by Jesse Williams | May 16, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Biden administration announced this morning a sprawling package of housing related initiatives, largely pulled from the failed “Build Back Better” bill that fizzled in Congress last winter, promising to boost supply, preserve existing affordable housing and...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
The road to profitability can be arduous, but Compass seems to be making up ground as the tech-focused brokerage saw higher earnings and modestly lower losses in the first three months of 2022. In its latest earnings report, the New York-based company showed that it...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Nearly one of every two mortgaged homes is considered “equity rich,” according to recent data from ATTOM Data Solutions, which released its Q1 2022 U.S. Home Equity & Underwater Report on Thursday. The report found that 44.9% of mortgaged residential properties in...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
The U.S. rental market is as competitive as it’s been in decades, and renters are facing a variety of challenges. High demand is keeping vacancy rates near all-time lows and pushing rents up almost as quickly as home prices. Recent reports show rent prices shot...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
The average U.S. asking rent rose $15 in April to an all-time record $1,659, with year-over-year growth moderating by 50 basis points but remaining high at 14.3%, according to the latest Yardi® Matrix Multifamily Report released this week. “Although there are a few...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
Commercial and multifamily mortgage loan originations increased 72% in the first quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. In...