Real Estate Industry News & Insights
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FHA Increases Threshold on Multifamily Large Loans
This marked the first increase in the multifamily loan threshold since 2014. Continue Reading FHA Increases Threshold on Multifamily Large Loans
273 Bank Branches Closed in May
As of May 31, banks had a total of 78,121 active branches. Continue Reading 273 Bank Branches Closed in May
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Mortgage repayments for new buyers now ‘close to pre-2008 levels’
Source: FT Adviser --- Mortgage repayments now make up nearly 40 per cent of a first-time buyer’s net take-home pay, which high street bank Nationwide has said is “close to the levels seen in the run up to the financial crisis”. Senior economist at the bank, Andrew...
Does Rent Go Down During A Recession? What Renters And Real Estate Investors Can Expect
Source: Forbes --- Key Takeaways Just because there’s a recession doesn’t necessarily mean rent prices go down. In fact, during the 2008 recession, it was the exact opposite. In the current rental market, we have seen the rate of increase in rental prices come down,...
The real estate rager is over. Prepare for a housing hangover.
Source: MLive --- The housing market is cleaning up its wildest party in decades. Prices saw double-digit increases while days on the market were reduced to hours. But now we’re flipping on the lights and ending this rager. It’s time to go back to normal — whatever...
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