Utah senator plans to transform state's affordable housing

A Utah state senator has proposed a bill that could be a “major financial boost” and transform how the state navigates affordable residential construction, according to an article written by Tony Semerad for the Salt Lake Tribune.
Source: HousingWire Magazine

PulteGroup accused of hiding shoddy homebuilding from buyers

PulteGroup and its subsidiary, Pulte Home Company, allegedly built homes in the state of Florida that were not to code and hid that information from homebuyers, according to the office of Florida Attorney General Pam Bondi. Bondi’s office said that it reached a settlement with the Pulte companies after a two-year investigation found that Pulte allegedly failed to disclose to certain Florida buyers that some of its homes were being built in violation of applicable building codes.
Source: HousingWire Magazine

FEMA resumes selling, renewing flood insurance policies amid shutdown

The Federal Emergency Management Agency announced late last week that it will resume selling and renewing flood insurance policies, rescinding its initial ruling that the National Flood Insurance Program cannot be renewed amid the ongoing government shutdown.
Source: HousingWire Magazine

Florida goes after 14 moving companies for allegedly holding people’s furniture hostage

Florida Attorney General Pam Bondi announced last week that her office is taking legal action against more than a dozen moving companies for allegedly using deceptive marketing and sales of household moving services, while also holding people’s belongings “hostage for ransom.”
Source: HousingWire Magazine

CoreLogic: Home prices will rise in 2019

In 2018, the principal-and-interest mortgage payment on the median-priced home climbed by more than 16%, according to the latest data from CoreLogic. The company reports that although the median home price rose by less than 6% over the past year, prospective buyers are in for a rude awakening come 2019.
Source: HousingWire Magazine

Massachusetts enacts new laws taxing and regulating short-term rentals

A few months after initially approving new laws that regulate and tax short-term rentals in the state of Massachusetts, the state’s governor signed the laws into effect late last week. The laws take aim at the rise of Airbnb and similar short-term rental platforms in the state.
Source: HousingWire Magazine

Elizabeth Warren takes first major step towards 2020 presidential run

Sen. Elizabeth Warren announced in a video on Monday she is forming a committee to explore a run for president in 2020. The move makes her the first woman to put her hat in the ring of Democratic contenders to face incumbent president, Donald Trump, and the Republican Party in the country’s next major election.
Source: HousingWire Magazine

This is how reverse mortgage originators will succeed in 2019

Reverse mortgage volume is in a slump – and some predict 2019 is likely to be another challenging year. “The individuals who are going to succeed in a contracting market are those who find a way to innovate to continue to contact customers and those who persist when others leave the marketplace,” said ReverseFocus President Shannon Hicks, who offers his tips for finding success in the year ahead.
Source: HousingWire Magazine

Countdown: A look at our most popular articles in 2018 (1-5)

As 2018 comes to an end, join us as we go down memory lane and take a look at HousingWire’s most read articles of this past year. Here, we’ll cover the five most read articles of the year, revealing our most popular article!
Source: HousingWire Magazine

Early bird nominations for HW's Tech100 award end today

On December 5, 2018, HousingWire opened the nominations for our 2019 HW Tech100 Award with our special early bird pricing. But all good things must come to an end, and that special pricing ends today.
Source: HousingWire Magazine