Home ownership is the gold standard when it comes to safe investments, and for low-income residents it can be a reliable vehicle to build generational wealth. But in terms of wealth inequality, how far does homeownership go toward closing the ...
Read More »Dip in Housing Starts Boosting Inventory
While single‐family housing starts were down in June, home buyers today are presented with more options, as new-home inventory is accounting for a bigger share of the total housing supply.
Read More »HUD Reaches Settlements Over Fair Housing Act Violations
In two separate cases, HUD has reached agreements in Massachusetts and California with several parties in settling housing discrimination claims.
Read More »Single-Family Home Inventory Up YoY in May
Despite housing inventory falling slightly to a 7.7 months’ supply month-over-month, the nation's supply was up 34.5% over last May, with 444,000 units available for sale.
Read More »Centralized HUD Timeline Management Speeds Asset Decisioning
Missing HUD deadlines can be costly; keeping track of them can be time-consuming. EXOS One Marketplace puts due dates and guidelines at your fingertips.
Read More »Celebrating 20 Years of National Homeownership Month
President Biden issues Proclamation marking June as National Homeownership Month as HUD launches “Our Way Home” initiative to boost the nation’s affordable housing supply.
Read More »Supply Chain Issues Impeding Builder Progress
The sale of new homes dipped in March with builder confidence diminishing, as builders continued to struggle to complete homes under construction due to a shortage of materials.
Read More »A Modest Suggestion for a New Era
Americans have a lot invested in residential real estate, about $12 Trillion by way of traditional first mortgages on single-family homes. While that number may be shocking, 70% of that debt has been financed by four government agencies Freddie Mac ...
Read More »HUD Distributes Nearly $3B in Disaster Recovery Funds
Ten local governments and 13 state governments share in $3 billion to strengthen recovery efforts and improve inclusive resilience to future disasters and climate impacts.
Read More »Home Construction Still Affected by Supply Chain Issues
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts in February hit 1,769,000, 6.8% above the revised January estimate of 1,657,000. ...
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