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Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Seattle considering a ban on unwanted real estate solicitations  Seattle City councilmember Dionne Foster has introduced legislation to create a “do not solicit” list for real estate solicitors. If passed, homeowners could have their…

The post Legislative Round-Up: Seattle Considering ‘Do Not Solicit’ Protection; VA Loans Face Possible Change in Congress appeared first on RISMedia.

In May, housing construction starts bottomed-out to a six year low, according to the U.S. Census Bureau, attributed to ongoing challenges such as construction costs and high mortgage rates triggered by rising inflation. The newest monthly update, however, shows a recovery—for at least one sector of the housing market. The latest monthly new residential construction…

The post Housing Starts Rebound Sharply in June, But Only in Multifamily appeared first on RISMedia.

Following consumer sentiment rising in June, the latest University of Michigan Consumer Sentiment Index improved further by 9.9% in July, reaching 54.4. However, the indicator declined by 11.8% on an annual basis. The Current Economic Conditions Index rose by 15.1% month-over-month, yet plummeted 19.3% year-over-year to stand at 54.9 in July. Meanwhile, the Index of…

The post Consumer Sentiment Up In June, But Economic Optimism Still Elusive appeared first on RISMedia.