Globe St., Feb. 20, 2024, Erik ShermanIn its 2023 Q4 earnings report last week, Ventas didn’t meet expectations — a lost of $0.23 per share for the quarter rather than …
Category: Top National News
Single-Family Built-for-Rent Almost Doubled Since 2020
Calculated Risk, Feb. 20, 2024–Bill McBrideThe Census Bureau recently released Housing Units Started by Purpose and Design through Q4 2023. Although the majority of units built-for-rent’ are still multi-family, there …
New California Law Eases Process of Building Affordable Housing on Church Property
CBS News, Feb. 19, 2024-Kenny ChoiA church that was once in a predominantly black neighborhood of Berkeley has been transformed into a multi-million dollar home.Click here for more
The Hottest Trend in U.S. Cities? Changing Zoning Rules to Allow More Housing
NPR, Feb. 17, 2024–Laurel WamsleyAmerica is facing a housing crisis. To ramp up supply, cities are taking a fresh look at their zoning rules that spell out what can be …
Odd Lots: Immigrants, Wages, Fraud
The Housing Scene by by Lew Sichelman, Feb. 16, 2024Say what you want about America’s immigration “crisis,” but we wouldn’t be able to build our houses without immigrants.Click here for …
Fed’s New Twist to Annual Stress Test Will Assess Impact of Interest Rates, Hedge Funds
The Wall Street Journal, Feb. 15, 2024-David BenoitThe Federal Reserve is adding a new layer to its annual stress test, looking to measure how prepared the nation’s biggest banks are …
Mortgage Rates Shoot to 2-Month High After New Report Shows Inflation Is Still Hot
CNBC, Feb. 16, 2024-Diana OlickMortgage rates shot higher Friday after a monthly government report on wholesale prices showed inflation is still persistent and hotter than most analysts had expected.Click here …
U.S. Single-Family Housing Starts Fall in January; Permits Rise
Reuters, Feb. 16, 2024U.S. single-family homebuilding fell in January, likely because of harsh weather conditions, but a rise in permits for future construction suggested a rebound in the coming months.Click …
Lack of Second Lien Guidance Disrupts VA Assumptions
Home Equity Lending News, February 16, 2024The assumption process on first mortgages guaranteed by the Department of Veterans Affairs is broken, and one of the reasons is the lack of …
‘The Least Affordable Housing Market in Recent Memory’: Why Now is a Great Time to Rent
USA Today, Feb. 16, 2024–Daniel de ViséIt’s a great time to rent. The spiraling costs of homeownership have turned the perennial rent-vs.-own equation on its head. In most of the …