Housing Wire

MARCH 18, 2024

Department of Housing and Urban Development (HUD) on Monday announced that it would be bringing its Innovative Housing Showcase back to the National Mall in Washington, D.C. The event is designed to highlights housing solutions and “advancements in housing design, technology and sustainability.”

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Housing Wire

OCTOBER 16, 2023

The White House on Monday announced a series of new initiatives designed to boost U.S. The Consumer Financial Protection Bureau (CFPB) is also currently developing “reforms to existing rules to help homeowners when they have trouble making their mortgage payments,” the announcement said. New HUD, FHA policies The U.S.

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Housing Wire

JULY 26, 2023

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. Each new goal, while worthy, widens the disconnect between buildings constructed decades ago and what regulation requires today.”

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Housing Wire

MARCH 11, 2024

Tina Kotek, the bill aims to invigorate home construction in the state. The newly approved bill grants cities a one-time exemption from long-standing regulations to acquire new land for housing developments. The measure is designed to facilitate residential development on more suitable terrain outside city limits.

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Housing Wire

APRIL 15, 2024

Combating the increase in housing costs requires “swift action,” and Lombardo noted that in a prior letter to the president he requested that Biden “make more federal lands available for housing development, so that Nevada can increase its inventory and address shortages to ultimately drive down costs,” he said. A record 1.7

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Housing Wire

MAY 19, 2023

Residents in the state of Rhode Island could soon have an easier time constructing accessory dwelling units (ADUs) on their properties, as a bill prioritized by the state’s House Speaker Rep. We are taking a lot of liberties as a state and giving a lot of power to developers that towns just may not want to or more not be able to do.”

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Housing Wire

APRIL 12, 2022

To help the lowest-income families, who increasingly can’t find affordable housing in today’s market, federal, state, and local governments devote considerable resources to subsidize the development of affordable housing with below market rents. This creates a disjointed system where policies overlap and can be redundant.

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Housing Wire

FEBRUARY 29, 2024

Department of Housing and Urban Development (HUD) and the White House announced plans to extend the Federal Financing Bank (FFB) risk-sharing program, two prominent housing associations shared their differing perspectives on the move. Shortly after the U.S. The FFB risk-sharing program has “closed or committed $4.9

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Housing Wire

MARCH 28, 2024

An increasingly popular option for adding more housing is accessory dwelling units (ADUs), but restrictive land development policies sometimes prevent ADUs from becoming the norm. They tend to have fewer construction and environmental rules, which allows the housing supply to expand faster.

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Empire Appraisal Group

FEBRUARY 15, 2024

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year. Land shortages make attached and stacked units smart choices.

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Housing Wire

MAY 12, 2021

And for those who still want to build a home from scratch, rising construction costs , limited lot sizes, and excessive red tape can make the process seem insurmountable. Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. Opportunities to innovate.

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Housing Wire

NOVEMBER 21, 2022

In particular, we highlight the partnership between CoreLogic, the Mortgage Bankers Association (MBA), the state housing finance agencies of Tennessee and Ohio, municipal housing leaders and other local stakeholders who are also committed to solving this challenge at the “grass-roots” level. and Columbus, Ohio.

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Housing Wire

MAY 7, 2021

Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. The study was filed out by 2,071 NAHB members and 57 developers, and nearly all of the builders — 98.9%, per the study — reported experiencing some type of regulatory cost during construction.

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Housing Wire

MAY 17, 2023

Senate and House of Representatives have introduced a new bill, the Affordable Housing Credit Improvement Act (AHCIA), which could help spur the construction of two million affordable housing units over the next 10 years. In the House, the bill is designated as H.R. A bipartisan group of legislators from the U.S. Todd Young (R-Ind.),

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Housing Wire

FEBRUARY 8, 2024

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales.

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Assurance Financial

SEPTEMBER 28, 2021

Buying new construction is slightly different from buying an existing home in another way. The rules for loans and financing for new home construction aren’t exactly the same as they are for buying homes that already stand. FAQs About Home Construction Loans. Curious about the process of getting a construction loan?

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Housing Wire

JULY 28, 2022

The new rule guidance is designed to expand the supply of affordable housing by making it easier to develop, repair or operate affordable housing. billion for affordable-housing development and preservation. billion for affordable-housing development and preservation. Louis , that gap is 29.3

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Housing Wire

APRIL 21, 2022

A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials. Ideally, an engineer designs a model of what they want on software, from an air duct to a prosthetic limb, and it is precisely printed out.

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Housing Wire

JANUARY 20, 2023

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. DOE should delay its effective date, while it works with HUD to develop more balanced standards.

