Mortgage credit availability fell for the eighth straight month in October, remaining at a nine-year low, the Mortgage Bankers Association reported Tuesday.
CoreLogic, Irvine, Calif., said its National Mortgage Fraud Risk Index showed little change in the third quarter, although it noted a “significant” increase in risk levels for multifamily purchases.
More retailers are now incorporating small-format stores into their portfolios, reported Placer.ai, Los Altos, Calif.
This week’s MBA Chart of the Week shows the reasons for leaving one’s previous residence. The three main reasons in the 2021 AHS are wanting a larger or better-quality home (17.7%), wanting a more desirable neighborhood (15.6%) and forming their own household (14.4%).
Excelsa Properties, Bethesda, Md., closed its $78-million purchase of Columbia Pointe, a 325-unit multifamily in downtown Columbia, Md.