The Senate announced the replacement of the Federal Housing Administration commissioner Brian Montgomery will be Dana Wade. President Trump nominated Dana Wade this February. Wade previously was the acting FHA commissioner from July 2017 to June 2018 and then became the program associate director for general government at the Office of Management and Budget from […]
Homebuyers are eager to purchase because of the record-low mortgage rates. The month of May brought the largest monthly gain ever recorded, and this month the rise in pending home sales is back up to pre-pandemic levels. The National Association of Realtors (NAR) publishes The Pending Home Sales Index (PHSI) which is the leading indicator […]
Join in on the on-screen fun at home in New Orleans. New Orleans, LA 70124 August 22, 2020 11am – 3pm This is a free event. Entertainment Line Up: 11am Reading with Alyssa My Big Curly Fro 12pm Hide and Speak with Cubs the Poet 1pm Tasting Stations with Southern Food & Beverage Museum 2:30pm […]
Builders definitely have job security when it comes to homebuilding. The U.S. Housing Development and Commerce Department reported that housing starts rose 17.3 % to a seasonally adjusted rate of 1.19 million units. For single-family homes it increased 17.2% to a seasonally adjusted rate of 831,000 and multifamily homes rose 17.5% to a seasonally adjusted […]
Builder confidence has caught back up to the pre-pandemic level as of July. The housing market is in the lead to the U.S. economic recovery. According to the latest NAHB/Wells Fargo Housing Market Index (HMI) newly-built single-family homes rose from 14 points to 72 points in July. The National Association of Home Builders started the […]
