RealPage, Richardson, Texas, found 66% of multifamily renters surveyed report being happy with their current housing situation, with younger renters reporting the highest satisfaction rates.
Category: News and Trends
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.
Black Knight Reports Mortgage Rate Lock Activity Falls Again
Black Knight, Jacksonville, Fla., said mortgage rate lock activity fell for the second consecutive month in July, dropping 7% overall.
Commercial/Multifamily Borrowing Declines 53% Year-Over-Year in Second-Quarter 2023
Commercial and multifamily mortgage loan originations were 53% lower in the second quarter of 2023 compared to a year ago, and increased 23% from the first quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Haven’t Reevaluated Your Document Automation Strategy Yet? Now’s the Time
Whether you’re an originator, servicer, wholesale lender or investor, managing loan documents and data effectively can mean the difference between the success or failure of your process automation strategies.
RealPage: Most Renters Satisfied With Housing Situation
RealPage, Richardson, Texas, found 66% of multifamily renters surveyed report being happy with their current housing situation, with younger renters reporting the highest satisfaction rates.
Redfin: U.S. Housing Market Hits Record at Nearly $47 Trillion in Total Value
Redfin, Seattle, reported the estimated total worth of U.S. homes hit a record $46.8 trillion in June, beating a record of $46.6 trillion set last year.