Markets & Economy

Real estate market recap, June 1-5

The big news in real estate markets, recapped for your convenience

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Here's what happened this week in the real estate market: The Mortgage Bankers Association's Commercial/Multifamily Delinquency Report showed that delinquency rates for commercial and multifamily mortgage loans declined in the first quarter of 2015. From the statement: Life company portfolios (60 or more days delinquent): 0.06 percent, a decrease of 0.02 percentage points from the fourth quarter of 2014; Freddie Mac (60 or more days delinquent): 0.03 percent, a decrease of 0.01 percentage points from the fourth quarter of 2014; Banks and thrifts (90 or more days delinquent or in nonaccrual): 1.03 percent, a decrease of 0.11 percentage points from the fourth quarter of 2014; CMBS (30 or more days delinquent or in REO): 5.17 percent, a decrease of 0.19 percentage points from the fourth quarter of 2014; Fannie Mae (60 or more days delinquent): 0.09 percent, an increase of 0.04 percentage points from the fourth quarter of 2014. Re/Max Integra Midwest's inaugural "Springb...