Globe St., Jan. 30, 2024-Philippa MaisterIt looks like 2024 could be the year when investors lose their fear of the CRE markets even as they note the risks around them. …
Category: Top National News
American Homebuyers Get $40,000 Boost As Mortgage Rates Fall
Newsweek, Jan. 29, 2024-Omar MohammedMortgage rate declines from their two-decade peak in October are allowing buyers to buy homes worth tens of thousands of dollars more than they did a …
Black Homebuyers Hit Hard as Housing Affordability Nears Record Low
MPA, Jan. 3, 2024-Jonalyn CuetoAmid the tumult of the pandemic’s early days, a remarkable shift occurred in the landscape of American homeownership, particularly among Black communities. For years, the trajectory …
Home-Price Growth Accelerated in November
The Wall Street Journal, Jan. 30, 2024-Nicole FriedmanHome-price growth accelerated in November as the inventory of homes for sale remained unusually low.Click here for more (subscription)
A Record Number of Office Buildings Will Be Converted Into Apartments in 2024
Time magazine/Bloomberg, Jan. 29, 2024–Nazmul AhasanDevelopers are set to repurpose aging office buildings into apartments at a record level this year, as the remote work trend has pushed up vacancy …
Built-To-Rent Development Forecast: New Supply To Fall Short Of Demand This Year
Forbes, Jan. 29, 2024–Brad HunterThe blazing-hot pace of construction in the build-to-rent segment of housing is slowing down sharply. But it is not for a lack of demand from consumers. …
Brutal Winter Across America Is Keeping the Housing Market on Ice
The Wall Street Journal, Jan. 29, 2024-Libertina BrandtThe housing market can’t seem to catch a break. Click here for more (subscription)
U.S. Consumers and Businesses Are Borrowing Again
The Wall Street Journal, Jan. 29, 2024-Sam GoldfarbCredit is flowing freely again in the U.S.Click here for more (subscription)
Mortgage Rates in U.S. to Drop to 5.5% in 2024, Survey Shows
Bloomberg News, Jan. 28, 2024-Natalie Wong and Prashant GopalMortgage rates in the US will decline this year, stoking optimism about the battered real estate market, according to the latest Bloomberg …
Sen. Elizabeth Warren Pushes Fed Chair Powell to Cut ‘Astronomical’ Rates, Ease Housing Pressure
CNBC, Jan. 29, 2024-Rebecca PicciottoSen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates at the upcoming Fed meeting to …