The nation’s housing shortage is often framed as a challenge for first-time buyers and growing families. But another group is increasingly feeling the impact — older homeowners who want to downsize yet find themselves with few practical options. Across the country, many seniors remain in large family homes long after their children have moved away. […]
Many older Americans stuck in homes that no longer fit Read More »
Class Valuation has partnered with Makena to provide appraisers with new mobile data-collection tools ahead of the mortgage industry’s transition to the Uniform Appraisal Dataset (UAD) 3.6 standards later this year. The appraisal management company announced last week that appraisers working through Class Valuation will gain access to InstaPlan, Makena’s mobile property data collection and
Class Valuation adds Makena InstaPlan ahead of UAD 3.6 shift Read More »
Policymakers have been making the case that more supply is a better check on housing costs than rent stabilization. May apartment rental data backs up that narrative. Rents ticked up modestly last month, the fifth consecutive month of sequential growth. But May’s reading was the lowest for that month since 2010, according to apartment data
May rent trends run sideways as multifamily supply stays strong Read More »