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:
Mortgage Advisers Feel More Positive About Their Businesses
The Intermediary Mortgage Lenders Association’s Q4 2025 Mortgage Market Tracker shows a modest dip in overall industry confidence, yet advisers remain highly optimistic about their own firms, with 57 % very confident and 43 % fairly confident. Average case volume slipped to 89 per adviser, still above the 80‑case level seen a year earlier. Process efficiency improved markedly, as Decisions‑in‑Principle acceptance rose to 86 % and conversion rates from DIP to completion and full‑application to completion climbed to 40 % and 65 % respectively. IMLA also reports a 19 % rise in gross mortgage lending in 2025 and projects an additional 11 % growth in 2026.
Mortgage Rates Set for Volatile Swings Amid Global Uncertainty
My biggest takeaway right now regarding mortgage rates is to expect heightened volatility. They will likely bounce around a lot more than normal thanks to the ongoing conflict in the Middle East. The good news is 30-year fixed rates remain near ~3-year...
Walk Away When Bridge Debt, Low DSCR, Thin Yield Spread
Here’s how to identify when a deal is too risky: Sometimes the deals you don’t do are more important than the deals you do This 40-unit deal that I underwrote a while ago had 4 major deal breakers 1. Having to take...
W. P. Carey Names Co-Heads of North American Investments
W.P. Carey promoted Zachary Pasanen and Tyler Swann to co‑heads of North American investments, giving them responsibility for sourcing, underwriting and structuring sale‑leaseback and build‑to‑suit transactions. Both will continue reporting to Gino Sabatini and remain focused on long‑term net‑lease deals....
Homeownership Isn't the Only Path to Millennial Wealth
If you’re a millennial, you need to stop believing that owning a home is the ONLY way to build wealth. It is just one part of the puzzle and an optional one at that. If you can’t own a house,...
Small-Bay Industrial Property Garners “Incredible Interest”
Marcus & Millichap closed the sale of 10 Charlesview Rd., a 9,600‑square‑foot small‑bay industrial building in Hopedale, Massachusetts, for $2.05 million. The property, built in 2018, comprises six 1,600‑square‑foot units with private offices, 17‑ to 18‑foot clear heights, drive‑in doors and...
Adaptive Reuse, Reimagined: From Big-Box Retail To Data Centers
Adaptive reuse has evolved from a niche preservation tactic to a strategic response to e‑commerce‑driven vacancy, post‑COVID office surplus, and climate imperatives. Designers now ask "What can we save?" rather than starting from a blank slate, targeting everything from suburban...
Why Private Credit Panic Likely Won't Spread To Real Estate Debt
Investors are reassessing risk in the $2 trillion private‑credit market as AI‑related corporate loans face heightened scrutiny, while debt secured by real‑estate assets remains comparatively stable. BridgeInvest and other lenders emphasize the tangible collateral of data‑center and multifamily loans, which cushions...
Taxes, Insurance Eat 21% of Mortgage Payments
A new Neighbors Bank analysis finds property taxes and homeowners insurance now consume an average of 21% of U.S. mortgage payments, with some markets seeing the costs exceed one‑third of the monthly bill. The study, based on 450 metros and...
Best Real Estate Masterminds in 2026
The article outlines the top real estate mastermind programs for 2026, highlighting Michael Blank’s Deal Maker Mastermind, Rod Khleif’s Multifamily Bootcamps and Warrior Mastermind, BiggerPockets Bootcamps, and Mike Hambright’s Investor Fuel. Each program is described by its focus, structure, and...
Rent Increases Outpace Home-Price Growth: Attom
Rent growth outpaced median home‑price appreciation in 55% of U.S. counties between 2025 and 2026, narrowing the rent‑vs‑buy affordability gap. Despite higher rents, rental yields fell in 54.8% of counties as record‑high home prices raised acquisition costs. Midwest markets such...
Office REITs May Be The Best Value In The Market
Bloomberg’s Thomas Kennedy says the office market bottom is in, citing rising software engineer postings and booming San Francisco office space. Office REITs have fallen 40‑60% since 2020, creating deep valuation gaps across BXP, KRC, CUZ and HIW. Current pricing shows...
MUFG Launches First Own Brand Real Estate Security Token for $142 Million
MUFG’s trust division has launched its first own‑brand real‑estate security token, the MUFG Realty Token, valued at ¥22.4 billion ($142 million) for the Osaka Dojimahama Tower. The token is issued on Progmat, the blockchain platform MUFG founded and now partially owns. Distribution...
Atlanta Condos Plunge 25%, Buyers Find Bargains
Atlanta condo down 25% from peak value. Seller taking $40k loss. And now listed at pre-pandemic pricing. The condo market in many cities is getting smoked right now. (with some decent buying opportunities starting to show up). In this case - the HOA fee is...
EQT Buys East Coast Warehouse Portfolio From Mapletree For $575M
Private equity firm EQT Real Estate has agreed to purchase a 4.4‑million‑square‑foot portfolio of 25 East Coast warehouses from Singapore‑based Mapletree Investments for $575 million. The assets span Connecticut, New Jersey, North Carolina, Georgia and Florida and include a mix of single‑tenant, multi‑tenant,...
