HousingWireHousingWire Ben Carson, the former secretary of the U.S. Department of Housing and Urban Development (HUD) during the first Trump administration, wrote an editorial in the Washington Examiner that praises the pick of Scott Turner to succeed him in the role for the incoming Trump administration. Carson, who was rumored…
Continue reading →United Therapeutics, a biotech company that has operations in the Manchester Millyard, is backing off plans to buy city-owned property on Hackett Hill Road, saying the 350-acre site is not suitable for its plans. “We appreciate the creativity and dedication of Mayor Ruais, the Board of Mayor and Aldermen and…
Continue reading →HousingWireHousingWire “Dramatic” mortgage rate movements are destined to play a major role in the coming year, according to Zillow‘s newest forecast, which also calls for declining mortgage rates to be a catalyst for home-sales growth and home-price appreciation in 2025. “There’s a strong sense of déjà vu on tap for…
Continue reading →HousingWireHousingWire As the new year inches closer, so does a likely ban on TikTok in the U.S., which awaits a decision by the Supreme Court to determine its fate. On Friday, the U.S. Court of Appeals for the District of Columbia denied the ByteDance-owned app’s request to freeze a law…
Continue reading →HousingWireHousingWire Homeowners have generally done well over the last few years in accumulating home equity wealth. Since the onset of the pandemic, average equity per borrower increased by about $117,000 nationally, totaling almost $312,000 per mortgaged borrower. Aggregated across borrowers with a mortgage, home equity adds up to almost $17.5…
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