30-Year Mortgage Rate At The Highest Level In Nearly Eight Years

Information compiled by Freddie Mac shows that mortgage rates are continuing to increase after a slight slowdown in the summer months. The 30-year FRM – Commitment rate, inched up considerably by 20 basis points to 4.83 percent from 4.63 percent in September. The October increase of the 30-year FRM – Commitment rate, is the highest level since the beginning of... Read More ›

Multifamily Construction Remains a Built-for-Rent Market

An elevated rental share of multifamily construction is holding typical apartment size below levels seen during the pre-Great Recession period. As multifamily developers build more for-sale housing units in the years ahead, the average size of multifamily homes is likely to rise. According to third quarter 2018 data, the average per unit square footage of multifamily housing construction starts was 1,125, off from the... Read More ›

October Construction Starts Soar 21 Percent

… terminal categories.  Nonbuilding construction in October advanced 14% … indicates that nonresidential building construction starts continue to … development may dampen multifamily construction starts next year.” … million wind farm in Minnesota.  The public works …

Dodge Momentum Index Declines in October

The Dodge Momentum Index moved 4.2% lower in October to 150.5 (2000=100) from the revised September reading of 157.0.

Latest World Green Building Trends: Nearly Half of Survey Respondents Expect to Make 60% of their Projects Green in Next 3 Years

The findings from the preeminent study on green buildings have been released and the results are both surprising and encouraging.

October Construction Starts Soar 21 Percent

New construction starts in October climbed 21% to a seasonally adjusted annual rate of $864.0 billion, according to Dodge Data & Analytics.

Former Altisource CTO becomes Cloudvirga EVP of technology

Digital mortgage software company Cloudvirga has named James Vinci executive vice president of technology In this newly created role, Vinci will oversee initiatives to strengthen developer talent and collaborate across departments to scale technical initiatives to accommodate growth.

More trouble for malls: A new wave of closures from Gap, Victoria’s Secret and others

Now, a slew of specialty retailers like Gap and L Brands are getting serious about trimming their real estate footprints.

App lets Milwaukee-area residents use phones to order snow removal, landscaping

Since Uber introduced its ride-hailing service in 2009, the world has seen a myriad of companies trying to hitch themselves to that company’s success by claiming to be the Uber of “X.”