Former Elbow Room site downtown to house two restaurants

A longtime local chef and his wife plan to open a fast-casual spot for breakfast and lunch, as well as a dinner restaurant. The iconic flatiron building also will include space for private events.

from
https://www.ibj.com/blogs/19-property-lines/post/72068-multi-restaurant-concept-coming-to-former-elbow-room-site

Zillow Offers Coming to Miami, Twin Cities, Nashville, Orlando and Portland in 2019

Once launched, sellers in these five markets will be able to request a cash offer from Zillow to buy their home

from
http://zillow.mediaroom.com/2019-01-17-Zillow-Offers-Coming-to-Miami-Twin-Cities-Nashville-Orlando-and-Portland-in-2019

Price Cuts on New Construction Homes Becoming More Common

Nearly all of the nation's largest housing markets saw the share of new construction homes with price cuts increase between the beginning and end of 2018

from
http://zillow.mediaroom.com/2019-01-17-Price-Cuts-on-New-Construction-Homes-Becoming-More-Common

Multifamily 2019 Outlook

In our research, we find that performance in the multifamily market remained healthy during 2018, despite high levels of new supply entering the market. We expect this trend to continue into 2019, but with more modest growth in comparison to recent year. More

from
http://www.freddiemac.com/research/forecast/20190114_outlook.html?attr=rssEHR

Builder Confidence Improves Thanks to Rates; Purchase Mortgage Applications Reach 8 Year High

January 11 ended the first full business week in a while and mortgage activity responded accordingly. The Mortgage Bankers Association (MBA) reported a strong rebound when, despite a government shutdown, business returned more or less to normal. MBA's Market Composite Index, a measure of mortgage loan application volume, increased 13.5 percent on a seasonally adjusted basis from the week ended January 4, reaching its highest level since last February. On an unadjusted basis, the Index was up 45 percent. Purchase mortgage applications moved higher for the sixth time in the last eight weeks, resuming the upward trajectory that was interrupted by the Christmas holidays. That index was up 9 percent on a seasonally adjusted basis to its highest level since April 2010. The unadjusted Purchase Index

from
http://www.mortgagenewsdaily.com/reports/newsletter/2019/1/16/3736

Multifamily 2019 Outlook

In our research, we find that performance in the multifamily market remained healthy during 2018, despite high levels of new supply entering the market. We expect this trend to continue into 2019, but with more modest growth in comparison to recent year. More

from
http://www.freddiemac.com/research/forecast/20190114_outlook.html?attr=rssEHR

American Dream Depends on Affordability; Rates Staying Flat Amid Shutdown Caution

Homeownership as an American dream is alive and well according to new data from the National Association of Realtors® (NAR) 2018 Housing Opportunities and Market Experience (HOME) Survey. The survey was conducted across all 12 months of last year. Sixty-four percent of respondents were homeowners, 27 percent were renters, and 9 percent were non-homeowners living with a family member without paying rent. NAR just released Aspiring Home Buyers Profile , which focuses on survey responses from non-homebuyers, both those who rent and those living with a family member. Of the non-owners, 45 percent were 34 years or under, 59 percent make an income of under $50,000, and 43 percent live in suburban areas. Across the quarters of 2018 non-homeowners were consistent in their desire to own a home in

from
http://www.mortgagenewsdaily.com/reports/newsletter/2019/1/15/3734