New residential home sales plummet to 2-year low in September

New residential home sales dropped 5.5 percent in September to the lowest growth in almost two years, according to the Census Bureau and the HUD.

Should a family of 7 be able to live in this duplex? Yes, says HUD

Wisconsin homeowners are being charged with discrimination by HUD for denying the rental application of a family with five children.

The government is cracking down on reverse mortgages

Homeowners looking for a reverse mortgage may have to undergo a second appraisal in certain circumstances, thanks to new guidance from the Federal Housing Administration (FHA).

Housing starts soar in August but permits plunge to 15-month low

Privately owned housing starts jumped 9.2 percent month-over-month and 9.4 percent year-over-year to a seasonally adjusted annual rate of 1,282,000, according to the latest data from the U.S. Department of Housing and Urban Development and U.S. Census Bureau. 

Sales are down, but inventory is up in latest new-home sales data

Sales of new single-family homes dipped slightly in July to a seasonally adjusted annual rate of 627,000, a 1.7 percent decline, month-over-month.

Seniors face affordable housing crisis

Surging demand and limited development have created an affordable-housing crisis for seniors that’s only expected to worsen in the years ahead.

HUD Alleges Facebook Fair Housing Violations

In a formal complaint filed on Friday, the U.S. Department of Housing and Urban Development (HUD) accused Facebook of allowing landlords and homeowners to use targeted Facebook ads to discriminate against potential tenants and buyers based on race, color, religion, familial status, sex, national origin and disability. HUD alleged Facebook’s “targeted advertising” limits housing options […]

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HUD charges Minnesota homeowners and their Realtor with discrimination

Minnesota homeowners and their Realtor are being charged by the U.S. Department of Housing and Urban Development (HUD) with discrimination.

Building Claws Higher in July

Building clawed 0.9 percent higher in July, but still underwhelmed year-over-year, according to the Commerce Department. Combined, housing starts totaled 1.17 million, with 303,000 multifamily (five units or more) starts and 862,000 single-family starts. On an annual basis, starts tumbled 1.4 percent. Approvals for builds, encouragingly, increased 1.5 percent to 1.31 million permits, with approvals […]

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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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