If you are among the millions of Americans considering the purchase of a new home, July was a very good month for you. Several weeks ago, the Federal Reserve reduced the key short-term Federal Funds Rate by 25 basis points to a top rate of 2.25 percent.
This summer the United States Department of Veterans Affairs (V.A.) celebrates the 75th Anniversary of the Servicemen’s Readjustment Act of 1944, otherwise known as the original GI Bill. In addition to elevating the status of, and increasing funding opportunities for, the Veteran’s Administration, the GI Bill established the VA Home Loan benefit.
On Friday, June 28th, BIA Baldy View hosted its 6th Annual Housing Policy Conference at the DoubleTree by HIlton Hotel in Ontario. Speakers on our four panels discussed what current issues the housing market is facing.
For Southern Californians, it is axiomatic that periods of generous rainfall will be followed by warmer-than-usual summers. Our region, which typifies a Mediterranean Climate, exists in a constant state of flux in terms of water supply.
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., attended today’s signing ceremony at the White House and issued the following statement after President Trump signed his executive order on housing affordability.
It speaks to the importance of homeownership that today one of the nation’s - and the world’s - most prestigious institutions of learning devotes a special center just to assess and promote understanding of the importance of housing to our nation, our economy and our people.
Buying and maintaining a home can be the best investment any American will make in their lifetime. Investing wisely in the upkeep and renovation of one’s home is crucial to the financial success of the investment. This is the reason we celebrate National Remodeling Month in May as the second of our season-long celebration of the benefits of homeownership.
California is in the grip of a housing supply and affordability crisis that threatens our state and region’s economic health. The Building Industry Association Southern California (BIA) Baldy View Chapter serves as our region’s first line of defense in addressing this crisis. Click to the Saturday May 18th edition of the Inland Valley Daily Bulletin to read the full article.
The nation celebrates National Remodeling Month in May as part of a season-long celebration of homeownership because most homeowners will require the services of a trained- and certified professional remodeler at some point, especially when preparing a home for sale to meet any new standards or codes since the home was originally approved.
Whether to customize a home to meet one’s personal tastes and needs, increase the home’s value, comfort and/or energy-efficiency; or to bring the home to current development standards before it can be placed on the market; at some point, nearly every homeowner will require the services of a trained and certified remodeling professional.