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Fort Worth
Tuesday, September 17, 2019

Treasury unveils plan to privatize Fannie Mae, Freddie Mac

WASHINGTON (AP) — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11...

Council Report: Multi-family development for Race Street

The Riverside Baptist Church is getting a restoration, and helping others find affordable housing in the process. At Tuesday's meeting, the Fort Worth City Council approved a zoning change for a multi-family development at 3111...

Council Report: Downtown high-rise residential plan approved

HIGH RISE DEVELOPMENT APPROVED For the first time in almost three decades, a high-rise residential development may be on its way to downtown Fort Worth. At Tuesday's meeting, the Fort Worth City Council approved an economic...

US home prices rise a modest 2.1% in June

WASHINGTON (AP) — U.S. home prices rose more slowly in June as some of the country's most expensive housing markets saw stagnant or even falling prices. The S&P CoreLogic Case-Shiller 20-city home price index rose...

Averyt joins Younger

Dallas-based commercial real estate firm Younger Partners welcomed CRE veteran Jerry Averyt to the brokerage team. He comes to Younger Partners from Henry S. Miller Brokerage, where he served as senior vice president in...

Skanska USA Promotes Yung to executive vice president and general manager in Texas

Skanska USA has announced that Dennis Yung, an industry veteran with more than 30 years of experience in commercial construction, has been promoted to executive vice president and general manager overseeing Houston and Dallas. Yung,...

US new home sales slid 12.8% in July

WASHINGTON (AP) — Sales of new U.S. homes fell a steep 12.8% in July, but the drop came after revisions to June sales showed the sales highest growth in 12 years. The Commerce Department said...

Feds plan to make housing assistance harder for undocumented immigrants. Few in Texas are...

Undocumented immigrants don't qualify for federal housing assistance. But a new U.S. Department of Housing and Urban Development rule barring such residents from subsidized homes could prompt evictions of families.

After Harvey surprised thousands with unexpected flooding, new law aims to better inform homebuyers

The law, written by Sen. Joan Huffman, R-Houston, requires homeowners to disclose if their properties lie in a flood-prone area, have flooded before, or could flood in the future. It's an effort to expand notification after many homes unexpectedly flooded during Hurricane Harvey.

US home sales rose 2.5% in July, aided by low mortgage rates

WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors said Wednesday homes sold last month at a...