Newsweek, July 25, 2024There are 102,000 new completed homes on the U.S. market ready to be occupied, according to the latest data from the U.S. Census Bureau, 50 percent more …
Category: Top National News
Fannie Mae Adjusts Home Sales Projections
MPA, July 24, 2024-Candyd MendozaFannie Mae’s Economic and Strategic Research (ESR) Group has updated its housing market forecast, downgrading new home sales expectations while upgrading existing home sales projections.Click here …
What a Destructive Hurricane Season Means for the Mortgage Industry
National Mortgage News, July 24, 2024-Courtney Hoff DockertyClimate change has caused an increase in extreme weather, including catastrophic storms and drought, to significantly impact the housing industry. According to preliminary …
Mortgage Demand Drops, as Homebuyers Wait for Lower Rates
CNBC, July 24, 2024-Diana OlickMortgage interest rates eased very slightly last week, but not enough to get today’s potential homebuyers off the fence.Click here for more
Housing Market Best For Renters in These 5 Cities
Newsweek, July 24, 2024-Giulia CarbonaroThe South and Southwest of the country have the cities with the best rental markets in the U.S., according to a recent report by nationwide apartment …
America’s Smallest Apartments Are Getting Even Smaller
Wall Street Journal, July 23, 2024–Neil MehtaDevelopers are thinking small when it comes to studio apartments.Click here for more (subscription)
The Return-to-Office Debate Is Settled: Offices Are Busier Than Ever
Fast Company, July 22, 2024-Nate BergOffices around the country are slowly but steadily seeing workers return. Click here for more
High-Quality Commercial Real Estate Bonds Default at Alarming Rate
MPA, July 23, 2024-Candyd MendozaThe turmoil in commercial real estate is now affecting what was once considered the safest segment of the market – bonds backed by loans on high-quality …
20 States Where Mortgage Delinquency Is Increasing the Most
National Mortgage News, July 23, 2024-NMN StaffSome mortgage delinquency is inevitable, but when it starts to grow across a state, the state’s economy could struggle.Click here for more
U.S. Existing-Home Sales Drop to One of Slowest Paces Since 2010
Bloomberg News, July 23, 2024-Michael SassoExisting-home sales in the U.S. slumped to one of the slowest paces since 2010 in June, as sellers wait for mortgage rates to fall further …