Rockhaven Homes Opens Four New Home Communities Within the City of Atlanta

Rockhaven Homes Opens Four New Home Communities Within the City of Atlanta Rockhaven Homes has recently opened four new single-family home communities within Atlanta’s city limits, with a fifth community scheduled to open later this year. Read More Marietta Daily Journal https://www.mdjonline.com/pressrelease/rockhaven-homes-opens-four-new-home-communities-within-the-city-of-atlanta/article_8be69d46-b93d-11ed-8c28-f7f119d5ee60.html

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HUD Closes $96.5 Million Rental Assistance Demonstration in Chicago

HUD Closes $96.5 Million Rental Assistance Demonstration in Chicago CHA will finance the rehabilitation of a total of 500 affordable rental homes for seniors between the two properties, turning the existing housing into vibrant homes for low-income Chicago seniors. Read More U.S. Department of Housing and Urban Development https://www.hud.gov/press/press_releases_media_advisories/HUD_No_23_047

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Construction Begins on 97 Affordable Homes in Montbello Neighborhood

Construction Begins on 97 Affordable Homes in Montbello Neighborhood Phase I of the Montbello FreshLo Hub to offer income-restricted rental units exclusively for individuals and families. Read More Denver Department of Housing Stability https://www.denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Department-of-Housing-Stability/News/Construction-Begins-on-97-Affordable-Homes-in-Montbello-Neighborhood

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Pending Home Sales Jump by Most Since June 2020 as Housing Market Looks to Rebound

Pending Home Sales Jump by Most Since June 2020 as Housing Market Looks to Rebound Signed contracts to buy existing homes in the U.S. rose in January in the largest monthly increase since June 2020, as the housing market sets course for rebound mode. Read More Yahoo Finance https://www.yahoo.com/news/pending-home-sales-jump-by-most-since-june-2020-as-housing-market-looks-to-rebound-150522141.html

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3/3/2023 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY   Mortgage Applications Decrease in Latest MBA Weekly Survey The Market Composite Index for mortgage applications fell 5.7 percent on a seasonally adjusted basis from one week earlier. Purchase loan applications declined 6 percent and were down 44 percent year-on-year. This is the second week this index is at a 28-year low. The Refinance Index decreased 6 percent from the previous week and was 74 percent lower than the same week one year ago. The adjustable-rate mortgage (ARM) share of activity increased to 8.1…

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Pittsburgh Home & Garden Show Returns with Old Favorites, New Offerings

Pittsburgh Home & Garden Show Returns with Old Favorites, New Offerings The 41st Annual Pittsburgh Home & Garden Show returns with innovative, convenient and attractive ideas for home and livelihood improvement. Read More Observer-Reporter https://observer-reporter.com/pittsburgh-home-garden-show-returns-with-old-favorites-new-offerings/article_eb4c71d2-b3ea-11ed-be50-ef23c5fac8ab.html

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