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The U.S. Environmental Protection Agency honored the National Multifamily Housing Council (NMHC) with a 2017 ENERGY STAR Partner of the Year–Energy Efficiency Program Delivery Award for its sponsorship of programs
The nation’s capital is also the capital of LEED-certified construction, according to new data released by ABODO.   The Washington, D.C., metro area is home to more than 183 million square feet of residential construction and 310 million square feet of commercial construction that has received... Keep Reading....
Homeowners with mortgages saw their equity increase by 10.6 percent year-over-year during the second quarter, representing a gain of $766 billion
Homeowners with mortgages saw their equity increase by 10.6 percent year-over-year during the second quarter, representing a gain of $766 billion, according to new data from CoreLogic.   Roughly 63 percent of all homeowners have mortgages, and this sector within the housing market gained an average... more
For the first time in seven weeks, Freddie Mac is reporting an increase in the average 30-year fixed mortgage rate
For the first time in seven weeks, Freddie Mac is reporting an increase in the average 30-year fixed mortgage rate.   The 30-year fixed-rate mortgage (FRM) averaged 3.83 percent for the week ending Sept. 21, up from last week when it averaged 3.78 percent. The 15-year FRM this week averaged 3.13... more
The Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Sept. 15 found the Market Composite Index down by 9.7 percent
The Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Sept. 15 found the Market Composite Index down by 9.7 percent on a seasonally adjusted basis from one week earlier. However, on an unadjusted basis, the index increased 12 percent compared with the previous... more
Total existing-home sales fell by 1.7 percent to a seasonally adjusted annual rate of 5.35 million in August from 5.44 million in July
Total existing-home sales fell by 1.7 percent to a seasonally adjusted annual rate of 5.35 million in August from 5.44 million in July, according to new data from the National Association of Realtors (NAR). Last month’s sales pace is 0.2 percent above last August, and is also the lowest in a year... more