MPA, April 10, 2024-Candyd MendozaReal estate investors are grappling with a major challenge: skyrocketing insurance costs and the unavailability of coverage, according to the Spring 2024 Investor Sentiment Survey from …
Category: Top National News
Current Office Cycle Could Last Longer Than GFC Downturn
Globe St., April 9, 2024-Erik ShermanTrying to understand the office market has become difficult. Some knowledgeable people in CRE are sure that now is the time to invest in office. …
Reverse Mortgage Volume, HMBS Issuance See Improvement in March
HousingWire, April 8, 2024-Chris ClowAfter a few months of downward data in its performance metrics, the reverse mortgage industry saw a slightly different story play out in March that should …
Homebuyers Get a Steep Discount With Cash Offers
Axios San Diego, April 9, 2024-Kate MurphyHomebuyers who pay cash for a property can spend 10% less on average than those who take out a mortgage, new research from UC …
$1 Million Homes Are Now ‘Typical’ in a Record Number of U.S. Cities, Analysis Finds. Here’s Where They Are
CNBC, April 9, 2024-Ana Teresa SoláThere is a record number of areas in the U.S. where the “typical” home is worth $1 million or more.Click here for more
So You Think Fixed-Rate Mortgage Payments Won’t Ever Go Up? Think Again
Miami Herald, Apr. 9, 2024–Lew SichelmanIf you have a fixed-rate mortgage, your payments will always stay the same, right? Wrong.Click here for more
How Far Will Mortgage Rates Fall When the Fed Cuts Rates? Here’s What Experts Say
CBS News, April 9, 2024–Jessica WalrackIf Fed rate cuts do happen as many expect, how far can you expect mortgage rates to drop, if at all? We asked some experts …
U.S. Jobs Report Reaction: Not Too Hot, Not Too Cold
MPA, April 8, 2024-Candyd MendozaThe March jobs report delivered a surprise, with total nonfarm payroll employment increasing by 303,000, exceeding consensus forecasts of 200,000 job gains. Click here for more (subscription)
Rural America Is Losing Affordable Housing at a Crisis Pace
HousingWire, April 8,, 2024-Bill ConroyThe lack of affordable housing in the United States is well-documented in the nation’s urban markets, where it is contributing to the swelling ranks of the …
Blackstone Making $10 Billion Multifamily Purchase, Going on the Real Estate Offensive
The Wall Street Journal, April 8, 2024-Craig KarminBlackstone has agreed to acquire an owner of upscale apartment buildings for about $10 billion, signaling that one of the world’s largest real-estate …