Point2: Prices Have Doubled Over Decade in Many Large U.S. Cities

Point2, Saskatoon, Saskatchewan, recently released an analysis finding that prices have doubled in less than 10 years in 68 of the country’s largest 100 cities. Some, such as Detroit, have doubled at a significantly faster rate.

Ginnie Mae Outlines Plan to Fight Housing Costs, Boost Housing Supply

Ginnie Mae on Wednesday said it will take on a larger role in HUD’s efforts to fight rising housing costs and boost housing supply, releasing a Fact Sheet outlining its efforts to drive liquidity toward equitable and affordable housing.

FHFA Holds GSE Affordable Housing Goals Steady

The Federal Housing Finance Agency yesterday announced its 2021 affordable housing goals for Fannie Mae and Freddie Mac will remain the same as they were in 2020. It also seeks input about future housing goals rulemaking.

MBA Urges FHFA to Extend Current GSE Affordable Housing Goals

The Mortgage Bankers Association, in a letter this week to the Federal Housing Finance Agency, said FHFA should extend current affordable housing goals for Fannie Mae and Freddie Mac, given current economic uncertainty.

FHFA Leaves 2021 GSE Housing Goals Unchanged

With current housing goals set to expire in December, and amid economic uncertainty stemming from the lingering coronavirus pandemic, the Federal Housing Finance Agency yesterday left 2021 housing goals for Fannie Mae and Freddie Mac unchanged from the previous three years.

2020 Storm Surge Forecast Sees 7.4 Million Residences at Risk

Okay, just to recap: So far in 2020, we’ve had the COVID-19 pandemic; partial collapse of the U.S. economy; no spring home buying season; dam breaches in Michigan; one of the busiest tornado seasons this decade; and, God help us, “murder hornets.” Now it’s June, and the official start of North American hurricane season.

September Housing Starts Tumble, But Optimism Holds

Housing starts fell sharply in September, HUD and the Census Bureau reported yesterday, but single-family starts increased slightly, reflecting continued optimism among home builders.