National Mortgage Professional, Dec. 21, 2018–Phil HallU.S. households spent a record amount on rent in 2018, according to a new data analysis from Zillow company HotPads.
Category: Top National News
Could Lending Plateau in 2019?
Commercial Property Executive, Jan. 2, 2019–Sanyu KyeyuneDuring the past few years. lenders charted record-high activity across property types and markets. But escalating asset prices, rising interest rates and regulatory shifts may force adjustments in 2019. (Interviews MBA’s Jamie Woodwell)
What Will 2019 Look Like in Commercial Real Estate?
Commercial Observer, Dec. 27, 2018–Nicholas RizziCommercial Observer asked some heavy hitters in commercial real estate to take out their crystal balls and prognosticate on what real estate could look like in 2019.
Multifamily Borrowers Will Continue to Have Access to Multiple Capital Sources in 2019
National Real Estate Investor, Jan. 2, 2019–Bendix AndersonMultifamily borrowers will have lots of choices on where to get permanent loans in the new year despite worries about rising interest rates, high property prices and overbuilding.
Delinquency Rates Still Low
Commercial Property Executive, Dec. 17, 2018–Jamie Woodwell, Reggie BookerDelinquency rates for commercial and multifamily mortgage loans remained low in the third quarter, the Mortgage Bankers Association reported. The delinquency rate for loans held on bank balance sheets set a new series low and delinquency rates for loans held by life companies or guaranteed by Fannie Mae and Freddie Mac are all below 10 basis points.
Inflated Rents Could Push More Consumers into Homebuying
National Mortgage News, Dec. 18, 2018–Paul Centopani (subscription)Rising rents combined with growing housing inventory could lead to increased purchase mortgage originations in the near future.
Houston’s Commercial Real Estate Market Still Recovering From Oil Downturn
Houston Public Media, Dec. 17, 2018–Florian MartinHouston has largely survived the oil downturn, but some areas are still in recovery. The office sector in particular is still struggling with high vacancy rates.
Rising Borrowing Costs Spell Trouble for Commercial Real Estate
Wall Street Journal, Dec. 18, 2018–Peter Grant (subscription)An important indicator in the U.S. commercial real estate market is signaling that a decade-long bull run is on shaky ground heading into the new year.
MBA: Commercial, Multifamily Mortgage Debt Just Hit All-Time High
HousingWire, Dec. 14, 2018–Ben LaneAccording to newly released data from the Mortgage Bankers Association, outstanding commercial and multifamily mortgage debt climbed to a record high of $3.32 trillion in the third quarter, topping the previous high of $3.27 trillion, which was set in the previous quarter.
Roadblocks Could Derail EB-5 Investment Capital
National Real Estate Investor, Dec. 6, 2018–Beth Mattson-TeigThe EB-5 Immigrant Investor program continues to limp along, but challenges that include lack of reforms, short-term extensions and a backlog of investors waiting for visas are causing some to question the future of the program.