Biden nominates Thompson as permanent head of FHFA

Reading Time: 2 minutesPresident Joe Biden will nominate Sandra L. Thompson to serve as director of the Federal Housing Finance Agency (FHFA). Thompson is no stranger to the position, having served as acting head of the agency since June after Biden pushed aside former director and Trump appointee Mark Calabria. Additionally, Thompson has served as deputy director of […]
Seasonality, reversion spur slowing in rent growth during November

Reading Time: 2 minutesDeceleration in residential rent growth has been anticipated for some time now, and November saw the first real signs of the slowdown, according to Yardi Matrix. Average multifamily asking rents rose year over year in November, but by just $4 — down significantly from the $20-plus per month increases seen in the spring and summer. […]