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Housing Headlines

Housing Headlines

Economy

 

MarketWatch

State-by-state look at house prices finds Washington, Colorado on top

When it comes to home prices, the West is still the best. The two states with the biggest yearly price gains in February were Washington and Colorado, data firm CoreLogic said Tuesday. Home prices there rose 12.4% and 10.5%, respectively, over the previous 12 months.

CNBC

Refinance reboot pushes mortgage applications up 2.7%

A sharp drop in mortgage rates was enough to spark a refinance rebound, but it did little to spur homebuyers in a spring market plagued by very tight supply.

USA Today

Millennials fuel apartment-building boom; will it last?

Jason and Rebecca Petersen's lives are in flux, just as they are for many young families. They like life as renters in the urban neighborhood in Denver called LoHi, where apartments are steadily replacing single-family houses, and crowds of millennials flock to trendy shops and restaurants.

Chicago Tribune

More older Americans becoming renters

Baby boomers are altering the American Dream. After having the home in the suburbs, the kids, the two cars, and maybe even the picket fence, a growing number now want to ride elevators to rental apartments and walk out the door to restaurants. When the kids are grown, an increasing number of empty nesters are selling homes and aspiring to live like urban millennials — in rental buildings full of amenities and free of lawn mowing, shoveling, mortgages and property taxes.

The Washington Post

Mortgage rates plummet to lows not seen in more than a year

Mortgage rates followed long-term Treasury yields downward, plummeting to lows not seen in more than a year.

The Hill

Home loan delinquencies continue steady drop

Consumers made their home equity loan payments on time during the final quarter of last year with the help of an expanding economy, another sign of the housing market's improving health, a new survey shows.

The Wall Street Journal

U.S. apartment market shows signs of losing steam

The apartment-rental market cooled in the first quarter, according to reports from three research companies, suggesting a six-year boom that has pushed the cost of housing to unaffordable heights in many U.S. cities might be coming to an end. (Subscription may be required.)

 

 

 

GSEs

The Wall Street Journal

Why Fannie and Freddie cannot be recapitalized

How much capital would Fannie Mae and Freddie Mac need if operated as private companies?

PRODUCT NEWS

MP Global

What's Under Your Floors?

Here's a perfect way to streamline installation and boost long-term performance of new laminate floors: pair the planks with acoustic underlayment especially engineered to address the particularities of laminate.

Ply Gem

PVC Shake and Shingle

The style and grace of shake-and-shingle clad homes is part of the American architectural tradition, but the upkeep required to keep these exteriors looking good is more than most homeowners care to take on.

HOUSING POLICY

The New York Times

Federal housing officials warn against blanket bans of ex-offenders

Private landlords who have blanket bans on renting to people with criminal records are in violation of the Fair Housing Act and can be sued and face penalties for discrimination, the federal Department of Housing and Urban Development said.

PERSUADER RULE

Construction Dive

ABC lawsuit against DOL claims 'persuader' rule will 'chill employers' First Amendment rights'

The Associated Builders and Contractors (ABC) and a coalition of other business groups filed a suit against the U.S. Department of Labor (DOL) to contest the agency's expanded version of its "persuader rule," which obligates employers to reveal if they've consulted with outside sources in developing employee communication about unionization.

AFFORDABLE HOUSING

American Banker

FHA adds another 'brick in the wall' to boost supply of affordable housing

With the supply of affordable housing shrinking rapidly, federal housing agencies continue to offer new incentives to encourage the development or redevelopment of multifamily properties aimed at low-income renters. (Subscription may be required.)