1.Commercial/Multifamily Delinquencies Continue Decline in First Quarter
” Delinquency rates for commercial and multifamily mortgage loans continued to decline in the first quarter of 2014, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report. “
2.US Home Price Gains Slow in April Amid Tepid Sales
“U.S. home prices rose in April compared with a year earlier, but the increase was the smallest annual gain in 14 months. Price gains have slowed this year as sales have faltered.”
3.Half of Americans can’t afford their house
“As the housing market slowly recovers, a majority of homeowners and renters are finding it hard to meet rising rents and mortgage payments, new research finds. “
4.Silicon Valley rents soar as tech gobbles space
“There’s a lot of talk about the red hot residential real estate market in Silicon Valley, but commercial prices are also soaring.”
5.Real estate explodes in Silicon Valley
“It’s not just homes that are expensive in Silicon Valley. CNBC Josh Lipton reports the tech boom has pushed commercial real estate higher than ever. “
6.RealtyTrac: State, national home sale prices continue to climb
“The median sales price of California residential properties – including sales of distressed properties – was $350,000 in April, up 2 percent over March and a 17 percent spike over April 2013, according to Irvine-based RealtyTrac.”
7.Economic confidence ticks up
“Gallup’s U.S. Economic Confidence Index increased to a -14 in May, its highest monthly reading in 2014 so far, the polling firm says Tuesday. “
8.Home prices rise by 10.5 percent year over year in April
“Home prices nationwide, including distressed sales, increased 10.5 percent in April compared to April 2013, according to a new report Tuesday from financial information company CoreLogic Inc. (NYSE: CLGX) of Irvine.”
9.San Fernando Valley home sales fall from year ago
“Homes sales in the San Fernando Valley fell 11 percent from a year ago in April but increased from March, a research center said Friday.”