They may slow down their search for a new home or look for smaller homes, but a very few buyers looking at purchasing a home in 2018 will halt their plans if mortgage rates go beyond 5 percent, according to ...
Read More »Nearly All California Cities Failed to Hit Housing Goals
Communities across the nation are struggling with housing shortages, with those problems amplified by home prices that continue to increase and a specific shortage of affordable housing keeping many potential homeowners stuck renting. California is certainly not immune to the ...
Read More »Lack of Affordable Homes Driving Nationwide Migration Trends
Redfin CEO Glenn Kelman recently appeared on CNBC to discuss the state of housing industry and the overall trends he is seeing in the early days of 2018. Kelman highlights the continued lack of affordable housing, the early and surprising impacts ...
Read More »Puerto Rico Evacuees Exacerbating Florida Housing Crisis
Update: This story has been updated to note FEMA's extension of the TSA program for Puerto Rico evacuees. Over three months after Hurricane Maria made landfall on the island of Puerto Rico, half of the island’s 3.4 million citizens are ...
Read More »Fannie Offers $10M for Affordable Housing Solutions
Fannie Mae is offering $10 million dollars for solutions to the country’s affordable housing issues. The government-sponsored enterprise issued its Sustainable Communities Innovation Challenge earlier this week.
Read More »First Steps to Tax Reform
Five expert witnesses were invited to testify The United States Senate Committee on Finance to help brainstorm ways in which the industry could increase supply, a key challenge to the housing market, as well as find ways to incentivize home starts near schools, public transit, parks, and retail establishments.
Read More »Americans Voice Concerns on Losing Housing
The NHP Foundation polls 1000 Americans to gauge their feelings about housing and job security.
Read More »New Tool Shows Struggles of Financing Affordable Housing
New tool shows how financing affordable housing without subsidies is almost impossible for developers to build homes that are affordable for low- or extremely low-income families.
Read More »The Week Ahead: Looking to UK for Affordable Housing Model
In a hearing in the House Financial Services Subcommittee on Housing and Insurance, the subcommittee will assess affordable and rental housing programs 50 years after the creating of HUD.
Read More »Wells Fargo Extends Outreach in Underserved Communities
Wells Fargo unveiled new corporate social responsibility goals that are intended to address global social, economic, and environmental challenges, including a multibillion-dollar mortgage pledge to minority and low-income communities.
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