The National Multifamily Housing Council (NMHC), working with Enterprise Community Partners, has released a groundbreaking new resource for apartment firms, policymakers, community advocates and the public to explore ways that multifamily housing can be an even greater catalyst for creating more...
News Updates
HOME-MORTGAGE LENDING ACROSS U.S. FALLS TO MORE THAN 20-YEAR LOW IN FIRST QUARTER
Total Residential Loans Drop Another 19 Percent Quarterly to Lowest Point Since 2000;Refinance and Purchase Lending Decline Nearly 20 Percent Quarterly, With Refinancing Down 85 Percent Annually;Home-Equity Lending Decreases for Second Straight Quarter ATTOM, a leading curator of land, property,...
RENTAL RATE INCREASES TRAIL CPI AND WAGE GROWTH IN FIRST QUARTER OF 2023
Rental costs, a key component of the CPI, suggest further cooling in future inflation numbers The rate of monthly rental price increases for both single family rental properties and multifamily rental units trailed the consumer price index (CPI) and wage growth in the first quarter of 2023,...
32 PERCENT OF DISTRESSED PROPERTY BUYERS EXPECT HOME PRICES TO DECLINE IN 2023
Buyers still aggressive on acquisitions but shifting toward hold-for-rent strategy 77 percent of buyers are local community developers, owner-occupants doubled Auction.com, the nation’s leading distressed real estate marketplace, released its 2023 Buyer Insights report, which shows nearly...
Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget
Monthly housing payments hit a new record high this week as mortgage rates jumped, pricing out many homebuyers, especially those with limited budgets Housing payments hit a new high this week as mortgage rates jumped due to progress on a possible debt-ceiling deal. That’s according to a...
ZOMBIE FORECLOSURES KEEP INCREASING BUT REMAIN A TINY PRESENCE AROUND MOST OF U.S.
Count of Vacant Homes in Foreclosure Increases for Fifth Straight Quarter;Zombie Properties Comprise Largest Portion of All Homes Since Before COVID Pandemic;But Just One of Every 11,600 Residential Properties Nationwide Sits Empty in Foreclosure ATTOM, a leading curator of land, property,...
Rent. Introduces Aerial View for RentMarketplace. Listings
With the introduction of Google Maps Platform’s Aerial View, renters can now experience a captivating 3D cinematic perspective, offering a bird’s-eye view of a community Rent., a leading provider of integrated marketing solutions to the multi- and single-family rentals industry, announced a...
Redfin Reports There Are Only Four Major U.S. Metro Areas Where It’s Cheaper to Buy a Home Than Rent
Nationwide, the typical home costs an estimated 25% more per month to own than rent; However, buying is more affordable than renting in Detroit, Philadelphia, Cleveland and Houston. There are just four major U.S. metropolitan areas where it would be cheaper to buy than rent the typical home—that...
OPPORTUNITY ZONE HOME PRICE TRENDS MIXED IN FIRST QUARTER 2023, MATCHING PATTERNS NATIONWIDE
Median Home Values Decline in About Half of Zones Targeted for Economic Redevelopment; Trends Mostly Match Broader Nationwide Market Slowdown; But One Measure Shows Opportunity Zones Holding Up Slightly Better Than Other Local Markets ATTOM, a leading curator of land, property,...








