Building permits drop in June

The number of privately owned housing units authorized by building permits dropped 6.1 percent from May to June and fell 6.6 percent year-over-year. 

HUD releases new income limits for housing programs

According to a primer provided by HUD, eligibility for programs is based on three income levels — extremely low income (less than 30 percent of the median family income), very low (less than 50 percent of the median family income), and low (less than 80 percent of the median family income).

New housing construction falls

Residential housing starts fell a staggering 11.2 percent in December, according to a new residential sales report released by the U.S. Census Bureau.

Unpaid government workers owe $438M in mortgage and rent this month

Federal workers either not being paid or currently furloughed as a result of the government shutdown are estimated to owe approximately $438 million in mortgage and rent payments this month.

New home sales fall to 2-year low

New residential home sales dropped 8.9 percent in October, falling to a new two-year low, according to a new residential sales report released Wednesday.

Owner fined for rejecting disabled couple’s request for first-floor pad

A Las Vegas landlord has been slapped with a fine after his building manager refused to allow a disabled couple to move into a first-floor apartment.

Realtor nearly arrested after entering recently foreclosed home

When Alabama Realtor Cheryl Piccinini entered an empty house for a showing, she had no idea she was facing a potential breaking and entering charge.

A third of top HUD appointees have no housing policy experience

A slew of political appointees at HUD have been found to have no housing policy experience but instead worked on campaigns for Donald Trump or Ben Carson.

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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US housing starts reach highest level in over a decade

Residential housing starts rose 5 percent in May, the highest rate since June 2007, according to Bloomberg.