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scotsmanguide. com > news > office-to-residential-conversions-gain-traction

Office-to-residential conversions gain traction

1+ day, 3+ hour ago  (480+ words) Chicago's Millinery Mart Building is about to reinvent itself once again. According to the Chicago Sun-Times, the nearly 100-year-old Wacker Place high-rise, which started out as a center for hat manufacturing and later became an office for Esquire magazine, is…...

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scotsmanguide. com > news > commercial-and-multifamily-mortgage-debt-plows-past-5-trillion-in-the-first-quarter

Commercial and multifamily mortgage debt plows past $5 trillion in the first quarter

1+ day, 9+ hour ago  (236+ words) Total outstanding commercial and multifamily mortgage debt reached $5. 02 trillion at the end of the first quarter, rising 0. 5% or $26. 3 billion during the first three months of 2026, the Mortgage Bankers Association (MBA) reported Thursday. Multifamily mortgage debt accounted for $23 billion of that…...

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scotsmanguide. com > news > lawmakers-housing-groups-pitch-basel-iii-changes-as-comment-period-ends

Lawmakers, housing groups pitch Basel III changes as comment period ends

1+ day, 7+ hour ago  (604+ words) A 90-day public comment period ends Thursday for a proposal to revise parts of the existing Basel III framework that would, among other things, eliminate the threshold-based deduction for mortgage servicing assets across all banking organizations. The proposal, jointly put…...

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scotsmanguide. com > news > high-rates-uncertainty-stall-new-home-mortgage-demand

High rates, uncertainty stall new-home mortgage demand

1+ day, 11+ hour ago  (362+ words) Mortgage demand for newly built homes declined in May though remained above year-ago levels, the Mortgage Bankers Association (MBA) said Thursday. Application volumes for new-home mortgages have been choppy this spring as affordability pressures have constrained homebuying demand. Mortgage rates…...

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scotsmanguide. com > news > mortgage-applications-decline-in-second-week-of-june

Mortgage applications decline in second week of June

2+ day, 12+ hour ago  (303+ words) Mortgage loan application volumes retreated over the week ending June 12, as interest rates remain elevated through the end of the second quarter. This marked their fourth week of declining volumes over the past five. A weekly slowdown in purchase demand…...

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scotsmanguide. com > news > midwest-southern-states-earn-top-housing-grades-for-affordability-and-homebuilding

Midwest, Southern states earn top housing grades for affordability and homebuilding

3+ day, 7+ hour ago  (562+ words) Report cards can be nerve-racking for students at this time of year. But students aren't alone " Realtor. com is making it stressful for states as well. The real estate site released its second annual rankings on Monday, evaluating states on…...

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scotsmanguide. com > news > investor-homebuying-plunges-in-first-quarter-amid-market-uncertainties

Investor homebuying plunges in first quarter amid market uncertainties

3+ day, 9+ hour ago  (630+ words) Sales of single-family homes to real estate investors declined sharply in the first quarter, though investors maintained an elevated share of overall activity. The company attributed the pullback to persistent affordability challenges that drove a broader first-quarter homebuying slump. Purchase…...

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scotsmanguide. com > news > more-than-240-us-cities-now-boast-starter-homes-that-cost-1-million-or-more

More than 240 U. S. cities now boast starter homes that cost $1 million or more: Zillow

3+ day, 9+ hour ago  (383+ words) The cost of buying a home continues to reach dizzying heights in many parts of the country. That is especially true for first-time homebuyers, with the price of an entry-level home reaching $1 million or more in 242 U. S. cities, according to a…...

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scotsmanguide. com > news > new-construction-slowdown-deepens-in-may

New construction slowdown deepens in May

3+ day, 13+ hour ago  (501+ words) Overall housing starts plunged in May to an eight-month low, fueled by a sharp slowdown in multifamily activity and ongoing pressures facing the single-family sector. Single-family housing starts subsequently declined 2% on a monthly basis in May to post a 6. 7% annual…...

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scotsmanguide. com > news > chicago-fed-sees-insurance-affordability-gap-for-midwest-homeowners

Chicago Fed sees insurance affordability gap for Midwest homeowners

4+ day, 11+ hour ago  (530+ words) Surging homeowners insurance premiums have posed a persistent threat to housing affordability over the past year, with costs rising faster than incomes in several states, hitting lower-income households the hardest. That's according to a new study from the Federal Reserve…...

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