Residential

Mortgage delinquencies during January were down by 8.6 percent from the previous month but were 1.3 percent higher than one year ago, according to new data from Black Knight Inc.
Mortgage delinquencies during January were down by 8.6 percent from the previous month but were 1.3 percent higher than one year ago, according to new data from Black Knight Inc.   January’s numbers were impacted by the tumult from Hurricanes Harvey and Irma: 146,000 loans remain delinquent as a... Keep Reading....
Buying a home is more affordable than renting in more than half of the nation’s housing markets
Buying a home is more affordable than renting in more than half of the nation’s housing markets, but nearly two-thirds of the population live in the markets where it more affordable to rent than buy. However, buyers are increasingly finding themselves paying more than the list price for the... more
New York City experienced a 58 percent year-over-year increase in first-time foreclosures during 2017, the highest level since 2009
New York City experienced a 58 percent year-over-year increase in first-time foreclosures during 2017, the highest level since 2009.   According to new data from PropertySharks, new foreclosures were tied to 3,306 homes across the city last year. Among the city’s five borough, Staten Island... more
A coalition of 76 non-profits representing civil rights, faith-based and affordable housing groups have called on the Department of Housing and Urban Development (HUD) to reverse its two-year suspension on implementing the Affirmatively Furthering Fair Ho
A coalition of 76 non-profits representing civil rights, faith-based and affordable housing groups have called on the Department of Housing and Urban Development (HUD) to reverse its two-year suspension on implementing the Affirmatively Furthering Fair Housing (AFFH) regulation created during the... more
Vermont legislators approved a plan to sell $37 million in “sustainability bonds” that will be used to finance construction of new affordable housing across the state
Vermont legislators approved a plan to sell $37 million in “sustainability bonds” that will be used to finance construction of new affordable housing across the state.   According to the Vermont Housing Finance Agency (VHFA), the bonds will go on sale beginning on Jan. 8 and will finance the... more