MPA, Dec. 12, 2023-Tony CantuThere have been scant positive elements to the housing industry in the past year – what with rising rates and a lack of affordability. But mulled …
Category: Top National News
D.C. Sold Properties for Affordable Housing. Half Are Still Vacant.
The Washington Post, Dec. 12, 2023-Justin Wm. Moyer and Danny NguyenAbout two dozen properties that D.C. auctioned off years ago to developers who promised to build housing for middle-income families …
Correspondent Share Rises in Conventional-Conforming Market
Inside Mortgage Finance, December 12, 2023–Namrata BhatiaThe correspondent channel took market share from the retail channel in the conventional-conforming sector in the third quarter.Click here for more. (subscription)
Barreling Down the Hotel Financing Runway—How Much Room is There?
Hotels magazine, December 8, 2023The hotel industry operated in a low-interest-rate environment for a decade and a half: markets were stable; debt was relatively cheap. Today, it’s a different environment: …
The Math for Buying a Home No Longer Works. These Charts Show You Why.
Wall Street Journal, Dec. 12, 2023–Gina HeebMany would-be buyers were already feeling stretched thin by home prices that shot quickly higher in the pandemic, but at least mortgage rates were …
The Biggest Winners and Losers From the Work-From-Home Revolution
The Wall Street Journal, Dec. 11, 2023-Nicholas BloomThe fivefold increase in working from home ushered in by the pandemic is perhaps the largest change to hit U.S. labor markets since …
Renters Are Starting to Get Concessions From Landlords Again
The Wall Street Journal, Dec. 10, 2023, Will ParkerWhen Tressy Coats looked to rent a somewhat worn-out, three-bedroom house in Virginia Beach, Va., two years ago, the market was so …
Commercial Mortgage Delinquency Rates Rise a Third Month in a Row
Globe St., Dec. 11, 2023-Richard BergerCommercial mortgage delinquencies in the third quarter of 2023 not unexpectedly increased for the third consecutive month, according to the Mortgage Bankers Association’s latest Commercial …
Macy’s Receives Buyout Offer — Is It All About Real Estate?
CBS News, Dec. 11, 2023-Kate GibsonMacy’s has received a $5.8 billion offer from an investment group to take the iconic department store chain private, a deal that could have more …