U.S. Housing Market
Mortgage Delinquency Rate Down Slightly in Q2
“Some loans are continuing to move to later stages of delinquency,” said MBA’s Marina Walsh. Continue Reading Mortgage Delinquency Rate Down Slightly in Q2
New Forecast Points to Increased Multifamily Rent Growth
“The near-term rent growth outlook reflects second-quarter rent trends slightly exceeding expectations,” said CoStar Group’s Grant Montgomery. Continue Reading New Forecast Points to Increased Multifamily Rent Growth
NYC Median Asking Rent Hits New Record High
Rent increases occurred across the city’s five boroughs. Continue Reading NYC Median Asking Rent Hits New Record High
New Data Reports Point to Mild Home Price Acceleration
Chicago, New York City and Cleveland reported the highest year-over-year gains. Continue Reading New Data Reports Point to Mild Home Price Acceleration
Redfin: Fewer Canadians Are Scrolling for US Properties to Buy or Rent
While declines were recorded in 45 of the largest US metro areas, Canada-based searches increased in five markets. Continue Reading Redfin: Fewer Canadians Are Scrolling for US Properties to Buy or Rent
Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
The pooling and securitization of loans for more than 128,000 American households, including over 49,000 first-time homebuyers. Continue Reading Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
Builder Confidence at 7-Month Low
“Builder sentiment has fallen back in spring as buyers face ongoing elevated interest rates and growing economic uncertainty,” said NAHB Chairman Bill Owens Continue Reading Builder Confidence at 7-Month Low
Percentage of First-Time Homebuyers Falls to All-Time Low
35% of Gen Z buyers were single females, the highest share among all generations. Continue Reading Percentage of First-Time Homebuyers Falls to All-Time Low
Refinancing Surge Drives Up Mortgage Application Activity
The Refinance Index increased 5% and was 15% higher than the same week one year ago. Continue Reading Refinancing Surge Drives Up Mortgage Application Activity
Century Communities Unveils New Georgia Community
Pricing begins in the $280,000s. Continue Reading Century Communities Unveils New Georgia Community
Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
Bascom plans to complete lease-up of the property and implement institutional-grade management through Cushman & Wakefield. Continue Reading Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
Survey: Most Home Sellers Are Optimistic About a Profitable Spring
The survey found 74% of respondents stating now is a good time to sell, while 83% of potential sellers expected to get their asking price or more this spring. Continue Reading Survey: Most Home Sellers Are Optimistic About a Profitable Spring
Mortgage Applications for New Home Purchases at 14-Year High
“Government applications, which include FHA, VA, and USDA/RHS loans, accounted for more than half of applications received,” said MBA’s Joe Kan. Continue Reading Mortgage Applications for New Home Purchases at 14-Year High
Thompson Thrift to Build 273-Unit Multifamily Community in Reno
The company expects the first residents by September 2027. Continue Reading Thompson Thrift to Build 273-Unit Multifamily Community in Reno
Oakwood Homes to Begin Sales at New Utah Master-Planned Community
Sales are slated to start in May and pricing begins in the low $500,000s. Continue Reading Oakwood Homes to Begin Sales at New Utah Master-Planned Community
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