CoreLogic Reports Borrowers See First Annual Home Equity Losses Since 2012
U.S. homeowners with mortgages saw their home equity decrease by 0.7% year-over-year--an average loss of $5,400 per borrower--according to CoreLogic, Irvine, Calif.
Owning a Home Still Important in Vision of ‘Good Life,’ Survey Says
Aspirations to homeownership remain high, despite rising interest rates and home prices.
Fitch Lowers REIT Sector Outlook Amid Tighter Lending
Fitch Ratings, New York, lowered its U.S. real estate investment trust sector outlook to Deteriorating from Neutral.
Dealmaker: Madison Realty Capital Originates $262M Construction Loan for Miami Condos
Madison Realty Capital, New York, originated a $262 million construction loan to developers PMG and E11EVEN Partners for E11EVEN Residences Beyond, a luxury development in Miami.