The supply of single-family vacant developed lots has tightened, according to Zonda, Newport Beach, Calif.
Category: News and Trends
Quote: Aug. 9, 2024
“If the demand pullback continues into Q3, it would also foreshadow a slowdown in retail home price appreciation.”
–Daren Blomquist, Vice President of Market Economics at Auction.com
Dealmaker: JLL Secures $50M Refinancing for Wilmington, N.C. Multifamily
JLL Capital Markets, Chicago, secured a $50 million bridge loan that refinanced Harrington Square apartments, a Class A mixed-use community in Leland, N.C. near Wilmington.
Equifax: How a Three-Bureau Environment Benefits Consumers and Provides Greater Access to Home Ownership
(Sponsored Content) A tri-merge environment provides more actionable data resulting in positive impacts for both lenders and borrowers.
Rob Chrane & Stacey Epperson: Manufactured Housing, Down Payment Assistance Expanding Affordable Housing Opportunities
Manufactured housing may not have attracted your interest or investment in the past but with America’s worsening affordability crisis and recent regulatory updates at the federal level, this may be the time to rethink your strategy.
MBA: Mortgage Credit Availability Increased in July
Mortgage credit availability increased in July according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
MCT Finds 5.67% Decrease in Mortgage Lock Volume in July
Mortgage Capital Trading, San Diego, found a decrease of 5.67% in mortgage lock volume from June to July.
MBA Recognizes Our Premier Members
MBA is proud to recognize its Premier Members and to thank them for their continued support of MBA and the real estate finance industry.
Home Improvements Top Reason to Tap Home Equity, Bankrate Reports
More than half of current homeowners (55%) see home improvements or repairs as a good reason to access built-up home equity, according to Bankrate, New York.
Quote: Aug. 8, 2024
“Overall credit availability grew to its highest level since October 2023, driven by increased conventional loan offerings such as ARMs and cash-out refinance loans.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist