Approximately 58,000 home purchase agreements were canceled in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. The rate of cancelations accounted for 15.3% of homes that went under contract last month, up from 14.5% one year ago....
Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant during the third quarter, according to data from ATTOM, which also found 7,519 pre-foreclosure homes, or 3.38% of the 222,318 properties in the process of foreclosure, were “zombie”...
July home sales reversed a five-month growth trend with a slight 0.7% month-over-month decline, according to the latest REMAX National Housing Report. One year-over-year basis, sales were up 0.6%, although sales took longer to complete – an average of 44 days on the...
Mortgage application activity declined in the week ending Aug. 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.4% on a seasonally adjusted basis from one...
Single-family housing starts in July were at a rate of 939,000, according to data from the US Census Bureau. Last month’s level is 2.8% above the revised June figure of 913,000. Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1.42...
Report: FHFA Director Pulte Scrutinized Attorney General Todd Blanche’s Mor…
