Housing starts fell for the third straight month in October, HUD and the Census Bureau reported Wednesday, although multifamily starts picked up, as did housing permits.
Strong demand for distressed properties lifted the average sale price at foreclosure auction to an eight-year high and generated surplus funds above total debt owed for nearly half of homes sold at foreclosure auction in the third quarter, said Auction.com, Irvine, Calif.
CBRE, Dallas, reported commercial real estate lending activity surged in the third quarter, reflecting rebounding property acquisitions activity.
The Federal Housing Finance Agency on Wednesday released its 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions LLC.
Mortgage applications fell by nearly 3 percent from one week earlier as interest rates crept higher, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending November 12.