CNBC, Dec. 28, 2023–Diana OlickPending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors.Click here …
Category: Top National News
‘Mortgage Winter’ is Expected to Thaw a Bit
HousingWire, December 22, 2023–Bill ConroyThe year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce …
Mortgage Rates Fall To 6-Month Low
The Wall Street Journal, Dec. 21, 2023-Gina HeebMortgage rates dropped to the lowest level since June, offering some reprieve to a housing market that has been battered by higher borrowing …
2024 Will Be a Better Year for Homebuyers
Curbed, Dec. 21, 2023-Kim VelseyJames Morgan, an associate broker at Compass, had two deals over $20 million go into contract the last month.Click here for more
Improved Homebuyer Affordability In November, Says MBA Report
National Mortgage Professional, Dec. 21, 2023-Christine StuartIn a positive turn of events in the industry, homebuyer affordability improved in November, according to the Mortgage Bankers Association’s latest data. The national …
Americans Are Seeing Their Mortgages Drop
Newsweek, Dec. 21, 2023-Omar MohammedMortgage payments became slightly cheaper in November, lenders said Thursday amid weeks of declines in rates that have made monthly payments more affordable.Click here for more
Report: The U.S. Housing Market Has a Deficit of 4 Million Homes
Fast Company, Dec. 21, 2023-Lance LambertBank of America housing analysts say that “underbuilding” of U.S. homes over the past decade has not only “absorbed the 2 to 3 million home …
As Office Workers Make Their Return, So Does the Lowly Cubicle
The New York Times, Dec. 19, 2023-Ellen RosenAmong office designers and architects, cubicles are rarely mentioned. The once-ubiquitous fixture, so popular in the 1980s and ’90s, has become vilified as …
Swimming Pools and Granite Countertops: How College Dorms Got So Expensive
The Wall Street Journal, Dec. 20, 2023-Melissa Korn and Shane ShifflettArizona State University students will pay more than $9,600 this year to live in a shared bedroom at Manzanita Hall, …
MBA Releases Monthly Breakdown of New Home Mortgage Applications
MPA, Dec. 20, 2023-Abigail AdriaticoMortgage applications for new home purchases increased in November year-over-year, according to a survey by the Mortgage Bankers Association (MBA).Click here for more
