Originally published o May 12, 2022 by the Mortgage Bankers Association.
Commercial and multifamily mortgage loan originations increased by 72 percent in the first quarter from a year ago, the Mortgage Bankers Association reported Thursday.
Originally published o May 12, 2022 by the Mortgage Bankers Association.
Commercial and multifamily mortgage loan originations increased by 72 percent in the first quarter from a year ago, the Mortgage Bankers Association reported Thursday.
Originally published on May 9, 2022, by Matthew Classick for Fannie Mae.
WASHINGTON, DC – The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) decreased by 4.7 points to 68.5 in April, its lowest level since May 2020, as surveyed consumers expressed heightened concerns about housing affordability and rising mortgage rates. All six of the index’s components decreased month over month, with a survey-high 76% of consumers indicating that they believe it’s a bad time to buy a home, up from 73% last month. Additionally, 73% of respondents expect mortgage rates to continue their recent ascent over the next 12 months, also a survey high. Year over year, the full index is down 10.5 points.
Originally published on May 10, 2022, by Michael Tucker for Mortgage Bankers Association.
CBRE, Dallas, said most office-using companies are developing long-term plans to expand or contract their office space now that employees are returning at least part-time after two years of mostly remote work.
Originally published on May 4, 2022, by Quintin Simmons for the National Association of Realtors.
NATIONAL HARBOR, MD (May 4, 2022) – Two years after enduring the devastating financial impacts of COVID-19, the U.S. economy has made an impressive comeback, in large part due to a booming housing market. However, as National Association of Realtors® Chief Economist Lawrence Yun explained today, there are significant questions regarding the sector's direction over the coming months.
Originally published on April 26, 2022, Elizabeth Thompson and Stephanie Pagan for NAHB.
Worsening affordability conditions stemming from growing supply chain disruptions and rising mortgage rates pushed new home sales lower in March.
Originally published on April 27, 2022 by YardiMatrix.
SANTA BARBARA, Calif., April 27, 2022 – Despite a drop in college enrollment over the last two years, the student housing industry continues to perform well and is exhibiting healthy rent growth and preleasing for Fall 2022.
Originally published on April 21, 2022, for YardiMatrix.
SANTA BARBARA, Calif., April 21, 2022 – The self storage sector stands in a strong position heading into prime leasing season, according to the latest Yardi® Matrix National Self Storage report. The overall national street rate for self storage remains unchanged from July 2021 at $145.
Originally published on April 19, 2022 by MBA Newslink Staff for the Mortgage Banker's Association.
A study by a Mortgage Bankers Association-supported member network suggests an optimal mix of incentives and requirements could help policymakers avoid polarizing private sector and community stakeholder groups while working toward the goal of increasing affordable housing production.
Originally published on April 21, 2022, by Michael Tucker for Mortgage Banker's Association.
CBRE, Dallas, reported investors plan to allocate more capital to healthcare real estate, highlighting rising confidence in the asset class.
Originally published on April 21, 2022 by ATTOM Staff for ATTOM.
IRVINE, Calif. — April 21, 2022 — ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and distressed properties, today released its Q1 2022 U.S. Foreclosure Market Report, which shows a total of 78,271 U.S. properties with a foreclosure filing during the first quarter of 2022, up 39 percent from the previous quarter and up 132 percent from a year ago.
Originally published on April 12, 2022, by Michael Tucker for the Mortgage Banker's Association.
Digitalization, demographics and deglobalization will drive the industrial market growth in the near future, said Newmark, New York.
Originally published on April 12, 2022, by Jack Roger for Globest.com.
Unibail-Rodamco-Westfield, Europe’s largest mall operator, is planning to exit the US market and sell its portfolio of US mall properties by the end of 2023, according to a report in The Wall Street Journal.
Originally published on April 7, 2022, by Chad Wandler for Freddic Mac.
MCLEAN, Va., April 07, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 4.72 percent.
Originally published on April 5, 2022, by Molly Boesel for CoreLogic.com.
Overall HPI Growth
Originally published on April 13, 2022 by John Feeney for the Boulder Group.
Cap rates in the single-tenant net lease sector reached historic lows in all three asset classes during the first quarter, The Boulder Group reported April 7 in its Q1 2022 Net Lease Market Report. Cap rates compressed for the retail, office and industrial categories by 13, 10 and 17 basis points, respectively.
Originally published on March 5, 2022, by Freddie Mac.
Mortgage rates rose in the past week amid rising inflation and the expectation of strong demand for goods, Freddie Mac reported on March 31 in its Primary Mortgage Market Survey. While purchase demand has weakened slightly, it has continued to outperform expectations.
Originally published on March 30, 2022, by Dees Stribling for BisNow National.
The sudden surge in the price of gas in the United States, up an average of more than 70 cents a gallon from a month ago, has had an adverse impact on retail foot traffic, Placer.ai reports.
Originally published on March 30, 2022, by Diana Olick for the Mortgage Banker's Association and CNBC.
Total mortgage application volume decreased 6.8% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. This, as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 4.80% from 4.50%.
Originally published on March 22, 2022 by Michael Tucker for Mortgage Bankers Association.
After a challenging two years, the real estate industry again faces more uncertainty–and not just for the short term, a new report from the Urban Land Institute and PwC said.
Members and nonmembers wasted no time kicking off the new year and starting completing their 2-year USPAP requirement with an in-person USPAP class in Raleigh this past January. The Chapter has held 4 education classes so far and has 5 upcoming classes planned for the Spring and Summer.
Earlier this month, members met up for a breakfast meeting with NCDOT Area 5 Appraiser Randy Guess who spoke with attendees about eminent domain appraising and working for the NCDOT as a fee appraiser. And last week, over 80 members and guests gathered via zoom to hear Residential Certified Appraiser, Joyce Pusey, SRA, AI-RRS, go over the basics of the ANSI requirements and rules that will be required on April 1 by Freddie Mac and Fannie Mae.