Real Estate News
HUD proposes raising rent for people receiving federal housing subsidiesClaiming that the current system of providing federal housing subsidies to low-income renters is “convoluted” and “unsustainable,” the Department of Housing and Urban Development is proposing sweeping reforms to its housing assistance programs. The main tenet of the proposal is raising the... Read More
Who are today’s homebuyers?New demographics have emerged as the leaders in the home buying market in 2018, according to a new report from Veritas Urbis Economics. In its new report, the company said homebuyers are increasingly “women, graying and without children.” Those are three separate categories, not one.
FHFA: Home prices still on the riseHome prices are still on the rise, increasing once again in February. But one expert said a rise in debt-to-income ratios looks to have supported house price gains over the past few months but, with mortgage interest rates now on the rise, he still expects a slight moderation in growth this year.
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