Here’s why the Housing Market is Hurting so much this Summer
cnbc.com
Pending home sales in June, a measure of signed contracts on existing homes, fell 5.4% from May. Homebuilder sentiment, meanwhile, fell to the lowest level in almost a year.
New Home Sales Edge Higher as Affordability Challenges Persist
NAHB.com
Builder Affordability challenges continued to weigh on the new-home market in June, as elevated mortgage rates, rising inflation and broader economic uncertainty kept many prospective buyers on the sidelines, though sales of newly built single-family home rose 1.6% in June.
Mortgage Rates are Rising again, but Homebuyers are Seeing some Advantages
Cnbc.com
Mortgage rates continued their climb last week, but homebuyers trickled back into the market, perhaps taking advantage of less competition and some price cuts.
Deep Pockets, Sharper Pencils: Capital Crowds into Chicago Industrial
rejournals.com
When 50 S. Fairbanks traded earlier this year, the building carried no investment-grade tenant and no single-tenant profile to reassure buyers. What it offered was a shallow-bay, multi-tenant layout in an infill location that would be nearly impossible to replicate. It sold for a record price per square foot.
MISMO Publishes White Paper, Roadmap for Scaling Digital Mortgage Adoption Through eClosing
MBA.org
MISMO®, the real estate finance industry’s standards organization, recently released a new white paper, “From Paper to Performance: How eNotes and eClosing Streamline Liquidity.” The paper provides guidance for originators, warehouse lenders, investors, and technology providers to implement digital mortgage solutions.
