Multi-Housing News, Aug. 7, 2024–Lew SichelmanWhen it comes to attracting new residents, nothing is more important than the quality of a multifamily property’s on-site leasing personnel. But when it comes …
Category: Top National News
Mortgage Rates Are Down. The Housing Market is Still Moribund.
Axios, Aug. 7, 2024-Emily PeckThe rate on the 30-year-fixed mortgage is at 6.55%, the lowest since May 2023, per data out Wednesday morning from the Mortgage Bankers Association.Click here for …
Left Behind in the Retail Real-Estate Comeback: Department Stores
The Wall Street Journal, Aug. 6, 2024-Kate KingThe owners of the shopping center at Legacy West considered adding a department store to attract visitors and luxury retailers to their mixed-use …
Real Estate Investors Have a ‘Cautiously Optimistic’ Outlook: Survey
HousingWire, Aug. 7, 2024-Neil PiersonSingle-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as …
Refi Activity Picks Up to Highest Level in Two Years
HousingWire, Aug. 7, 2024-Flávia Furlan NunesRefinance applications picked up as mortgage rates fell last week, but purchase loan activity had only a small gain, according to data released Wednesday by …
Some Home Buyers Holding Off on Purchases Until After Election
National Mortgage News, Aug. 7, 2024—-Spencer LeeMore than one-third of prospective home buyers said they will wait for election season to pass before moving on with a purchase, a recent …
Mortgage Execs on Alert Mode for Lower Rates — And Their Side Effects
HousingWire, Aug. 6, 2024–Flávia Furlan NunesLower rates mean lower values for servicing portfolios, which can impact financial performance if a lender hasn’t taken protective measuresClick here for more
Market Turmoil Gives Homebuyers Huge Mortgage Break
The Street, Aug. 6, 2024–Charley BlaineNot everyone cares about what happens in the stock markets. If, however, you’re trying to buy or sell a home, the market turmoil that erupted …
These States Have the Most Expensive Student Housing
Globe St., Aug. 6, 2024-Kristen SmithbergWith an average effective rent of $2,500 per bed per month, New York ranks as the most expensive state in the country for student housing, …
More Americans Are Tapping Home Equity Credit Lines, NY Fed Says
Bloomberg News, Aug. 6, 2024-Jonnelle Marte and Alexandre TanziAmericans who want to tap the rising equity of their homes without giving up their low mortgage rates are increasingly turning to …