Florida home prices dip, but key metrics on the mend
Florida home prices and sales dipped in January from the previous month but showed some positive movement over year-ago figures, according to a statewide real estate association.
Existing-home sales jump 4.3% in January, inventory level dips
Existing-home sales on all single-family homes, townhomes, condos and co-ops rose 4.3% during the month of January, making it the third sales increase in the past four months, the National Association of Realtors said.
Home Depot profits rise 32% in 4Q
Home Depot’s fourth-quarter profit rose 32%, boosted by the warm weather, which drove demand for building projects.
GSE legacy assets could undermine new MBS issuance
The nation’s top banks purchased $ 20 billion of agency mortgage-backed securities in the fourth quarter. Regulator FHFA still holds some concerns.
HUD ANNOUNCES $108 MILLION IN INDIAN HOUSING BLOCK GRANTS
WASHINGTON – The U.S. Department of Housing and Urban Development today announced $ 108 million in additional Indian Housing Block Grant (IHBG)allocations to 68 tribes in 19 states. Thesefunds are distributed each year based on a formula to eligible Indian tribes or their tribally designated housing entities for a range of affordable housing activities.
