New home sales soar by double digits

After increasing by a modest 0.4 percent in October, new home sales saw a 12.4 percent increase in November, according to the U.S. Census Bureau and Department of Housing and Urban Development. Continue reading

What the US climate-risk review means for FHA, VA loans and more

Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading

New home sales fall to 1-year low

New home sales are still up 9.2 percent year over year but have been falling since March, likely as a result of high home prices due to the rising cost of construction materials like lumber. Continue reading

What should landlords do when tenants can’t pay rent?

The number of people who have filed for unemployment in the past few weeks is approaching 10 million. This week, many of those people also had to pay rent. Continue reading

7 facts about FHA loans you should know

Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece th… Continue reading

NAR president applauds Trump’s planned environmental rule change

Vince Malta applauded the White House’s proposal to “modernize” a rule that governs an array of infrastructure projects, though the move also drew condemnation from the left. Continue reading

Newsday deputy editor calls housing discrimination, bias widespread

Veteran journalist Keith Herbert was a member of the team that discovered widespread racial discrimination at play in the real estate industry on Long Island, New York. Continue reading