America's National Flood Insurance Program (NFIP) is authorized to operate until 11:59 p.m. on March 14, 2025. To prevent a lapse in the program, Senator John Kennedy introduced a bill (S.824) on March 4, 2025, aiming to extend the NFIP's authorization. This bill is currently under consideration by the Senate Committee on Banking, Housing, and Urban Affairs. Historically, Congress has enacted multiple...
Image Portfolio manager discuses Cohen & Steers' recent entry into ETF...
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending March 7, 2025, U.S. mortgage applications saw an 11.2% increase compared to the previous week. The Market Composite Index, which measures mortgage loan application volume, rose 11.2% on a seasonally adjusted basis and 12% on an unadjusted basis from the prior week. The Refinance Index climbed 16%...
Shrink Expand REITs are well-positioned to capture growing carrier demand, analysts...
West Palm Beach Leads the Nation in All Cash Residential Purchases According to the Miami Association of Realtors, total home and condo sales in Palm Beach County saw a year-over-year increase in January 2025. Residential sales rose by 3.3%, climbing from 1,444 to 1,491 transactions. Single-family home sales experienced a 4.81% increase, rising from 811 to 850, while condo transactions saw a modest 1.3%...
New data from Redfin reveals that less than half (47%) of newly built apartments completed in Q3 2024 were rented within three months. This matches Q4 2023 for the lowest absorption rate on record, aside from the early pandemic period. Redfin's analysis is based on the U.S. Census Bureau's seasonally adjusted absorption rate data for unfurnished, unsubsidized, privately financed rental apartments in...
Residential mortgage demand surges 20% higher than last week Based on new data from Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage (FRM) averaged 6.63% as of March 6, 2025. Sam Khater "As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September," said Sam Khater, Freddie Mac's Chief...
Image REIT CEO succession is seen as one of the highest priorities for the board to...
According to CoreLogic's latest Loan Performance Insights Report for December 2024, 3.1% of all U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This figure remains unchanged from December 2023. The report also highlights the foreclosure inventory rate, which stood at 0.2% in December 2024, reflecting a 0.1% decrease from the previous year and...
Shrink Expand Health care REITs own a variety of types of health care-related real estate and collect rent from...
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