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Results: 168 Articles found.

Pending Home Sales Fall for 5th Consecutive Month: NAR

Pending home sales fell 4.6% between September and October, dropping for the fifth consecutive month, the National Association of Realtors reported Nov. 30. Sales activity fell in three of the nation’s four major regions, rising only in the Midwest.

 
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 17, 2022 08:00 AM

Appraisal Institute Announces Resignation of CEO Jim Amorin

The Appraisal Institute announced today that CEO Jim Amorin, MAI, SRA, AI-GRS, will resign effective Feb. 14, 2023. He will conclude five years of service as the organization’s CEO and is moving on to pursue other opportunities.

 
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.

 
Nov 15, 2022 11:00 AM

Ranch Properties are Grabbing the Spotlight, Appraisers Need to Understand the Land: Valuation Magazine

Whether they’re meant as rural retreats or working agricultural operations, ranch properties of all shapes and sizes are in high demand. When it comes to appraising them, find out why appraisers need to start with the land in the third quarter 2022 issue of Valuation magazine.

 
Oct 20, 2022 08:30 AM

Appraisal Institute Tells Homeowners How to Prepare for an Appraiser's Visit

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, is encouraging homeowners to be prepared when an appraiser visits.

 
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.

 
 
Results: 168 Articles found.

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