Thursday, March 08, 2012

Morning Real Estate Review


Bank loans to commercial real estate are on the rise, in some sectors (Costar) Commercial loans are increasing in owner occupied properties and in multi-family.

Obama Administration makes it easier and cheaper to refinance a home (CNN Money) New rule cuts refinance fees the FHA charges, while making it easier for private lenders to refinance, though it comes just after FHA fee structure went up.

ABA finds new home at Washington Square (Costar) Who doesn't love lawyers (as tenants)? ABA signs lease for 2 floors at 1050 Connecticut Ave.

Housing affordability index hits record high (Construction Digital) According to the NAR, affordability - judged by median home sale prices, family income, and interest rates - is at all time high.

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