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 …
Category: Top National News
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 …
For Retailers, Business Is Back and Landlords Say No More Rent Discounts
Wall Street Journal, Jan. 29, 2024–Kate KingRetail property owners are shedding the discounts and other concessions they offered struggling tenants during the depths of the pandemic, the latest sign that …
Recycle at Home, With Your Home
Banker & Tradesman, Jan 28, 2024–Lew SichelmanScrap tires have been recycled for years into building products like flooring, infill decking and septic system drain fields. Actually, entire houses can be …