Mortgage application activity and mortgage forbearance levels are falling, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 6.6% on a seasonally adjusted...
The multifamily developer Thompson Thrift has announced plans to develop Stack at Wheat Ridge, a 255-unit Class A multifamily community in the Denver suburb of Wheat Ridge, Colorado. The community will encompass a roughly 7-acre site and feature 255 apartments in...
The triple threat of potential tariffs, still-elevated mortgage rates and high housing costs pushed builder confidence in the single-family home market down in February. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)...
Slightly under one-third (32.6%) of home purchases in 2024 were all-cash transactions, according to new data from Redfin (NASDAQ: RDFN). This is down from 35.1% in 2023 and the lowest share since 2021. Prior to the pandemic, the share of all-cash sales ranged from 25%...
Renting is more affordable than buying a home in all but two of the top 50 metro markets in January, according to a new data report from Realtor.com. One year ago, there were six markets where buying was less expensive than renting. The average median asking rent in...
Florida Gov. Ron DeSantis gave his support for the elimination of state property taxes, recommending that the idea be put before voters. DeSantis made his position known through a response to an X user who stated, “Property taxes should not be charged based on assumed...
I Sat In a Room and Watched Someone Describe America’s Mortgage Appli…
