Real Estate News & Insights
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Foreclosure Activity Up 22% Year-Over-Year
Nationwide, one in every 1,459 housing units had a foreclosure filing in the first quarter. Continue Reading Foreclosure Activity Up 22% Year-Over-Year
MBA: Mortgage Application Activity Down 8.8%
The refinance share of mortgage activity inched up to 27.6%. Continue Reading MBA: Mortgage Application Activity Down 8.8%
California Median Home Price Up For First Time in Seven Months
All but one of the 51 counties tracked by CAR experienced a sales drop from a year ago in March. Continue Reading California Median Home Price Up For First Time in Seven Months
Most Millennials and Gen Zers Believe a Lottery Win is Their Only Key to Affording a Home
Roughly two-thirds of the Gen Zers and millennials surveyed they will eventually get a home. Continue Reading Most Millennials and Gen Zers Believe a Lottery Win is Their Only Key to Affording a Home
Redfin: Median Home Price in Greatest Year-Over-Year Decline Since 2012
Elevated mortgage rates and a tight inventory complicated the sales environment. Continue Reading Redfin: Median Home Price in Greatest Year-Over-Year Decline Since 2012
Rockefeller Center Office Space to Become New Luxury Hotel
If approved, the hotel will open in 2026. Continue Reading Rockefeller Center Office Space to Become New Luxury Hotel
Person of the Week: Steven Cornwell, Global Director of ERA-co
City neighborhoods usually don’t congeal by happenstance – urban planning at various municipal, state and sometimes federal levels bring about changes to the landscape. To understand the right way and wrong way to conduct urban planning, we called on Steven Cornwell,...
Single-Family Housing Starts Up in March
Single‐family housing completions in March were at a rate of 1.05 million, up 2.4% from February’s rate of 1.025 million. Continue Reading Single-Family Housing Starts Up in March
New Home Purchase Mortgage Applications Up, Forbearance Level Down
“Low for-sale inventory continues to constrain sales, along with mortgage rates that remain above 6%,” said MBA’s Joel Kan. Continue Reading New Home Purchase Mortgage Applications Up, Forbearance Level Down
Middle-Income Homeowners Gained $122K in Wealth Over the Past Decade
Homeowners in expensive metro areas experienced the largest wealth gains. Continue Reading Middle-Income Homeowners Gained $122K in Wealth Over the Past Decade
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