Business Insider, Jan. 23, 2024-Filip De MottCommercial and multifamily mortgage borrowing and lending is forecast to surge 29% from last year’s estimated total of $444 billion, the Mortgage Bankers Association …
Category: Top National News
WeWork Wrestles to Amend Leases as Landlords Seek Clarity on Restructuring Plan
The Wall Street Journal Pro, Jan. 22, 2024-Akiko MatsudaWeWork entered bankruptcy looking to reject or amend leases that were fueling billions of dollars in losses at the flexible-workspace company. But …
What’s Impacting U.S. Housing Supply?
MPA, Jan. 22, 2024-Tony CantuThose locked-in rates from the pandemic times are having an impact on housing supply shortfalls. Making matters worse is that home affordability continues to erode.Click here …
Rising Rates And Favorable Demographics Drive Hope For A Mortgage Rebound
National Mortgage Professional, Jan. 22, 2024-Christine StuartWith 2023 in the rearview mirror, experts in the industry spent time last week talking about why 2023 was so bad and why they’re …
Bill Will Boost Low-Income Tax Credit Availability
National Mortgage News, January 19, 2024–Brad FinkelsteinA 12.5% increase in the ceiling on the low-income housing tax credit program would be restored if Congress passes a broader bipartisan proposal for …
Home Sales Hit Rock Bottom Last Year — Now, There Are Signs of a Rebound
Axios, Jan. 22, 2024-Emily PeckIn 2023, existing home sales fell to their lowest level in nearly 30 years, but now there are some early signals that the market is picking …
$30,000 a Year for Housing? That’s Average in New York.
The New York Times, Jan. 22, 2024-James BarronHousing costs a lot in New York City: about $30,000 per year for the average household, according to a report from the state …
Aging in Place Is Disrupting the Flow of the Housing Market
WTOP, Jan. 22, 2024-Jeff ClabaughThe biggest problem vexing the housing market remains a lack of homes for sale, and boomers deciding to stay put is fueling some of it.Click here …
In Boston’s Priciest Neighborhood, Buyers Fork Over More Per Square Foot Than Anywhere in the U.S.
The Wall Street Journal, Jan. 21, 2024-Jessica FlintIn the heart of Boston, the 02115 ZIP Code is largely dominated by hospitals, museums, educational institutions and student housing.Click here for more …
Uncle Sam Offers a Boost to Fixer-Uppers
Banker & Tradesman, Jan. 21, 2024-Lew SichelmanThese days, demand for houses is so high that the few places on the market are either way overpriced or in such poor condition …