Home prices in urban U.S. markets rose 15% in the three months through late January, slightly ahead of the annual pace in suburbia, according to Redfin.
Administration officials dismissed the idea that their $1.9 trillion aid plan could push the economy past some notional speed limit, and explain that what they’re trying to provide is more relief than stimulus.
Commercial and multifamily mortgage originations fell by 18 percent in the fourth quarter year-over-year, reports the Mortgage Bankers Association. Commercial Observer looks at issues related to leasing marijuana retail facilities. These are among today’s must reads from around the commercial real estate industry.