“More groundbreaking is welcome news for a supply-starved housing market.” — First American deputy chief economist Odeta Kushi
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Category: U.S. Department of Housing and Urban Development
2021 ends with a bang in new-home sales
Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand.
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Housing starts rise in December on strong multifamily sector
While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
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HUD now considering climate change when underwriting loans
The U.S. Department of Housing and Urban Development (HUD) recently announced a plan that will implement new policies to combat global warming, according to a press release.
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Lenders accused of maternity-leave discrimination
Denying a mortgage to a woman because she is on or plans to be on maternity leave is against the law, but some lenders are accused of doing just that.
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HUD Sec. Fudge: ‘We will enforce U.S. Fair Housing Act’
Housing secretary reaffirms U.S. commitment to closing the racial homeownership gap at a forum with NAR president and top housing officials.
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The Ben Carson Years at HUD: Did He Make a Difference?
What will Ben Carson’s legacy at the U.S. Department of Housing and Urban Development be? Will history look upon Carson’s HUD tenure kindly?
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Single-family construction up, multi-family construction down
The latest New Residential Construction report points to builder momentum, though supply-side challenges linger.
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Southern home sales jump 27.6% in July
Nationwide sales of new single-family homes were at a seasonally adjusted rate of 901,000, up 13.9% from last month and 36.3% higher than July 2019.
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