The Wall Street Journal, Sept. 20, Allison Pohle (subscription)New York City’s crackdown on Airbnb and other short-term rental companies is already having an effect on guests and hosts.Click here to …
Category: Top National News
ICE to Price Climate Risk in Mortgage Bonds
The Wall Street Journal, Sept. 19, 2023-Matt Wirz (subscription)Bond fund managers have a new way to gauge potential losses from climate change.Click here to read
Weekly Mortgage Demand Increases, Driven by a Strange Surge in Refinancing
CNBC, Sept. 20, 2023-Diana OlickMortgage rates rose again last week, and so did demand for refinances, which at face value doesn’t make a lot of sense.Click here to read
Homebuyer Appetite Grows Despite Even Higher Mortgage Rates
MPA, Sept. 20, 2023-Candyd MendozaDemand for mortgages increased despite average 30-year interest rate shooting up to 7.31% – its highest level in four weeks, according to the Mortgage Bankers Association’s …
Report Warns of a Real Estate “Climate Bubble”
AxiosMiami, Sept. 20, Deirdra FuncheonA report out today by First Street Foundation, a nonprofit that analyzes climate risk, warns the national real estate market “has not adequately priced the cost …
Will Title Insurers Face Financial Stress Going Forward?
National Mortgage News, Sept. 19, 2023–Brad FinkelsteinTitle insurance premiums written increased on a sequential period basis in the second quarter, but they were down 37% from one year ago as …
More Workers Return to Office After Labor Day
Commercial Property Executive, Sept. 20, 2023–Gail KalinoskiPhysical occupancy breaks 50 percent nationwide for the first time in several months, according to Kastle Systems’ latest report.Click here for more.
America’s Biggest Landlords Can’t Find Houses to Buy Either
Wall Street Journal, Sept. 20, 2023–Ryan DezemberIt isn’t just regular Americans who are having trouble buying houses these days.High borrowing costs and the shortage of properties for sale have slowed …
U.S.’s Hardest-Hit Hotel Market Primed for a Comeback
The Wall Street Journal, Sept. 19, 2023-Kate King (subscription)New York City’s hotel recovery is checking in early.Click here to read
Supreme Court Ruling Sparks Fears About Economic Fallout
Newsweek, Sept. 19, 2023-Omar MohammedOn October 3, the Supreme Court will hear a challenge against the Consumer Financial Protection Bureau, or CFPB, in a case that could potentially declare the …