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HUD, FHA urge home inspections

Sep 01, 2015
Beginning September 14, the U.S. Department of Housing and Urban Development is implementing a mandate that instructs lenders to inform borrowers when they first meet to get a home inspection prior to purchasing a home. The mandate will be added to the HUD/Federal Housing Administration Single Family Policy Handbook and will include a document called, “For Your Protection, Get a Home Inspection.”
 
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New York State home sales fall short of record 3Q high

There were 38,445 homes sold across New York State during the 2017 third quarter, a 3.1-percent decline from the 2016 third quarter’s record total. The 2017 third quarter sales total is the second best on record for the period. The median sales price growth trend continued in the third quarter, posting a 5-percent increase to $261,500. Click here to read more.

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