Above Estimates

The HUD and the Census Bureau released their May New Home Sales Report, above prior estimates. Read ahead to see current projected inventory supply, as well as the median and average home prices…

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FHFA Issues Request for Input Over Mortgage English Proficiency

The Federal Housing Finance Agency (FHFA) is looking to the public for input regarding Limited English Proficiency (LEP) in the mortgage lifecycle. LEF borrowers currently face challenges applying for mortgages because they risk not understanding or relying too much on a source that could mislead them. FHFA looks to better understand the experience LEP borrowers have in order to improve support from the mortgage industry.

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Low Inventory Impacted by Stagnant Home Starts

The Department of Housing and Urban Development along with the U.S. Census Bureau released their April New Residential Construction Activity Report on Tuesday. Year-over-year, Permits, Starts and Completions increased 5.7 percent, barely increased 0.7 percent and increased 15.1 percent respectively. However, number shave fallen month-over-month.

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