Real Estate

Real estate development, sales, and market trends.

ARTICLES

  • ATTOM: Foreclosure activity falls to 13-year low

    YOY foreclosure filings decline for 6th consecutive month
    Foreclosure activity has reached its lowest point since 2005, falling 8% from the previous year, according to ATTOM Data Solutions. Foreclosure filings – which include default notices, scheduled auctions and bank repossessions – were reported on 624,753 properties in 2018, down 78% from their 2010 peak of 2.9 million.
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  • Harvard: Home remodeling will slow down significantly by year's end

    After a strong run, home improvement activity to return to average
    Home improvement and repair activity is going to slow considerably by the end of 2019, according to the Joint Center for Housing Studies of Harvard University. Flat home sales, slowing home-price growth and rising rates will bring spending back to average levels in the year ahead.
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  • Veros predicts home price growth will weaken in 2019

    Housing supply and interest rates play a role
    The latest VeroFORECAST from valuations provider Veros Real Estate Solutions predicts an average appreciation of 3.9% over the next year in the 100 most populous markets surveyed – down from the 4.5% predicted last quarter as the company foresees "a definite slowing down of most markets."
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  • Goldman Sachs invests $15 million for supportive housing in New Jersey

    Partners with New Jersey Community Capital
    Aiming to provide housing options for the state’s “most vulnerable populations,” Goldman Sachs is partnering with New Jersey Community Capital to provide $15 million to be used for supportive housing in the Garden State. Supportive housing is an affordable housing option that also provides services like job training and placement to its residents.
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  • Freddie Mac just had its biggest year ever in multifamily

    Multifamily support hits all-time high
    We already knew that Freddie Mac set an all-time record for multifamily security issuance in 2018, so it probably shouldn’t come as a surprise that 2018 was the government-sponsored enterprise’s best overall year ever in multifamily. Here are more details about how the GSE got there.
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  • Tesla exec to lead operations at Roofstock

    Fiona Taylor named VP of operations at rental giant
    Single-family rental giant Roofstock has hired Fiona Taylor as vice president of operations. Taylor previously served as senior director of Business Operations and Customer Service at Tesla, is well-versed in helping companies on the brink of extreme growth.
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  • Federal Reserve says student debt has hampered housing market

    Links rise in debt to drop in homeownership and urban exodus among younger set
    Student debt has impacted the housing decisions of young Americans, the Federal Reserve said, delaying homeownership and prompting a significant number of college grads to move away from rural areas. Researchers estimated that 400,000 borrowers who could have purchased a house didn’t because of their debt.
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