Landlords may have more leeway to raise rents next year because apartment construction is slowing, which could eventually lead to more renters than vacant units The median U.S. asking rent rose 0.4% year over year to $1,607 in February—the first increase in six months and the biggest in nine...
Pessimism Toward Mortgage Rates and Personal Financial Situations Grows The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 1.8 points in February to 71.6, driven largely by consumers' increased pessimism that mortgage rates will go down in the next year. The share of...
Will Support Luxury Single-Family Homes, Brokers, and Mortgage Loan Originators Nationwide Flatiron Realty Capital, LLC ("Flatiron"), a leading private equity firm specializing in real estate lending, announced the successful closing of $1 billion in total credit facilities. These facilities are...
As our nation continues to grapple with a significant housing shortage, the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) sent a letter to the White House requesting a thorough review of 32 federal programs, rules and regulations at 10 different agencies. The...
Figure’s DART system, a blockchain-based lien registry, adds Goldman Sachs, Jefferies, Deutsche Bank, and over half of the Top 20 Independent Mortgage Banks Figure Technology Solutions (“Figure”), a technology platform powering a more efficient and liquid marketplace for financial products,...
Prices continue to increase, but at a slower pace, as the industry braces for the impact of potential tariffs on imported goods and materials. The cost of home repairs and remodeling in the third quarter of 2024 continued to increase, rising by 3.65% from the fourth quarter of 2023, and 0.83% from...
Atlanta, Las Vegas, Houston and parts of Florida are seeing the highest share of deals falling through, with supply piling up in those areas. Los Angeles is among the metro areas with the biggest increase in canceled sales, due largely to January’s devastating wildfires Just over 41,000 U.S....
Record price growth, new in-demand features and a rise in virtual home touring mark the past five years in the housing market U.S. home values are up 45% since the start of the pandemic five years ago. Home values and rents shot up most significantly in Miami. There are nearly a million more $1...
Invitation Homes Inc. announced the promotion of Timothy J. Lobner to Executive Vice President and Chief Operating Officer, effective March 2. Charles D. Young will continue in the role of President. “We are extremely pleased to expand the role Tim plays in the organization and at the same time...
