Leasing

June 7, 2019

April New Business Volume up 11%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for April was $8.8 billion, up 11% […]
June 6, 2019

Household Debt Hits $13.67 Trillion

Total U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, about in line with the pace […]
June 5, 2019

Consumer Confidence Surges to Near 18-Year High

Expectations of economic growth paint a sunny picture for summer home buying with consumer confidence approaching an 18-year high. Potential buyers positively assessed income, business and […]
June 3, 2019

Home Affordability Returns After 3 Years

In March, home prices retreated 0.9%, sliding 0.04% year over year, according to First American’s Real House Price Index.  According to First American’s data, unadjusted house […]
May 1, 2019

Home Vacancy Rates are Back to the 90s

Home vacancy data released by the Census Bureau, shows that we’re back to the 90s.  The rate of vacant homes dropped to 1.4%, the lowest level […]
April 16, 2019

2108 Set New Record for Commercial Real Estate/Multifamily Lending

Commercial and multifamily lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion. “Borrowing and lending backed by […]
April 15, 2019

Consumer Credit Delinquencies on the Rise

Sound underwriting coupled with family-income and home-price growth have helped push mortgage delinquency rates down.  According to CoreLogic’s TrueStandings data, at the end of 2018 the […]
April 12, 2019

74% of Millennials Make Financial Sacrifices for Housing

Despite slowing home price growth, 74% of millennials make financial concessions to afford housing.  By comparison, only 40% of older generations make these sacrifices, according to CoreLogic. Overvalue […]
April 11, 2019

Delinquency and Foreclosure Rates Lowest in 20 Years

In January 2019, 4% of home mortgages were in some stage of delinquency, down from 4.9% a year earlier and the lowest for the month of […]