Optimal Blue: Refinances, Product Shifts and Strong Agency Participation Define June
Optimal Blue, Plano, Texas, reported total lock volume rose 1.95% month-over-month in June, driven by increased refinance activity.
Zillow: National Housing Deficit Reached 4.7 Million in 2023
Zillow, Seattle, found that America’s housing deficit grew to nearly 4.7 million homes in 2023, up 159,000 from the previous year.
Redfin: Asking Rents Fell 0.5% Year-Over-Year in June
Redfin, Seattle, reported the median U.S. asking rent fell 0.5% year-over-year to $1,642 in June. That marks the fourth straight month of annual declines.
