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Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
Indiana Home Sales Up 9% From One Year Ago
Indiana recorded 7,749 home sales in July, a 1% increase from one year before, while new pending sales totaled 7,853 transactions, up 9% from the prior year. According to the Indiana Association of Realtors (IAR), July's 10,115 new listings marked a 9% year-over-year...
Foreclosure Activity Up 13% Year-Over-Year
A total of 36,128 residential properties had foreclosure filings in July, up 11% from the prior month and up 13% from one year earlier. According to data from ATTOM, one in every 3,939 housing units had a foreclosure filing in July. The states with the worst...
NEWS & CURRENT EVENTS
Refinancing Fuels Mild Uptick in Mortgage Application Activity
“The average loan size for purchase applications declined to $436,300, the lowest level since January 2025,” said MBA’s Joel Kan. Continue Reading Refinancing Fuels Mild Uptick in Mortgage Application Activity
Rocket Mortgage to Offer Bridge Loans for Homeowners
“With this new flexibility, buyers can quickly and confidently secure their next home,” said Rocket’s Bill Banfield. Continue Reading Rocket Mortgage to Offer Bridge Loans for Homeowners
Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions
“ACE is the product of more than a decade and billions of transactional dollars of industry expertise,” said CEO Kevin Lipson. Continue Reading Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions
66-Unit Connecticut Multifamily Property Sells for $20.7 Million
The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. Continue Reading 66-Unit Connecticut Multifamily Property Sells for $20.7 Million
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Mortgage Application Activity Up by a Slight 0.5%
The seasonally adjusted Purchase Index was up by 1% percent from one week earlier, but the unadjusted index was down by 1%. Continue Reading Mortgage Application Activity Up by a Slight 0.5%
Aphorio Carter Critical Infrastructure Fund Acquires Denver-Area Data Center
The acquisition marks Aphorio Carter’s sixth critical infrastructure real estate purchase within the last two years. Continue Reading Aphorio Carter Critical Infrastructure Fund Acquires Denver-Area Data Center
Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex
CPP partnered with co-developer The Hampstead Companies on the deal. Continue Reading Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex
Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
22% have a rate below 3%. Continue Reading Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
Mortgage Payments Account for Three-Quarters of Canadian Credit Debt
The average minimum monthly payments made by Canadian borrowers grew to $2,350 in this year’s second quarter. Continue Reading Mortgage Payments Account for Three-Quarters of Canadian Credit Debt
Hamilton Zanze Sponsors Purchase of Nashville Apartment Community
The property is located in the heart of Nashville’s historic Music Row. Continue Reading Hamilton Zanze Sponsors Purchase of Nashville Apartment Community
FHLBank Chicago Increases Funding for Housing Counseling Resource Program
FHLBank Chicago launched the HCRP in 2022. Continue Reading FHLBank Chicago Increases Funding for Housing Counseling Resource Program
Adam Short Named Chief Investment Officer at JVM Realty
Short will succeed Steve Meyer, who transitions into the role of senior advisor at JVM. Continue Reading Adam Short Named Chief Investment Officer at JVM Realty
S&P CoreLogic Case-Shiller Index Hits All-Time High
The FHFA reported second quarter house prices were up 5.7% year-over-year. Continue Reading S&P CoreLogic Case-Shiller Index Hits All-Time High
Aurumys Expands Brokerage into Kansas City Market
The office will be led General Manager Khorey Kilgore. Continue Reading Aurumys Expands Brokerage into Kansas City Market
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