Zillow, Seattle, conducted a new survey delving into prospective buyers’ willingness to purchase a haunted house, finding 67% report they could be convinced to buy a haunted house if it had the right features, location or was more affordable, among other factors.
Category: News and Trends
MISMO Announces Governance Committee for 2024-2025
MISMO, the real estate finance industry’s standards organization, announced members of its Standards Governance Committees for a two-year term beginning in January 2024.
MISMO Winter Summit Jan. 8-11, 2024
MISMO Summits allow you to network and collaborate with your industry colleagues while learning the latest updates on mortgage industry standards. Your participation helps make the digital future possible.
Nov. 2: CONVERGENCE: Strategies for Serving Millennial and Gen Z Homebuyers
Join us for an educational webinar to explore the unique housing challenges and emerging trends that millennials and Gen Z homebuyers face.
CoreLogic: Historic Low for Delinquencies in August
CoreLogic, Irvine, Calif., found in its Loan Performance Insights Report for August that the overall mortgage delinquency rate was at 2.6%, a historic low.
HUD, Biden Administration Encourage More Commercial-to-Residential Conversions
On Friday, HUD and the Biden Administration announced two updates to increase housing supply and improve housing affordability, including research on commercial-to-residential conversions. Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, weighed in on the announcement.
Quote: Oct. 30, 2023
“MBA shares the Biden administration’s commitment to increasing housing supply and appreciates its willingness to engage with us and the industry on ways to incentivize lenders and borrowers to rehab, repurpose, and convert more obsolete commercial properties into affordable rental housing and other usable spaces”
–Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, commenting on the Biden administration’s guidance announced Friday on commercial property conversions.
MBA Advocacy Update Oct. 30: CRA Final Rule Released
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week: Actual and Modeled CRE Lending ($Billions)
MBA’s latest commercial real estate finance (CREF) forecast anticipates 2023 origination volumes ($442 billion) will come in just a bit more than half of what they were in 2022 ($816 billion).
Tech Industry Leasing More Offices, CBRE Finds
CBRE, Dallas, reported that despite challenges in the sector, the tech industry has reclaimed the largest share of U.S. office leasing in the third quarter.