Sunday, January 29, 2023

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.
MBA

MBA Statement on FHFA’s Enhancements to the GSEs’ Radon Standards for Multifamily Properties

National
MBA President and CEO Bob Broeksmit, CMB, released the following statement regarding the Federal Housing Finance
MBA

Total Commercial and Multifamily Borrowing and Lending Expected to Fall to $700 Billion in...

National
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion.

Sheikh Abdullatif Al Shelash Explains Why Investing in Saudi Real Estate Is a Smart...

National
Real estate development and mortgages are two investments in which Sheikh Abdullatif Al Shelash says he’s well versed. The Saudi Home Loans board member and partner in Alaqtar Real Estate Development Company shares that the Saudi real estate market is heating up and that mortgages in Saudi Arabia are just getting started.
NAR

Pending Home Sales Declined 4.6% in October

National
Pending home sales slid for the fifth consecutive month in October, according to the National Association of REALTORS®. Three of four U.S. regions recorded month-over-month decreases, and all four regions recorded year-over-year declines
MBA

Commercial and Multifamily Mortgage Delinquency Rates Remain Low in Third Quarter 2022

National
Commercial and multifamily mortgage delinquencies remained low in the third quarter of 2022, according to the Mortgage
NAHB

Single-Family Housing Contraction Continues in October

National
Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from deteriorating affordability conditions continue to act as a drag on single-family housing production.
Michael Alladawi, Revive CEO and founder

The Keyes Company and Revive team up to help home sellers

National
Revive, the most complete pre-sale home renovation solution, is partnering with the top independent and family-owned brokerage in Florida, The Keyes Company, to provide its agents with a team
OB Jacobi Windermere

Windermere teams with zavvie, offering tech-driven ways to buy and sell a home

National
The real estate market is shifting, and as it does, consumers are weighing new tech-driven ways to sell and buy their next home. While multiple offers can help maximize a seller’s profits and cash
MBA

Mortgage Application Payments Rise 3.7 Percent to $2,012 in October

National
Homebuyer affordability continued its downward trajectory in October, as the national median payment applied for by applicants increased 3.7 percent to $2,012 from $1,941 in September
HUD - U.S. Department of Housing and Urban Development

FEDERAL HOUSING ADMINISTRATION ANNUAL REPORT SHOWCASES CONTINUED LEADERSHIP IN AFFORDABLE HOME FINANCING AND STRENGTH...

National
Annual report to Congress highlights FHA’s leading role in supporting affordable home financing for first-time homebuyers
MBA

Commercial/Multifamily Borrowing Declines 13 Percent in Third-Quarter 2022

National
Commercial and multifamily mortgage loan originations decreased 13 percent in the third quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s

Freddie Mac Announces Underwriting Innovation to Help Lenders Qualify More Borrowers for a Mortgage

National
Freddie Mac (OTCQB: FMCC) will increase homeownership opportunities by including a review of a borrower’s bank account data to identify a history of positive monthly cash flow activity as part of its technology’s loan purchase eligibility assessments, the company announced today.
MBA

Mortgage Credit Availability Decreased in September

National
Mortgage credit availability decreased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
HUD - U.S. Department of Housing and Urban Development

HUD Releases Report Assessing Limited Supply of Small Mortgage Lending and Its Impact on...

National
The U.S. Department of Housing and Urban Development (HUD) today released a report that assesses the factors that limit the supply of small mortgage loans and the impact to affordable homeownership for those interested in lower-priced homes.
Milestones

InstaMortgage is First to Launch Milestones Homeownership Portals for Client Enrichment

National
Milestones (milestones.ai), the all-in-one homeowner portal making it easier for consumers to buy, move, sell, manage and access mortgage services for their home, is pleased to announce their partnership with InstaMortgage
Choosing A New Community

The Important Factors To Consider When Choosing A New Community

National
Buying a new home is an exciting endeavor, and you’ve probably researched the type of house you want. Although determining the type of house you want is essential, many people get carried
NAHB

Multifamily Starts Surge in August as Single-Family Production Remains Weak

National
High mortgage rates and building production bottlenecks continue to act as a drag on the single-family housing market even as overall housing starts posted a double-digit gain in August
MBA

MBA Statement on FHFA’s Announcement of a Comprehensive Review of the Federal Home Loan...

National
Bob Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the Federal
NAR

Pending Home Sales Slipped 1.0% in July

National
Pending home sales declined for the second consecutive month in July, and for the eighth time in the last nine months, according to the National Association of REALTOR. Three out of four major regions registered month-over-month decreases, though the

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

Words From Community Leaders: Rep. Sherrill’s 2023 Community Projects Federally Funded...

Representative Mikie Sherrill (NJ-11) secured funding for fourteen Community Projects she submitted on behalf of NJ-11 in the House Appropriations Committee Fiscal Year 2023 bill, which was signed into law in December.