Mortgage News Daily, Nov. 2, 2020–Matthew GrahamMortgage rates move higher and lower all the time, but truly massive moves tend to arrive with many months (if not years) in between. …
Category: Top National News
Beware of Gloom and Doom Housing Market Crash Headlines
Housing Wire, Nov. 2, 2020–Logan MohtashamiWith Halloween in the rearview mirror, we still have one more spook to survive in 2020 – and no, I’m not talking about the upcoming …
Mortgage IPO Boom Faces Market Turbulence
Wall Street Journal, Nov. 2, 2020–Orla McCaffrey (subscription)Nonbank lenders have had a strong year, but October’s market shakeout could stall the fundraising train. (MBA mention)https://www.wsj.com/articles/mortgage-ipo-boom-faces-market-turbulence-11604313001?mod=hp_lead_pos4
Tech Workers Take to the Mountains, Bringing Silicon Valley With Them
Wall Street Journal, Nov. 2, 2020–Katherine Bindley (subscription)The diaspora of tech talent is apparent in towns around the Rockies, where wealth and business activity are rising, along with property priceshttps://www.wsj.com/articles/tech-workers-take-to-the-mountains-bringing-silicon-valley-with-them-11604242802?
This Is the Recipe for a Competitive Housing Market
Motley Fool, Nov. 2, 2020–Maurie BackmanThe overall housing market has been hot for much of 2020, but some cities are seeing a higher surge in demand than others.https://www.fool.com/millionacres/real-estate-market/articles/this-is-the-recipe-for-a-competitive-housing-market/
Rich Buyers Seeking Open Spaces Fuel a Housing Boom in U.S. West
Bloomberg, Oct. 29, 2020–Prashant GopalOut-of-state buyers push western Montana home prices up 17%. Out-of-state bidders who can work remotely are pricing out locals, sometimes buying properties sight unseen, for cash. …
Why Multifamily Loans Remain Resilient in New York
National Mortgage News, Oct. 30, 2020–Laura Alix, Paul Davis (subscription)Lenders pushed back against the notion that city dwellers’ pandemic-driven flight to suburbia would hurt them. They say fewer landlords have …
U.S. Household Spending Rose 1.4% in September
Wall Street Journal, Oct. 30, 2020–Amara OmeokweU.S. households boosted spending for a fifth straight month, helping the economy dig further out from the deep hole created by the pandemic. The …
How The Pandemic Will Impact The Real Estate Market
Forbes, Oct. 30, 2020–Aaron MarshallFor everybody — and certainly those in property management and the real estate industry — this entire year has been a big question mark, or maybe …