Source: The World Property Journal — The latest Mortgage Bankers Association Forbearance and Call Volume Survey has revealed that the total number of U.S. loans now in forbearance decreased by 3 basis points from 4.22% of servicers’ portfolio volume in...
Source: Rismedia — Coming from a background in the arts, having been an actress in New York, Teresa Stephenson decided to transition into real estate about a decade ago. Her first job was as an agent for Platinum Properties in New York, and she’s been there...
Source: Fox Business — The Pending Home Sales Index dropped 4.4% to a reading of 106.2 for the month as reported by the National Association of Realtors. However, contract signings jumped 51.7% year-over-year. Read...
Source: NAHB — According to NAHB analysis of quarterly Census data, the market share of rental units of multifamily construction starts remained elevated at 96% during the first quarter of 2021. In contrast, the historical low share of 47% was set during the...
Source: NAHBNow — NAHB Chairman Chuck Fowke issued the following statement following the U.S. Commerce Department’s desire to double lumber tariffs on Canadian lumber shipments into the U.S from 9% to 18.32%: “At a time when soaring lumber prices have added...
Hits and Misses for the Real Estate Week of May 4-8
