Marketing & Statistics
RealEstateRama Marketing & Statistics
Mortgage Application Payments Increased 4.2 Percent to $2,127 in October
Homebuyer affordability declined in October, with the national median payment applied for by purchase applicants increasing to $2,127 from $2,041 in September. This is according to the
October New Home Sales Down on Higher Rates
Steadily rising mortgage rates coupled with ongoing affordability challenges kept many potential home buyers on the sidelines in October. Sales of newly built, single-family homes in October declined 17.3% to a 610,000 seasonally adjusted annual rate
HUD Awards $73 Million to Support Grantees with Vital Technical Assistance
Funding will provide technical assistance and capacity-building for HUD grantees, local governments, and community organizations nationwide. The U.S. Department of Housing and Urban
Mortgage Credit Availability Increased in October
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales for 2025 and...
The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to NAR Chief Economist Lawrence Yun.
Commercial/Multifamily Borrowing Increased 59 Percent in Third-Quarter 2024
Commercial and multifamily mortgage loan originations increased 59 percent in the third quarter of 2024 compared to a year ago, and increased 44 percent from the second quarter of 2024
New Home Sales Rise in September as Mortgage Rates Ease
Home buyers moved off the sidelines in September following the Federal Reserve’s recent move to cut interest rates for the first time in four years. Sales of newly built, single-family homes in
Senior Home Equity Hits $14 Trillion in Q2
Homeowners 62 and older saw their housing wealth increase by $600 billion in the second quarter to $14 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
Pending Home Sales Advanced 7.4% in September
Pending home sales rose in September, according to the National Association of REALTORS®. All four major regions experienced month-over-month gains in transactions. Year-over-year, the
MBA Forecast: Mortgage Originations to Increase 28 percent to $2.3 Trillion in 2025
The Mortgage Bankers Association (MBA) today announced at its 2024 Annual Convention & Expo that total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79
HUD Invests $750,000 to Modernize Rental Homes for Waldorf, Maryland Families
The U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $750,000 transaction to help finance energy efficiency and climate resilience improvements for
Single-Family Starts Trend Higher in September
With the Federal Reserve beginning an easing of monetary policy and builder sentiment improving, single-family starts posted a modest gain in September while multifamily construction continued to weaken because of tight financing and an ongoing
Unlocking the Potential of Property Listings: Professional Image Editing for Real Estate Agencies
In the competitive world of real estate, first impressions can make all the difference. Most potential buyers begin their property search online, scrolling through countless listings before deciding which ones are worth a closer look.
Mortgage Credit Availability Decreased in September
Mortgage credit availability decreased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
FHFA Expands Housing Market Data Resources with New Manufactured House Price Index
The Federal Housing Finance Agency (FHFA) published today new national datasets on price trends for manufactured homes. FHFA’s release of the House Price Index (HPI) and median prices for
Pending Home Sales Edged Up 0.6% in August
Pending home sales in August rose 0.6%, according to the National Association of REALTORS®. The Midwest, South and West posted monthly gains in transactions, while the Northeast recorded a loss. Year-over-year, the West registered growth, but
Mortgage Application Payments Decreased 3.9 Percent to $2,057 in August
Homebuyer affordability improved in August, with the national median payment applied for by purchase applicants decreasing to $2,057 from $2,140 in July. This is according to the Mortgage
Revive Launches Innovative Agent Marketing Center
Revive Real Estate, a leader in presale renovations, has officially launched its new Revive Marketing Center, a powerful platform designed to empower real estate agents by providing high-quality,
Single-Family Starts Up in August but Supply-Side Issues Linger
Single-family starts posted a solid gain in August on robust demand and moderating mortgage rates even as builders continue to grapple with challenges related to lot and labor
Finding Affordable Rock Suppliers for Landscaping Projects
The cost of rocks to do a landscape project may be high, but obtaining inexpensive rocks can greatly affect one's budget. Rocks have several uses in landscaping; they may act as walks, borders, or specimens in a garden. Nevertheless, it might often be quite difficult to look for cost-friendly rock suppliers.