Toronto Real Estate Sales Fall To New Lows, Prices Tick Higher
Toronto’s February real‑estate market saw a modest 0.29% price uptick, lifting the typical home to $938,800, yet sales plunged to 3,868 units – a 6.3% year‑over‑year decline and the lowest February volume in over two decades. Active listings hovered around...
Host Hotels & Resorts CFO Sees Multiple Tailwinds Supporting Sustained Growth in 2026
Host Hotels & Resorts CFO Sourav Ghosh said the REIT’s 2025 outperformance was driven by strong transient leisure demand at its upscale and luxury assets, with guests spending more on F&B, golf and spa. The company expects continued tailwinds in...
Strong Demand for Building Sustainability Standards: BREEAM
BRE Global reports a 90 % increase in BREEAM certifications across North America between 2023 and 2025, highlighting rapid adoption in the U.S. market. California leads with over 60 certified projects, followed by Texas, Minnesota, Tennessee and Indiana. Industrial properties show...
Demand for AI Data Centers Sends Prospectors Hunting for Land and Power
AI data center construction is accelerating, with tech firms targeting 85 GW of power by 2030—about 20% more than the current grid can supply. Start‑ups like Cloverleaf Infrastructure are emerging as “powered land” brokers, securing utility contracts and rural acreage for...
Mid-Term Rentals Are Gaining Serious Traction—Here’s What You Need to Know
Furnished monthly rentals have surged to become a distinct, fast‑growing segment of the U.S. housing market, accounting for roughly 19% of all rental nights. Booked monthly‑rental nights more than doubled from 20 million in 2019 to 46 million in 2025, while listings...
Airbnb Purchases Deliver Tax Breaks, Depreciation, Passive Income
The smartest clients I’ve helped buy Airbnbs purchased for Tax Benefits of owning Real Estate 100% Bonus depreciation Owning Long Term Passive Income Last
Housing Market Tightens, Home Receives 94 Offers
The housing market has tightened a little lately. I’m not saying it’s 2021 again. I’m just saying supply and demand have squeezed together a little. More thoughts on my weekly blog along with a discussion about that one home that...
Green Street’s Michael Knott Says REITs Faring Well in 2026 Amid Market Cross Currents
Michael Knott, head of U.S. REIT research at Green Street, said REITs are faring well in 2026 thanks to an AI‑driven market selloff, lower interest rates, and strong debt‑capital access. He described the sector’s performance as a modest comeback despite...
War in Iran and Inflation Push Mortgage Rates Near 6%
Today’s podcast discusses a theory of mine on why #mortgagerates are near 6%, with hotter inflation data and the war with Iran driving up oil prices. @housingwire @sarahteresa6 #economics #realestate #housing #chartdaddy
Record Low Sales Set Stage for Modest Rebound
Home Sales & Home Prices Keep Dropping In BC & Ontario: The Sales May Improve Even If Prices Keep Falling The February Home Sales Numbers continue to look awful just like January But here's the thing about horribly low numbers: eventually the...
Courtyard by Marriott Columbus Airport Listed for Sale as Columbus Market Expands
CBRE Hotels has listed the 150‑room Courtyard by Marriott Columbus Airport for sale. The three‑story hotel, built in 1997 and fully renovated within the past four years, sits just one mile from John Glenn International Airport and near key attractions such...
Hyatt House Seattle/Downtown Listed for Sale After $3.2 Million Renovation
Hyatt House Seattle/Downtown, a 172‑room upscale extended‑stay hotel, is now listed for sale following a $3.2 million renovation that cost roughly $19,000 per key. The fee‑simple, debt‑free asset is operated by Hotel Equities and sits in South Lake Union, a tech‑dense...
Restricting Bank Foreclosure Threatens New‑Build Lending
I understand the principle of precluding large firms from buying existing homes. They do “compete” with young families and raise prices. But the ROAD to Housing needs to be **clearly** re-written. Preventing "investors" from owning homes they built not only affects...
French Investor Snaps up Inverness Travelodge for £4.1m
French real estate manager Epsicap REIM, via its SCPI vehicle Epsicap Nano, acquired the 54‑room Travelodge hotel in Inverness for £4.1 million. The property, refurbished in 2017, is under a 20‑year lease with Travelodge, marking the fund’s first hotel investment. The...
Marriott Monterey Hotel Receives $75M Refi
Sunshine‑Eichner arranged a $75 million non‑recourse first‑mortgage loan to refinance the Marriott Monterey hotel in downtown Monterey, California. The five‑year, interest‑only loan carries a fixed rate with an all‑in cost below 6% after securing a low‑200s credit spread among 19 competing...
Second‑Generation Restaurant Spaces Offer Ready‑Made Opportunity
Touring a second-generation restaurant in Dupont Circle today and I’ve been getting a lot of calls about it. 3,700 square feet across two floors on Connecticut Ave with the Dupont Metro two minutes away. Second-generation restaurants create real opportunity because the infrastructure...
