Wealth Management Real Estate, Apr. 15, 2022–Bendix AndersonAlthough some pressures remain, with vacancy rates starting to fall and other fundamentals stabilizing, seniors housing developers are looking to push new projects …
Category: Top National News
Prime Farmland in Ontario, Calif., is Being Overtaken by Warehouses
National Public Radio, Apr. 15, 2022–Gloria HillardEast of Los Angeles, giant warehouses and distribution centers are replacing farms in an area known as the Inland Empire. The logistics industry is …
Odd Lots: Inflation Frustration, On Time, Ukraine, Millions
The Housing Scene (UExpress), Apr. 15, 2022–Lew SichelmanWits’ End would make an appropriate name for a new subdivision in today’s wild housing market. But even though there’s no such place …
Reverse Mortgage Knockoff Available for Seniors 55 and Over
Orange County Register, Apr. 14, 2022–Jeff LazersonA good solution for some could be an interesting mortgage hybrid that takes baby steps to a reverse mortgage. It’s available for those age …
Mortgage Apps for New Home Purchases Decreased in March
NEXT, Apr. 15, 2022The Mortgage Banker’s Association reported a 5% year-over-year decrease in mortgage applications for new home purchases in March, according to its latest Builder Application Survey, while growth …
Higher Mortgage Rates Aren’t Stalling Home Prices — Here’s Why
Union-Bulletin (Walla Walla, Wash.), Apr. 14, 2022–Zach WichterWhile experts expect a variety of factors — including rising mortgage rates — to slow home price growth this year, buyers still need …
HUD Secretary Appoints ‘Racial Equity Czar,’ Creating Federal Template On Racial Equity
Forbes, Apr. 14, 2022–Richard FowlerIn a move to double-down on Rev. Dr. Martin Luther King Jr.’s legacy and the Biden administration’s broader fight for racial equity, HUD Secretary Marcia Fudge …
Manhattan Apartment Rents Hit Another Record in Frenzied Market
Bloomberg, Apr. 14, 2022Manhattan apartment rents rose 23% in March on a year-over-year basis, according to a report by Miller Samuel and Douglas Elliman Real Estate. New leases signed for …
Mortgage Rates Top 5 Percent for the First Time in Decade
The Hill, Apr. 14, 2022–Tobias BurnsThe interest rate for the 30-year fixed-rate mortgage hit a ten-year high of 5 percent Thursday, continuing steep inclines that started last December in a …
Buyers Stymied by Fewer Homes, High Prices, Rising Rates
Associated Press, Apr. 14, 2022–Alex Veiga (MBA mention)America’s housing market has grown increasingly frenzied and prices are out of reach for many buyers, especially first-timers. This spring, traditionally the busiest …