Fairfax County, which borders the District of Columbia and is home to about 1.1 million residents, is experiencing a “disconnect” between its affordable housing supply and the number of seniors living on a fixed income.
The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability.
Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA, said in a statement that the rescissions are “bold, necessary and long overdue.”
Staff at Premier Sotheby’s International Realty continued to work with clients throughout the rebuilding process, despite the damage to their workplace.