Experts expect good year for apartment industry

After recording good real estate data in 2011, apartment industry experts are expecting to see similar trends during the new year, Multi-Housing News reports.
After recording good real estate data in 2011, apartment industry experts are expecting to see similar trends during the new year, Multi-Housing News reports. [More]


Report: Community banks gaining edge in mortgage lending market

With many major banks and lenders feeling the strains of increased regulatory actions implemented on them by the federal government stemming from the subprime mortgage crisis, a new report states community banks stand to benefit in terms of mortgage lending.
With many major banks and lenders feeling the strains of increased regulatory actions implemented on them by the federal government stemming from the subprime mortgage crisis, a new report states community banks stand to benefit in terms of mortgage lending. [More]


FHFA extends ULDD implementation deadlines for Fannie, Freddie

The Federal Housing Finance Agency has postponed the implementation of the Uniform Loan Delivery Dataset (ULDD), part of the Uniform Mortgage Data Program that the agency has been working on since May 2010.
The Federal Housing Finance Agency has postponed the implementation of the Uniform Loan Delivery Dataset (ULDD), part of the Uniform Mortgage Data Program that the agency has been working on since May 2010. [More]


Using GSE funds to cover tax cuts a problematic notion

Housing industry stakeholders were recently concerned over proposals to pay for a long-term payroll tax cut by increasing guarantee fees charged by Fannie Mae and Freddie Mac, which would increase the cost to mortgage lenders each time one of the entities bought a loan.
Housing industry stakeholders were recently concerned over proposals to pay for a long-term payroll tax cut by increasing guarantee fees charged by Fannie Mae and Freddie Mac, which would increase the cost to mortgage lenders each time one of the entities bought a loan. [More]


Seller sentiment low amid strong buyer interest

Consumer attitudes toward selling a home have taken a significant downturn in recent years, according to a study released by the Mortgage Bankers Association (MBA).
Consumer attitudes toward selling a home have taken a significant downturn in recent years, according to a study released by the Mortgage Bankers Association (MBA). [More]


Homes sales rise in November

Construction began on a seasonally-adjusted rate of 685,000 new single-family home and apartment units in November, according to the U.S. Commerce Department.
Construction began on a seasonally-adjusted rate of 685,000 new single-family home and apartment units in November, according to the U.S. Commerce Department. [More]


Housing market index improves, especially in Northeast

The National Association of Home Builders (NAHB) Housing Market Index (HMI) for December indicates builder confidence in newly constructed single-family homes increased for the third consecutive month as the index reached its highest point since May 2010.
The National Association of Home Builders (NAHB) Housing Market Index (HMI) for December indicates builder confidence in newly constructed single-family homes increased for the third consecutive month as the index reached its highest point since May 2010. [More]


Multifamily lending trends changing

Overall commercial real estate transaction volume has been increasing since hitting a low point in October 2009, due diligence firm executive Joe Derhake recently wrote in GlobeSt.com.
Overall commercial real estate transaction volume has been increasing since hitting a low point in October 2009, due diligence firm executive Joe Derhake recently wrote in GlobeSt.com. [More]


BOMA finds rents compressed, some growth

A report from the Building Owners and Managers Association (BOMA) indicates few commercial real estate markets experienced rent increases during 2010.
A report from the Building Owners and Managers Association (BOMA) indicates few commercial real estate markets experienced rent increases during 2010. [More]


San Jose multifamily sector strongest in region

A report from Marcus & Millichap Research Services found the San Jose Metropolitan area has the tightest apartment market in the nation, the San Jose Business Journal reports.
A report from Marcus & Millichap Research Services found the San Jose Metropolitan area has the tightest apartment market in the nation, the San Jose Business Journal reports. [More]