Originally published on September 8, 2022 by ATTOM Staff for ATTOM.
ATTOM, a leading curator of real estate data nationwide for land and property data, today released its August 2022 U.S. Foreclosure Market Report, which shows there were a total of 34,501 U.S. properties with foreclosure filings — default notices, scheduled auctions, or bank repossessions — up 14 percent from a month ago and up 118 percent from a year ago.
Originally published on September 2, 2022, by Matt Day and Spencer Soper for Bloomberg.
Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm.
Originally published on September 9, 2022, by the Mortgage Banker's Association.
The ongoing tug of war between employers and employees about returning to the office will accelerate as pandemic-related impacts fade, according to a new Mortgage Bankers Association white paper.
Originally published on August 30, 2022 by Berkadia.
Berkadia’s 2022 Mid-Year Powerhouse Poll finds that overall, the multifamily market continues to experience increased demand despite rising rent and interest rates. Berkadia mortgage bankers and investment sales agents (80%) expect multifamily rental demand will continue to outpace supply for the remainder of 2022. The proprietary poll, conducted in July 2022, collected insights from 123 Berkadia investment sales agents and mortgage bankers across 65 offices to assess expected commercial real estate activity and opportunities for the second half of 2022 and beyond.
Originally published on August 30, 2022, by Michael Tucker for the Mortgage Banker's Association.
Office absorption remains negative even though office-using employment increased by 1.9% in the first half of the year, adding 635,000 jobs, reported Cushman & Wakefield, Chicago.
Originally published on August 30, 2022 by Michael Tucker for the Mortgage Banker's Association.
CBRE, Dallas, said it expects U.S. construction costs to jump 14.1 percent year-over-year by year-end due to pressures including labor shortages, inflation, supply chain disruptions, pandemic reverberations, and the war in Ukraine.
Originally published on August 30, 2022 by Berkadia.
Berkadia’s 2022 Mid-Year Powerhouse Poll finds that overall, the multifamily market continues to experience increased demand despite rising rent and interest rates. Berkadia mortgage bankers and investment sales agents (80%) expect multifamily rental demand will continue to outpace supply for the remainder of 2022. The proprietary poll, conducted in July 2022, collected insights from 123 Berkadia investment sales agents and mortgage bankers across 65 offices to assess expected commercial real estate activity and opportunities for the second half of 2022 and beyond.
Originally published on August 24, 2022, by Rachel Conner for the Realtor.com.
Driven by migration away from expensive city centers during the pandemic, the rental price advantage of living in the suburbs (vs. urban areas) has shrunk by 52.9% compared to three years ago, according to the Realtor.com® Monthly Rental Report released today. As the U.S. median rental price hit its latest all-time high in July ($1,879), a new survey from Avail (part of Realtor.com®) found that moving to a new rental has been costlier for renters, but there may be market cooling on the horizon as landlords adjust to renter budgets impacted by inflation.
Originally published on August 25, 2022, by Michael Tucker for Mortgage Banker's Association.
Despite the stock market turmoil, slowing venture capital funding and interest rate volatility, life science real estate remains well-positioned for future growth, said Newmark, New York.
Originally published on August 17, 2022, by the Urban Land Institute.
A long-term trend of housing underproduction exacerbated by rising inflation and economic uncertainty threatens home attainability for millions of people across the United States, according to the 2022 Home Attainability Index, a comprehensive new study from the Urban Land Institute’s (ULI) Terwilliger Center for Housing.
Originally published on August 23, 2022, by the Federal Housing Finance Agency.
The Federal Housing Finance Agency (FHFA) today announced its intent to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing (Committee).
Originally published on August 16, 2022, for NAIOP.
The industrial real estate market showed signs of slowing after an unprecedented expansion, according to the latest NAIOP Industrial Space Demand Forecast, released today.
Originally published on August 16, 2022, by Ally Braun for Redfin.
Nationwide, roughly 63,000 home-purchase agreements fell through in July, equal to 16.1% of homes that went under contract that month, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s the highest percentage on record with the exception of March and April 2020, when the onset of the coronavirus pandemic brought the housing market to a near standstill. It’s up from a revised rate of 15% one month earlier and 12.5% one year earlier.
Originally published on August 14, 2022, by Michael Tucker for the Mortgage Bankers Association.
U.S. hotel construction has declined for seven consecutive months, reported STR, Hendersonville, Tenn.
Originally published on August 11, 2022, for the Appraisal Foundation.
On August 11, 2022, The Appraisal Foundation’s Appraisal Standards Board (ASB) announced that the current edition of the Uniform Standards of Professional Appraisal Practice (USPAP) would be extended by one additional year. The 2020-2021 USPAP will now be effective until December 31, 2023.
Originally published on August 11, 2022, by Georgia Kromrei for HousingWire.com.
In a move the Federal Housing Finance Agency said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data.
Originally published on August 9, 2022, by the ATTOM Staff for ATTOM.
ATTOM, a leading curator of real estate data nationwide for land and property data, today released its July 2022 U.S. Foreclosure Market Report, which shows there were a total of 30,358 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 4 percent from a month ago but up 143 percent from a year ago.
Originally published on August 10, 2022 by Gail Kalinoski for CommercialSearch.com.
U.S. commercial real estate investment volume rose 10 percent year-over-year in the second quarter of 2022, to $167 billion, with industrial and logistics investments providing nearly $32 billion of the total and office $24 billion, according to a recent CBRE report. Trailing four-quarter volume totaled a record $881 billion.
Originally published on August 3, 2022, by Paul Bergeron for GlobeSt.com.
LaSalle is expecting a high-impact second half of 2022, according to its Mid-Year Update.
