Opportunity Zone Home Prices Well Below National Levels

ATTOM Data Solutions, Irvine, Calif., said in “opportunity zones”–special areas of the U.S. aimed at spurring improvement and development-nearly half of homes have median home prices below $150,000.

Black Knight: Tappable Equity at Record $6.3 Trillion

Black Knight, Jacksonville, Fla., said after falling through the second half of last year, tappable equity saw its second consecutive quarterly increase, hitting a record high $6.3 trillion in the second quarter.

Special Servicing Volume Declines Again

Fitch Ratings, New York, reported the volume of commercial mortgage-backed securities loans and assets in special servicing declined nearly 10 percent between April and July to $9.8 billion.

The Inverted Yield Curve’s Effect on CRE

The recent yield curve inversion may raise concerns about a potential recession, but it is unlikely to harm commercial real estate investors.

FHA Issues New Condo Approval Rule

The Federal Housing Administration yesterday published a new final regulation aimed at relaxing requirements for condominium projects seeking approval for FHA eligibility.