Originally published on April 21, 2022, for YardiMatrix.
SANTA BARBARA, Calif., April 21, 2022 – The self storage sector stands in a strong position heading into prime leasing season, according to the latest Yardi® Matrix National Self Storage report. The overall national street rate for self storage remains unchanged from July 2021 at $145.
Originally published on April 21, 2022 by ATTOM Staff for ATTOM.
IRVINE, Calif. — April 21, 2022 — ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and distressed properties, today released its Q1 2022 U.S. Foreclosure Market Report, which shows a total of 78,271 U.S. properties with a foreclosure filing during the first quarter of 2022, up 39 percent from the previous quarter and up 132 percent from a year ago.
Originally published on April 21, 2022, by Michael Tucker for Mortgage Banker's Association.
CBRE, Dallas, reported investors plan to allocate more capital to healthcare real estate, highlighting rising confidence in the asset class.
Originally published on April 19, 2022 by MBA Newslink Staff for the Mortgage Banker's Association.
A study by a Mortgage Bankers Association-supported member network suggests an optimal mix of incentives and requirements could help policymakers avoid polarizing private sector and community stakeholder groups while working toward the goal of increasing affordable housing production.
Originally published on April 14, 2022 by the Federal Housing Finance Agency,
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today issued the FHFA Strategic Plan: Fiscal Years 2022-2026 (Strategic Plan). The Strategic Plan provides a framework that outlines the Agency’s priorities for the coming years as a regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises).
Originally published on April 12, 2022, by Michael Tucker for the Mortgage Banker's Association.
Digitalization, demographics and deglobalization will drive the industrial market growth in the near future, said Newmark, New York.
Originally published on April 7, 2022.
The Appraisal Institute on April 7 joined the National Association of Realtors and 17 other organizations in filing an Amicus Brief with the Supreme Court pertaining to a lower court ruling that would allow copyright infringement lawsuits to be filed against individuals, including appraisers, who make floor plans of a home.
Originally published on April 12, 2022, by Jack Roger for Globest.com.
Unibail-Rodamco-Westfield, Europe’s largest mall operator, is planning to exit the US market and sell its portfolio of US mall properties by the end of 2023, according to a report in The Wall Street Journal.
Originally published on April 13, 2022 by John Feeney for the Boulder Group.
Cap rates in the single-tenant net lease sector reached historic lows in all three asset classes during the first quarter, The Boulder Group reported April 7 in its Q1 2022 Net Lease Market Report. Cap rates compressed for the retail, office and industrial categories by 13, 10 and 17 basis points, respectively.
Originally published on April 4, 2022, by Mike Sorohan for the Mortgage Banker's Association.
The Federal Housing Administration on Friday published a proposed rule that would increase the maximum modification loan term limit from 360 months (30 years) to 480 months (40 years).
Originally published on April 7, 2022, by Chad Wandler for Freddic Mac.
MCLEAN, Va., April 07, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 4.72 percent.
Originally published on April 5, 2022, by Molly Boesel for CoreLogic.com.
Overall HPI Growth
Originally published on March 30, 2022, by Dees Stribling for BisNow National.
The sudden surge in the price of gas in the United States, up an average of more than 70 cents a gallon from a month ago, has had an adverse impact on retail foot traffic, Placer.ai reports.
Originally published on March 31, 2022, by Georgia Kromrei, for HousingWire.com.
Congress hopes to supplant the appraisal governing body at the center of the industry’s self-regulated framework and make public the trove of appraisal data held by the government-sponsored enterprises.
Originally published on March 5, 2022, by Freddie Mac.
Mortgage rates rose in the past week amid rising inflation and the expectation of strong demand for goods, Freddie Mac reported on March 31 in its Primary Mortgage Market Survey. While purchase demand has weakened slightly, it has continued to outperform expectations.
Originally published on March 30, 2022, by Diana Olick for the Mortgage Banker's Association and CNBC.
Total mortgage application volume decreased 6.8% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. This, as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 4.80% from 4.50%.
Originally published on March 23, 2022, by President Joseph R. Biden for the White House.
Following the release of the Property Appraisal and Valuation Equity Task Force Action Plan on appraisal bias, the Appraisal Institute on March 23 sent a letter to the White House stating that it looks forward to working with the Task Force to implement several of their regulatory initiatives and reiterating that the majority of appraisers strive to uphold high standards and maintain independence and objectivity in their work.
Originally published on March 22, 2022 by Michael Tucker for Mortgage Bankers Association.
After a challenging two years, the real estate industry again faces more uncertainty–and not just for the short term, a new report from the Urban Land Institute and PwC said.
Originally published on March 30, 2022 by the White House.
The Property Appraisal and Valuation Equity Task Force on March 23 published an Action Plan to address concerns about lower appraisals for properties owned by individuals of color. The Appraisal Institute provided input to the Task Force, whose Action Plan covers appraisal standards, diversity within the valuation profession, and reporting requirements for violations of federal law.
Originally published on March 30, 2022, by the Appraisal Institute
The Appraisal Institute Board of Directors on March 28 sent to 45-Day Notice proposed amendments to Bylaws, Regulation Nos. 1, 2, 3, and 8 and the Code of Professional Ethics. Read the 45-Day Notice (AI log in required).
