HUD

Less Restrictive ADU Legislation=WIN For Affordable Housing

Today’s News Synopsis: Bill to Reduce Restrictions on Accessory Dwelling Units in California Gains Steam.  The National Association of Realtors reported a 1.5% decrease in pending home sales for the month of April.  Mortgage rates decreased slightly with 30-year rates now at 4.10% and 15-year rates at 3.57%. In The News: Freddie Mac – “Mortgage Rates …

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Does The Disruption And Expense Of Moving Outweigh the Benefit?

Today’s News Synopsis: Fewer Americans uproot themselves for a new job.  The National Association of Realtors reported a 0.7% decrease in existing-home sales last month.  Serious mortgage delinquency rates decreased 25 basis points to 1.67%, although originations continue to remain low following the Great Recession. In The News: National Association of Realtors – “Existing-Home Sales Slip …

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Affordable and Getting More Appealing

Today’s News Synopsis: Manufactured housing is making a comeback.  Housing starts remained firm last month, having increased 0.9% to 1.17 million units according to HUD and the Commerce Department.  Mortgage rates decreased slightly with 30-year rates now at 4.53% and 15-year rates at 4.01%. In The News: NAHB – “Housing Starts Hold Their Ground in July” …

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Study Found 68% Of Them Have Buyer’s Remorse

Today’s News Synopsis: Millennials aren’t exactly jumping for joy after buying their homes.  Mortgage rates remained relatively the same with 30-year rates 4.52% and 15-year rates at 4%.  A big problem a lot of American homeowners still seem to have is being uninsured. In The News: ATTOM Data Solutions – “Housing Precogs: Predictions Beyond Hunches” (7-19-2018) …

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Never Going to Happen But Kind of Fun to Think About. Probably Never?

Today’s News Synopsis: How California stacks up split into 3 states.  HUD and the Commerce Department reported housing starts decreased 12.3%.  Zillow plans on expanding the buy and sell business to Atlanta. In The News: ATTOM Data Solutions – “How California Housing Stacks Split Into Three States” (7-18-2018) “ATTOM Data Solutions, curator of the nation’s premier …

Never Going to Happen But Kind of Fun to Think About. Probably Never? Read More »

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