Marketing & Statistics
RealEstateRama Marketing & Statistics
Mortgage Credit Availability Increased in August
Mortgage credit availability increased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Pending Home Sales Dropped 5.5% in July
Pending home sales in July retreated 5.5%, according to the National Association of REALTORS®. All four U.S. regions posted monthly losses in transactions. Year-over-year, the Northeast rose while the Midwest, South and West registered declines.
MBA Forecast: Commercial/Multifamily Borrowing and Lending to Increase 26 Percent to $539 Billion in...
Total commercial and multifamily mortgage borrowing and lending is expected to finish the year at $539 billion in 2024, which is a
Transforming the Home Selling Process With a Cash Offer for Your Virginia House
Selling your home can often be a complex and time-consuming process, especially if you're facing financial difficulties, time constraints, or a property in need of significant repairs. The traditional route of listing your home on the market with a real estate agent involves a lengthy process that can include staging, open houses, negotiations, and waiting for the right buyer.
Surprise Lift for New Home Sales in July
Sales of new homes rose unexpectedly in July, following significant revisions in the previous months’ data. Sales of newly built, single-family homes in July rose 10.6% to a 739,000 seasonally adjusted annual rate from significant upward revisions
“Rent Caps don’t work and will have a chilling effect on housing supply” says...
The National Housing Conference’s (NHC) President and CEO David M. Dworkin released the following statement in response to the Administration’s planned announcement of mandatory rent
Multifamily Lending Declined 49 Percent to $246 Billion in 2023
In 2023, 2,520 different multifamily lenders provided a total of $246.2 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s
GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
Builder Confidence Moves Lower as Market Waits for Rate Cuts
A lack of affordability and buyer hesitation stemming from elevated interest rates and high home prices contributed to a decline in builder sentiment in August. Builder confidence in the
FHFA House Price Index® Unchanged in May; Up 5.7 Percent from Last Year
U.S. house prices were unchanged in May, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 5.7 percent
Biden-Harris Administration Announces New Actions Supporting Hawai’i Homeowners Seeking to Rebuild After Wildfires
On the one-year anniversary of the tragic Maui wildfires, the U.S. Department of Housing and Urban Development (HUD), through
Mortgage Credit Availability Increased in July
Mortgage credit availability increased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The MCAI rose by 3.3 percent
Costly Energy Codes and Rent Caps Will Harm Housing Affordability, NAHB Tells Congress
The National Association of Home Builders (NAHB) called on Congress today to address two key policies that will notably escalate costs for home buyers and renters: the federal push to
CONSTRUCTION SPENDING SLIDES 0.3 PERCENT IN JUNE AS DROP IN HOMEBUILDING AND MAJOR PUBLIC...
Construction Spending Dropped to a Seasonally Adjusted Annual Rate of$2.148 trillion in June as Construction Officials Urge Biden
Pending Home Sales Rose 4.8% in June
Pending home sales in June ascended 4.8%, according to the National Association of REALTORS®. All four U.S. regions posted monthly gains in transactions. Year-over-year, the Northeast, Midwest and South registered declines, while the West increased.
EIA expects rising electricity demand and natural gas prices to affect electricity fuel mix...
The U.S. Energy Information Administration (EIA) expects that the United States will generate more electricity from renewables and coal in the second half of this year, as electricity demand and
Home Equity Lending Volume Stays Relatively Flat in 2023, Debt Outstanding Increases
Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased in 2023 by 1.5 percent compared to the previous year, while debt
Boosting Lead Generation with Real Estate Investor Marketing
In the competitive landscape of real estate investing, generating high-quality leads is crucial for success. Real estate investors need a steady stream of motivated sellers to keep their business thriving. Investor Nitro, brought to you by Everyday Media Group, specializes in helping real estate investors find and close motivated sellers online.
New Home Sales Soft in June as Mortgage Rates Remain Near 7%
Elevated mortgage rates continue to keep buyers on hold, as new home sales remained relatively flat in June. Sales of newly built, single-family homes in June fell 0.6% to a 617,000 seasonally
Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of...
Existing-home sales fell in June as the median sales price climbed to the highest price ever recorded for the second consecutive month, according to the National Association of REALTORS®. All