HUD budget proposals show the gulf between House and Senate lawmakers
The appropriations committees in both the U.S. House of Representatives and the U.S. Senate last week put forward their versions of the Fiscal Year 2024 (FY24) Transportation, Housing and Urban Development (T-HUD) appropriations bills. The House version features nearly $2 billion less funding for th
Read MoreMultifamily lending declined 1% between 2021-22: MBA
More than 2,200 different multifamily lenders provided $480.1 billion in new mortgages for apartment buildings with five or more units in 2022, a reduction of around 1% when compared to 2021 levels. This is according to an annual report of the multifamily lending market compiled and released by the
Read MoreRachel Swann’s top performing team jumps to Coldwell Banker
The Swann Group, led by Rachel Swann, has joined Coldwell Banker Realty in Northern California from Compass. The five-person team is known for its luxury property business in San Francisco and in Northern California’s wine country. Swann’s team closed $101 million in sales volume in 2022, according
Read MoreForeigners bought $53B in US existing home sales, a 10% drop
Higher borrowing costs across the world took a toll on annual foreign investment in U.S. existing homes last year. Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, down 9.6% from the previous year, according to a new report from the National Ass
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