Today's Real Estate Investing Pulse
Housing Prices Slip 2.4% as Buyers Return, Pending Sales Rise 4.3%
Median list prices dropped 2.4% year‑over‑year to $429,500, the steepest decline since 2017. Pending sales climbed 4.3% YoY, extending a six‑month growth streak. New listings rose sharply in the Northeast (+8.6%) and Midwest (+4.7%) while remaining flat in the South.
Also developing:
Are Signs of Life Finally Reappearing in Florida’s Condo Market?
Florida’s condo market is showing early signs of recovery as February 2026 sales jumped nearly 40% year‑over‑year in Naples, while Miami‑Dade and Palm Beach posted gains in the $400,000‑$500,000 price band. Mortgage rates have steadied, giving buyers more confidence and prompting a modest increase in transaction volume. Inventory has risen, keeping prices flat and offering buyers negotiating leverage. However, soaring HOA dues, insurance premiums and climate‑related risks continue to weigh on the market’s upside potential.
Terminal Logistics: A New Type Of Platform For The IOS Sector
Industrial outdoor storage (IOS) has surged, with rents climbing 123% since 2020 and vacancy rates holding at just 4.9% across 15 major markets—far better than bulk warehouses. Center Capital Partners, through its Terminal Logistics platform, has been acquiring IOS assets...
Property Prices Rose in March, But Iran War Is Stymying Improvement
Commercial property prices rose 0.4% in March, a modest improvement over February’s 0.2% gain, bringing the 12‑month increase to 2.6% but still 15% below the 2022 peak. The rise is constrained by a 10‑year Treasury yield of 4.3%, which climbed...
Spring Homebuying Season Opens on a Split Housing Market
U.S. home prices rose just 0.5% year‑over‑year in February 2026, while monthly prices slipped 0.16% from January, setting a cautious tone for the spring buying season. The Midwest and Northeast posted the strongest gains, with New Jersey, North Dakota and...
Developer Pivots Little Havana Apartment Project Midstream To $300K Condos
Miami developer The Astor Cos. halted its original market‑rate rental plan for the 179‑unit Havana Enclave and relaunched it mid‑construction as affordable condominiums priced between $300,000 and $700,000. The pivot comes as Miami’s multifamily market faces oversupply, with occupancy slipping...
Dave Ramsey Warns That Timing the Housing Market Will Leave Both Buyers and Sellers Unhappy: The Perfect ‘Time’ Is Now
Dave Ramsey warns that waiting for a perfect moment in the housing market will leave buyers and sellers dissatisfied, urging action now as spring inventory rises and median list prices fall for five consecutive months. Mortgage rates sit at 6.46%,...
Iran War Upends Spring Housing Market. Here's What Real Estate Agents Are Seeing
The Iran‑Israel conflict has pushed 30‑year mortgage rates from a pre‑war low of 5.99% to around 6.5%, dampening buyer enthusiasm in the spring housing season. Real‑estate agents report that buyers now worry more about the broader economy and financing costs...
Carmel Partners Raises Nearly $1.4B For U.S. Multifamily Fund
California‑based Carmel Partners closed its ninth investment vehicle, raising nearly $1.4 billion for the Carmel Partners Investment Fund 9. The capital, combined with $477 million of committed equity, has already funded nine operating multifamily assets, bringing the firm’s cumulative fund series to over...
Low-Rate Borrowers Dig in as High Mortgage Costs Reshape Housing Plans
Survey data from Best Interest Financial and Clever Real Estate reveal that 76% of U.S. homeowners hold mortgages below 6%, and 35% would never abandon those rates despite changing housing needs. Borrowers with rates above 6% report significantly higher stress,...
Cottonwood Group, City of Boston Provide $172M Construction Loan for Housing Complex
Cottonwood Group, the City of Boston, Leggat McCall Properties and Joseph J. Corcoran Company have secured a $172 million construction loan to build a nine‑story, 266‑unit mixed‑income building in Boston’s Charlestown Bunker Hill redevelopment. Cottonwood is providing $122 million in debt while...
