Positive commercial growth expected in 2012

According to a report, the number of commercial real estate investments saw a sharp increase during 2011, said the most recent Jones Lang LaSalle's Capital Markets Outlook.
According to a report, the number of commercial real estate investments saw a sharp increase during 2011, said the most recent Jones Lang LaSalle's Capital Markets Outlook. [More]


Texas economy, housing market continues to improve

The local economy in Texas is expected to yet again outpace national averages during the new year, says the Real Estate Center at Texas A&M University.
The local economy in Texas is expected to yet again outpace national averages during the new year, says the Real Estate Center at Texas A&M University. [More]


Fed says more help needed for housing market recovery

The Federal Reserve has sent a 26-page white paper to Congress, which states several ways in which the government can help advance the recovery of the real estate market and overall economy.
The Federal Reserve has sent a 26-page white paper to Congress, which states several ways in which the government can help advance the recovery of the real estate market and overall economy. [More]


Ohio lawmaker writes OCC regarding abandoned foreclosure regulations

On January 3, Ohio Senator Sherrod Brown sent a letter to the Office of the Comptroller of the Currency asking the agency to review its rules about how banks should deal with homes abandoned before the foreclosure process begins.
On January 3, Ohio Senator Sherrod Brown sent a letter to the Office of the Comptroller of the Currency asking the agency to review its rules about how banks should deal with homes abandoned before the foreclosure process begins. [More]


Obama bypasses Senate, appoints Cordray as CFPB director

The White House has recently announced that it will appoint Richard Cordray as director of the Consumer Financial Protection Bureau, despite the block of his nomination by Republican senators earlier in December.
The White House has recently announced that it will appoint Richard Cordray as director of the Consumer Financial Protection Bureau, despite the block of his nomination by Republican senators earlier in December. [More]


Affordable mortgage rates may do little to spur homebuyers in 2012

According to a group of industry experts, affordable mortgage rates in 2012 may to little to increase home purchase demands, HousingWire reports.
According to a group of industry experts, affordable mortgage rates in 2012 may to little to increase home purchase demands, HousingWire reports. [More]


Mortgage activity low during final weeks of 2011

A considerable decline in mortgage application activity was recorded by the Mortgage Bankers Association during the final two weeks of 2011, despite loan rates remaining just above historic lows.
A considerable decline in mortgage application activity was recorded by the Mortgage Bankers Association during the final two weeks of 2011, despite loan rates remaining just above historic lows. [More]


Commercial real estate growth expected to be slow but steady this year

A recent report from Grubb & Ellis Company anticipates another year of slow, but steady commercial real estate growth during 2012.
A recent report from Grubb & Ellis Company anticipates another year of slow, but steady commercial real estate growth during 2012. [More]


November construction spending sees increase

According to the Department of Commerce, construction spending increased in November on a month-over-month basis.
According to the Department of Commerce, construction spending increased in November on a month-over-month basis. [More]


Home prices approach 2001 values

A statement made by the chairman of Standard & Poor's index committee indicated that home prices are now back to levels seen in 2001.
A statement made by the chairman of Standard & Poor's index committee indicated that home prices are now back to levels seen in 2001. [More]