In Today’s News
MBA Cites First Drop in Forbearances Since Pandemic Struck
The Mortgage Bankers Association (MBA) said this week that mortgages in forbearance have fallen for the first time since the MBA began its weekly survey in March. At 8.48%, that means an estimated 4.2 million homeowners are still in such plans.
NAHB Cites Rising Builder Sentiment in Strong May Census Report
The National Association of Home Builders (NAHB) said today that a federal report that shows single-family housing starts up more than 10% from this point last year is another sign that “housing is leading the economic recovery.”
Zillow Adds LGBT Protections Info to its Listings
The massive residential real estate site now helps homebuyers and renters identify communities where legal protections against housing discrimination are in place.
Today on Millionacres
Public Storage vs. Extra Space Storage: The Better Buy?
Millionacres’ Matthew DiLallo holds forth on which of two major players in the public self-storage space would be a better buy. Both present reasons to be bullish and bearish.
Back to School Bargain? A Look at a Student Housing REIT.
Millionacres’ REIT writer Matt Frankel assesses where American Campus communities (NYSE: ACC) will be in 10 years, hopefully long after the COVID-19 pandemic has quit roiling back-to-school plans for college students nationwide.