U.S. Housing Market
Price Premium for New Construction Drops to Record Low
New build list prices declined in 30 of the nation’s 100 largest metros, with the steepest declines in the South. Continue Reading Price Premium for New Construction Drops to Record Low
Multifamily Developer Confidence Up Slightly During Q2
“Multifamily developer confidence and sentiment are showing slight signs of improvement when compared to this time last year,” said Debra Guerrero, chairman of NAHB’s Multifamily Council. Continue Reading Multifamily Developer Confidence Up Slightly During Q2
FHLB Cincinnati Debuts Hundred Homes Initiative
Eligible homebuyers must own and reside in a mobile home constructed prior to June 15, 1976. Continue Reading FHLB Cincinnati Debuts Hundred Homes Initiative
Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Generation Z accounted for 3% of all buyers. Continue Reading Report: Baby Boomers Are the Largest Generational Share of Homebuyers
San Diego Apartment Property Acquired for $45 Million
The property was built in 1976 and still in its original condition. Continue Reading San Diego Apartment Property Acquired for $45 Million
Zero-Down USDA Mortgages Aren’t Just for Farmers
Source: Yahoo Finance --- If you thought USDA loans were just for rural farmers, you wouldn't be the first person to make that mistake. After all, the program is available through the United States Department of Agriculture, and the Rural Development (RD) office...
Will the U.S. Economy fall into recession in 2023? Only if the Fed intensifies current tightening policies
Source: University of California --- The U.S. economy has little chance of falling into a recession this year or next unless the Federal Reserve raises interest rates more than they are currently projecting, according to a new forecast released yesterday at the 13th...
The most ‘underreported’ factor influencing housing market, according to Calculated Risk
Source: Deseret News --- Bill McBride, author of the economics blog Calculated Risk, said there’s a key reason why both rent and home price growth is slowing amid the U.S. housing correction playing out today. In a live Twitter Space hosted by Fortune Magazine on...
For Florida Real Estate That Survived Hurricane Ian, A Price Bump Awaits
Source: Forbes --- Even as Hurricane Ian's 155-mile-per-hour winds were leveling southwestern Florida, real estate agent Rick Pitts was selling the dream of waterfront living. As Ian made landfall, Pitts, the owner of Sellstate Excelsior Realty in Cape Coral, told his...
Churchill Provides $55 Million Loan on Moreno Valley Multifamily Project
Source: Real Estate Weekly--- Inland Empire based – Fairbrook Communities landed $55 million in construction financing from Churchill Real Estate for the development of Crystal Cove – a 192-unit multifamily project located on the southwest corner of Alessandro Blvd...
Housing bust or first to adjust? What’s actually happening in Boise, Idaho
Source: Deseret News --- At the height of the pandemic housing frenzy, Boise was not just discovered. It was flooded with buyers. That’s when housing market hawks first locked on to the Idaho metro for its eye-popping price increases. Since then, fascination with...
Is the US Housing Market in a “Free Fall?”
Source: OpticFlux --- One of the strongest economic sectors in the United States at the beginning of the pandemic was the housing market but, just like all other sectors, it appears that it’s now slowing down. The signs that this is the case have caused increased...
These regions have the most untapped real estate potential
Source: News Advocate --- Some regions of the U.S. have had hotter housing markets than others, but inflation and higher interest rates have caused a general cooling-off trend in real estate prices. Before the COVID-19 pandemic, homebuilders primarily focused on the...
How to Invest in Real Estate if You’re Not Rich
Source: Yahoo Finance --- Real estate investing can seem daunting. But it doesn’t have to be that way. If you want to invest in real estate with little money, there are four common ways you can start building your portfolio. Here’s a breakdown from the cheapest and...
United States: 10 Commercial Real Estate Market Trends & Predictions To Watch Out For In 2023
Source: Mondaq --- The annual Allen Matkins View From the Top brings together the top real estate economists, owners, investors, developers, and brokers in Western Region commercial real estate. Now in its 15th year, View From the Top remains a key source for market...
