New single-family home sales took a notable upturn in July, with the month becoming the best month for new sales since 2007. What drove the increase, and will new home sales continue to rise?
Read More »It Looks at Lot Like 2008 for New Home Sales
Sales of newly constructed homes took a sharp upturn in June, making the month the best for new home sales since the eve of the housing crash.
Read More »The Week Ahead: Will Housing Starts Restart?
Housing starts were flat in May after showing signs of resuscitation in April. What will the housing starts report look like for June? The industry will find out on Tuesday, July 19.
Read More »HUD Study Finds Homebuyer Education Pays Off
HUD cited improved mortgage literacy, greater appreciation for communication with lenders, and improved underwriting qualifications among the positives.
Read More »New Home Sales Reverse Course
The pace of new home sales dropped off in May, but that may have been expected due to April's large jump.
Read More »Housing Starts are a ‘Bright Spot,’ But Beware. . .
At least one economist saw that the ongoing trend of starts exceeding permits may be trouble for the housing market down the road.
Read More »HUD, First-Citizens Bank Resolve Discriminatory Lending Compliant
HUD announced an agreement Wednesday with South Carolina-based First-Citizens Bank & Trust Company, resolving racial discriminatory lending allegations. See what the bank told MReport regarding the agreement.
Read More »Castro Dispels Myth About Millennials and Homeownership
The reason many members of the younger generation are slow to become homeowners is not because they don't want to, according to the HUD Secretary.
Read More »HUD Addresses Affordable Housing Crisis
HUD made its first allocations through the National Housing Trust Fund this week. How much was allocated and where will the money be going?
Read More »Housing Discrimination? Not on HUD’s Watch
In an effort to address fair housing activities, HUD has announced that it is making a multi-million dollar grant available to organizations that advocate against discriminatory acts in the housing market.
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