The Wall Street Journal, April 11, 2024-Gina Heeb and Kailyn RhoneMortgage rates again rose to nearly 7%, a key psychological threshold that threatens the housing revival that many had hoped …
Category: Top National News
Finance Returns to Office as Wall Street North (NYC) and South (Miami) Blow Other Markets Out of the Water With Cubicles Over 80% full
Fortune, April 11, 2024-Jane ThierThe return-to-office rate in New York City has reached a fever pitch, with a leading provider of foot traffic data finding occupancy hitting more than 80% …
Refi Business With Primary MI Jumps in First Quarter
Inside Mortgage Finance, April 11, 2024–Namrata BhatiaThe share of refis with MI coverage in the agency MBS market grew from 10.3% in the fourth quarter of 2023 to 14.6% in …
Nearly 20% of San Francisco Home Sellers Take A Loss On Their Sale
Weekly Real Estate News, April 11, 2024–Phil HallRoughly one of five homes that sold in San Francisco during the three months ending Feb. 29 was sold at a loss, according …
What the New Inflation Report Means for Mortgages
CBS, April 10, 2024-Matt RichardsonThe latest inflation figures were released on Wednesday, and if homebuyers were hoping for a positive development, they’re going to need to wait a bit longer. …
Mortgage Refinance Demand Surges Even as Rates Cross Back Over 7%. Here’s Why
CNBC, April 10, 2024-Diana OlickOverall mortgage demand has now moved sideways for three straight weeks, but last week saw a split between those looking to buy a home and those …
America Is Full of Abandoned Malls. What if We Turned Them Into Housing?
Vox, April 10, 2024-Rachel M. CohenAmy Casciani, a longtime real estate developer whose corporation built housing across seven states, watched her local community struggle for years to add new homes.Click …
Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in U.S.
Bloomberg News, April 10, 2024-Alexandre TanziFloridians with homes in the ritziest neighborhoods that include Coral Gables and Naples are experiencing the nation’s biggest increases in real estate wealth as markets …
The Real Estate Nightmare Unfolding in Downtown St. Louis
The Wall Street Journal, April 9, 2024-Konrad PutzierThe Railway Exchange Building was the heart of downtown St. Louis for a century. Every day, locals crowded into the sprawling, ornate 21-story …
Real-Estate Stocks Slump After Inflation Print
The Wall Street Journal, April 10, 2024-Karen LangleyWednesday was not the day to bet on real-estate stocks.Click here for more (subscription)