Urban Land Institute Predicts Positive Economic Changes for New Year

A new presidential term always brings change, especially when it comes to the economy. Despite the doom and gloom of the media, the overall economic outlook for the country and real estate market seems relatively positive, according to a recent Urban Land Institute webinar. During the hour-long webinar, Institute experts shared their views on what real estate […]

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Carson Approved as HUD Secretary

A Senate Committee on Tuesday approved Ben Carson as Department of Housing and Urban Development (HUD) Secretary. President Trump nominated Carson for the position in November, stating Carson “has a brilliant mind and is passionate about strengthening communities and families within those communities.” Carson shared before the Senate Committee during a confirmation hearing that he […]

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Housing Confidence Hinges on Promise of Trump Growth Policies

More homebuyers and sellers are confident about the trajectory of the economy heading into the new year, based on the promise of growth from the Trump Administration’s much-speculated-about policies. A recent outlook released by Fannie Mae, however, dials that confidence down, arguing rising mortgage rates, among other factors, will suppress housing activity. According to Fannie […]

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Housing Continues to Progress, Still ‘Room for Improvement’

Housing markets in the U.S. overall continue to progress, supporting the best year in home sales in a decade, as indicated by Freddie Mac’s Multi-Indicator Market Index® (MiMi®) value, which stands at 86—a market on the “outer edge of its historic benchmark range of housing activity.” The MiMi value, which has climbed back up 45 […]

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