As the future of the economy remains uncertain, the Fannie Mae Economic and Strategic Research Group forecasts home sales to remain constrained within a tight range regardless.
Read More »Xome Joins Forces With Plunk on New AI-Powered Analytic Tools
Partnership will provide real estate investors with property valuation and predictive remodel analytics tools to analyze the remodel potential of listed properties.
Read More »High-Opportunity Areas Have More (But Less Affordable) Homes for Sale
While many Americans continue to struggle with housing affordability, a new study from Redfin shows that homes in high-opportunity neighborhoods are not only selling for roughly $130,000 more, but they are also disproportionately white. Meanwhile, homes in low-opportunity areas are becoming less affordable due to gentrification.
Read More »Biden Administration Issues Call for Action on Junk Fees in Rental Housing
The Biden Administration, along with HUD Secretary Marcia L. Fudge, is calling attention to the significant harm that rental housing junk fees cause to tenants and have outlined steps that the Administration is taking to curb these fees.
Read More »Bill Introduced to Address Affordable Housing Crisis
The Housing Supply Expansion Act would reform a 1930s-era labor law by reducing labor costs and administrative burdens on residential construction contractors.
Read More »Nationwide Supply of Low-Cost Rentals Down in Every State
As rental demand heightens, the overall supply of low-rent units has fallen by 3.9 million over the last decade due to rent increases in existing units, building condemnations, and demolitions, according to the latest Joint Center for Housing Studies State of the Nation Housing report.
Read More »HUD Earmarks $3B-Plus to Combat Homelessness
HUD makes its largest-ever, single-year investment in fighting homelessness nationwide with its latest round of funding, awarded through the Department’s Continuum of Care Program.
Read More »Sun Belt Metros Remain Top Destinations for Relocating Homebuyers
Despite the high risk of drought and flooding, Phoenix ranks as the most popular destination for homebuyers looking to move to a different part of the country, followed by Las Vegas and several Florida metros, according to a new report from Redfin.
Read More »HUD Establishes Independent Office of Manufactured Housing
HUD’s new office will administer the Department’s Manufactured Home Construction and Safety Standards, a code that establishes standards for the design and construction of manufactured homes to assure quality, durability, safety, and affordability.
Read More »Bridging the Racial Homeownership Gap
While racial disparities in homeownership are at their highest level in 50 years, closing the Black-white homeownership gap in the U.S. will take adding nearly five million African American homeowners, according to the U.S. Department of Housing and Urban Development.
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