7‑Year Sell Rule Threatens Build‑to‑
I suspect whoever wrote Section 901 of the ROAD to Housing Act heard that many investors have 7-year holds, and so they added a requirement that investors must sell build-to-rent homes after 7 years. But it's so much more complex than...
Pandemic‑bought Rental Now Faces $25k Loss
Seller taking a $25,000 loss on this house. They bought at pandemic peak and tried to rent it out. But the rental market turned south, rents getting cut, property taxes up. And now the owner has been trying to sell...
Office, Multifamily Distress Push CMBS Special Servicing Rate Higher
The Trepp CMBS special‑servicing rate jumped 27 basis points in March, reaching 11%, the highest level in over a year. Office‑backed loans drove the surge, accounting for more than half of the roughly $2.9 billion in debt that moved to special...
Baby Boomers Tighten Grip on Large Home Ownership
Redfin data shows baby boomers now own roughly 28% of U.S. three‑bedroom‑plus homes, while millennials with children control only 16% and Gen Z parents less than 1%. The imbalance stems from boomers aging in place, many with fully paid‑off mortgages,...
Workforce Housing Mogul Bob Hart Knows His Market Well
TruAmerica Multifamily announced the closing of a $708 million workforce housing fund, its second large‑scale capital vehicle aimed at building affordable rental apartments across the United States. The fund, raised from a mix of domestic and international investors, adds to TruAmerica’s...
Don't Expect an NYC Exodus Under Mamdani, Says Veteran Broker
Veteran broker Kevin Leibowitz says the sensational headlines about a mass exodus from New York City under Mayor Zohran Mamdani are unfounded. He notes the market has moved from a pandemic‑driven seller’s frenzy to a more balanced buyer‑seller environment, though a housing...
Rising Rates Weigh on Mortgage Activity
Mortgage activity slipped in March as the average 30‑year fixed rate climbed to 6.37%, up 13 basis points from February. The Mortgage Bankers Association’s Market Composite Index fell 4.3% month‑over‑month, though it remains 30.8% above a year ago. Refinance applications...
Investment Giant Puts £2B Into Building Housing
Dutch pension fund ABP, via APG Asset Management, has committed €350 million together with CBRE Investment Management to build 1,000 senior‑housing rental units in the Netherlands, half of which will be affordable. The deal brings ABP’s total housing investment to €2.2 billion...
In New York City, the Ballot Is the New Zoning Map
The article argues that New York City real‑estate valuation now hinges on a fourth variable—voter behavior—because council elections decide zoning outcomes. Low‑turnout primaries often select a small, motivated electorate that shapes rezoning approvals and housing supply. As a result, two...
MF1 Lends $170M for Flatbush Multifamily Development
MF1 Capital has extended a $170 million refinancing loan to Clipper Equity for its 354‑unit multifamily project at 2366 Bedford Avenue in Flatbush, Brooklyn. The loan replaces a $140 million construction facility previously supplied by Scale Lending and is part of a...
Trump, Senate Want to Ban Institutional Investors From Single-Family Homes. They’re Already Having an Impact on Real Estate.
The Senate, backed by former President Donald Trump, is drafting legislation to bar institutional investors—such as pension funds and REITs—from purchasing single‑family homes for rental portfolios. The proposal follows growing concerns that large‑scale investors are inflating home prices and limiting...
Flat Yields Signal Recession Concerns over Inflation
Should we be concerned that bond yields and mortgage rates are flat/down in the midst of current events? Especially on the back of a hot jobs report... You can call it "wait or see" or maybe things are a lot worse...
How NEXA Created a Servicing-Based Incentive for LOs
NEXA Lending has unveiled a compliant incentive program that ties loan officers' compensation to the long‑term value of mortgage servicing rights (MSRs). The model grants eligible originators a share of recurring servicing revenue and full access to loan performance data...
Sonnenblick-Eichner Company Arranges $26,000,000 Of First Mortgage Financing for Residence Inn By Marriott Walnut Creek, Walnut Creek, California
Sonnenblick‑Eichner Company arranged a $26 million first‑mortgage loan for the Residence Inn by Marriott in Walnut Creek, California. The non‑recourse, fixed‑rate loan is interest‑only for five years and replaces an interim bridge loan. The 160‑room extended‑stay hotel, located less than half a mile from...
