It’s a problem with an obvious solution. Since there are not enough cheap apartments at the same time many city offices remain empty, it would make sense to convert those fiscally distressed office towers into housing. […]
Single‐family housing starts in March were at a rate of 1.02 million, according to new data from the U.S. Census Bureau and Department of Housing and Urban Development. This is 12.4% below the revised February […]
The U.S. Department of Housing and Urban Development (HUD) has announced a publicity campaign designed to trumpet what it describes as the “key milestones and accomplishments since the beginning of the Biden-Harris administration as well […]
While the number of new homes rose by 4.2% in the U.S. last year, this was primarily led by a 22% increase in the multifamily sector. Single-family housing permits, meanwhile, slowed in 70% of […]
Nicholas Schmidt is partner and artificial intelligence practice leader at BLDS LLC and founder and CTO of SolasAI. This article is adapted and edited from written testimony delivered last month before the U.S. Senate Subcommittee on […]
Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves […]
Today, housing starts fell more than anticipated, but the more important story in today’s report is that even though the apartment boom is dead, single-family permits are rising. The U.S. housing apartment boom ran […]
The U.S. House of Representatives this week passed a bipartisan tax bill that included an expansion of the Low-Income Housing Tax Credit (LIHTC) program, a move lauded by housing advocates including the Mortgage Bankers […]
Housing starts, which had risen modestly in September and October, soared last month, topping 1.5 million units for the first time in 2023 . The U.S. Census Bureau and the Department of Housing and Urban […]
Housing starts rose in November, significantly beating expectations. New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s […]
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