Nearly 298,000 single-family homes and condos in the United States were flipped last year, down 7.7% from 2023 and 32.4% from the recent peak of nearly 441,000 reached in 2022, according to ATTOM, Irvine, Calif.
Category: News and Trends

CoreLogic: Single-Family Rent Prices Up in January
CoreLogic, Irvine, Calif., reported that single-family rent prices increased 2.4% year-over-year in January.

Dealmaker: Merchants Capital Secures $120M for N.J. Development
Merchants Capital, Carmel, Ind., announced $120 million in financing for the construction of a housing and retail development in downtown Newark, N.J.

Chart of the Week: Commercial and Multifamily Mortgage Debt Outstanding
According to MBA’s Quarterly Mortgage Debt Outstanding Report, total commercial and multifamily mortgage debt outstanding increased by 3.7% year-over-year, rising from $4.62 trillion in Q4 2023 to $4.79 trillion in Q4 2024. This growth reflects continued investment in commercial real estate, with sector-specific variations in debt allocation.

MBA Releases 2024 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
The Mortgage Bankers Association released a set of commercial/multifamily real estate finance league tables, listing the top commercial/multifamily mortgage originators in 2024.

CREF Policy Update: FHFA Director Pulte Makes Significant Changes at FHFA and the GSEs
Commercial and multifamily developments and activities from MBA important to your business and our industry.

FOMC Rate Pause Remains; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee left interest rates unchanged on Wednesday.

MBA: Commercial and Multifamily Mortgage Delinquency Rates Increased in Fourth-Quarter 2024
Commercial mortgage delinquencies increased in the fourth quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.

FOMC Rate Pause Remains; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee left interest rates unchanged on Wednesday.

Redfin Reports Renter Population Grew 1% in Fourth Quarter
The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new report from Redfin.