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PRICES FOR NONRESIDENTIAL CONSTRUCTION MATERIALS AND SERVICES CLIMB 0.5 PERCENT IN FEBRUARY, WITH TARIFF...
Officials with the Associated General Contractors of America note that Rising Construction Costs will Make it Harder for Firms to
Mortgage Credit Availability Increased in February
Mortgage credit availability increased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
HUD and Census Bureau Report New Residential Sales in January 2025
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for January 2025
CONSTRUCTION OUTLAYS SLIP IN JANUARY AS POTENTIAL WIDESPREAD TARIFFS THREATEN TO PUSH BACK INVESTMENT...
Spending Declines for Manufacturing, Educational, and Multifamily Construction, Outweighing Gains in Single-Family Homebuilding
Pending Home Sales Waned 4.6% in January
Pending home sales pulled back 4.6% in January according to the National Association of REALTORS®. The Midwest, South and West experienced month-over-month losses in transactions – with the most significant drop in the South – while the Northeast saw a
January New Home Purchase Mortgage Applications Decreased 6 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2025 shows mortgage applications for new home purchases decreased 6 percent compared from a
Families Must Spend 38% of Their Income on Mortgage Payments
In a clear sign illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in the
Share of Mortgage Loans in Forbearance Decreases to 0.40% in January
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 7 basis points from 0.47% of servicers’
Multifamily Developer Confidence Reflected Mixed Results in the Fourth Quarter
Confidence in the market for new multifamily housing reflected mixed results year-over-year in the fourth quarter, according to the Multifamily Market Survey (MMS) released today by the
Nearly 90% of Metro Areas Registered Home Price Gains in Fourth Quarter of 2024
Almost 90% of metro markets (201 out of 226, or 89%) experienced home price increases in the fourth quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.12% to 6.85%,
Mortgage Delinquencies Increase in the Fourth Quarter of 2024
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.98 percent of all loans outstanding at the end of the fourth
NAREB’S 2025 MID-WINTER CONFERENCE TO FEATURE DR. EGYPT SHERROD, HILL HARPER, CATRESE FIELDS ALSTON,...
The National Association of Real Estate Brokers (NAREB) proudly presents its 2025 Mid-Winter Conference, taking place February 22–26 at the Westin Fort Lauderdale. This year’s conference, themed "Navigating New Horizons," will empower real estate professionals with the tools, strategies, and insights needed to thrive in an evolving industry
FHFA House Price Index Up 0.3 Percent in November; Up 4.2 Percent from Previous...
U.S. house prices rose 0.3 percent in November, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.2
Limited Existing Inventory Provides a Boost for New Home Sales
A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note, even as buyers continue to grapple with housing affordability challenges.
Share of Mortgage Loans in Forbearance Decreases Slightly to 0.47% in December
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 3 basis points from 0.50% of servicers’
Flipping Houses 101: Tips for Success in the Real Estate Market
Flipping houses has quickly evolved from a specialized endeavor to a popular investment tactic. In order to make money through the acquisition, remodeling, and sale of real estate, it is now essential to comprehend the complexities of real estate market dynamics.
Housing Starts End 2024 on an Up Note
Fueled by solid demand, single-family construction moved higher in December despite several headwinds facing the industry, including high mortgage rates, elevated financing costs for builders and a lack of buildable lots.
December New Home Purchase Mortgage Applications Increased 8.9 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2024 shows mortgage applications for new home purchases increased 8.9 percent
WSSC Water Commissioners Approve Second Temporary Water Bill Amnesty Program to Assist Customers
WSSC Water Commissioners today unanimously approved a second temporary water bill amnesty program to help income-
Pending Home Sales Moved Up 2.2% in November, Fourth Straight Month of Increases
Pending home sales gained 2.2% in November – the fourth consecutive month of increases and the highest level since February 2023 – according to the National Association of
