A report from the Wall Street Journal. "The federal agency that insures mortgages for first-time home buyers is tightening its standards, concerned it is allowing too many risky loans to be extended. The Federal Housing Administration told lenders this month…
A report from the Union Tribune in California. "San Diego County had the second-most home price reductions in the nation so far in 2019, said Trulia. San Diego County hasn’t seen as many cutbacks since 2014 when the market was…
A weekend topic starting with National Real Estate Inventor. "The average cap rate in the multifamily sector remained flat at 5.4 percent in the fourth quarter, after falling in previous quarters, according to Barbara Byrne Denham, a senior economist at…
A report from the Buffalo News in New York. "The Monarch 716 student-housing complex that was seized by the lender in a foreclosure last year will be going on the block next month to satisfy the $44 million debt that…
A report from the Red Hook Star Revue in New York. "'I think in the rental market the prices have definitely come down – I would say 20% from what the rents were historically in Red Hook, Cobble Hill and…
A report from Commercial Property Executive. "An inverted yield curve and forecasts of a dropoff in job growth are among the signals that the industry’s long, great ride may soon be ending, says economist Hugh Kelly. Lenders have generally been…
A weekend topic starting with RE Business Online. "The multifamily sector is like the Energizer Bunny, says Jamie Woodwell, vice president of commercial and multifamily research for the Mortgage Bankers Association (MBA). Although 600,000 units are currently under construction nationally…
From WGLT on Illinois. "For years, Illinois State University has been knocking down old dorms and nudging its sophomores, junior, and seniors into off-campus apartments. Developers and landlords looking to make a buck responded by building more and more apartment…
A report from the Wall Street Journal. "A strong economy helped lift commercial real-estate sales to near-record levels last year, and many investors are counting on low interest rates to keep sales going in 2019. Now the Federal Reserve’s announcement…
A report from Bisnow on Washington. "Nationally, economists are almost unanimously expecting and preparing for the next recession. But here in Seattle, we may do a bit better than the rest of the world thanks to the focus on technology…