Posted About Six Years Ago
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NAHB
ECONOMIC NEWS
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MarketWatch
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Home prices accelerated in November, Case-Shiller shows
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The numbers: The S&P/Case-Shiller 20-city index rose a seasonally adjusted 0.7% in the three-month period ending in November compared to the same period ending in October, and was up 6.4% compared to a year before. The national index rose a seasonally adjusted 0.7% for the month, and 6.2% for the year.
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The Wall Street Journal
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My 10-year odyssey through the housing crisis
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After looking at several houses along Alabama's Gulf Coast, we decided the sunny cottage on Audubon Drive in Foley was the one—so long as the seller came down a little on the price. (Subscription may be required.)
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HOUSING FINANCE NEWS
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Scotsman Guide
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GSE bill would expand competition and Ginnie Mae
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A housing-finance reform bill now pending in the Senate Committee on Banking, Housing, & Urban Affairs proposes to create a system where multiple entities are allowed to compete against each other to purchase and securitize mortgages, according to a draft of the bill leaked to the media this week.
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WOTUS
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The New York Times
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EPA blocks Obama-era clean water rule
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The Trump administration has formally suspended a major Obama-era clean water regulation ahead of plans to issue its own version of the rule later this year.
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MULTIFAMILY
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Forbes
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Three reasons multifamily developers should focus on baby boomer renters
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For the past few years, the importance of appealing to millennial renters has dominated the conversation. But, based on recent trends, the industry should really start honing their focus on baby boomers. From being the fastest-growing tenant profile to experiencing less rent burden to staying in one place for longer than other demographics, baby boomers are the ideal tenant in today's luxury multifamily space.
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