Tag: Blog
MBA: commercial mortgage delinquency rates on the rise
A recent report from the Mortgage Bankers’ Association (MBA) states that commercial and multifamily mortgage delinquency rates have been rising for the last two...
Fed keeps interest rate trajectory unchanged
The economic projections released by the Federal Open Market Committee (FOMC) after this week’s meeting indicate that they expect the interest rate trajectory to...
GSEs dominate growth in multifamily mortgage debt in Q4
The Mortgage Bankers Association (MBA) reported that multifamily mortgage debt outstanding rose by $38.88 billion in Q4 from the revised level of the quarter...
Multifamily starts rise as completions fall
The Census Bureau’s report on new residential construction stated that multifamily permits fell, multifamily starts rose and multifamily completions plunged. It also reported rising...
Higher construction materials prices coming
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.1 percent month-over-month in February...
EPA to revise WOTUS rule
EPA, along with the U.S. Army Corps of Engineers, announced new guidance on what qualifies as “waters of the United States” (WOTUS) in light...
NAHB honors the best in multifamily and SFR
Since 1990, the National Association of Homebuilders (NAHB) has sponsored the Pillars of the Industry Awards to recognize excellence in apartment and condominium design and development...
Sharp rise in real estate job openings as leasing season approaches
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in January...
Property manager jobs continue to increase
The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated that the economy experienced modest overall employment growth in February. The employment...
CoStar: multifamily property prices fall as transactions plunges
CoStar reported that its value-weighted index of multifamily property prices fell 0.8 percent month-over-month in January, a setback after four months of reported increases....
Multifamily CMBS delinquency rate declines
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans fell in February. It had been trending higher since last April....
HUD terminates Obama’s AFFH, again
The U.S. Department of Housing and Urban Development has, for a second time, cancelled the 2015 Affirmatively Furthering Fair Housing (AFFH) rule, originally launched...
Multifamily construction spending continues to fall in January
The Census Bureau’s report on construction spending said that multifamily construction spending in January was down 0.74 percent from the revised level of the...
MSCI: Multifamily property prices show positive trend
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were up 0.7 percent month-over-month in January from...
SFR rents rise, but slowly
CoreLogic reported that their single-family rent index (SFRI) for December rose 1.8 percent from its year-earlier level. This is down 0.4 percentage points from...
