Fewer new residents were moving into Florida, Texas and other Sun Belt states during 2024, according to a new data report from Redfin (NASDAQ: RDFN). Among the region’s major metro areas, Tampa recorded a net inflow of just over 10,000 residents last year, less than...
Builder confidence in the market for newly built single-family homes was up slightly this month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The April HMI registered as 40, up one point from March; any number...
Housing starts for the nationwide Canadian market totaled 214,155 units in March, down 3.3% from 221,405 units in February. According to Canada Mortgage and Housing Corporation (CMHC), housing starts were down 12.5% year-over-year in centers with a population of...
American Financial Resources (AFR), a national mortgage lender headquartered in Parsippany, New Jersey, announced the promotion of Robert Pieklo to CEO and Michael Brenning to chief operating officer (COO). Pieklo joined AFP as COO in February 2024 following its...
Mortgage application activity slowed for the week ending April 11, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 8.5% on a seasonally adjusted basis from one week...
With rent payments soaking up to as much as one-third of median income in some areas, WalletHub is now offering its study “Cities with the Most Affordable Rent” to detail which metro areas enable renters to keep more of the earnings. The data analysis of more than 180...
Hits and Misses for the Real Estate Week of April 6-10
