Industry News
Eric C. Peck
August 7, 2025
As HUD slashes staff and cancels key FHIP grants, organizations warn investigations, discrimination hotlines, and enforcement are being negatively impacted.
Joseph J. DeFelice joins HUD as Assistant Deputy Secretary for the Office of Field Policy and Management and Regional Administrator for the Mid-Atlantic Region, and Ashlea Quinonez has been named Regional Administrator for the Southwest Region of HUD.
In Q2 of 2025, the supply of distressed properties up for auction reached two-year highs, despite the fact that demand from auction purchasers dropped to multi-year lows, pointing to a shift in the volatile U.S. market that could affect the real estate market.
Zillow reports that slower demand from buyers has
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