Marketing & Statistics
RealEstateRama Marketing & Statistics
Multifamily Housing Market Will Decline in 2024 while Remodeling Market Will Hold Steady
Multifamily starts are predicted to decline in 2024, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and will hold
Share of Mortgage Loans in Forbearance Decreases Slightly to 0.22% in January
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 0.23% of servicers’
Existing-Home Sales Rose 3.1% in January
Existing-home sales grew in January, according to the National Association of REALTORS®. Among the four major U.S. regions, sales accelerated in the Midwest, South and West, and remained steady in the Northeast. Year-over-year, sales improved in the
January New Home Purchase Mortgage Applications Increased 19.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2024 shows mortgage applications for new home purchases increased 19.1 percent compared from a
NAR Hosts Policy Forum to Address Challenges Facing Home Buyers
The National Association of Realtors® hosted a policy forum Thursday at the Mayflower Hotel in Washington, D.C. entitled American Dream Deferred: How Can We Keep Homeownership
Housing Affordability Remains Near Historic Low Level
Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing affordability in the fourth quarter of 2023 virtually
Mortgage Credit Availability Increased in January
Mortgage credit availability increased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Testimony of Secretary of the Treasury Janet L. Yellen Before the Committee on Banking,...
Chairman Brown, Ranking Member Scott, and Members of the Committee: Thank you for inviting me to testify. Over the past three years, the Biden Administration has driven a historic recovery. GDP
More Than 85% of Metro Areas Registered Home Price Increases in Fourth Quarter of...
More than 85% of metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage rate dropped from 7.79% to 6.61%, according to
New Home Sales Bounce Back in December on Lower Mortgage Rates
Falling interest rates in the closing weeks of 2023 helped to bring buyers off the sidelines and provide a boost for new home sales. Sales of newly built, single-family homes in December increased
Real estate leaders see housing, economy improving in 2024
Real estate brokerage leaders are once again bullish on housing and the economy in 2024, according to a the newest Delta Real Estate Leadership Survey of more than 130 brokerage leaders
Mortgage Application Payments Decreased 3.8 Percent to $2,055 in December
Homebuyer affordability improved in December, with the national median payment applied for by purchase applicants decreasing to $2,055 from $2,137 in November. This is according to the
Existing-Home Sales Slid 1.0% in December
Existing-home sales retreated in December, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slipped in the Midwest and South, rose in the West and were unchanged in the Northeast. All four regions
Single-Family Starts Down in December but Post Solid Showing
In a sign that lower mortgage rates continue to boost the housing market, single-family production surpassed the million mark for the second straight month in December.
Remodeling Market Sentiment Improves in Fourth Quarter
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 67, increasing two points
New Delta Media Survey Shows Widespread AI Adoption Reshaping Real Estate Despite Persistent Anxiety...
The popularity and use of artificial intelligence (AI) in real estate has become nearly ubiquitous among America's leading real
Pending Home Sales Recorded No Change in November
Pending home sales in November were identical to those in October, according to the National Association of REALTORS®. The Northeast, Midwest and West posted monthly gains in
Mortgage Credit Availability Decreased in December
Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Biden-Harris Administration Announces $174 Million to Support Energy Efficiency and Climate Resilience for Thousands...
Green and Resilient Retrofit Program grant and loan awards support improvements to HUD-assisted multifamily properties.
Existing-Home Sales Expanded 0.8% in November, Ending Five-Month Slide
Existing-home sales grew in November, breaking a streak of five consecutive monthly declines, according to the National Association of REALTORS®. Among the four major U.S. regions