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Housing Wire

SEPTEMBER 20, 2023

In the housing sector, the combined impact of higher rates and higher home prices drove the cost of financing a home up more than $400, or 22.5%, from a year ago. Raising interest rates is designed to tackle those still-high prices outside of the volatile food and energy sectors. Inflation picked up to 3.7% a year earlier.

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Housing Wire

SEPTEMBER 14, 2023

McCargo said she sees the development as “a big deal,” saying it’s representative of the other ESG work being done more broadly at HUD and at other federal agencies. Social is a new construct, especially in the fixed-income markets and in the mortgage-backed securities space,” she said.

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Housing Wire

JULY 20, 2022

Bush, a Republican President, signing into law the HERA legislation , developed under a Democratic-controlled Congress. Fortunately, HERA’s de novo conservatorship provisions designed to deal with this contingency have more than withstood the test of time. The immediate impact was to stabilize financial markets in turmoil.

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Housing Wire

JANUARY 5, 2021

And now HPC, headed by former Federal Housing Finance Agency President Edward DeMarco, is adding its voice to the comments. “In The proposed rule addressed capital, liquidity, governance, policy related to entity survivorship and more.

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Housing Wire

DECEMBER 4, 2023

The voucher program, also referred to as Section 8 , is designed to cover rental costs to ensure very low-income families, the elderly and the disabled can afford housing. Over the past three decades, DCH has developed more than 2,400 safe and affordable rental units in some of the most distressed areas of Dallas.

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Cleveland Appraisal Blog

OCTOBER 29, 2021

They all have done their studies and have provided their analysis of what their data reflects the total economic life of a home to be based upon its quality of construction. Therefore, for each sale, we must develop a reliable opinion of the value of its land. We’ve just developed the total economic life for one of the sales.

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Housing Wire

APRIL 12, 2024

But more broadly, since the Great Recession in 2008, there has been a greater implementation of standardized loss-mitigation measures designed to prevent a foreclosure crisis. On top of these developments, the government announced in January a plan to purchase veterans’ missed mortgage payments from lenders. foreclosure rate at 0.3%

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Housing Wire

JULY 21, 2021

McCormick’s real estate investing strategy and its outcomes in underserved Dayton neighborhoods represent a microcosm of what a new tax credit proposal from the Biden administration is designed to encourage across the country in similar neighborhoods. Identifying Underserved Neighborhoods. Achieving Better Neighborhood Outcomes.

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The Robert Weiler Company

APRIL 7, 2023

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be clear, some of these developments have been gaining momentum for decades. reduction in operating costs in the first year and a 16.9% and retrofits at 17%.

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Housing Wire

NOVEMBER 30, 2023

Hondros College Best Ohio real estate school for fulfilling prelicense requirements Visit Website Hondros courses are designed and taught by industry experts who are active in their fields, using real world scenarios to help you retain course concepts. Program follows a blueprint developed by the OH Association of Realtors®.

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GoForrmz

FEBRUARY 22, 2024

Here we’ll dive into some of the most exciting engineering trends to watch for in 2024, exploring how these developments are reshaping industries and driving positive change on a global scale. In 2024, we anticipate AI and ML to play a pivotal role in optimizing processes, streamlining operations, and driving innovation.

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Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Will Springer Realtor

OCTOBER 3, 2023

The combination of extremely high home prices and regulatory reform have turned this corner of the country into an ADU laboratory of sorts, with plenty of “formulas” being developed today to “grow” more desperately needed homes. and includes the design, labor, materials and permits.

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Housing Wire

MARCH 15, 2022

Michael Bright, CEO of the Structured Finance Association , who served previously as the chief operating officer of the government-sponsored enterprise Ginnie Mae , said the U.S. It completely upends the construct of securitization.”. I must thus let the CFPB’s case proceed.”. Into the Weeds.

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Eppraisal

DECEMBER 5, 2023

You also have a say in every architectural choice, from the floor plans to the materials builders will use in construction. Generally, the process includes a preliminary phase — which involves signing contracts for the architectural design and site plans — and pre-construction, where the project gets approval.

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McKissock

OCTOBER 1, 2022

Bottom line: If the home is going to be financed by a lender, insured by FHA, or sold on the secondary market, you must make sure you compile a fair, thorough report to ensure that the lender doesn’t take a loss. It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising.

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Empire Appraisal Group

DECEMBER 28, 2022

Constructing an ADU could increase your property value while providing rental income or extra living space for a family member. cities either do not allow ADUs or have strict regulations that inhibit their development, says Kol Peterson, an ADU consultant and the author of “Backdoor Revolution: The Definitive Guide to ADU Development.”

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Eppraisal

MARCH 28, 2023

That question centers around whether they prefer new construction to a pre-existing house that has had previous occupants. Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. Drawbacks exist alongside benefits.

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