Rent collections improve slightly, but late payments signal strain
Compared with August 2024, the on-time payment rate is down 216 basis points. That marks the 25th consecutive month of annual declines.
Affordability
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Tech startup offering AI-driven property level risk modeling
Instead of relying on zip code-based risk maps and subjective human judgment, FutureProof’s algorithm analyzes property-specific details.
Michigan cities, lawmakers seek $800M for housing incentives
The program would provide up to $100,000 for new housing construction or up to $30,000 for repairs covering as much as 30% of costs.
The Florida Association of Mortgage Professionals pushes for condo guideline changes
The Florida Association of Mortgage Professionals (FAMP) is addressing housing affordability challenges head-on.
Redfin: Multifamily housing permits fall from pandemic highs
Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June 2025.
TransUnion: Mortgage, home equity lending grow despite high rates
Rate-and-term refinances climbed 44% and cash-out refis increased 15%. Home equity originations had their strongest annual growth since 2022.
New Western president speaks on PadSplit partnership
The collaboration will allow investors to access PadSplit’s model for converting single-family homes into shared living spaces.
Realtor.com: Price premium for new homes sinks to all-time low
The premium for new construction homes dropped to 7.8% nationally as builders held prices steady and existing-home prices jumped.
California affordable housing programs face new legal challenge
A new lawsuit could deal a blow to one of California’s primary local tools for building affordable housing without taxpayer subsidies.
Hemp spells affordable housing for Native American community
Prompted by U.S. Census data indicating the need for 200 new homes by 2030, the Lower Sioux Housing Authority turned to hempcrete.