Sales of newly built, single-family homes rose 7.9 percent to a seasonally adjusted annual rate of 421,000 units in August, according to newly released figures from HUD and U.S. Census Bureau. The gain partly offsets a dip in sales activity that occurred in July as consumers reacted to higher interest rates. “Sales of new homes […]

The Insurance Institute for Business & Home Safety’s (IBHS) Fortified Home programs and standards are recommended in the federal Hurricane Sandy Rebuilding Task Force’s Rebuilding Strategy released by the U.S. Department of Housing and Urban Development (HUD). The strategy includes 69 recommendations from the task force, which has been meeting since last year to create […]