[Video] Here’s one way housing and healthcare go together

Posted December 1, 2016 / No comments

Housing and healthcare, to some peoples’ surprise, are closely related. Recent talks surrounding President-elect Donald Trump selecting Ben Carson, a former GOP presidential candidate and retired neurosurgeon, as Secretary of Housing and Urban Development helped bring this association back to the forefront of housing conversations. Former representative Rick Lazio explains in a video interview. Source:

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DoubleLine's Gundlach says Trump rallies seem to be 'losing steam'

Posted December 1, 2016 / No comments

Financial markets could reverse their solid momentum at the latest by U.S. President-elect Donald Trump’s Jan. 20 inauguration, DoubleLine Capital Chief Executive Jeffrey Gundlach said on Thursday. The strong U.S. stock market rally, surge in Treasury yields and strength in the U.S. dollar since Trump’s surprising Nov. 8 presidential victory look to be “losing steam,”

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HUD bans smoking in subsidized housing

Posted December 1, 2016 / No comments

The Department of Housing and Urban Development announced a new ban on smoking in all public housing. Here are some of the reasons behind this new ban that will take effect in 2018. Do you think smoking should be banned in subsidized housing? Let us know! Source: Housing Wire

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FHA LOAN LIMITS TO RISE IN 2017

Posted December 1, 2016 / No comments

WASHINGTON – The Federal Housing Administration (FHA) today announced the agency’s new schedule of loan limits, and due to an increase in housing prices, most areas in the country will see a slight increase in loan limits in 2017 These loan limits are effective for case numbers assigned on or after January 1, 2017, and

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Multifamily Construction Spending Continues Strong Growth

Posted December 1, 2016 / No comments

NAHB analysis of Census Construction Spending data shows that total private residential construction spending grew 1.6% in October to a seasonally adjusted annual rate of $472.9 billion. Multifamily construction spending continued its record breaking pace and reached $63.7 billion, up by 2.8% over the revised September estimates. It was 11.4% higher since October 2015. Single-family

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Blackstone reportedly files to take Invitation Homes public

Posted December 1, 2016 / No comments

Blackstone Group is apparently moving forward in its plans to take its single-family rental unit, Invitation Homes, public in 2017. The Wall Street Journal is reporting that Blackstone is taking the next step in the process, reportedly filing confidentially for an IPO that could come “as soon as January.” Source: Housing Wire

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Is Ben Carson as HUD secretary a good idea? Reactions vary wildly

Posted December 1, 2016 / No comments

Well, it’s been a few days since HousingWire reported that Ben Carson intended to accept President-elect Donald Trump’s offer to serve as Secretary of Housing and Urban Development, but there’s been no official word yet. Since tweeting about the job last week, Carson’s Twitter feed has been quiet. But that hasn’t stopped reactions to Carson’s

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