Severe weather in South Dakota brings new HUD assistance

Severe storms, winds and flooding in South Dakota earlier this summer has led President Joe Biden to issue an official disaster declaration for the state, which includes assistance for borrowers of government-insured mortgage financing from the U.S. Department of Housing and Urban Development (HUD).
Read MoreMove files amended complaint in suit against CoStar

The Move–CoStar battle is heating up as Move, the parent company of Realtor.com, filed an amended complaint on Friday in its suit against the Homes.com parent company and James Kaminsky, a former Realtor.com employee who is now an editor at Homes.com. In the suit, Move alleges that in January 2024,
Read MoreNykia Wright named NAR’s permanent CEO

The National Association of Realtors has made things a bit more official with Nykia Wright. In an email sent by President Kevin Sears to trade group members, obtained by HousingWire, NAR has decided to name Wright as its new CEO. Wright was named as NAR’s interim CEO in early November 2023, after lo
Read MoreThe renovation ripple effect in underserved neighborhoods
More than four in 10 distressed properties purchased at auction are in underserved neighborhoods with low incomes or high minority populations, neighborhoods that often have been overlooked and left behind. “Those areas that I’m now developing I grew up in. And I remember being in those areas withou
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