The level of mortgage application activity evaporated last week, according to new data from the Mortgage Bankers Association (MBA). “Mortgage applications declined to the lowest level since December 1996, despite a drop in mortgage rates,” said Joel Kan, MBA’s vice...
More than three-quarters of prospective home buyers are now considering climate risks when they are shopping for residential properties, according to new research from Zillow (NASDAQ:Z, ZG). Zillow determined that 83% of prospective buyers consider climate risk when...
Three new data reports have concluded that more people are taking out mortgages and are willing to pay more for their properties, while fewer people who already own homes are having problems paying back their home loans. Uptick in Lending: ATTOM’s 2023 U.S....
Fewer investors are putting their money into residential real estate, according to new data from Redfin (NASDAQ:RDFN). During the second quarter, Redfin determined that investor home purchases were down 45% from one year ago – in comparison, overall home sales were...
Two data reports issued today reaffirmed that housing prices are showing no signs of weakening. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, remained unchanged in June from one year earlier and were up...
One in Five Sellers Cut Prices as Buyer Demand Retreats
