Greater rate stability and clearer pricing expectations helped bring borrowers and lenders back to the market, supporting increased refinancing and acquisition activity throughout the year. https://t.co/PYfr1k9897
Commercial and multifamily mortgage lending maintained its upward trajectory in the second quarter as improving capital markets and stronger transaction activity supported higher origination https://t.co/OVHQa73AnP
Marked by tariffs, war in Iran, surging oil prices, questions around AI investment, a shaky employment picture, and broader uncertainty, has altered how capital moves through the market.
https://t.co/y7RqwRk2Z3
The breach at SitusAMC, a Houston-based provider of technology and services for real estate lenders, has sent ripples through Wall Street’s risk management teams.
https://t.co/zXQ16p7HTH
Billions of dollars sit on the sidelines, poised to reshape the commercial real estate landscape—if only the right moment would arrive. The ten largest commercial real estate funds currently hold a staggering $46.4 billion in dry powder.
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People who already own their home are effectively locked into their property after refinancing or getting a mortgage during the pandemic when ultra-low rates were available.
https://t.co/Gw0etHWZhe
A new analysis from https://t.co/nYMs7H6E4U finds that in 22 states and Washington, DC, buyers need a six-figure household income to afford a typical median-priced home.
https://t.co/rREAHc9Qcv
The U.S. Supreme Court has declined to hear an appeal of a lower court’s ruling upholding New York City’s rent stabilization law. But the decision left open the possibility that a challenge to rent control eventually may be heard.
https://t.co/Zk1dUQYynq
The gap between the top markets – generally Midwest cities with little supply growth – and bottom markets – generally Southern cities with aggressive supply growth – is narrower than usual.
https://t.co/65hlYZVD2c
Although the rental market is cooling, evictions have risen, and we have the highest homeless numbers on record as a country. As a result, the need for rental assistance appears to be greater than ever before.
https://t.co/SWl0LyWcL5
As a result of high prices and low inventory, home sales dropped to their lowest level since 1995, down 19% from the year before. This follows an 18% drop in home sales from 2021 to 2022.
https://t.co/Fa51GMy8rh
Rising #mortgagerates chipped away at #housing affordability throughout 2022 by discouraging sellers. Those looking to purchase are finding fewer options, with one in seven homeowners waiting to sell because they would have to pay…https://t.co/otE7d2lZkS https://t.co/DOI2ZTRluE
The failure of Silicon Valley Bank followed by JPMorgan Chase’s takeover of First Republic Bank have continued to spook investors. Some 90% of women surveyed said concerns over the #banking system would continue to have some impact…https://t.co/3PeAi1BCv4 https://t.co/PWnRM0IIsm
First-time homebuying plummeted over the last year due to the increased cost of homeownership. Between March 2022 and March 2023, #payments on the median-priced home shot up from $2,500 to $3,000 as the annual interest rate on 30-y…https://t.co/YGoT7pYypo https://t.co/SM8AzWKH7i