Nearly 60% of servicemembers can put zero down when buying a home

Active-duty servicemembers purchase homes on average eight years younger than civilians, despite a lower median household income, a May report from the National Association of Realtors (NAR) found. One reason may be that 56 percent are able to purchase a home without putting any money down, thanks to loans from the United States Department of Veterans Affairs. 

Ben Carson takes aim at emotional support animals at NAR conference

Housing and Urban Development Secretary Ben Carson took a shot across the bow at emotional support animals, reaffirming a 2013 agency mandate banning the proliferation of service animals and the questionable online certificates deployed to register them.

New York becomes the first state to join Fair Housing Act lawsuit against HUD

On May 14, Gov. Andrew Cuomo announced that New York State would be the first state to join a lawsuit against the U.S. Department of Housing and Urban Development for failing to enforce the Fair Housing Act, a measure that provides equal housing opport…

NAR lays out federal policy goals at midyear conference in D.C.

The National Association of Realtors (NAR) laid out its legislative policies today, at the trade organization’s annual midyear conference in Washington, D.C.

HUD fines California landlords over racist renting practices

Property managers at two housing complexes in Lake Elsinore, California, were forced to pay $8,000 each in fines for alleged racial discrimination against prospective tenants, the Department of Housing and Urban Development (HUD) announced yesterday.

Activists sue HUD over suspension of anti-segregation rule

A trio of civil rights groups announced plans today to sue the U.S. Department of Housing and Urban Development (HUD) over the agency’s plans to suspend an Obama-era fair housing rule until Oct. 31, 2020.

HUD settles three separate sexual harassment lawsuits

The United States Department of Housing and Urban Development announced today that it’s reached settlements with three separate landlords over claims of sexual harassment — a violation of the federal Fair Housing Act.

HUD proposes major overhaul of Section 8, tripling rent for low-income families

U.S. Department of Housing and Urban Development (HUD) officials on Wednesday proposed a major overhaul to the country’s Section 8 voucher program and the low-income rental subsidies that affect 4.5 million American families.

New-Home Sales Take Off

March new-home sales took off, up 4 percent to 694,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $369,900, while the median was $337,200. New-home listing inventory was 301,000—5.2-months supply. “The March new-home sales report is consistent with our solid builder confidence […]

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New home sales up 4 percent in March, reversing recent declines

New home sales are finally on an upward path, after three months of month-over-month declines. According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD)…