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HUD to Radically Cut Advance Notice of Housing Inspections
HUD has announced it is dramatically reducing the advance notice it provides to public housing authorities and private owners of HUD-subsidized apartment developments before inspections to 14 days.
Home Prices are the Principal Barrier to Homeownership
A recent Eye on Housing blog post revealed that 58% of buyers actively searching for a home to buy in the fourth quarter of 2018 have been looking unsuccessfully for at least three months. Find out why it is it taking these buyers so long to pull the trigger.
Housing Affordability is an Issue for All Age Groups
NAHB’s latest quarterly Housing Trends Report shows that prospective home buyers in all age categories are wrestling with affordability issues.
More Buyers Report It’s Harder to Find a Home
The percentage of prospective home buyers reporting that their house search was getting harder or not improving rose from 65% at the end of the fourth quarter of 2017 to 72% in the final quarter of 2018, according to NAHB’s latest Housing Trends Report.
Arkansas Senate Overwhelmingly Passes Housing Affordability Bill
At the urging of local citizens and the housing community, the Arkansas Senate yesterday passed SB 170, legislation that would prevent cities and counties from regulating building design that would needlessly raise the cost of housing.
NAHB Commends State of the Union Proposal on Infrastructure
While NAHB supports increased infrastructure spending, First Vice Chairman Greg Ugalde, who attended the event at the U.S. Capitol, also called on policymakers to address mounting housing affordability concerns.
HUD Lays Out Priorities to Address Shutdown Backlog
HUD has issued two memos that lay out its priorities to address the backlog of activities caused by the government shutdown.
NAHB Commends Crapo Proposal to Move Housing Finance Reform Debate Forward
Senate Banking Committee Chairman Mike Crapo (R-Idaho) today released an outline to reform the nation’s housing finance system. NAHB sees this as a positive development to move forward on this important housing priority and Chairman Randy Noel issued a statement on the proposal.
NAHB Files Amicus Brief in Supreme Court Case Challenging Power of Federal Regulators
NAHB has weighed in on a Supreme Court case that has widespread implications for how courts handle challenges to all agency regulations. The case, Kisor v. Wilkie, addresses the issue of whether courts should defer to an agency’s interpretation of its own regulations, known also as Auer deference.
Fed Holds Interest Rates Steady; What Does This Mean for Housing?
The Federal Reserve ended its two-day meeting of its policymaking committee by announcing it would hold short-term interest rates steady and signaling that it will carefully evaluate future economic conditions before considering another rate hike. NAHB Chief Economist Robert Dietz provides an analysis of the Fed’s decision and the possible impact on the housing market.