Walker & Dunlop, Bethesda, Md., secured $237.5 million for a transit-oriented mixed-use community and a five-story condominium within the Edge-on-Hudson development in Sleepy Hollow, N.Y.
Category: News and Trends
Industry Briefs, May 7, 2025
Industry news from Sagent, Maxwell, Union Home Mortgage, United Wholesale Mortgage, ICE Mortgage Technology, AmeriHome Correspondent, Snapdocs and Autoagent.
Watch: MBA’s Bob Broeksmit on the Latest on Trigger Leads; Improving HUD’s Lending Programs
MBA’s President and CEO Bob Broeksmit, CMB, provides a video message on the latest on trigger leads and HUD’s lending programs.
CBRE: U.S. Multifamily Rebound Continues in Q1
CBRE, Dallas, found the overall multifamily vacancy rate fell to 4.8% in Q1, as renter demand continued to outpace new deliveries.
May 12–Manufactured Housing 101: Understanding the Basics
Join MBA and the Women in Housing and Finance for a general overview of manufactured housing industry, May 12 at 2:00 PM ET.
ICE: First-Time Homebuyers Comprise Record Share of Agency Purchase Lending
First-time homebuyers accounted for a record share of agency purchase lending in the first quarter as higher interest rates continue to dampen repeat buyer participation in the market, according to Intercontinental Exchange Inc.
Quote of the Day
“Younger homebuyers are picking up market share with lenders this spring, with people age 35 and under accounting for more than half of financed home purchases by first-time buyers in Q1.”
-ICE’s Andy Walden
Industry Briefs, May 6, 2025
Industry news from Sagent, Maxwell, Union Home Mortgage, United Wholesale Mortgage, ICE Mortgage Technology, AmeriHome Correspondent, Snapdocs and Autoagent.
Realtor.com: Homebuyers Need to Earn 70% More Today Than in 2019
Realtor.com, Santa Clara, Calif., released its April Housing Trends report, finding that a U.S. household now needs to earn $114,000 to afford a median-priced home. That’s up 70.1% from $67,000 in pre-pandemic 2019.
U.S. Adds 177,000 Jobs in April; Industry Economists Weigh In
The U.S. Bureau of Labor Statistics reported that 177,000 jobs were added to total nonfarm payroll employment last month, with the unemployment rate flat at 4.2%.