Looking for that “tipping point” between renting and homeownership? A new Freddie Mac survey suggests we’re not there yet.
Category: News and Trends
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Dodge: More C/MF Construction Starts Next Year
Total U.S. construction starts for 2016 could rise by 6 percent to $712 billion, following an estimated 13 percent gain in 2015, said Dodge Data & Analytics, Washington, D.C.
Walgreen’s Rite Aid Purchase Could Lower Cap Rates Further
Drug store cap rates–which reached new lows in the third quarter–could fall further resulting from Walgreen’s plan to acquire rival Rite Aid, reported the Boulder Group, Northbrook, Ill.
JLL: Investment Tactics Evolve
Investors are starting to adopt later-cycle investment strategies as the market continues to expand, said JLL, Chicago.
CMBS Metrics Improve Slightly
The outlook improved slightly for properties that support most commercial mortgage-backed securities, reported Moody’s Investors Service, New York.
Reis: Retail Remains in Neutral
Retail fundamentals are improving only slightly, reported Reis, New York.
MBA Chart of the Week: Multifamily Mortgage Originations by Investor Group
In 2014, 2,876 lenders closed 40,974 multifamily mortgages for a total of $195 billion.
Zillow: Condos Outpacing Single-Family Homes in Appreciation
Increasing rents, limited inventory of low-value homes and the popularity of urban life have prompted runaway condo-value appreciation in many housing markets, said Zillow, Seattle.
New York Construction Nears 2007-2008 Levels
New York City construction activity resembles the previous boom years of 2007 and 2008, the New York Building Congress said.
