The Wall Street Journal, Oct. 12, 2023-Justin LahartThe September inflation report was stronger than most economists thought it would be. It might not have been strong enough to hinder the …
Category: Top National News
Mortgage Rates Jump Again to 7.57%, Highest Since 2000
The Wall Street Journal, Oct. 12, 2023-Gina HeebMortgage rates notched a fresh two-decade high, delivering more pain to the floundering housing market.Click here for more (subscription)
Newsom Signs 56 Housing Bills to Boost Affordability, Help Tenants
NBC Bay Area, Oct. 12, 2023-Katy St. ClairCalifornia Gov. Gavin Newsom on Wednesday signed multiple housing bills aimed at tackling the state’s lack of affordable housing and making it easier for …
Despite a Downturn, the U.S. Industrial Real Estate Sector Is Moving Positively
Global Trade, Oct. 12, 2023-Peter FrerichsDespite some gloomy predictions, industrial real-estate is having a rather prosperous year, historically speaking.Click here for more
Miami’s Rental Market Roller Coaster Is Headed Downhill
The Wall Street Journal, Oct. 12, 2023-E.B. SolomontWhen Neil Harris moved his family to Miami from Tennessee in 2020 during Covid, he signed a $29,500-a-month lease for a beachfront apartment …
Unintended Consequences Abound With Real Estate Commission Change
National Mortgage News, Oct. 12, 2023-Brad Finkelstein Ending the practice of the seller paying the buyer’s real estate broker commission would result in harm to consumers already facing affordability challenges, …
What One Executive Did About the Homeownership Gap and Hiring
National Mortgage News, Oct. 10, 2023–Bonnie SinnockPatty Arvielo, co-founder and CEO of New American Funding, is so closely associated with promoting the inclusion of two racial groups that typically lag …
Housing Groups Call on Fed to Stop Raising Rates
Yahoo Finance, Oct. 11, 2023–Nicholas Jacobino and Julie HymanThe Mortgage Bankers Association sent a letter to the Federal Reserve urging policy makers to reduce rates, in fear that continued rate …
The “Urban Doom Loop” Could be Coming to a City Near You
Washington Post “Post Reports” podcast, Oct. 11, 2023–Rachel SeigelIn this podcast, the Post’s Rachel Seigel takes us on an economic journey through the “urban doom loop” of empty office buildings …
The Californization of the Texas Housing Market
The Wall Street Journal, Oct. 11, 2023-Adolfo FloresTexas has long had a reputation as an affordable place to live, in large part because homeownership stayed within reach for the middle …