Curious about inclusionary housing? Check out this handy-dandy map | 2018-05-22

Inclusionary housing. It’s a buzz concept floating around the housing space these days. States and municipalities seem to be adopting and eschewing it left and right, but how prevalent is the practice actually, and what does inclusionary housing really mean? The basic definition for inclusionary housing is linking the creation of affordable homes for low- and moderate-income households to…

Are high-end multifamily REITs overpriced? | 2018-05-22

Conventional wisdom would say that high-priced multifamily REITs would be less risky than cheaper REITS, but one investment group thinks the opposite is in effect due to inaccurate pricing on some high-end multifamily REITs. Dane Bowler of 2nd Capital Market, posting on behalf of his company on SeekingAlpha, says these REITs are overpriced because of a…

Real estate tech startup First.io raises $5M in Series A funding round | 2018-05-22

Tech startup First.io announced Tuesday it raised $5 million in its Series A funding round. First.io utilizes artificial intelligence to help real estate agents connect with prospective home sellers ahead of their competition, according to the company. Chicago-based startup investors, MATH Venture Partners, Nine Four Ventures, and @properties’ co-founders Thad Wong and Mike Golden, led…

MBA Secondary: Predicting the future of housing finance policy | 2018-05-21

[PHOTO: From left, Bill Emerson, John Hughes, Gary Acosta, Helen Kanovsky, Jaret Seiberg, Pete Mills.] With several key housing appointments still vacant and uncertainty building around legislative direction after the upcoming mid-term elections, forecasting the future of housing finance is tricky. But a panel of eminent industry leaders gave it a try at the Mortgage…

These 12 American cities are future-proof | 2018-05-21

Recent research suggests that some of America’s most popular cities are fully prepared to tackle long-term socio-economic and commercial real estate momentum, according to Jones Lang LaSalle. Jones Lang LaSalle, a financial and professional services firm, is the creator of the City Momentum Index, which covers 131 global major established and emerging markets and tracks factors…

Monday Morning Cup of Coffee: Inside the housing economy’s monster weekend of news | 2018-05-21

Monday Morning Cup of Coffee takes a look at news across the HousingWire weekend desk, with more coverage to come on bigger issues. Plenty of stories in this issue of MMCC, so hang on tight!  The Mortgage Bankers Association Secondary conference started Sunday with sessions including the Executive Perspectives panel, which HW Content Solutions Managing Editor Sarah Wheeler tells…

Homebuilders see boost in confidence in May | 2018-05-15

Homebuilder confidence rose two points to 70 in May after a downwardly revised April reading of the National Association of Home Builders/Wells Fargo Housing Market Index. "Tight housing inventory, employment gains and demographic tailwinds should continue to boost demand for newly-built single-family homes," NAHB Chief Economist Robert Dietz said in a statement. "With these fundamentals in…

MBA Secondary: Leaders of big banks and IMBs agree — a shakeout is coming | 2018-05-20

The mood was upbeat as the Mortgage Bankers Association Secondary Market Conference and Expo kicked off in New York City on Sunday with a panel on executive perspectives, but the message from the first panel contained a warning. Kristy Fercho, president of mortgage banking at Flagstar, David Schneider, CEO at Stearns Lending, Susan Stewart, CEO…