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Flagstar Bank Donates $1 Million to Expand Appraiser Diversity
New York Community Bancorp, Inc. announced that its subsidiary, Flagstar Bank, N.A., has donated $1 million to the Appraiser Diversity Initiative (ADI), a collaboration between the Appraisal Institute, the National Urban League, Fannie Mae, and Freddie Mac. The...
Black real estate developers get rare access to big capital through Philadelphia program
Source: CNBC --- Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and...
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This Is What Gen Z and Millennials Are Looking For in Real Estate
Source: Yahoo Finance --- When it comes to real estate, millennials and Gen Zers share a lot more in common than the two generations may realize. GOBankingRates spoke with several real estate professionals to learn what millennials are seeking in real estate, what Gen...
The Great Sell-off has started in real estate
Source: Biz Journals --- It should not come as a surprise that the stubbornly high work-from-home percentage of workers is forcing large pension funds, private equity funds and institutional real estate investors to think twice about their portfolio of buildings.
THE STATE OF HOUSING SUPPLY: ‘NOT ENOUGH HOMES TO GO AROUND’
Source: Builder Online --- Economic uncertainty, inflation, and rising mortgage rates are clouding the picture for the U.S. housing market, which is also facing a structural deficit of both for-sale and rental homes. During the “Getting Serious About Housing Supply:...
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