Shopping Cart
Welcome,  
My Account

AI News

Category:
Results: 124 Articles found.
Dec 07, 2022 08:00 AM

Salt Lake City Tops for Multifamily Investors: CBRE  

Salt Lake City and California’s Orange County and Inland Empire are becoming favorite markets for multifamily investors seeking less competition and better returns than what’s available in the hot Sun Belt markets, CBRE reported Nov. 30. While year-to-date multifamily investment is up 22% through the third quarter, activity has slowed.

 
Dec 07, 2022 08:00 AM

Housing Costs Up, Competition Down in 2023: Realtor.com

Home prices are expected to moderate next year, increasing only about 5% while mortgage rates could reach 7.4%, two actions that may result in fewer buyers for a growing inventory of for-sale properties, Realtor.com reported Nov. 30 in its 2023 Housing Forecast. Additionally, rents are likely to go up 6.3%, outpacing home prices.

 
Nov 16, 2022 08:00 AM

Commercial and Multifamily Mortgage Loan Originations Decline in Q3: Survey

After a strong start to the year, commercial and multifamily mortgage loan originations during the third quarter were down 13% from the same point a year ago, MBA NewsLink reported Nov. 10. Originations in the commercial mortgage-backed-securities market were down nearly 75% from a year earlier, but originations by banks and other depositories were up 25%.

 
Nov 16, 2022 08:00 AM

Housing Key Concern as Military Return to Civilian Life: Report

Sixty-four percent of active duty servicemembers returning to civilian life expect their search for affordable housing to be extremely or somewhat challenging, Freddie Mac reported Nov. 10 in its Active-Duty and Veteran Housing Landscape survey. However, 87% of respondents are aware of the benefits of VA home loans, and 90% plan to use one to buy a property.

 
Nov 16, 2022 08:00 AM

Minority Homeownership up Sharply During Pandemic: Fed Data

The pandemic housing boom showed significant increases in homeownership rates among Black, Asian and Latino households, according to an analysis of federal data, The Washington Post reported Nov. 1. The fact that millennials were able to save money during the pandemic was cited as a key factor.

 
Oct 12, 2022 08:30 AM

Property Damage from Hurricane Ian Could Reach $47 Billion, CoreLogic Reveals

Wind and storm surge damage from Hurricane Ian is expected to total between $28 billion and $47 billion, making it the costliest Florida storm since Hurricane Andrew, CoreLogic reported Sept. 29. Wind damage for both commercial and residential properties is expected to total between $22 billion and $32 billion while storm surge damage could total $6 billion to $15 billion.

 
Oct 12, 2022 08:30 AM

Most States Prepared to Handle a Recession: Moody’s Study

A record 43 states have the necessary funds to weather a recession without resorting to significant spending cuts or tax increases, according to a study published Sept. 29 by Moody’s Analytics. The states in the worst revenue position are Illinois, Alaska, Arizona, Mississippi and New Hampshire.

 
Oct 12, 2022 08:30 AM

Single-tenant Cap Rates Up in Q3: The Boulder Group

Cap rates in the single-tenant net lease sector were up slightly in all sectors during the third quarter, the first time in two years with consecutive quarterly increases, The Boulder Group reported Oct. 6 in its Q3 2022 Net Lease Market report. Retail reached 5.86%, office hit 6.8% and industrial came in at 6.61%.

 
Sep 28, 2022 08:30 AM

Fannie Mae Data Shows Modest Recession Likely in 2023

The economy is expected to grow during the second half of the year, but high inflation, tightening monetary policy and reduced housing activity likely will result in a modest recession next year, Fannie Mae’s Economic and Strategic Research Group reported Sept. 21. The forecast was lowered for both single-family home sales and multifamily starts due largely to higher mortgage rates.

 
Sep 28, 2022 08:30 AM

CFPB Seeks Public Input on New Refinance Mortgage Products

The Consumer Financial Protection Bureau announced Sept. 22. that it is seeking input on potential new products with a particular focus on improving mortgage refinancing for homeowners with smaller loan balances. Refinancing volume has dropped dramatically, down almost 70% from last year as interest rates have risen.

 
 
Results: 124 Articles found.

27 47

Pop up content here.

Agree Disagree
close (X)