The four major sectors of the commercial real estate market are likely to see improvement over the next two years, according to a forecast presented at a commercial real estate forum at the National Association of Realtors Midyear Legislative Meetings & Trade Expo. NAR chief economist David Lereah said that although there are some uncertainties that could potentially affect the major commercial sectors -- office, retail, industrial and multifamily -- on balance the fundamentals are improving. "We've seen a strengthening in the job market, capital has been flowing back into commercial real estate at record levels, the modest rise in interest rates in not [affecting] long-term investment, and there's been a healthy restocking of business inventories," he said.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25