Indianapolis Real Estate News
Indianapolis
U.S. Housing Starts Dive 14.7 Percent from High Interest Rates in March
In March 2024, housing starts declined by 14.7% to a seasonally adjusted annual rate of 1.32 million units, influenced by higher-than-anticipated interest rates and persistent inflation, as reported by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
After Two Year Slump, Prime Multifamily Metrics Uptick in U.S.
Recent research from CBRE indicates that prime multifamily assets have seen a slight improvement in going-in cap rates, exit cap rates, and unlevered internal rate of return (IRR) targets in Q1, 2024.
Commercial Co-Broker Commissions Not Affected by NAR-DOJ Settlement, Yet
Following the groundbreaking agreement between the National Association of Realtors (NAR) and the Department of Justice on March 15, 2024, the real estate sector is abuzz with discussions about the potential effects on the future of commercial co-broker fees and payment methods.
Rising U.S. Mortgage Rates Further Discourage Future Homebuyers in April
This week's increase in U.S. mortgage rates has added to the skepticism about any significant reductions in interest rates for prospective homebuyers in the near future.
