BLS BS

California AB 835 was signed into law in October 2023 and it directs the State Fire Marshal to research and develop recommendations for building standards that would allow “single stair” multifamily buildings above three stories, then report back to the legislature and the Califo ...  Show more

We regularly look at macro economic data to forecast interest rates. Interest rates affect one of the three main variable associated with any project. Those three variables are construction costs, capital costs and rent. Everything else is a rounding error by comparison. We are e ...  Show more

Our co-heads of Securitized Products Research, James Egan and Jay Bacow, explain how the increase in home prices, a tight market supply and steady mortgage rates are affecting home sales.

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Why is everyone ignoring this one severe housing market trend, what does a 2008 crash predictor think will happen in 2025, and why are homes starting to sit longer on the market, even with mortgage rates starting to fall? Are all the headlines pointing to housing market havoc or ...  Show more

Record-high prices remain a key concern for buyers in the U.S. housing market. Our Co-Heads of Securitized Product Research dig into the data, explaining why they still believe a deceleration in home price growth will come.

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The housing market saw significant “softening” in February, with inventory rising, demand shrinking, and buyers regaining more control while sellers find themselves in a tough position. Why is this happening now, especially as mortgage rates continue to dip? With recession fears ...  Show more