MBA Advocacy Update Nov. 1 2021
MBA submitted recommendations to FHFA in response to its RFI on the new Equitable Housing Finance Plans required of the GSEs, as well as on FHFA’s proposed housing goals for the GSEs. MBA also submitted a comment letter and signed onto a joint comment letter to the OCC in response to the Agency’s proposal to rescind its June 2020 CRA Rule.
Tech Industry Expands Office-Leasing Activity
CBRE, Dallas, said the technology industry led a rebound in U.S. office-leasing activity this year, fueled by increased hiring and demand for tech products and services.
MBA Chart of the Week: FHFA Purchase-Only Price Index
This week’s MBA Chart of the Week shows FHFA’s quarterly, non-seasonally adjusted year-over-year HPA starting from the fourth quarter of 2008 through the second quarter of 2021, together with MBA’s quarterly forecast through the end of 2024.
Share of Migration Slows; ‘High-Crime’ Neighborhoods Take a Hit
Nationwide, 30.2% of Redfin.com users looked to move to a different metropolitan area in the third quarter, down from 31.1% in the second quarter, marking the second-straight quarter of declines following four-consecutive quarters of increases.