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. …
Category: Top National News
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)
Real Estate Investors Stung by Rising Insurance Costs
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 …
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 …