Deseret News (Utah), Oct 27, 2023–Katie McKellarHousing affordability is relative, but as the U.S. grapples with a historically unaffordable era, some markets are standing out for their cheaper home prices, …
Category: Top National News
Preferred Equity Takes Center Stage
GlobeSt.com, October 26, 2023–Natalie DolceHow preferred equity has emerged as a solution in commercial real estate financing.Click here for more.
FTC Requires Nonbank Financial Institutions to Report Data Breaches
HousingWire, October 27, 2023–Flávia Furlan NunesNonbank financial institutions, including mortgage brokers, motor vehicle dealers and payday lenders, must report certain data breaches and other security events to the Federal Trade …
Don’t Put Your Earnest Money at Risk
Banker & Tradesman, Oct 29, 2023—-Lew SichelmanAttaching a check to the offer on a house you hope to purchase is the right way to signal your intentions to the seller. …
2nd Lien Firms Eye Piggybacks for VA, FHA Assumptions
Home Equity Lending News, Oct. 28, 2023–Nunio DeMasioSeveral second mortgage players who attended the MBA Annual Conference in Philadelphia talked about growing interest in assumptions on government first mortgages that …
Nearly One-Third of Homeowners Have $1,000 or Less Saved For Home Emergency
Weekly Real Estate News, Oct 27, 2023–Phil HallAt a time when the average home emergency costs around $2,000 to repair, roughly one-third (31%) of homeowners admit to having $1,000 or …
Second Home Sales Slide in Pandemic-Era Vacation Hot Spots
Reuters/Street Insider, Oct. 30, 2023–Amina NiasseU.S. vacation home sales have fallen by nearly three-quarters from their frenzied pace three years ago as an inventory shortage spawns a wrenching correction in …
Rising Mortgage Rates Move the Needle on Home Shortage
National Mortgage News, Oct. 26, 2023-Brad FinkelsteinFor the first time in about 15 months, the number of homes listed for sale increased on an annual basis — albeit by a …
The Fed Will Make an Interest Rate Decision Next Week. Here’s What It May Mean for Mortgage Rates.
CBS News, Oct. 27, 2023-Khristopher J. BrooksThe Federal Reserve’s flurry of interest rate hikes since March 2022 have taken a toll on home buyers, pushing the typical mortgage rate above …
Rising Miami Office Rents Reach Another Record
Commercial Observer, Oct. 26, 2023-Jeff OstrowskiBucking the national trend of an office market in crisis, South Florida office rents keep rising.Click here for more (subscription)