The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities (CMBS) during August reached 4.16%. August’s delinquency rate was a 23 basis point increase from July, which followed a 34 basis point spike from June. However, the total delinquent and...
Toronto-based Inovalis Real Estate Investment Trust (OTCMKTS: IVREF; TSX: INO.UN) announced the appointment of Stéphane Amine as president and CEO. Amine is the founder of Inovalis SA, that French Alternative Investment fund that is the manager of the REIT. He...
A modern-day castle in Connecticut that was first listed for sale nine years ago had its price discounted to $26 million. Realtor.com reported the 18,000-square-foot castle on a 75-acre lot in the town of Woodstock, Connecticut, that was purchased in 2003 for $167,500...
The 30-year fixed-rate mortgage continued its historic ascension, averaging 7.23% as of today, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). Last week, it broke past the 6% mark to average 7.09%m while a year ago at this time...
The next two years are expected to see the completion of 1 million new rental housing units, according RentCafe’s annual Apartment Construction Report. Tapping into data from its sister company Yardi Matrix, RentCafe is forecasting 460,860 new apartments to open this...
New data from ATTOM has determined there were roughly 1.3 million U.S. residential properties that are vacant, as of the third quarter of this year. That figure represents 1.3%, or one in 79 homes, across the nation, the same level as in the second quarter. ATTOM also...
Discount-Hungry Homebuyers Paying More Attention to Foreclosure Listings
