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Housing Headlines

Housing Headlines

Economic News 

 

CNBC

NAHB CEO: Homebuilding industry has 'high ceiling' for the national economy

National Association of Home Builders CEO Jerry Howard shares his outlook on the housing industry.

 

MarketWatch

Home prices hit a 31-month high in January, Case-Shiller says

U.S. house prices roared to their highest in nearly three years as demand remains hot, especially in the west.

 

Construction Dive

How the Fed's low interest rates helped post-recession housing

Potential borrowers became "more sensitive" to mortgage rate changes after the recession, suggesting that the Federal Reserve's lower interest rates helped spur recovery, according to a new working paper from the Joint Center for Housing Studies of Harvard University.

 

The Wall Street Journal

Sluggish housing recovery took $300 billion toll on U.S. economy, data show

The decline in homeownership rates to near 50-year lows is partly to blame for the U.S. economy's sluggish recovery from the last recession, new data suggest. (Subscription may be required.)

 

Housing Finance 

 

Bloomberg

Fannie-Freddie fix is the focus of senators' bipartisan push

In a bitterly partisan Congress, two senators are making a rare push across party lines to solve a persistent riddle with huge implications for the U.S. housing market: What to do with Fannie Mae and Freddie Mac?

 

HousingWire

Fannie Mae: Lender optimism higher than ever

Lenders are now more confident than ever in the economy, however, a shift towards purchase mortgages creates challenges for their profit margins, according to Fannie Mae's first quarter 2017 Mortgage Lender Sentiment Survey.

 

The New York Times

As the Number of Foreclosures Falls, Newer Firms Get Into the Game

The number of home foreclosures is down sharply from the depths of the financial crisis, even as many of the mortgage firms involved remain the same, including Fannie Mae, Wells Fargo, Bank of America and JPMorgan Chase.

 

Multifamily

 

The Wall Street Journal

Condos conquer Los Angeles

President Donald Trump's second choice for labor secretary, law school dean Alexander Acosta, stands in contrast to his first pick, fast-food executive Andy Puzder. (Subscription may be required.)

 

The Wall Street Journal

Apartment market slumps as supply surges

Apartment landlords across the U.S. struggled through a tough first quarter as a slowdown in the rental market grew worse. (Subscription may be required.)

 

Bloomberg

America Needs Small Apartment Buildings. Nobody Builds Them

Urbanists often lament that developers no longer erect the small apartment buildings that were once a staple of city neighborhoods. Instead, they construct single family homes or large apartment buildings.

 

Product News 

 

Bio-Microbics, Inc. – Providing Onsite Water/Greywater/Wastewater Solutions

RECOVER® Greywater Treatment & Reuse | Conservation Device for Water Efficiency

 

Residential Water Recovery System captures shower water, applies filtration and disinfection to be used to flush toilet(s). Saves up to 30% of water consumption in the home. Controller automates cleaning the screen, managing storage/purge process, and auto detects toilet leakage - potentially saving extra 13% in usage!

 

Labor Shortages

 

The Wall Street Journal 

America' s Growing Labor Shortage

President Trump approved the Keystone XL pipeline on Friday, and good for him, but will there be enough workers to build it? That's a serious question. Many American employers, especially in construction and agriculture, are facing labor shortages that would be exacerbated by restrictionist immigration policies. (Subscription may be required.)

 

Bloomberg

The New Jersey theme park where kids' backhoe dreams come true

Can kids in bulldozers cure the construction worker shortage?

 

Affordable Housing 

 

The New York Times

To address affordable housing shortage, restoring 19th-century homes

The tiny city of Apalachicola, Fla., is well known in preservationist circles for its abundance of restored 19th-century buildings, but when it comes to affordable housing, the Gulf Coast community comes up short.

 

Tax Reform 

 

Marketplace

Will tax reform upend market for low-income housing?

The election of President Trump has added uncertainty to the already speculative market that is low-income housing development.

 

The Weekly Standard

Time to Fix Fannie and Freddie

Comprehensive tax reform, done right, would accomplish many things: It should boost investment, productivity, and employment, and along with these economic growth. That is the intent, anyway.

 

Dodd-Frank 

 

American Banker

Health care repeal failure complicates rollback of Dodd-Frank

House Republicans' failure to repeal the Affordable Care Act — an issue that has animated the party caucus since its passage in 2010 — has thrown into question their ability to enact regulatory relief. (Subscription may be required.)

 

HUD

 

Dallas Morning News

Ben Carson Makes Housing Pitch in Dallas

Okay, he's not exactly Nolan Ryan.

 

CFPB

 

HousingWire

What is the most likely outcome for the CFPB?

As the confusion and uncertainty around the Consumer Financial Protection Bureau continues to escalate, HousingWire gathered three expert panelists to weigh in on the discussion, giving their insights on the most likely steps forward for the government and bureau.