Existing-home sales blew the mortgage industry away last week, with the largest month-over-month increase ever as TILA-RESPA Integrated Disclosure (TRID) rule delays finally started to pass. This week, the spotlight will shift to December's new home sales.
Read More »Housing Starts Take a Tumble in December
Residential construction was tricky in December 2015 as both housing starts and building permits posted disappointing numbers, but builder confidence remains elevated and year-end totals hit 2007 levels.
Read More »Castro Adds Fuel to VP Speculation Fire
The HUD Secretary raised his public profile with appearance on the Late Show with Stephen Colbert Monday night on the eve of the State of the Union address, furthering speculation that he could be Hillary Clinton's running mate.
Read More »New Home Sales Keep Rising in November
New single-family home sales experienced continued growth in November, with the number of new home sales increasing on a seasonally-adjusted annual basis the U.S. Census Bureau and HUD reported Wednesday.
Read More »Housing Starts Skyrocket from Last Month’s Slump
Despite yesterday's report that home builders' confidence was down, they have certainly been busy with new construction in November 2015.
Read More »HUD Secretary Castro Addresses America’s Housing Affordability Crisis
The future of housing in America can seem so close, yet so far away, but government officials and housing experts are already hot on the case making their evaluations of the present state of the market and prediction on the future.
Read More »Single-Family Housing Construction Pace Slows in October
Construction in the single-family housing market for the month of October as both housing starts and housing completions decreased, the U.S. Census Bureau and HUD announced Wednesday.
Read More »House Committee Determines HUD Has Not Done Enough to Prevent Poverty
Although HUD's has been instrumental in fighting housing discrimination and poverty, it has failed to meet its original goal to “not only to relieve the symptom of poverty but to cure it and, above all, to prevent it," President Lyndon Johnson said.
Read More »HUD Issues Proposed Rule to Protect Housing Harassment Victims
HUD announced Wednesday that it is issuing a proposed rule to protect consumers being harassed in housing. The newly proposed rule would formalize standards to bring about claims under the Fair Housing Act. The rule, also known as "Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices under the Fair Housing Act,” was published in the Federal Register today for public comment.
Read More »Single-Family Housing Starts Rise; Authorizations & Completions Decline
Single-family housing starts increased in September 2015, while authorizations and housing competitions decreased, according to new residential construction statistics from the U.S. Census Bureau and HUD released Tuesday.
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