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Affordable Housing Is Expanding: What to Know About It

USA Real Estate News-RISMedia - 7 hours 55 min ago

Affordable or subsidized housing has been, and will remain, a complex and emotional issue, steeped in history, economics, race and politics. Many people worry about crime, crowding or other problems allegedly created by these projects. Though experts largely agree that an ongoing lack of affordable housing has created a crisis and there will need to be significant investments in building more, the how, where and to what degree remains hotly debated.

Today’s Real Estate Brokerage: NAR Breaks Down Models and Outlooks

USA Real Estate News-RISMedia - 7 hours 55 min ago

Brokerages vary in size, leadership style, business model, tech offerings and more. To get an idea of how real estate brokerages are doing business, we take a look at the National Association of REALTORS’® (NAR) new “2021 Profile of Real Estate Firms.”

Housing Market Falls Into Seasonal Trends, But Second Wind Could Be Looming

USA Real Estate News-RISMedia - 7 hours 57 min ago

We’re seeing more balance in the housing markets, but a second wind could be ahead, according to the latest data from realtor.com®’s Weekly Housing Trends Report.

Another Week of Flat Rates, Says Freddie Mac

USA Real Estate News-RISMedia - 7 hours 57 min ago

According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), the 30-year fixed mortgage rate averaged 2.86% for the week ending Sept. 16.

Mortgage details:

30-year fixed-rate mortgage averaged 2.86% with an average 0.7 point for the week, down slightly from last week when it averaged 2.88%. Last year, the 30-year FRM averaged 2.87%.

HUD Tackling Youth Homelessness With $142M in Awarded Funds

USA Real Estate News-RISMedia - 7 hours 59 min ago

The U.S. Department of Housing and Urban Development (HUD) is awarding $142 million to build systems to end youth homelessness in 33 local communities, including 11 rural communities. HUD’s “Youth Homelessness Demonstration Program” (YHDP) will support a wide range of housing programs including rapid rehousing, permanent supportive housing, transitional housing and host homes.

Home sales should stay strong this fall: MoxiWorks report

USA Real Estate News-Inman - 8 hours 13 min ago
The tech startup's data suggests that, thanks to the pandemic and low interest rates, home sales will see less of a seasonal drop off this fall than they have in prior years.
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