Monday, March 18, 2024

Archives

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees

National
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
NAHB

Builder Sentiment Rises Above Breakeven Point

National
A lack of existing inventory that continues to drive buyers to new home construction, coupled with strong demand and mortgage rates below last fall’s cycle peak helped push builder sentiment above a key marker in March.
MBA

Commercial and Multifamily Mortgage Debt Outstanding Increased in Fourth-Quarter 2023

National
The level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion (2.8 percent) higher than at the end of 2022, according to the Mortgage
NAHB

Single-Family Production Shows Signs of Stirring Across the Nation

National
Led by larger urban metro markets, single-family growth rates are showing signs of a turnaround as moderating mortgage rates and a lack of existing inventory are contributing to a gradual

Property Management Solutions for a Seamless Experience

National
Managing a property can be daunting in today’s fast-paced world. Property owners often find themselves overwhelmed with responsibilities, from handling maintenance requests to coordinating with tenants. Fortunately, St George property management services offer a comprehensive solution to streamline the process
MBA

Mortgage Application Payments Increased 3.8 Percent to $2,134 in January

National
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing to $2,134 from $2,055 in December. This is according to the
NAR

Pending Home Sales Receded 4.9% in January

National
Pending home sales in January dropped 4.9%, according to the National Association of REALTORS®. The Northeast and West posted monthly gains in transactions while the Midwest and South recorded losses. All four U.S. regions registered year-over-year
NAHB

Multifamily Housing Market Will Decline in 2024 while Remodeling Market Will Hold Steady

National
Multifamily starts are predicted to decline in 2024, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and will hold
MBA

Share of Mortgage Loans in Forbearance Decreases Slightly to 0.22% in January

National
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 0.23% of servicers’
NAR

Existing-Home Sales Rose 3.1% in January

National
Existing-home sales grew in January, according to the National Association of REALTORS®. Among the four major U.S. regions, sales accelerated in the Midwest, South and West, and remained steady in the Northeast. Year-over-year, sales improved in the
MBA

January New Home Purchase Mortgage Applications Increased 19.1 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2024 shows mortgage applications for new home purchases increased 19.1 percent compared from a
NAR

NAR Hosts Policy Forum to Address Challenges Facing Home Buyers

National
The National Association of Realtors® hosted a policy forum Thursday at the Mayflower Hotel in Washington, D.C. entitled American Dream Deferred: How Can We Keep Homeownership
NAHB

Housing Affordability Remains Near Historic Low Level

National
Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing affordability in the fourth quarter of 2023 virtually
MBA

Mortgage Credit Availability Increased in January

National
Mortgage credit availability increased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
U.S. Department of the Treasury

Testimony of Secretary of the Treasury Janet L. Yellen Before the Committee on Banking,...

National
Chairman Brown, Ranking Member Scott, and Members of the Committee: Thank you for inviting me to testify. Over the past three years, the Biden Administration has driven a historic recovery. GDP
NAR

More Than 85% of Metro Areas Registered Home Price Increases in Fourth Quarter of...

National
More than 85% of metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage rate dropped from 7.79% to 6.61%, according to
NAHB

New Home Sales Bounce Back in December on Lower Mortgage Rates

National
Falling interest rates in the closing weeks of 2023 helped to bring buyers off the sidelines and provide a boost for new home sales. Sales of newly built, single-family homes in December increased
Delta-economy-graphic-2024

Real estate leaders see housing, economy improving in 2024

National
Real estate brokerage leaders are once again bullish on housing and the economy in 2024, according to a the newest Delta Real Estate Leadership Survey of more than 130 brokerage leaders
MBA

Mortgage Application Payments Decreased 3.8 Percent to $2,055 in December

National
Homebuyer affordability improved in December, with the national median payment applied for by purchase applicants decreasing to $2,055 from $2,137 in November. This is according to the
NAR

Existing-Home Sales Slid 1.0% in December

National
Existing-home sales retreated in December, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slipped in the Midwest and South, rose in the West and were unchanged in the Northeast. All four regions

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

U.S. Senator Roger Marshall

Senator Marshalls Slams United Nations Climate Change Goals That Will Harm...

U.S. Senator Roger Marshall, M.D. released the following statement on the United Nations Net-Zero Banking Alliance’s (NZBA) decision to dramatically expand their Green New Deal