The Consumer Price Index rose by another 0.6 percent in January and by an eye-catching 7.5 percent from a year ago, the Bureau of Labor Statistics reported Thursday.
Category: News and Trends
How Low-Density Multifamily Could Increase Affordable Housing Supply
Enterprise Community Partners, Columbia, Md., said re-zoning land to allow low-density multifamily housing could help communities address the negative impacts of exclusionary single-family zoning.
Dealmaker: Cushman & Wakefield Brokers $101M in Life Sciences, Medical Office Sales
Cushman & Wakefield, Chicago, closed life sciences and medical office property sales totaling $100.9 million in Missouri and Indiana.
Susan Sullivan of Enact: Maintaining Diversity Amidst The Great Resignation
Often, people tend to maintain the status quo of the candidate pool and focus solely on skill and training, without being intentional about or giving much consideration to diversity. Here are some tips on how to hire quickly without compromising your commitment to diversity, equity and inclusion:
Mortgage Delinquencies Near Pre-Pandemic Lows
Delinquency rates for mortgage loans on one-to-four-unit residential properties continued to trend downward, nearing historic lows last seen before the coronavirus pandemic, the Mortgage Bankers Association reported Thursday.
Mortgage Delinquencies Near Pre-Pandemic Lows
Delinquency rates for mortgage loans on one-to-four-unit residential properties continued to trend downward, nearing historic lows last seen before the coronavirus pandemic, the Mortgage Bankers Association reported Thursday.
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“The quarters right before the COVID-19 pandemic represented some of the lowest delinquencies ever recorded; delinquencies are now approaching levels not seen since the first quarter of 2020, which is a testament to the strength of the U.S. labor market.”
–MBA Vice President of Industry Analysis Marina Walsh, CMB.
Home Buyers on Budget Stand to Lose Big as Mortgage Rates Rise
Should mortgage interest rates go higher—and the Mortgage Bankers Association predicts they will hit 4% by the end of the year—home buyers on a fixed budget stand to lose some economic power, said Redfin, Seattle.
A Sneak Peak at MBA CREF22
After a virtual conference in 2021, join more than 2,400 of your commercial real estate colleagues in person next week for the MBA Commercial/Multifamily Finance Convention & Expo.
Quote
“The quarters right before the COVID-19 pandemic represented some of the lowest delinquencies ever recorded; delinquencies are now approaching levels not seen since the first quarter of 2020, which is a testament to the strength of the U.S. labor market.”
–MBA Vice President of Industry Analysis Marina Walsh, CMB.