Tag Archives: U.S. Department of Housing and Urban Development (HUD)

Government shutdown nails housing programs in week 2

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The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown’s third week. Continue reading →

Trump looks to South Korea to bring down mortgage rates

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Overseas investors hold about $1.36 trillion in U.S. mortgage debt, with Japan, China, Taiwan and Canada accounting for 61 percent of that total. Continue reading →

LA pauses new Section 8 applications amid funding cuts

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The Housing Authority of the City of Los Angeles (HACLA) has announced a pause on accepting new Housing Choice Vouchers (HCVs), also known as Section 8 vouchers, which could leave thousands of residents at risk for homelessness, CBS News reported Tuesday. Continue reading →

New home sales see modest gains for second consecutive month

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Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate, according to the U.S. Census Bureau. Continue reading →

These are the most expensive states to insure a tiny home

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It costs about 242 percent more to insure a tiny home in Oklahoma than across the remaining U.S. states and District of Columbia, according to a new analysis. Continue reading →

NAR forges partnership with LGBTQ+ Real Estate Alliance

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The relationship between the entities will enable the development of new training opportunities in an effort to help create LGBTQ+ leaders in the real estate industry. Continue reading →

Woman files complaint alleging discrimination in home appraisals

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The valuations of an Indianapolis property owned by Carlette Duffy’s, a Black woman, more than doubled when she removed anything from her home identifying her race. Continue reading →

Residential construction on the rise amid major inventory shortage

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Residential housing starts rose 19.4 percent in March, according to a new report by the Census Bureau and the Department of Housing and Urban Development. Continue reading →