News Flash

Mike Bjerkesett, a pioneering figure in making housing accessible to people with physical disabilities, died at the age of 69
Mike Bjerkesett, Leader in Handicap Accessible Housing, Dies at 69
Mike Bjerkesett, a pioneering figure in making housing accessible to people with physical disabilities, died at the age of 69.   According to a Minneapolis Star-Tribune report, Bjerkesett took his own life on Jan. 18, although family and... Read more
The Hispanic homeownership rate rose from 45.6 percent in 2015 to 46 percent in 2016, according to data from the National Association of Hispanic Real Estate Professionals (NAHREP)
Hispanic Homeownership Rate Continues to Rise
The Hispanic homeownership rate rose from 45.6 percent in 2015 to 46 percent in 2016, according to data from the National Association of Hispanic Real Estate Professionals (NAHREP). This is the second year in a row that this demographic... Read more
Two new data studies offer an update on the state of the rental market
New Data Pinpoints Highs and Lows in Rental Trends
Two new data studies offer an update on the state of the rental market.   According to ABODO, one-bedroom rent prices have declined an average of 0.65 percent since the start of the year. Among the markets with the most extreme rental... Read more
The latest housing data offers a picture of a stable and mostly improving environment
A Mostly Good Day in Housing
The latest housing data offers a picture of a stable and mostly improving environment.   Freddie Mac’s Primary Mortgage Market Survey (PMMS) reported the 30-year fixed-rate mortgage (FRM) averaged 4.19 percent for the week ending Feb. 2,... Read more
Football legend-turned-commercial real estate executive Roger Staubach is making his annual prediction for the Super Bowl winner
Can Commercial Property Trends Determine the Super Bowl Winner?
Football legend-turned-commercial real estate executive Roger Staubach is making his annual prediction for the Super Bowl winner based on the commercial property markets where the rival teams are based.   “This is always an exciting time... Read more
President Trump’s nominations of Sen. Jeff Sessions (D-AR) to become Attorney General and banker Steven Mnuchin to become Secretary of the Treasury, their respective nominations were affirmed amid partisan rancor
Sessions and Mnuchin Receive Senate Committee Confirmations
One day after Senate Democrats delayed voting on President Trump’s nominations of Sen. Jeff Sessions (D-AR) to become Attorney General and banker Steven Mnuchin to become Secretary of the Treasury, their respective nominations were... Read more
The Federal Reserve’s policy-making Federal Open Market Committee convened for its first meeting of the year and, in a unanimous vote, opted not to raise rates
Fed: No Rate Hike Today
The Federal Reserve’s policy-making Federal Open Market Committee convened for its first meeting of the year and, in a unanimous vote, opted not to raise rates.   “In view of realized and expected labor market conditions and inflation, the... Read more
Sen. Harry Reid (D-NV) has looked into the future and does not see Sen. Elizabeth Warren (D-MA) as a viable candidate for the Democratic Party’s presidential nomination in 2020
Warren Voices Opposition to Trump’s Supreme Court Pick
In what could charitably be described as the least surprising political news of the day, Sen. Elizabeth Warren (D-MA) greeted President Donald Trump’s choice of Neil Gorusch for the U.S. Supreme Court with an immediate denunciation. In a... Read more
Inquiries into home loans were on the decline last week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 27
Mortgage Applications Take a Slight Decline
Inquiries into home loans were on the decline last week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 27.   The Market Composite Index dropped by 3.2 percent on a seasonally... Read more
Two new data reports offer differing views on the current state of homeownership
Homeownership Rate Stagnant, Yet Demand Is Up
Two new data reports offer differing views on the current state of homeownership.   According to the U.S. Census Bureau, the homeownership rate in the fourth quarter of 2016 was 63.7 percent, which was not statistically different from the... Read more