WASHINGTON, D.C. (December 12, 2013) — According to a new report from the Mortgage Bankers Association (MBA), the level of commercial/multifamily mortgage debt outstanding increased by $25.2 billion in the third quarter of 2013, as all four major investor groups increased their holdings. That is a 1.0 percent increase over the second quarter of 2013. Click here to read more: http://www.mortgagebankers.org/NewsandMedia/PressCenter/86536.htm
WASHINGTON, D.C. (November 20, 2013) — Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 15, 2013. Click here for full story.
California median home price changes year over year: Alameda County +34%, Contra Costa County +27%, Marin County +12%, Monterey County +21%, Napa County +25%, San Mateo County +10% Santa Clara County +19%, Santa Cruz County +23%, Sonoma County +22%. Click her to see the median home price changes by county and city.
Pacific Appraisers commercial team attended this years Appraisal Institute’s 2013 Annual Fall Conference.The conference featured important real estate topics such as retail, office and industrial market updates, business valuations, special purpose properties, Net Zero Energy buildings, valuing agricultural properties and water rights, and appraising high-end residential properties in a rebounding market. For additional information regarding the session topics and all of the presenters, please refer to the Fall Conference Brochure.