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Pittsburgh

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.

U.S. Commercial, Multifamily Mortgage Delinquency Rates Uptick in Q4

According to the Mortgage Bankers Association's latest Commercial Delinquency Report, U.S. commercial mortgage delinquencies increased in the fourth quarter of 2023.

NAR Agrees to Landmark $418 Million Settlement, Altering Commission Payments Forever

Based on a press release March 15, 2024, the National Association of Realtors reached an agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions.

Want to Sell Your American Home at Max Price, List in June

Based on new Zillow data 2023 sales found that homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home.

Pittsburgh Property News












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