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Japanese luxury-home developer plans U.S. IPO

Housing Wire

a developer of luxury single-family homes and condominiums, which also has residential leasing operations in Dallas, is looking to raise up to $30 million via the U.S. IPO to continue developing its business operations in Japan, to expand a startup online listing network and for general corporate purposes. stock market. stock exchange.

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Todman on HUD’s steps to increase supply, review rules and get the money ’out the door’   

Housing Wire

Department of Housing and Urban Development (HUD) is focusing on launching initiatives to increase home supply, review existing rules in and ensure the agency is “getting the money out the door.“ “In Before joining HUD, Todman was the CEO of the National Association of Housing and Redevelopment Officials (NAHRO) from 2017 to June 2021.

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Three yards and a cloud of dust

Housing Wire

In the 2017 tax bill, caps on state and local tax (SALT) deductions and a boost in the standard deduction eviscerated the mortgage interest deduction, ending its use for all but the wealthiest homebuyers. Congress is gridlocked, so enactment of these initiatives is highly unlikely.

Sellers 295
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“It’s crazy”: Homebuilders big and small struggle to finish projects

Housing Wire

homebuilder, housing starts, lumber, builders, builder confidence, construction. Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. of homes for sale were new construction. million homes are under construction, the highest level in decades.

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Opinion: Agencies are key to fixing housing affordability

Housing Wire

In the 2017 tax bill, caps on state and local tax (SALT) deductions and a boost in the standard deduction eviscerated the mortgage interest deduction, ending its use for all but the wealthiest homebuyers. Congress is gridlocked, so enactment of these initiatives is highly unlikely.

Sellers 425
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Local housing markets: Othello, Osage Beach and Vienna

Housing Wire

It will be slow for a few days and then we’ll get this wave of interest and buyers and then it will slow again, but it keeps picking back up,” he said. Inventory was a huge issue the last few years, but we do have some inventory now across all price points, so at least buyers have choices now,” Dominguez said.

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Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

The average income of a manufactured housing homebuyer is around $50,000, while the average income of a buyer of a site-built home is over $100,000. These standards were not developed with any real input from HUD, which has exclusive statutory authority for manufactured home construction and safety standards nationwide, through the HUD Code.