A report from Commercial Property Executive. "The expectation among many in the commercial real estate field is that commercial mortgage lenders are actively looking to make new loans, or refinance existing loans, at very low rates to match. This is…
A report from CNBC. "A surge in rental property evictions could have a domino effect on the broader housing market and economy, Tendayi Kapfidze, chief economist at LendingTree, told CNBC. 'This really could be catastrophic, and it extends beyond just…
A report from National Mortgage News. "While the COVID-19 pandemic continues to create financial uncertainty for all Americans, it's not too early to ask how mortgage lenders can help put the nation's economy back on track. One way is to…
A report from the Commercial Observer on New York. "The Real Estate Board of New York, the powerful real estate lobbying firm, laid off staff and slashed executives’ salaries because of a decrease in membership dues caused by the coronavirus…
A report from CNBC on New York. "The number of real estate contracts signed for Manhattan apartments plunged 84% in May compared with last year. The pain in Manhattan real estate will be felt most at the top — where…
It's Friday desk clearing time for this blogger. "It was already going to be a challenging spring in Manhattan, where prices are down about 20 percent from the peak in 2016 amid a glut of luxury condos. In a small…
A report from the Berkeley Newsroom. "Berkeley Haas Professors Nancy Wallace and Richard Stanton were some of the few voices to forewarn of the massive risk posed by shoddy practices in the mortgage industry prior to the 2008 financial crisis.…
A report from the Wall Street Journal. "U.S. home sales sputtered in January, the latest sign that some of the lowest interest rates in half a century are failing to offset the high prices and limited inventory keeping many buyers…
A weekend topic starting with two reports from the Wall Street Journal. "Builders are expected to complete some 371,000 new apartments in 2020, compared to 247,000 in 2019 and 119,000 in 2010, according to RealPage. The problem is that many…
It's Friday desk clearing time for this blogger. "'Brace yourself!' warned Judi Desiderio, the C.E.O. of Town and Country Real Estate, as a lead-in to her analysis, which showed a 44-percent decrease in overall home sales during the quarter. 'In…