Rent Just Jumped to All-Time High

HousingWire, July 9, 2018–Ben LaneNewly released data from RentCafé and Yardi Matrix shows that nationwide rents just hit a record high in June, crossing the $1,400 threshold for the first time ever.

More Mortgages for Manufactured Housing Mean More Affordable Housing

Urban Institute, July 2, 2018–Laurie Goodman, Bhargavi GaneshIn a research brief, the authors say increasing the annual supply of the one of the most affordable types of housing, manufactured housing, from the 93,000 units produced in 2017 could ease the country’s severe shortage of affordable housing.

RealPage: Class C is Now Cream of the Multifamily Crop

HousingWire, July 2, 2018–Jeremiah JensenIt’s the underdog story of the decade. Class-C is now on top of the multifamily food chain, boasting tighter occupancy rates than Class-B and Class-A, according to a report from RealPage.

Freddie Improves Condo Requirements

Mortgage Daily, June 27, 2018Freddie Mac is updating its requirements to allow all comparable sales from outside new condominium projects when there have been no sales yet.

White House Pushes Surprise Fannie-Freddie Reform Plan, But is it Workable?

National Mortgage News, June 21, 2018–Joe Adler, Hannah Lang (subscription)The Trump administration proposed Thursday to rip off the Band-Aid from Fannie Mae and Freddie Mac, ending conservatorship of the mortgage giants and leaving them to raise their own capital in the private market. But the plan raises a whole host of questions and left many wondering whether it could advance.

Should CRE Players Return to Defensive Investing?

National Real Estate Investor, June 26, 2018–David Lynn The author sugsests we are beginning a period where commercial real estate investors should be cautious and shift to less risky strategies that are less sensitive to downturns and recessionary periods.

Fannie Mae Experts: How to Address Rising Rents for Moderate-Income Households

HousingWire, June 27, 2018–Bob Simpson, Tanya ZahalakOne thing is clear: The recent affordability issues that have arisen for moderate income renters is symptomatic of larger underlying problems. And in order to resolve those issues, we need to ensure that we are focusing resources where the underlying problems exist.

Commercial/Multifamily Mortgage Debt at $3.21T in Q1

Naional Mortgage Professional, June 26, 2018–Phil HallCommercial/multifamily mortgage debt outstanding rose by by $44.3 billion in the first quarter, according to new data from the Mortgage Bankers Association.