Economy

Anticipated population growth has multifamily investors spending more on apartment buildings despite sales volume dropping by 50% for the first half of 2020, compared to the year-ago period, in Miami-Dade and Broward.

As bidding wars raged on and mortgage rates remained near historic lows, housing market confidence grew in August, according to Fannie Mae.

The Federal Housing Finance Agency's proposal could undermine the companies’ mission to support the housing market and penalize consumers in underserved communities, industry and consumer groups say.

The median sale price for a home in the Capital Region continues to increase, showing a 5% jump in July, compared with a year ago, and $6,500 from June to July.

While employment typically ebbs as home buying slows in the fall, several nonbanks have ambitious hiring plans in the works, which call for them to add thousands of workers by year-end.

Today there are 1 million fewer Americans in forbearance than there were at the peak in May, according to Black Knight.

When it comes to branch cleanliness and mask-wearing, the San Francisco bank is more diligent than its rivals in helping to reduce the spread of coronavirus, according to a new study.

Leslie DeLuca has been a real estate agent in Monterey County, Calif., for 20 years and thought she'd seen every fluctuation of the market.

But federal elections and the pandemic make projections on the sustainability of industry profitability especially tricky.

The lightning-ignited Hennessey Fire destroyed 254 single-family homes in Napa County, Calif., making it one of the most destructive in county history, Cal Fire reported.

In a summer surprise, home values continued an upward surge again last month in the Sacramento region despite the ongoing economic turbulence caused by the coronavirus pandemic.

Following its deadline for written comments on the topic last month, the Federal Housing Finance Agency is scheduling events that will focus on two key themes emerging in responses.

Neither side opted to invoke their Aug. 31 termination rights and the deal is set to close by the end of September.

America's real estate meccas aren't what they used to be as COVID-19 revives U.S. mobility.

Mortgage subsidies introduced in Russia this year to stimulate the economy have fueled a surge in apartment prices even after incomes plunged by the most since 1998.

Montana real estate is a hot commodity. From east to west, north to south, homes and land are, more often than not, sold within days.

Arch's second CRT transaction this year to obtain indemnity reinsurance for mortgage-insurance premiums comes at a time it is also experiencing rising 60-plus-day delinquencies on its outstanding securitized pools.

Also: NMN analyzes political donations from the industry, foreclosure and eviction ban extended to year's end.

A Quincy, Mass., real estate broker pleaded not guilty to nine charges, including money laundering and forgery, for what prosecutors say is the theft of $800,000 from deposit checks.

Blackstone Group, which led Wall Street's initial foray into the single-family rental business, is making a new investment in suburban houses at a time when the COVID-19 pandemic is pressuring traditional commercial real estate.