Industry Briefs from Fannie Mae, Floify, Truv, Mobility Market Intelligence and Lender ToolKit.
Category: News and Trends
Typical U.S. Home Sells For $4,000 Less Than Last Year, Redfin Reports
The median U.S. home-sale price dipped 0.9% year over year to roughly $383,000, reported Redfin, Seattle.
MBA Advocacy Update July 3, 2023
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week July 3, 2023: Office Property Sales Volumes and Values
In commercial real estate, all eyes remain on the office market. That is despite the fact that multifamily mortgage debt – accounting for $2.0 trillion of the $4.6 trillion of total outstanding — is almost three times as large and office accounts for just 17 percent of total CRE debt.
Dealmaker: BWE Secures $36M for Acquisition, Renovation of Indiana University Student Housing
Bellwether Enterprise, Cleveland, secured $36 million in acquisition financing for a student housing property at Indiana University in Bloomington, Ind.
Veterans Optimistic About Homebuying, Survey Finds
Veterans United Home Loans, Columbia, Mo., found 55% of veterans and service members surveyed feel homebuying is within reach.
Deadline Today: Apply for MBA Education’s Residential Educator of the Year
MBA Education’s Residential Educator of the Year Award recognizes an MBA member company that exemplifies a commitment to learning and development by acknowledging an organization’s dedication to elevating the industry by improving the skills of its professionals.
Relocating Homebuyers Look Far Afield, Redfin Reports
More than one-quarter of homebuyers nationwide are looking to move to a different metro area, reported Redfin, Seattle.
MISMO Seeks Public Comment on Updated Version 3 XML Reference Model General Information Guide
MISMO, the real estate finance industry’s standards organization, announced that it is seeking public comment on the updated Reference Model Version 3 XML General Information Guide.
MBA Research Roundup June 2023
Each month, MBA Research releases a roundup of recent data, activities and other pertinent developments crucial to the real estate finance industry.