This is the most difficult time for obtaining financing since Zelman and Associates started measuring this in 2012 and the number of floating-rate mortgage loans is headed to zero.
That is according to Mark Franceski, Managing Director, Zelman & Associates – A Walker & Dunlop Company, who was joined by Matthew Vance, Senior Director and Americas Head of Multifamily Research for CBRE, as part of a panel that last week discussed multifamily housing financing and investing at the Middleburg Housing Summit, hosted by Middleburg Communities.
Read more...Financing Harder Than Ever to Get, Expert Says via GlobeSt
Tuesday, October 10, 2023
Friday, October 6, 2023
Dallas-Fort Worth Economic Indicators October 2023 via Dallas Fed
The Dallas–Fort Worth economy expanded in August. Employment growth continued at a brisk pace, and unemployment remained low. Apartment demand and single-family housing permits rose in August, while multifamily permits continued to decline in part due to tighter credit conditions and higher financing costs. Housing affordability remained low in the second quarter as a result of high mortgage rates.
Read more...Dallas-Fort Worth Economic Indicators October 2023 via Dallas Fed
Read more...Dallas-Fort Worth Economic Indicators October 2023 via Dallas Fed
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