MBS worth $13 billion aren’t attractive at current higher interest rates. For months, the Federal Deposit Insurance Corporation, which had shut down such banks as Silicon Valley, Signature, and...
There are a lot of optimists, but a number of economists are suggesting that a recession is far from impossible. There’s been lots of happy talk about a so-called soft landing for the economy &...
Lack of retail development sends rents rising and tenants scrambling for space It’s hard to find an empty store in Orange County. The county’s retail vacancy rate fell to 4 percent this ...
Meanwhile deliveries are roaring ahead with the year expected to surge 51.1%. Demand continues to remain solid for the multifamily asset class as absorption in this year’s first half surged to ...
Six consecutive monthly gains drove prices up 5% from last February. Over the last year, from July 2022 to July of this year, home prices rose nationally by 2.5%. On a month-over-month basis, the h...
Bloomberg analyst Mike McGlone says there are hints that a severe contraction of the American economy is approaching. The commodities expert says on the social media platform X that data is showing a...
U.S. home price gains were up 2.5% year-over-year in July, according to new data from CoreLogic. This represented the 138th consecutive month of annual growth. The median nationwide sales price for a...
Commercial and multifamily mortgage delinquencies increased in the second quarter of 2023, the Mortage Banker Association (MBA) said Tuesday. MBA’s latest Commercial/Multifamily Delinquency Repo...
For the first time in decades, U.S. apartment rents are rapidly flattening and may soon turn negative while demand remains healthy and the economy continues to produce jobs, writes RealPage chief econ...
Consumer confidence and expectations have been trending down. Consumers play a major part in the economy — they provide about 68% of GDP — and they’ve had an important role in how t...
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