Zillow: Analysts Expect Home Prices to Grow Steadily Starting in 2024
Zillow, Seattle, said home prices nationally should bottom out in 2023, then return to a more normal growth rate.
Lenders Active in Hotel Sector
Lenders remain active in the hotel sector despite rising interest rates, inflation and recessionary fears, reported real estate investment banking firm RobertDouglas, New York.
Initial Claims Down 3rd Straight Week
Initial claims for unemployment insurance fell for the third consecutive week, the Labor Department reported Thursday, signaling a resilient labor market despite uncertain economic conditions.
Dealmaker: Oxford Properties Group Acquires Biomanufacturing Facility for $125M
Oxford Properties Group, Toronto, acquired 92 Crowley Drive, a biomanufacturing facility under construction in Marlborough, Mass., for $125 million.
MBA White Paper Addresses Future of Loss Mitigation
The Mortgage Bankers Association released a white paper, The Future of Loss Mitigation, which takes into consideration how lessons applied and learned during the COVID-19 pandemic should shape permanent loss mitigation policy.
Industry Briefs Mar. 3, 2023: Fitch Ratings Says FHA Premium Cuts ‘Credit Neutral’ for Private Mortgage Insurers
Fitch Ratings, New York, said recently announced reductions in the Federal Housing Authority mortgage insurance premium rates are not expected to have a meaningful credit impact on private U.S. mortgage insurance carriers.
