Pending sales of previously owned US homes climbed for a second month in March as a pickup in inventory helped mitigate higher borrowing costs. Processing Content An index of contract signings increased by 1.5% to a four-month high of 73.7, according to National Association of Realtors data released Tuesday. The median forecast of economists surveyed […]
Pending home sales climbed in March on improving supply Read More »
Costs are climbing faster than many operators expected, and teams are actively trying to figure out how to keep up without creating new problems in the process. The Federal Reserve Bank of Minneapolis found that more than half of all operating expense (OpEx) inflation since 2020 ties back to property insurance, with premiums roughly doubling
Why cost discipline is replacing cost cutting in apartment operations Read More »
PennyMac Financial Services Inc. has launched a specialized mortgage program for Team USA athletes, aiming to address the unique income and qualification challenges that Olympians and Paralympians face when buying or refinancing a home. The “Welcome Home: Athlete Mortgage Program,” announced Tuesday, builds on PennyMac’s role as the official mortgage provider of Team USA and
PennyMac launches ‘Welcome Home’ mortgage program for Team USA athletes Read More »