A total of 2,746 down payment assistance programs were active nationwide during the second quarter, an increase of 67 programs from the prior quarter. According to data from Down Payment Resource (DPR), grant programs that do not require repayment rose by 6% from the...
Mortgage application activity percolated during the week ending July 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.9% on a seasonally adjusted basis...
A new data report by Zillow (NASDAQ: Z, ZG) found more than 300,000 empty lots measuring 5 acres or smaller were listed for sale on its platform in June, which accounted for 17.4% of all listings. The Seattle-based brokerage added that if one home was built on each of...
Starter homes have become something of a non-starter in today’s housing market. According to a new data report from Realtor.com, there are roughly 300,000 fewer homes priced under $350,000 on the market today compared to June 2019, while today’s typical starter home...
Single-family housing starts in June were at a rate of 895,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.2% dip from the revised May figure of 897,000. Privately-owned housing starts in June were...