The Wall Street Journal, Nov. 20, 2023-Will ParkerBig public companies that rent out single-family homes are beating the rest of the rental market this year, thanks to tenants who are …
Category: Top National News
Office Stocks Post Biggest Rally in Three Years. Their Real-Estate Problems Remain.
The Wall Street Journal, Nov. 21, 2023-Peter GrantShares of battered down office landlords had their biggest one-day rally in three years last week, after inflation data came in lower than …
Home Vacancies Near All-Time Lows as Housing Shortage Bites
Axios, Nov. 21, 2023-Matt PhillipsThis housing shortage is historic.Click here for more
New York City May Pay You to Build a ‘Granny Flat’ in Your Backyard
The New York Times, Nov. 21, 2023-Mihir ZaveriTo address the big problem of New York’s housing crisis, the city is trying something small: payments to homeowners to build apartments in …
Jumbo Originations Decline in Third Quarter
Inside Mortgage Finance, November 21, 2023–James DohnertJumbo production declined by 6.0% in the third quarter and the sector lost some market share.Click here for more. (subscription)
VA Calling on Servicers to Suspend Foreclosures Through May
National Mortgage News, Nov. 20, 2023–Bonnie SinnockNews reports of the negative impact to borrowers from the partial claims program’s discontinuation, and a letter from Senate Democrats, appear to have prompted …
America’s Homebuyers Are Getting Older
Axios, Nov. 20, 2023-April RubinThe U.S. housing market has shattered the stereotypical American dream, as the dominant group of homebuyers ages and moves without young children.Click here for more
No, Really. Building More Housing Can Combat Rising Rents
Bloomberg News, Nov. 20, 2023-Sarah HolderWhen it comes to housing, seeing is believing. To many, construction cranes are considered a grim harbinger of gentrification, not a sign that rents will …
Housing Watch: Is Now a Good Time to Buy a Home?
Fox Business, Nov. 20, 2023-Megan HenneyMortgage rates have been falling for weeks as high inflation eases, but the housing market may continue to grapple with an affordability crisis for months …
Fed Survey: Mortgage Application Rejection Rates Decline In 2023
National Mortgage Professional, Nov. 20, 2023-Christine StuartThe Federal Reserve Bank of New York’s Center for Microeconomic Data revealed Monday that rejection rates for new mortgage applications declined over the past …