CNBC, Jan. 5, 2015–Frank, Robert
The average apartment price in Manhattan hit a record $1.95 million in the fourth quarter, as high-end real estate continued to defy volatile stock markets and slowing growth overseas.
Category: Top National News
Foreign Investor Interest in Seattle Real Estate Ratchets Up
Puget Sound Business Journal, Jan. 5, 2016–Stiles, Marc Seattle is back on the list of the top five U.S. cities for foreign commercial real estate investment, according to a new survey.
How Will the U.S. Fare in 2016 and Beyond? Top Economists Break Out Their Crystal Balls
Wall Street Journal, Jan. 4, 2015–Leubsdorf, Ben
Nobel laureates, Federal Reserve policy makers and other top economists converged on San Francisco for the American Economic Association’s annual conference. One topic of discussion: the state of the U.S. economy and its prospects at the start of a new year.
Fischer Worries Fed Can’t Head Off or Contain Financial Crises
Bloomberg, Jan. 4, 2015–Miller, Rich
Federal Reserve Vice Chairman Stanley Fischer sounds concerned that the central bank may lack some key tools needed both to prevent another financial crisis and to contain the fallout should one occur.
Here’s What to Expect from Tighter Fed Policy
CNBC, Jan. 3, 2015–Gillies, Trent
In the shadow of the Fed’s modest tightening of monetary policy, mortgage rates have risen as borrowers seek to refinance before interest rates jump in earnest. In the immediate aftermath of the Fed’s decision, mortgage applications and refinancings jumped, according to the Mortgage Bankers Association.
Real Estate: 2016 Brings Another Banner Year
Colorado Springs Business Journal, Jan. 6, 2016–Vader, MarijaThe commercial real estate industry will continue its fast pace into 2016, according to Colorado Springs real estate agents, who attribute the quicker pace of transactions to the local favorable political climate locally.
Fed’s Lockhart Suggests Pace of Four Rate Increases Over a Year
Bloomberg, Dec. 21, 2015–Matthews, Steve
Federal Reserve Bank of Atlanta President Dennis Lockhart said the central bank’s commitment to a “gradual” tightening suggests interest rates could be raised at every other meeting of the policy-setting Federal Open Market Committee, though the actual pace will depend on incoming economic data.
Regulators Concerned About Rising Risks in Multifamily Market
National Mortgage News, Dec. 18, 2015–Collins, Brian
Federal regulators are concerned about credit and interest rate risk on apartment and other multifamily loans – and warning lenders that they need to be cautious.
How EB-5 Got a Surprise One-Year Reprieve
National Real Estate Investor, Dec. 21, 2015–Mattson-Teig, Beth
EB-5 has been a hotly debated topic in Congress for the past six months as some legislators proposed changes that would significantly revamp the 25-year old investment program.
U.S. Banking Regulators Step Up Rhetoric on Commercial Real-Estate Loans
Wall Street Journal, Dec. 20, 2015–Tracy, Ryan
U.S. regulators sent a strong signal to bankers that they are preparing to crack down on risky commercial real-estate lending, threatening to force banks to raise capital if necessary as they scrutinize the loans next year.