Informative Research announces integration with LendingQB

/by

On Wednesday, technology-driven solutions provider and HW Tech100 winner Informative Research announced its integration with LendingQB’s loan origination system, giving the LOS’ users access to IR’s products. The company explained that with this integration, LendingQB’s LOS users will be able to order multiple products, including credit supplements, 4506-Ts, preclose monitoring, flood reports, and the company’s SoftQual solution.

House passes extension for national flood insurance program

/by

Wednesday, the House of Representatives passed legislation to authorize the National Flood Insurance Program for another four months. Now, the housing industry is urging the Senate to move quickly in order to pass the bill before it expires at the end of this month.

Chinese investors are dumping U.S. CRE investments under pressure from Beijing

/by

Chinese investors are dumping their commercial real estate investments, a casualty of the escalating trade war between the U.S. and China. According to an article in the Wall Street Journal, Chinese investors sold $1.29 billion of U.S. CRE in the second quarter, while purchasing only $126.2 million. This is the first time the cohort has been a net seller since 2008.

Real estate no longer top investment choice for Americans

/by

Americans are beginning to shift their investments to other areas as real estate fell not one but two spots from being the top investment choice back in 2016. Americans across all ages said that real estate is their third pick for the investment of money they won’t need for more than 10 years.

How should you pay off your mortgage?

/by

Young adults entering the housing market are expected to create a vast demand for potential homeownership, but will they be able to afford mortgage payments? Luckily, an article by USA Today highlights strategic ways homeowners can pay off their mortgages better and faster.

Residential construction starts exhibit moderate gains in June

/by

Large multifamily projects across the U.S. boosted residential construction starts by 4% month-over-month, 6% year-over-year increase in June, helping the nation move past a less than stellar April.

Fed still expected to raise rates after criticism from Trump

/by

Despite recent criticism of the rising interest rate environment, the Federal Reserve is still expected to raise rates twice more in 2018. And while the Fed is unlikely to raise interest rates during its July meeting, experts explain it is still on track for two more rate hikes in 2018.

New York legislation to cut Airbnb booking revenue in half

/by

New York’s new legislation targeting illegal short-term rental activity is slated to slash Airbnb’s New York booking revenue in half. According to an article by Bloomberg, Airbnb and its users are on track to generate $140 million in booking revenue this year, from which Airbnb takes a roughly 15% cut. But come January when the new legislation goes into effect, Airbnb and its hosts can kiss at least $70 million of that goodbye.

JLL hires Niko Skiadas, Dan Dretler to lead multifamily capital markets operations in New England

/by

JLL hired Niko Skiadas and Dan Dretler, who have been working together for over 10 years, to lead its New England multifamily capital markets operations. Skiadas and Dretler will both serve as executive vice presidents in JLL’s Boston office.

Yardi: Apartment deliveries continue to slow

/by

New data from Yardi reveals that apartment deliveries are continuing to decline nationally. By the end of 2018, 283,000 new apartments are expected to be delivered. This is an 11% decrease from last year when new unit construction reached its peak at 317,872 units delivered.