Single‐family housing starts were at a rate of 861,000 in March, according to new data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. The March rate is 2.7% above the revised February figure of 838,000. However, privately‐owned...
Two new data reports from the Mortgage Bankers Association (MBA) show a rise in new home purchase mortgage applications and a decline in the number of home loans in forbearance. The MBA Builder Application Survey data for March reported a 0.6% year-over-year increase...
Middle-income homeowners accumulated $122,100 in wealth as their homes appreciated by 68% over the last 10 years, according to new data from the National Association of Realtors (NAR). However, the gains of the past decade varied across the country. NAR’s data...
Consumer real estate payments represented the most frequent target of wire fraud in 2022, with cybercriminals targeting buyer cash-to-close payments in particular, according to the new State of Wire Fraud report published by CertifID. Cybercriminals began targeting...
Single-family home prices during the first quarter increased on a 4.7% year-over-year basis, down from the previous quarter’s revised annual growth rate of 8.6%, according to the latest Home Price Index data from Fannie Mae (OTCQB: FNMA). On a quarterly basis,...
Home builders gave the mildest thumbs up to their industry this month. Builder confidence in the market for newly built single-family homes inched up by a single point this month in the latest Housing Market Index (HMI) report from the National Association of Home...