March Rents Rise Modestly as Supply Overhang Dampens Growth
Apartment rents increased in March (the start of the leasing season), but more muted than normal. Demand remained solid despite the economic headwinds, but still playing catch up to the supply overhang from 2023-25 (biggest supply wave since 1970s). As CoStar's Grant...
ABP, CBRE IM Launch €350m Dutch Senior Housing Strategy
ABP Pension Fund and CBRE Investment Management have launched a €350 million vehicle to develop sustainable, affordable senior rental housing in the Netherlands. The strategy plans to deliver roughly 1,000 new senior homes, with more than 50 % aimed at the affordable...
The Housing Market Is Shifting Under Our Feet. Here's What That Means for You
John Burns Research + Consulting warned that U.S. housing demand is being reshaped by a dramatic drop in immigration and a cooling of domestic migration. H‑1B visa applications fell 87% and net immigration is down 82% year‑over‑year, hurting buyer traffic...
Housing Market Resilient Amid Rising Mortgage Spreads
Today's podcast discusses #mortgage spreads and how the #housing market is holding up with wartime #economics @housingwire @sarahteresa6 #housing #chartdaddy
Here’s an Overlooked Reason the Housing Market Could Soon Get Even Worse
Seaport analyst Kenneth Zener reversed his bullish stance on U.S. home builders, downgrading seven stocks to sell and three to neutral. He cites weakening job growth and a declining break‑even employment rate as the primary risk, arguing that the market...
Housing Prices and Rent Ratios Slip Below 2022 Peaks
Inflation Adjusted House Prices 2.3% Below 2022 Peak Price-to-rent index is 9.7% below 2022 peak https://calculatedrisk.substack.com/p/inflation-adjusted-house-prices-23-7a7
Ajman March Real Estate Deals Hit AED 1.66 Bn ($452 M), Signaling Market Strength
The Department of Land and Real Estate Regulation in Ajman announced 938 property transactions in March totaling AED 1.66 bn ($452 m). The figures, highlighted by Director‑General Eng. Omar bin Omair Al Muhairi, point to a stable market even as the UAE rolls...
100% Bonus Depreciation Returns, Real‑Estate Investors Scramble Ahead of Tax Day
The One Big Beautiful Bill Act (OBBBA) permanently reinstates 100% bonus depreciation for qualified property placed in service after Jan. 19 2025, sparking an urgent push among real‑estate investors to complete cost‑segregation studies before the April 15 tax deadline. Experts warn that without...
Scalaa Architects Warns Intangible Assets Dominate $50M+ Property Deals, Raising Hidden Risks
Scalaa Architects warned that in property transactions exceeding $50 million, intangible assets such as software platforms, data and branding often outweigh tangible holdings, creating hidden risks for buyers. The firm stresses rigorous valuation methods and regulatory scrutiny as essential to avoid...
“Last Milking”: How “Rough and Dirty Operators” Profit From Failing Buildings
The piece exposes a niche of investors snapping up New York rent‑stabilized buildings at roughly $30,000 per unit, betting on a "last milking" strategy that extracts cash while neglecting upkeep and eventually defaulting on mortgages and taxes. The 2019 Housing...
War Adds ‘Uncertainty Premium’ to Canadian Mortgages as Fixed Rates Jump
A Middle‑East conflict has pushed Canadian bond yields higher, adding an "uncertainty premium" to fixed‑rate mortgages. In three weeks, three‑ and five‑year rates jumped about 0.5 percentage points, taking the five‑year average to roughly 4.95%. About 1.4 million mortgages—23% of the...
Ethnic Grocers Fill Gaps Left by Legacy Chains
Shoppers closes in Capitol Heights. New Grand Mart leases the 34,000 SF within months. Legacy grocers are shrinking. Ethnic and international grocers are expanding into exactly the spaces they leave behind. Is your retail asset positioned for who’s actually growing...