Visualizing Home Price Changes
A new bubble‑map visualizes home‑price appreciation across 22,000 U.S. ZIP codes. It shows that the median ZIP code has seen prices double over the past decade. The map sizes each dot by population and colors it by percent change, avoiding...
How a Personal Loan Affects DTI and Mortgage Approval
A personal loan introduces a new monthly payment that typically raises a borrower’s debt‑to‑income (DTI) ratio, which can shrink the mortgage amount a lender will approve. In cases where the loan replaces higher‑cost revolving debt, it can actually lower DTI...
China’s Property Sinkhole: Housing Market Keeps Falling
China’s property market deepened its slump in February as new‑home prices in the 100 largest cities slipped 0.04%, the sharpest monthly decline since late 2022. Sales by the top 100 developers are down about 27% year‑over‑year, prompting firms to halt...
The Most Curious Things Happening in Multifamily Innovation, with Sage Ventures' Moshe Crane
In this episode, host Edward Cohen and co‑host Zach Ahrens sit down with Moshe Crane, VP of Sage Ventures and author of the Curious Deal newsletter, to dissect the current state of multifamily real estate. Moshe explains how nuanced market...
After Warner Bros. Merger, Changes Are Coming to the Historic Paramount Lot. Here's What to Expect
Paramount Global, now merged with Warner Bros. Discovery, faces roughly $79 billion of debt and is streamlining operations by moving most film and TV production to Warner Bros.’ Burbank lot. The historic 65‑acre Paramount lot on Melrose Avenue will remain active...
HBD Sells Warminster Supermarket and Retail Units for £8.6m
HBD, the property arm of Henry Boot, sold a purpose‑built Waitrose supermarket and three adjoining retail units in Warminster for £8.6 million to an unnamed UK REIT. The 29,350 sq ft development, completed in 2012 on a two‑acre site, is fully let with...
Taylor Wimpey Launches £52m Share Buyback as Profits Plummet 54%
Taylor Wimpey announced a £52 million share‑buyback programme even as full‑year 2025 pre‑tax profit plunged 54.3% to £146.5 million, while revenue rose 13% to £3.84 billion. The profit decline was driven by a £222.2 million increase in cladding remediation costs and an £18 million CMA...
Homebuyer Demand Hits Record Low, Price Cuts Needed
Reventure's Homebuyer Demand Index just updated for the first week of March. The monthly reading stayed at 6/100. The 3-month rolling average dropped to 8/100. 50 is "normal". Note that during the last crash, the index never dropped below 29/100. Indicating just...
First‑time Buyers Now 40; Delaying Assets Stalls Wealth
The average first-time homebuyer is almost 40 now. If young people don’t start owning assets, they’ll never build wealth...
Turn Distressed Assets Into Home Runs with Yield‑based Underwriting
How do I underwrite deals to ensure that (if I get my offer price) the deal ends up being a home-run? This is how. This is a real deal I submitted an offer on a while ago. 56 units, priced at...
Florida Condos Diverge: $60K Loss vs 11% Gain
Florida condo owners lost $60,000 in equity in one year. Orlando condo owners gained 11%. Same state. Same year. I break down exactly why — and what happens next. https://t.co/fY7zpTVEkE
Chicago Investor Secures Third Multifamily Property in Year
In long-term bet, Chicago investor buys third multifamily property in city in less than a year https://t.co/6uKHH6SzQR
US Homebuilding Follows Demand, Halts at 120K Units
As a country, we simply don't ever build on a supply-first model; we only build based on our demand curve. This is why the builders pause when total completed units for sale just hit 120K, for decades https://t.co/S6RwyAA3hO
Homeowners Cling to Low Rates, yet Many Still Move
Given this situation, millions of Americans could afford and even need to move, but they stay in homes they no longer want because they do not want to lose their low mortgage rates. Yet each quarter, people have given up...
We Build, Own, and Sell Homes—No Customization
We don’t do customization and we don’t build homes on other people’s land. We buy land. we build homes on that land. and then we sell those homes to American families
Home Sellers Relist Fastest in Decade Amid Low Supply
Home sellers are relisting properties at fastest pace in a decade, but spring supply is still low https://t.co/nuOAzLHBun
Manufacture Quality Homes Directly in Desired Neighborhoods
Even more novel idea: Use manufacturing to build NICE housing in the places people want to live https://t.co/gmQAr9C8Ap
Sergey Brin Joins Tech Elite with $51M Miami Purchase
Another boldface #tech name decamps to #SoFla. #Google cofounder #SergeyBrin pays $51M for waterfront home of #LVMH boss #MichaelBurke on #AlisonIsland, joining the #Zuckerbergs+fellow Google creator #LarryPage. #realestate #mortgage #Miami #CoconutGrove https://t.co/3BfAXAnLCz
Homebuilders Cut Starts, Offer Incentives Amid Low‑Ball Offers
Atlanta Fed Beige Book: “Homebuilders pulled back on housing starts and utilized incentives to shrink speculative inventory. Some builders reported home buyers shopping around for the best deals and often presented “low-ball” offers. This is especially true in the entry-level...