According to Black Knight’s “first look” report for November, 2020, mortgage delinquencies improved for the 6th consecutive month in November, falling to 6.33% from 6.44% in October. In addition, Black Knight says while early-stage delinquencies have fallen back below pre-pandemic levels, seriously past-due (90+ days) mortgages remain 1.8 million above their pre-pandemic level. Continue reading HERE...
Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies
The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw