HousingWire, May 24, 2024-Chris ClowThe U.S. Department of Housing and Urban Development (HUD) on Friday announced the availability of $26 million in funding to be distributed to state and local …
Category: Top National News
Record Number of Professionals Earn MBA’s Commercial Servicer Designation
MPA, May 24, 2024-Candyd MendozaMBA Education has recognized 23 professionals who earned the Commercial Certified Mortgage Servicer (CCMS) designation, the largest graduating class in the program’s history, according to the …
Skyrocketing Rents and Home Prices May be Pivotal in the 2024 Election
Washington Post, May 28, 2024–Leigh Ann CaldwellHousing is largely a local issue, yet it’s presenting a challenging and complex problem in Nevada and other battleground states with implications for this …
Bankruptcies Have Left More Stores Vacant, but the Space Doesn’t Sit Empty for Long
Wall Street Journal, May 28, 2024–Kate KingAvailable retail locations are near record lows, making it easy for landlords to replace departing tenantsClick here for more (subscription)
$10 Billion Real-Estate Fund Is Bleeding Cash and Running Out of Options
Wall Street Journal, May 20, 2024–Peter GrantThe Starwood Real Estate Income Trust, known as Sreit, has three choices—none of them appealingClick here for more (subscription)
More Baby Boomers Find They Enjoy Renting
Globe St., May 17, 2024-Richard BergerA growing number of Baby Boomers now believe that it’s better to rent than to buy a home in the current environment, with 80% on …
Mortgage REITs Shrink & Deleverage, Gear Up for Originations
Commercial Real Estate Direct/Trepp, May 16, 2024–Orest MandzyThe major mortgage REITs saw their collective loan portfolios shrink by nearly 11% over the past year, as most had sharply curtailed lending …
U.S. Housing Starts, Permits Fall Short as Mortgage Rates Rise
Bloomberg News, May 16, 2024-Vince GolleNew U.S. home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise in mortgage rates is …
The State of Rent in the U.S.
The Indicator from Planet Money – NPR, May 15, 2024–Sylvie DouglisShelter costs grew 5.5% over the last year. That’s a slight cooling off from previous months, and it’s a part …
Inside the Rent Inflation Measure That Economics Nerds Love to Hate
New York Times, May 15, 2024-Jeanna SmialekThere’s a three-letter abbreviation that economists have started pronouncing with the energy of a four-letter word: “O.E.R.”Click here for more (subscription)