Learn more about current events and trends that may affect your industry in this week's round-up!
- Tough Times for Seattle Homebuyers
Rapid population growth, low supply, and home values appreciating at twice the national average is creating an affordability crisis in the Emerald City.
- Mortgage Rates Reaching Highest Level in 7 Years
After leveling off in March and early April, mortgage rates are now surging to the highest level in 7 years.
- Banks Relaxing Standards for Some Commercial Real Estate Loans
For the first time in three years, U.S. banks are easing lending standards for commercial real estate loans.
- Homebuilding and Permits Fell in April
According to the Commerce Department, housing starts fell 3.7% in April, reversing the rise in March.