HUD puts $35 million toward public housing independence

The U.S Department of Housing and Urban Development (HUD) will devote $35 million to helping “low-income residents become self-sufficient” in housing, the department announced Tuesday …

Housing Starts Blow by Expectations

Home-building activity blew by expectations in January, with housing starts up 9.7 percent to a rate of 1,326,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts increased 3.7 percent to 846,000. Starts for units in buildings with five units or more […]

The post Housing Starts Blow by Expectations appeared first on RISMedia.

New-Home Sales Sink in December

New-home sales sank in December, with sales of new, single-family homes down 9.3 percent to 625,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $398,900, while the median was $335,400. New-home listing inventory was 295,000—5.7-months supply. “December’s drop in new-home sales was […]

The post New-Home Sales Sink in December appeared first on RISMedia.

Housing Starts Trip Up

But Could ‘Easily’ Exceed 1.3 Million This Year Home-building activity stumbled in December, with housing starts down 8.2 percent to a rate of 1,192,000, according to the latest data from U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 11.8 percent to 836,000. Starts for units in buildings […]

The post Housing Starts Trip Up appeared first on RISMedia.

Housing Starts Rise in Surprise November

Home-building activity rose in a surprise November, with housing starts up 3.3 percent to a rate of 1,297,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts increased 5.3 percent to 930,000. Starts for units in buildings with five units or more […]

The post Housing Starts Rise in Surprise November appeared first on RISMedia.

Hurricane season responsible for 10% of delinquent mortgages

While mortgage payment delinquencies are generally down across the country, they were explainably up in states hit by Hurricanes Irma and Harvey, resulting in a slightly raised annual delinquency rate, according to the October 2017 Black Knight Mortgag…

New-Home Sales Surge in October

New-home sales rose in October, with sales of new, single-family homes up 18.7 percent to 685,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $400,200, while the median was $312,800. New-home listing inventory was 312,800—4.9 months supply. “In the strongest year-over-year growth […]

The post New-Home Sales Surge in October appeared first on RISMedia.

Facebook’s reportedly still allowing discriminatory housing ads

When it comes to preventing housing discrimination, Facebook appears to be falling far short of its promises. A year ago, Facebook announced it would bar housing ads targeted by race from its social network. In February, the $528 billion company announ…

New-Home Sales Shoot up in September

New-home sales shot up in September, with sales of new, single-family homes up a stratospheric 18.9 percent to 667,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $385,200, while the median was $319,700. New-home listing inventory was 279,000—5.0 months supply. “The September […]

The post New-Home Sales Shoot up in September appeared first on RISMedia.

Home sales up 18.9 percent to 667,000

Good news for the housing market: sales of single-family homes rose by 18.9 percent in September, to 667,000 new houses sold, according to new stats released today from the U.S. Census Bureau and HUD (U.S. Department of Housing and Urban Development) …