Housing Starts: Ground-Breaking in June Plummets

Home-building in June sharply slid, with overall starts toppling 12.3 percent, and single-family starts tumbling 9.1 percent, according to the Commerce Department. Housing starts totaled 1.17 million, with 304,000 multifamily (five or units or more) starts and 858,000 single-family starts. Additionally, approvals for builds fell 2.2 percent to 1.27 million permits; however, approvals for single-family […]

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How would a more conservative Supreme Court impact real estate?

The Supreme Court of the United States could have a more conservative makeup soon, and while it’s purely an exercise in speculation at this point, it could likely be a mixed bag for the real estate industry and consumers.

HUD announces $616M in hurricane recovery aid for Florida

The U.S. Department of Housing and Urban Development (HUD) approved details on Thursday of a $616 million disaster recovery plan for the state of Florida.

HUD approves $5B Hurricane Harvey recovery plan for Texas

The United States Department of Housing and Urban Development (HUD) announced on Monday the approval of a $5 billion disaster recovery plan for Texas.

HUD failed to address lead paint dangers in public housing, report finds

HUD announced the results of an audit that revealed a lack of adequate oversight of lead-based paint reporting and remediation in public housing nationwide.

Housing Starts Spike to 11-Year High, Permits Stumble

Following a dip last month, housing starts rebounded in May, up 5 percent to 1.35 million from the revised April estimate of 1.286 million, according to recent data released by the U.S. Department of Housing and Urban Development and the Commerce Department. Meanwhile, single-family housing starts jumped up 3.9 percent since April to 936,000, the […]

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San Fran RE company pays family $12K for Fair Housing Act violation

HUD has awarded a San Francisco family $12,000 after two real estate companies refused to move it to a smoke-free building for the sake of an infant who has a disability.

New York City will pay $2.2B for failure to provide ‘safe’ public housing

The New York City Housing Authority is forking over at least $2.2 billion after it admitted to lying to the United States Department of Housing and Urban Development for years about the condition of public housing developments and specifically, the pre…

Will Carson’s new HUD centers reduce the need for housing assistance?

The program’s ambitious goals are to increase employment and business ownership, enroll more individuals in college and GED programs, increase physicals and prenatal visits at federal health centers, increase civic engagement — and more.

June Is National Homeownership Month

June is National Homeownership Month, and the industry is recognizing the importance of homeownership as a milestone of the American Dream. This year’s theme, set by the Department of Housing and Urban Development (HUD), is “Find Your Place.” HUD is one of many agencies that provide resources to help consumers obtain and sustain homeownership. Through […]

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