U.S. Foreclosure Activity Spikes in May
Foreclosure filings--default notices, scheduled auctions or bank repossessions--increased 7% in May from April and 14% from a year ago, reported ATTOM, Irvine, Calif.
MISMO Introduces Engineering Guideline to Enhance Clarity on Use of XML Attributes, Elements
MISMO, the real estate finance industry's standards organization, announced the availability of the new MISMO Engineering Guideline (MEG) 24, which outlines the MISMO architecture development and interoperability principles for XML technologies and service requirements as identified by the MISMO constituency.
City-by-City Remote Trends Continue to Affect Office Vacancy Rates
CommercialEdge, Santa Barbara, Calif., reported that due to a variance in remote and hybrid work, some cities’ office markets remain more vulnerable than others, affecting metrics such as vacancy rates, rental prices, sales and pipelines.
Existing Home Sales Edge Higher
Existing home sales grew 0.2% in May to a seasonally adjusted annual rate of 4.30 million, the National Association of Realtors reported Thursday.
