A warmer-than-normal housing market now shows signs of a typical late-summer seasonal cooldown, the latest Zillow market report said.
Category: News and Trends
CONVERGENCE: Navigating the Obstacles in Multifamily Housing: Perspectives from the Affordable Rental Housing Advisory Council–Aug. 29
The demand for affordable housing continues to outstrip supply, and steep rental increases exacerbate the problem. Policy measures alone won’t solve these issues. MBA members have sought innovative ways to address the ongoing challenges in this space.
Industry Briefs Aug. 17, 2023
Industry briefs from Mobility Market Intelligence, Valligent and Xactus.
First American: What Happens to Cap Rates if…
Multifamily capitalization rates have now increased for three consecutive quarters, the first time since the Great Financial Crisis. This is a sign that investors are requiring higher yields today in order to purchase a property.
Make Your Voice Heard through MBA Mortgage Action Alliance
The MBA Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.
Register by Sept. 8 and Save: MBA’s mPowering You Summit For Women in Real Estate Finance Oct. 14
Experience powerful conversations and inspiring speakers and make new connections. Be part of the magic of this special day, where hundreds of women gather to learn from each other, create opportunities for one another and stand strong together.
MBA Weekly Survey Aug. 16: Mortgage Applications Decrease Again
Mortgage applications decreased 0.8 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 11, 2023.
Quote: Aug. 17, 2023
“Demographic tailwinds from millennials continuing to age into their prime home-buying years and a lack of existing-home inventory means that new-home construction is essential in meeting shelter demand.”
–First American Deputy Chief Economist Odeta Kushi
MBA Weekly Survey Aug. 16: Mortgage Applications Decrease Again
Mortgage applications decreased 0.8 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 11, 2023.