Bloomberg News, Sept. 18, 2024-Matthew BoeslerBuilder completions of U.S. multifamily housing units soared to a five-decade high in August, a development that will probably help ease pressure on rents.Click here …
Category: Top National News
What the Fed’s Rate Cut Means for Consumers, Businesses and Investors
The Washington Post, Sept. 18, 2024-Taylor Telford and Julie Zauzmer WeilThe Federal Reserve cut interest rates this week for the first time in four years, putting an end to its …
Argentina Scrapped Its Rent Controls. Now the Market Is Thriving.
Wall Street Journal, Sept. 24, 2024-Ryan Dubé and Silvina FrydlewskyFor years, Argentina imposed one of the world’s strictest rent-control laws. It was meant to keep homes such as the stately …
The Commercial-Property Market Is Coming Back to Life
Bloomberg News, Sept. 24, 2024-Natalie Wong and John GittelsohnBuyers and sellers in U.S. commercial real estate are increasingly convinced that the beleaguered market is reaching a bottom.Click here for more (subscription)
Attention Kmart Shoppers: The Last Full-Size Kmart in the Mainland United States is Closing
CNN, Sept. 24, 2024–Chris IsidoreKmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States.Click here for more
MBA: Commercial Mortgage Debt Rises Despite Slowdown in Loan Originations
MPA, Sept. 20-Candyd MendozaCommercial and multifamily mortgage debt continued to rise in the second quarter of 2024, even as the volume of new loans slowed significantly.Click here for more
In a Major Shift, the U.S. Government Explores Giving Renters Cash, Not Vouchers
NPR, Sept. 19, 2024-Jennifer LuddenThe Department of Housing and Urban Development is exploring the idea of giving struggling Americans cash aid instead of vouchers. That might seem like an unlikely, …
Dollar Stores Expand Aggressively Even as Sales Shrink
The Wall Street Journal, Sept. 17, 2024-Kate KingDollar stores are contending with slowing sales and weaker earnings. That is not stopping them from pursuing an aggressive real-estate expansion.Click here for more …
Millennials and Gen Z Embrace Co-ownership to Make Homeownership Dreams Come True
CBS News, Sept. 18, 2024-Nancy Chen and Analisa NovakThe real estate market is as challenging as ever, particularly for first-time buyers. According to the National Association of Realtors, the average …
Rent, Utilities Rose Faster Than Home Values for First Time in a Decade
The Washington Post, Sept. 12, 2024-Rachel SiegelThe cost of rent and utilities in 2023 rose faster than home values for the first time in a decade, the latest sign that …