According to a recent study by the National Association of Home Builders (NAHB), a $1,000 increase in the cost of a median-priced newly-built home pushes 127,560 prospective buyers out of the market. In other words, based on their incomes, these households would be able to qualify for a mortgage to purchase the home before the price increase, but not afterward
Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Mortgage applications increased 23.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 4, 2019. This week's results include an adjustment for the New Year's Day holiday.
The Mortgage Bankers Association has released its third quarter of 2018 Commercial/Multifamily DataBook. Members of the media may download the DataBook directly here. The general public may download the report for free here.
As residential appraisers face new concerns, the Appraisal Institute continues spending significant time and resources on the issues and challenges impacting valuation professionals, according to an article in Valuation magazine’s fourth quarter 2018 issue
KTGY Principal Bill Ramsey to Spearhead Mountain States Expansion of the Firm’s For-Sale Residential...
KTGY Architecture + Planning announced today that Principal Bill Ramsey, AIA, NCARB, is leading an expansion of KTGY’s for-sale residential practice. Based in the firm’s Denver office, Ramsey will manage an architecture and planning team dedicated to expanding design services for new for-sale residential developments in Colorado and the surrounding states.
Urban Housing Communities (UHC) is pleased to announce the completion and opening of our latest affordable housing development: Crossings on Aston. Located at 706 Aston Ave in Santa Rosa, California, this new 27-unit building furthers UHC’s commitment to bring affordable workforce housing to families in California earning between 30% and 60% of the area’s median income
Cap rates in the single tenant net lease retail sector remained unchanged (6.25 percent) in the fourth quarter of 2018 when compared to the prior quarter. Cap rates for the office and industrial
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Dollar General located at 4374 Highway 1 in Marksville, Louisiana for $1,185,000.
The Real Estate Standards Organization, or RESO, announced today the results of its Board of Directors election, appointments of directors, and its 2019 Officers.
One of the most cost-effective methods of updating a hotel or resort is to invest in measures that will either decrease energy usage or lower their demand for power from an external grid. So, what are the most effective ways in which a hotel can renovate and remodel their complex to be more eco-friendly and energy efficient?
The Boulder Group releases its 4th Quarter 2018 Net Lease Research Report. The report provides comprehensive numbers and analysis of the net lease property market. Cap rates for the net leased retail properties remained at prior quarter's level (6.25%)
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a 15,944-square-foot, new construction, five-tenant retail pad building shadow-anchored by a new Fresh Thyme Market located in a St. Louis suburb. The sale price was $8,225,000.
After three successive quarterly increases, retail net lease cap rates were flat in 4Q 2018, ending the year at 6.25 percent, according to a new report from Wilmette, IL-based The Boulder Group.
Cap rates in the single tenant net lease retail sector were flat in the fourth quarter of 2018 compared to the previous quarter, but 95 percent of active net lease participants expect cap rates