Do you have questions about HousingWire’s Women of Influence program? | 2018-04-26

The nomination period for HousingWire’s Women of Influence program draws to a close today. This unique annual awards program was launched to recognize the significant contributions of women in both mortgage finance and real estate. The honors are given to individuals who are making notable contributions to both their businesses and to the industry at-large –…

Is the rent finally too damn high? Rent households fall again, homeownership holds steady | 2018-04-26

Is a combination of high rents and shifting demographics driving a move from renting to buying? The latest data from the Census Bureau shows that may be exactly what’s happening. On Thursday, the Census released its quarterly report on residential vacancies and homeownership. And the report had some good news and bad news, depending on…

Who are today’s homebuyers?

New demographics have emerged as the leaders in the home buying market in 2018, according to a new report from Veritas Urbis Economics. In its new report, the company said homebuyers are increasingly “women, graying and without children.” Those are three separate categories, not one. Source link

HUD proposes raising rent for people receiving federal housing subsidies | 2018-04-25

Claiming that the current system of providing federal housing subsidies to low-income renters is “convoluted” and “unsustainable,” the Department of Housing and Urban Development is proposing sweeping reforms to its housing assistance programs. HUD announced on Wednesday that it will seek to introduce the “Making Affordable Housing Work Act” in Congress, which HUD claims will…

Case-Shiller reports increase in home price growth | 2018-04-24

Home prices increased across the U.S. in February, picking up the pace in annual price gains, according to the latest report released by S&P Dow Jones Indices and CoreLogic. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. Census divisions, increased by 6.3% annually in February, up from January’s increase of 6.1%.…

Rolling the dice on Atlantic City | 2018-04-24

In 1981, Louis Malle's Atlantic City, starring Burt Lancaster and Susan Sarandon, joined the few dozen films nominated for all "Big Five" Academy Awards, including best picture, direction and lead actors. It didn't win any of them. Such has been the roller coaster of fortunes for Atlantic City and the greater metro area that surrounds…

FHFA: Home prices still on the rise | 2018-04-24

Home prices are still on the rise, increasing once again in February, according to the latest monthly House Price Index from the Federal Housing Finance Agency. Home prices increased 0.6% from January, the report showed. This is a slight slowdown from the 0.8% increase in January, which was revised upward to 0.9%. Annually, home prices increased…

Freddie Mac: Home sales will struggle to rise above current levels | 2018-04-23

Home sales will struggle to rise above their current levels as housing inventory continues to shrink, according to Freddie Mac’s newly released monthly Outlook for April, which looks at the correlation between supply and demand in the housing market. Freddie Mac explained that while income growth could cause the housing market to post modest growth,…

Waterton plans $2.5 billion investment in multifamily housing | 2018-04-23

Waterton, a national real estate investor and operator, is planning to invest more than $2.5 billion in multifamily housing over the next two years after closing its largest-ever investment fund. Since its founding in 1995, Waterton has invested more than $6.7 billion in 160 multifamily real estate transactions consisting of more than 54,000 apartment units…