Join more than 2,500 commercial and multifamily real estate finance professionals February 2-5 at The Hyatt Regency Orlando (formerly the Peabody Orlando) for four days of networking and relationship building. MBA's CREF/Multifamily Housing Convention & Expo 2014 is the only place that offers unrivaled access to key industry leaders, CEOs and expert panelists who discuss the latest industry trends, regulatory developments and strategies to succeed in today’s dynamic marketplace.
Saddled with legacy systems and burdened with changing regulations, the mortgage industry has been slow to adopt digitization compared to many other industries. Now, however, the industry must provide more transparency to regulators and satisfy consumers while managing tighter margins. In this perfect storm, there’s only one lifeboat — a digital process.
Has the Great Recession launched a new era of renting versus buying that will eventually result in a nation where more people rent their homes than purchase them? Or is the increase in renters these days due to an “over-correction” in the market? According to the latest “State of the Nation’s Housing” report from Harvard’s Joint Center for Housing Studies, the U.S., in less than a decade, lost all its homeownership gains of the last 20 years.
Armed with an overall measure of housing market performance relative to long-term trend; an accompanying metric explaining whether that market is overheated or not; and importantly a way to attribute deviations in home prices precisely to selected market variables, market participants would be in a better position to take precautionary actions to limit their exposure in highly volatile markets.