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NMHC and NAA Send Letter to White House Highlighting Regulations for Review

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As our nation continues to grapple with a significant housing shortage, the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) sent a letter to the White House requesting a thorough review of 32 federal programs, rules and regulations at 10 different agencies. The goal of this review is to increase housing supply, lower costs and improve housing affordability. Some regulations stray from their intended purpose, stifling innovation, and hampering housing

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Figure’s DART Lien Registry Attracts Major Partners

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Figure’s DART system, a blockchain-based lien registry, adds Goldman Sachs, Jefferies, Deutsche Bank, and over half of the Top 20 Independent Mortgage Banks Figure Technology Solutions (“Figure”), a technology platform powering a more efficient and liquid marketplace for financial products, announced that its DART electronic lien registry has achieved significant ecosystem traction among warehouse providers, investors and originating partners. DART is a core component of the Figure Connect loan marketplace. Goldman Sachs, Jefferies,

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THE Q4 2024 VERISK REMODEL INDEX

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Prices continue to increase, but at a slower pace, as the industry braces for the impact of potential tariffs on imported goods and materials. The cost of home repairs and remodeling in the third quarter of 2024 continued to increase, rising by 3.65% from the fourth quarter of 2023, and 0.83% from the prior quarter according to the Q4 2024 Verisk Remodel Index. Costs set new highs for the past

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Redfin Reports 1 in 7 Pending Home Sales Are Getting Canceled, the Highest Share During This Time of Year on Record

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Atlanta, Las Vegas, Houston and parts of Florida are seeing the highest share of deals falling through, with supply piling up in those areas. Los Angeles is among the metro areas with the biggest increase in canceled sales, due largely to January’s devastating wildfires Just over 41,000 U.S. home-purchase agreements fell through in January, equal to 14.3% of homes that went under contract that month, according to a new report from Redfin

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Hot markets and home feature fads: How the pandemic changed home buying

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Record price growth, new in-demand features and a rise in virtual home touring mark the past five years in the housing market The housing market of today looks remarkably different from the market five years ago, just before the COVID-19 outbreak was declared a global pandemic in March 2020. Since then, home values and rents have surged to record highs, the number of $1 million homes has more than doubled, and both what buyers want

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Innovation and Opportunity

Expanding Affordable Housing Through Smart Development by Stephen Ballard Housing is one of the greatest problems in America right now. It is extremely difficult for the vast majority of Americans to afford to purchase a home. The ratio of median home price to median household income is at its highest level in 70 years, higher than the housing bubble in the early 2000s. Currently, median home prices are about seven

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