Current News & Events
A Phil Hall Op-Ed: Can These Ideas Really Make Homeownership More Affordable?
Here’s a radical idea on how to approach the question of affordable homeownership: let the market correct itself. Continue Reading A Phil Hall Op-Ed: Can These Ideas Really Make Homeownership More Affordable?
California Home Sales and Prices Slumped in January
Also in decline was California’s median home price, which reached a 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Slumped in January
MBA Proposes Ginnie Mae Early-Buyout Securitization
“An EBO security addresses the timing mismatch within Ginnie Mae’s program,” said MBA’s Bob Broeksmit. Continue Reading MBA Proposes Ginnie Mae Early-Buyout Securitization
Bascom Group Acquires Seattle Multifamily Community
Built in 1992, the property features a five-story residential building situated above two levels of structured parking. Continue Reading Bascom Group Acquires Seattle Multifamily Community
Mortgage Rates Take Another Drop
The 30-year fixed-rate mortgage averaged 6.60% as of Dec. 12. Continue Reading Mortgage Rates Take Another Drop
Home Flipping Activity and Profits Down in Q3
The top four metro areas that recorded the largest flipping rates during the third quarter were all in Georgia. Continue Reading Home Flipping Activity and Profits Down in Q3
Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices
“There are buyers out there who have been waiting a long time to get into the market,” said Dr. Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices
Blackstone Pays $2.6 Billion for Mixed-Use Tokyo Property
The transaction is the largest real estate investment by a foreign investor in Japan. Continue Reading Blackstone Pays $2.6 Billion for Mixed-Use Tokyo Property
New Rule Forces Texas Politicians to Disclose Property Ownership Activities
Politicians could face fines or criminal charges if they fail to make full disclosures. Continue Reading New Rule Forces Texas Politicians to Disclose Property Ownership Activities
European, Swiss and Canadian Central Banks Cut Rates
The European Central Bank, Swiss National Bank and Bank of Canada each reduced rates. Continue Reading European, Swiss and Canadian Central Banks Cut Rates
Asking Rents Fall to Lowest Level Since March 2022
Sun Belt markets saw the most significant declines in median rents, led by Austin (-12.4%), Tampa (-11.3%) and Raleigh (-8.4%). Continue Reading Asking Rents Fall to Lowest Level Since March 2022
Study: Most Americans Want to Age in Their Current Homes
The majority of Americans ages 50 and older want to remain in their current homes as they age, but nearly half expect to relocate due to rising housing costs, according to AARP's 2024 Home and Community Preferences Survey. The new survey polled 3,090 adults from June...
Recent Posts
New Report Details Massive Parcel Vacancy Blight Across St. Louis- CFG Bank Launches CFG Mortgage Partners, Aimed at Multifamily Market
- ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data
- CRE Finance Council Names Toby Cobb as Chairman of Executive Committee
- Existing Home Sales Up 3.2% in May
