Fannie Mae released a commentary last week indicating that it expects a recession in 2024, with a rebound coming the following year. The combination of employment gains and a deceleration…

Orphe Divounguy of Zillow starts this week by reporting that new housing starts and permits barely increased in October as builders remain cautious amidst high-interest rates. Housing permits issued in…

Redfin released its monthly data showing that nationwide rents remained flat in October, sitting at $1,978, a year-over-year drop of 0.3%. This is down 3.7% from the $2,054 record-high set…

A federal jury in Kansas City last week in the Sitzer/Burnett case found the National Association of Realtors (NAR) and other national brokers guilty of “colluding to inflate real estate…

The White House last week announced several initiatives to encourage more office-to-residential conversions across the country. Here are some of the highlights from the announcement: The Department of Transportation (DOT)…

Ana Teresa Solá of CNBC reports now that the average 30-year fixed mortgage rate hit 8% for the first time since 2000. Now, the typical homebuyer must earn $114,627 to…

Mark Heschmeyer of CoStar opens us up this week, outlining that distress in the office market is starting to trickle into bank portfolios. The CFO of PNC, for instance, noted…

Alicia Wallace of CNN starts this week with commentary on the unusually strong jobs report. The economy added 336,000 jobs in September, well above the expectation of 170,000 jobs. Further,…

Matthew Rothstein of Bisnow reports on the regional bank pullback from commercial loans in Q2, which is the lowest volume observed since record-keeping began in 2011. Further, loan extensions have…