Dubai-Based Firm Launches ‘Tokenised’ BTR Product with UK Asset
Dubai‑based Tokinvest has introduced the first regulated tokenised build‑to‑rent (BTR) product in the UK, backed by a 29‑unit residential conversion in Birmingham’s Jewellery Quarter. The Great Hampton Street Works development, completed in 2025, will be offered as digital tokens that...
The Investment Case for Farmland: Inflation Hedge Meets Growing Global Demand
Farmland is emerging as a strategic asset as global food demand is set to rise 60% by 2030 while arable land shrinks. Historical data show the class delivering roughly 10% annualized returns with only 5% volatility, outperforming fixed‑income and acting...
Orion Closes Deal for Majority Stake in Corinthia Hotel Lisbon
Orion European Real Estate Fund VI has acquired a majority stake in the Corinthia Hotel Lisbon, adding a flagship hospitality asset to its portfolio. The transaction, valued at several hundred million euros, underscores Orion's strategy of targeting premium, cash‑flow‑positive properties...
Is UK Property Really the Safest Investment? What 2026 Data Reveals
The UK property market is undergoing a reset, with an estimated 93,000 landlords exiting in 2025 and projections of another 110,000 leaving in 2026. Regional data shows the North West delivering 3‑4% annual price growth while London prices fell 1.7%,...
3 Financial Strategies for Young Farmers
Jordan Howe outlines three core financial tactics for young growers: making strategic land decisions that balance ownership versus rental, managing cash flow through disciplined working‑capital practices and selective financing, and cultivating strong credit relationships. He highlights a 40% rise in...
San Francisco House Prices Hit Record $2.15 Million on AI Boom
San Francisco’s median home price surged to a record $2.15 million in March, an 18% year‑over‑year increase, driven by wealth from AI startups such as OpenAI and Anthropic. Condo prices jumped 27% to $1.36 million, nearing the April 2022 peak. The market saw...
BTL Landlords Continue to Flee the Rental Sector
Buy-to-let landlords in the UK are still exiting the private rental sector, but the pace is slowing. Goodlord’s survey of 1,200 landlords shows 24% are actively selling or considering selling property, down from 35% a year earlier. Meanwhile, 72% are...
Prime House Price Falls Ease as Sales Activity Holds Firm
Prime property prices in the UK eased in Q1 2026, with central London down 0.7% (≈$43 k) and the broader London domestic market slipping 0.5%. South West and West London held flat, bucking the overall decline, while regional prime markets fell only...
Homebuyer Interest Surges 32% as Demand Beats Inventory
Maybe home buyers haven't thrown in the towel just yet... The average daily page views per for-sale listing on Zillow was 32% higher this March versus last March. "This demand signal outpacing inventory growth is showing the first signs of improvement...
Landlords Accept Massive Office Tower Losses After COVID
Th Four Stages of Offices Grief, finally reaching Acceptance. WSJ: “Landlords and their lenders held on to their office towers for years, hoping for a turnaround after Covid. Now, they are accepting enormous losses.“ https://t.co/5MKOtfeAFm
AGNC Investment REIT Posts $8.88 Per-Share NAV, Dividend Yield Stays Near 14%
AGNC Investment disclosed a tangible net book value of $8.88 per share for Q4 2025, up from $8.41 a year earlier. The REIT's dividend yield remains around 14% despite a long‑term decline in both dividend payouts and net book value,...
SF Detached Homes Selling 20% Above Asking Prices
Stats in San Francisco are wild. Properties on average last month sold almost 20% over the asking price. These are detached homes (not condos). Are there any other markets in the country where the norm is to price lower on...
Homebuyer Financing Varies Widely Across Local Counties
Who is buying a home right now? Here’s a look at reported buyer financing in MLS sales in 12 local counties. This is also a good reminder that the market isn’t the same in every location. https://t.co/GRkvX7kcrU
Upper‑middle Class Pays More, Gets Less
The upper middle class is caught in a trap, and many of them don’t realize it. The houses are getting smaller, the lounges more crowded, and the schools pricier. My latest on how the upper middle class is paying more and getting...