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Jul 27, 2016

White House Unveils Clean Energy Initiative

The White House on July 19 announced the Clean Energy Savings for All Initiative, a joint effort from the Environmental Protection Agency and the departments of Energy, Agriculture, Veteran’s Affairs, Housing and Urban Development and Health and Human Services to increase access to solar energy, promote energy efficiency and ensure homeowner access to solar options.

 

Jul 27, 2016

Court Revives Freddie Mac Subprime Suit

A federal appeals court on July 20 revived a lawsuit filed by the Ohio attorney general that accuses Freddie Mac of defrauding the state’s $87.3 billion pension fund by failing to disclose risk to subprime mortgages, Reuters reported. A lower court had ruled that disclosure shortfalls didn’t prove monetary loss.

 
Jul 27, 2016

Report: 'Transparent' Countries Attract Real Estate Investments

The world’s 10 most transparent countries account for 75 percent of all global commercial real estate investment, highlighting the importance of transparency in driving investment decisions, according to the 2016 Global Real Estate Transparency Index released by commercial real estate services firm JLL, MBA NewsLink reported July 21.

 

Jul 27, 2016

Self-storage Sector Maintains Steady Growth

The self-storage sector continues its steady growth, reporting increased rents and decreased vacancy as consumers seek space to store their belongings, National Real Estate Investor reported July 18.

 
Jul 27, 2016

Mortgage Rates Tick Up

Average fixed mortgage rates during the past week inched up slightly but remained near historic lows, Freddie Mac reported July 21 in its Primary Mortgage Market Survey.

 

Jul 27, 2016

Existing Home Sales Continue Upward Trajectory

First-time buyers are returning to the market, helping to boost existing home sales in June to 5.57 million units, marking the fourth consecutive month of growth in the existing home sector, the National Association of Realtors reported July 21.

 
Jul 27, 2016

‘Down-and-Out’ Neighborhoods Rebounding

Many so called “rough-and-tumble” neighborhoods have bounced back in recent years, as tight inventory and new construction has helped convince homebuyers to consider such neighborhoods, analytics firm RealtyTrac reported July 20 in its best of the “bad” neighborhoods report.

 

Jul 27, 2016

Experts: Homes Prices Are High, but no Bubble

Real estate experts deny the housing industry currently is in a bubble, instead blaming low inventory for rising home prices, Bloomberg reported July 18. Prices are expected to decline organically when prices get high enough to drive buyers away.

 
Jul 27, 2016

Apartment Construction Booms Amid Strong Demand

Rents continue to rise in such cities as Sacramento, California; Portland, Oregon; and Tacoma, Washington; despite the large amount of new apartment construction there, National Real Estate Investor reported July 19. However, rent growth has slowed in other cities, including New York and San Francisco.

 

Jul 27, 2016

Survey: Building Lot Values at Record High

Prices for single-family building lots set a new record in 2015 with more than half priced at or above $45,000, beating the previous record of $43,000 set in 2006, the National Association of Home Builders reported July 19. Prices rose the most in the West South Central and the mid-Atlantic regions.

 
Results: 12 Articles found.

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