Source: Scotsman Guide — Independent mortgage banks and mortgage subsidiaries of chartered banks posted a net gain of $223 on each loan they originated in the first quarter, according to the latest Quarterly Mortgage Bankers Performance Report from the Mortgage...
Source: The Spectrum — St. George’s fast-rising housing market hit a new record high in April with the median sales price of a single-family home rising to $560,000, up more than 30% compared to April of last year. The rising sales price has risen sharply...
Source: Salt Lake Tribune — Thousands of potentially affordable homes in Utah are being deployed instead as short-term rentals in a trend that is worsening the state’s housing shortage, according to Utah Gov. Spencer Cox. While also calling for more residential...
Source: World Property Journal — According to the National Association of Home Builders, in a further sign of a housing slowdown, new home sales posted a double-digit percentage decline in April 2022, falling to their weakest pace in two years, as rising...
Source: CNN — Millions of employees started working remotely after the pandemic first took hold in 2020. But now, more people are returning to the office — and they’re being greeted by much higher prices for just about everything. Food. Commuting....
Source: Deseret — As rising mortgage rates continue to put pressure on the U.S. housing market and the entire economy, economists and housing researchers are seeing early signs of a cooling market — but a question remains. Is a widespread correction coming to...
