Home buyers are having difficulty gauging opportunities to save on a property purchase as mortgage rates become more volatile. The average for the 30-year fixed-rate mortgage swung above 5% again this week, clocking in at […]
Columnist Lew Sichelman sheds light on the latest issue that could bleed into the apartment sector. No doubt you’ve heard of the three-card monte, a confidence game in which the players are tricked into betting […]
The multifamily market shows signs of softening, driven by the economic deceleration, but rents gained another $19 in June, according to Yardi Matrix. The U.S. multifamily market posted in June the fourth consecutive month with […]
As expected, the Federal Reserve has increased its federal-funds rate by three-quarters of a percent Wednesday. The increase has many in the multifamily industry discussing the likely impact on apartment development and investment. Given the multifamily sector’s […]
A new study commissioned by the National Multifamily Housing Council and National Apartment Association reveals the U.S. needs to build 4.3 million new apartments by 2035 to address demand, deficit and affordability. The data features as estimate of future […]
The Women’s Council of REALTORS(R) wants to inspire more women to take on leadership roles in the real estate industry through its Supporting Women of Real Estate grants, which provide local and state REALTOR(R) associations […]
Affordability challenges mount as market rebalancing accelerates, especially in expensive markets Monthly payments on a typical mortgage are more than 75% higher than they were in June 2019. Less-expensive metros are seeing the smallest declines in […]
After weeks of steady gains, mortgage rates have fallen rapidly in the past week, meaning homes are suddenly much more affordable. The 30-year fixed-rate mortgage averaged 5.3% in the week ending July 7, according to the latest […]
With interest rates and inflation both on the rise, the US housing market has recently taken a hit. In fact, the cost of buying a home jumped more than 20% this April compared to the same month […]
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery […]
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