The Census Bureau’s new residential construction report for April showed continued high levels of multifamily housing construction permit issuance and unit starts, but unit completions declined, resulting in another increase in the number of units under construction. Note […]
The “Week 45” edition of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments has grown since we last reported on this survey. What is the Pulse Survey? The […]
Confidence in the market for new multifamily housing turned downward in the first quarter of 2022, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). […]
Fannie Mae’s latest economic forecast calls for lower GDP growth and higher inflation in 2022 than in earlier forecasts. Their new housing forecast predicts multifamily housing starts to be higher in 2022 but lower in […]
The latest report by the U.S. Department of the Treasury states that, as of the end of March, 74 percent of the $25 billion in emergency rental assistance funds allocated under the Consolidated Appropriations Act, 2021 had […]
A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgages originations in Q1 were up sharply on a year-over-year basis. Tracking multifamily mortgage originations The first chart, below, shows the quarterly origination volume indices since […]
Hispanics and parents are doing the best. Nearly 80% of U.S. adults report that they’re either doing “OK” or “living comfortably,” according to a new survey by the Federal Reserve Board. It looked at the […]
It’s all due to the ongoing appeal of remote work The most popular market in the United States this year, says online real estate brokerage firm Zillow, is a suburb outside of Seattle, Woodinville, where […]
IMBs reported a net gain of $223 per originated loan in 1Q 2022, down from $1,099 per loan in the previous quarter. KEY TAKEAWAYS Average pre-tax production profit was 5 basis points (bps) in the […]
Redfin reports soaring mortgage rates cause sales drop. The housing market saw a 8% year-over-year decline in home sales, the biggest drop since June 2020, which allowed white-hot home-price growth to cool slightly, reports online […]
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