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Green Street’s U.S. Sector Outlooks Examine Commercial Real Estate During Capital Markets Upheaval

Green Street’s U.S. Sector Outlooks Examine Commercial Real Estate During Capital Markets Upheaval

by Staff Writer | Feb 3, 2023 | Commercial Real Estate News, Industry Updates

Feb. 3, 2023 (Staff Writer) — Green Street has released its 2023 Sector Outlooks, a series of forward-looking research reports highlighting operating fundamentals and valuations of U.S. commercial real estate during a period of capital markets volatility. The...
LoanDepot Director Pamela Hughes Patenaude Named Board Chair of Home Builders Institute

LoanDepot Director Pamela Hughes Patenaude Named Board Chair of Home Builders Institute

by Staff Writer | Feb 3, 2023 | Industry Updates, Mortgage Information

Feb. 3, 2023 (Staff Writer) — loanDepot, Inc. (NYSE: LDI) (“loanDepot” or the “Company”), one of the nation’s largest non-bank retail mortgage lenders, today issued the following statement from CEO Frank Martell on the news...
Home Rents on the Rise: Double-Digit Increases in 52% of U.S. Cities

Home Rents on the Rise: Double-Digit Increases in 52% of U.S. Cities

by Staff Writer | Feb 3, 2023 | Industry Updates, Real Estate News, U.S. Housing Market

Feb. 3, 2023 (Staff Writer) — Rentometer has released their Q4 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFR because they...
Feds raises rate a quarter point, inflation still a concern

Feds raises rate a quarter point, inflation still a concern

by Staff Writer | Feb 1, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market

February 1, 2023 (Staff Writer) The U.S. Federal Reserve (Fed) announced its first decision of 2023 for the Federal Funds rate today. An increase of 0.25 percentage points, taking rates between 4.50% and 4.75% was approved and adopted. This is now the eighth...
UWM Announces One-Time Close New Construction Loans

UWM Announces One-Time Close New Construction Loans

by Staff Writer | Feb 1, 2023 | News/Current Events, Real Estate Agent Tools, U.S. Housing Market

February 1, 2023 (Staff Writer) – United Wholesale Mortgage (UWM), the #1 overall lender in America, announced it will be offering One-Time Close New Construction loans, making the new build period as seamless as possible. Available today, this product provides LO’s...
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