Yellen Says Prices ‘High’ for Stocks, Commercial Real Estate

Bloomberg, Feb. 4, 2018–Ros Krasny, Scott LanmanOutgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.

Demand Remains Steady for Single-Family Rentals

National Real Estate Investor, Feb. 5, 2018–Bendix AndersonOccupancy rates for single-family rental houses are remaining largely flat. A strong economy is driving demand, but rents are not growing as quickly as they used to.

Bon-Ton is the Latest Retailer to Go Bust

CNBC, Feb 5, 2018–Lauren ThomasDepartment store chain Bon-Ton filed Chapter 11 bankruptcy protection and will explore strategic alternatives including a sale of the company. The retailer is in the midst of closing more than 40 stores across the U.S.

GDP Growth Below Expectations in Fourth Quarter of 2017

The Hill, Jan. 26, 2018–Naomi JagodaGross domestic product grew at an annual rate of 2.6 percent in the fourth quarter, the Commerce Department announced Friday, below economists’ projections of about 3 percent.

MBA Chairman: 2018 Will Be a Year of Change

Scotsman Guide, Jan. 25, 2018–Victor Whitman2018 could prove to be a key year of change for the mortgage industry as Congress takes up housing-finance reform, the future of Fannie Mae and Freddie Mac, and regulatory reform. J. David Motley, the 2018 chairman of the Mortgage Bankers Association, discussed the trade group’s priorities and a range of pending issues that affect the mortgage industry.

Yellen’s Legacy as Fed Chief: Full Employment But Unfinished Business

Los Angeles Times, Jan. 25, 2018–Don Lee; Jim PuzzangheraWhen Federal Reserve Chair Yellen steps down next month, she’ll depart with the economy in strong shape and monetary policymakers armed with more options than they’ve had in years, should it falter. But she leaves some important unfinished business after an unusually short four-year stint as leader of the world’s most influential central bank.

The 10 Key Issues Ahead for Capital Markets in 2018

National Real Estate Investor, Jan 26, 2018–Beth Mattson-Teig NREI spoke to capital markets experts on what they expect to be the biggest issues facing the commercial real estate industry in 2018.

Getting Your Own Place? Buying Is Now Outpacing Renting in U.S.

Bloomberg, Jan. 30, 2018–Matthew BoeslerFollowing a surge in the number of Americans forming households as renters over the past decade in lieu of homeownership, the tide is starting to turn in the other direction.

LIHTC Market Faces ‘Mild Turbulence’ Ahead

National Real Estate Investor, Jan. 31, 2018–Beth Mattson-TeigInvestors and developers in the Low-Income Housing Tax Credit market are adapting to a dramatic drop in pricing over the past year and expecting more uncertainty ahead.