Tag: single-family

Which Housing Markets Are Growing the Fastest?

Filed in Economics, Multifamily by on October 21, 2021 0 Comments
Which Housing Markets Are Growing the Fastest?

Home building has staged a slow, modest recovery over the last decade, following the Great Recession, with an accelerated uptick last year during the COVID-19 pandemic. Increased building activity can been seen in both the single-family and multifamily sectors, based on data for permits from the U.S. Census Bureau.

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FHA’s MMIF Capital Reserves Climb in Fiscal 2020

Filed in Advocacy, Housing Finance by on November 13, 2020 0 Comments
FHA’s MMIF Capital Reserves Climb in Fiscal 2020

The Federal Housing Administration (FHA) today released its annual report to Congress that shows the agency’s capital reserve ratio of its Mutual Mortgage Insurance Fund (MMI Fund) ended the fiscal year at 6.10% — an increase of 1.26 percentage points over the fiscal 2019. This is well above the congressionally mandated 2.0% capital ratio.

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Is Single-Family Built-for-Rent the Future of Rental Housing?

Filed in Economics, Multifamily, Trends by on October 22, 2020 3 Comments
Is Single-Family Built-for-Rent the Future of Rental Housing?

Although a small segment within the overall housing industry, single-family built-for-rent has growth opportunity in the wake of the COVID-19 pandemic as various demographics seek out lower-density areas and living spaces, while also providing the flexibility of renting.

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How Long Does it Take to Build a Single-Family Home?

Filed in Economics, Trends by on September 30, 2020 13 Comments
How Long Does it Take to Build a Single-Family Home?

The average completion time of a single-family house is around 8.1 months, which usually includes a little over a month from authorization to start and another seven months to finish the construction, according to the 2019 Survey of Construction (SOC) from the Census Bureau.

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Building 1,000 Homes Packs an Economic Punch

Filed in Economics, Multifamily by on April 3, 2020 7 Comments
Building 1,000 Homes Packs an Economic Punch

A new study from NAHB shows that housing stands poised to lead the economic rebound once social distancing and other virus mitigation efforts show success in containing the coronavirus pandemic.

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HUD Issues Mortgage Relief for FHA Single-Family Home Owners

HUD Issues Mortgage Relief for FHA Single-Family Home Owners

Effective April 1 for borrowers with a financial hardship that makes them unable to pay their mortgage due to the outbreak, mortgage servicers must extend deferred or reduced mortgage payment options — called forbearance — for up to six months, and must provide an additional six months of forbearance if requested by the borrower.

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A Decade of Home Building: The Long Recovery of the 2010s

Filed in Economics, Housing Affordability by on January 6, 2020 31 Comments
A Decade of Home Building: The Long Recovery of the 2010s

The 2010s was by far the lowest decade of single-family production in the last 60 years. During this 10-year period, single-family home construction totaled just 6.8 million units. By comparison, single-family starts ranged from 9.3 million units in the 1960s to 12.3 million in the 2000s.

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Rural Housing Service Publishes Final Rule to Encourage Single-Close Loans

Filed in Housing Finance by on July 22, 2019 0 Comments
Rural Housing Service Publishes Final Rule to Encourage Single-Close Loans

A final rule by the Rural Housing Service (RHS) published July 22 in the Federal Register will provide increased flexibility for the agency to facilitate and encourage single-close construction loans, which will stimulate new construction, rehabilitation and homeownership in rural areas.

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55+ Housing Builders, Developers Stay Confident in 3rd Quarter

Filed in 55+ Housing, Economics by on November 2, 2017 0 Comments
55+ Housing Builders, Developers Stay Confident in 3rd Quarter

Builder confidence in the single-family 55+ housing market continued to be positive in the third quarter, according to the NAHB 55+ Housing Market Index (HMI), released today.

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Find Out What Other Single-Family Builders Pay Their Staff

Filed in Economics by on July 19, 2016 0 Comments
Find Out What Other Single-Family Builders Pay Their Staff

The 2014 Single-Family Builder Compensation Study reveals the most recent compensation and benefits data available for 39 common positions at single-family home building companies.

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