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National Multifamily Corp. Expands Into South Carolina

National Multifamily Corp. Expands Into South Carolina

by Phil Hall | Apr 10, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate brokerage National Multifamily Corp. has secured its latest company license in South Carolina. Headquartered in Rye Brook, New York, the company is licensed in its home state and Connecticut, New Jersey, Rhode Island, Massachusetts, Pennsylvania,...
Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data

Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data

by Phil Hall | Apr 10, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market contributed to the uptick in the latest Consumer Price Index (CPI) data published today by the U.S. Bureau of Labor Statistics. The CPI for March recorded a 3.5% year-over-year increase, up from the 3.2% annual uptick in February. Last month marked...
Refinancing Outpaces Purchase Loans in Latest MBA Data

Refinancing Outpaces Purchase Loans in Latest MBA Data

by Phil Hall | Apr 10, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Refinance activity outpaced purchase loans in the latest data from the Mortgage Bankers Association (MBA) covering the week ending April 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.1% on a seasonally...
HUD Allocates $10 Million for Community Revitalization Grants

HUD Allocates $10 Million for Community Revitalization Grants

by Phil Hall | Apr 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has issued a new notice of funding opportunity through the FY24 Choice Neighborhoods Planning Grant to provide $10 million for support local planning efforts to revitalize communities. Approximately 20...
The Most Overpriced Housing Market Is…

The Most Overpriced Housing Market Is…

by Phil Hall | Apr 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Twelve of the nation’s 15 most overpriced housing markets are in Sun Belt states, according to February data from the Top 100 U.S. Housing Markets published by Florida Atlantic University and Florida International University. The new data report crowned Atlanta as the...
Mortgage Credit Availability Up in March

Mortgage Credit Availability Up in March

by Phil Hall | Apr 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability increased last month, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) was up by 1.1% in March to 93.9; the index was benchmarked to 100 in March 2012. The...
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