News Flash

Single-family housing starts in June were at a rate of 849,000
Housing Starts Up 6.3 Percent
Single-family housing starts in June were at a rate of 849,000, which is 6.3 percent above the revised May figure of 799,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Privately-... Read more
Builder confidence in the newly-built single-family home market dropped by two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)
Builder Confidence at Eight-Month Low
Builder confidence in the newly-built single-family home market dropped by two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI... Read more
Mortgage application transactions are on the rise again, according to new data from the Mortgage Bankers Association (MBA) that traced activity for week ending July 14
Mortgage Applications Enjoy a Healthy Upswing
Mortgage application transactions are on the rise again, according to new data from the Mortgage Bankers Association (MBA) that traced activity for week ending July 14.   Last week's results included an adjustment for the Fourth of July... Read more
New research from the Federal Reserve Bank of New York has linked the increase in college tuition and student debt to the decline of homeownership among young Americans
N.Y. Fed Report Links Tuition Hikes to Homeownership Declines
New research from the Federal Reserve Bank of New York has linked the increase in college tuition and student debt to the decline of homeownership among young Americans.   According to a Bloomberg analysis of the Fed’s report, up to 35... Read more
Foreign buyers and recent immigrants purchased $153 billion of U.S. residential property between April 2016 and March 2017, according to new data from the National Association of Realtors (NAR)
Foreign Investment in U.S. Residential Real Estate Soars
Foreign buyers and recent immigrants purchased $153 billion of U.S. residential property between April 2016 and March 2017, according to new data from the National Association of Realtors (NAR). This represents a 49 percent year-over-year... Read more
While many people are ready to tuck the housing crash into the history books, its residue is still being felt by Gen X homeowners with minimal equity gains
Study Finds Gen X Homeowners Lacking in Equity
While many people are ready to tuck the housing crash into the history books, its residue is still being felt by Gen X homeowners with minimal equity gains, according the latest Zillow Home Equity Report. Indeed, the Gen X demographic has... Read more
The Internet’s most powerful e-commerce site appears to be focused on branching out into the housing market, with a specific targeting of Zillow’s market dominance
Is Amazon Ready to Muscle in on Zillow’s Territory?
The Internet’s most powerful e-commerce site appears to be focused on branching out into the housing market, with a specific targeting of Zillow’s market dominance.   According to the tech news service GeekWire, Amazon set up a “Coming... Read more
The continued rise in home prices could have a deleterious impact on the state of senior housing, according to Dr. Ben Carson, the secretary of Housing and Urban Development (HUD)
HUD’s Carson Warns of Senior Housing Crisis
The continued rise in home prices could have a deleterious impact on the state of senior housing, according to Dr. Ben Carson, the secretary of Housing and Urban Development (HUD).   According to an Orlando Sentinel report, Dr. Carson... Read more
A coalition of housing and financial services trade associations is calling on Congress to support legislation to redefine the role that private flood insurance policies play in regards to the National Flood Insurance Program (NFIP)
Trade Groups Rally for Private Flood Insurance Legislation
A coalition of housing and financial services trade associations is calling on Congress to support legislation to redefine the role that private flood insurance policies play in regards to the National Flood Insurance Program (NFIP).   In... Read more
Calyx Software has announced that Peg Wolschon, Senior Corporate Event Manager, has received the RISE Award for Educational Programming from Meeting Professionals International (MPI)
Calyx’s Peg Wolschon Honored by Meeting Professionals International
Calyx Software has announced that Peg Wolschon, Senior Corporate Event Manager, has received the RISE Award for Educational Programming from Meeting Professionals International (MPI). MPI represents a global community of 60,000 meeting and... Read more