The federal REO Rental Initiative will cast more uncertainty over an already large shadow market.
Home Ownership Showing Gains
Home Financing Stays Tough
Las Vegas, Phoenix, and Miami have been lumped together as the poster children for distress, but each metro is climbing back up in its own way.
Renters and investors alike will find much to appreciate in the Garden State, which is enjoying accelerating job growth and other advantages as it emerges from the recession.
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The department will sell up to $10 billion of its portfolio each month.
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Even a great credit rating won’t exempt most home buyers from Fannie Mae’s and Freddie Mac’s updated risk fees.
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AIA report says GREEN Act could create or save as many as 140,000 design and construction jobs.
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NAHB’s David Crowe: ‘The builders who are here are the survivors.’
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When eight bidders were jockeying to get a slice of Corus’ assets back in September, there was hope that the transfer of the failed Chicago-based lender’s assets would set a bottom in some markets. But it doesn’t look like that will happen anytime soon.
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Starwood Capital and other investors now control properties that include 12,000 condo units.
Faced with plummeting prices and an exodus of investors, the market for low-income housing tax credits (LIHTCs) is at a historic nadir.
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Moody’s economist also says housing will not be ‘an early source of growth’ in this recovery.
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The latest annual report from the Joint Center for Housing Studies sees a market whose future growth is driven by young and immigrant buyers.
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It's been a little more than a week since the Treasury Department unveiled its plan to use a combination of private and public funds to take toxic assets off banks' balance sheets. Though there are still many unknowns as to how the program will operate, the multifamily industry is eager to tap into...
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The Mortgage Bankers Association (MBA) recently released a couple of different reports painting a more optimistic picture of the multifamily loan market than was previously believed.
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Even as a U.S. House of Representatives financial services subcommittee on capital markets plans a hearing on mark-to-market accounting rules this Thursday, the Securities and Exchange Commission will likely not suspend the controversial fair market accounting rule that has forced banks to write...
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Just three years ago, buying an asset was easy. Get 75 percent financed from a lender. Pull in an equity partner and mezzanine debt. Suddenly, you have an apartment with nearly no money down. In doing so, seasoned real estate and financial managers pulled the same shenanigans as Joe Subprime down...