Greenville Real Estate News
Greenville
U.S. Mortgages in Forbearance Dips to 5.48 Percent in Early December
The total number of loans now in forbearance decreased from 5.54% of servicers' portfolio volume in the prior week to 5.48% as of December 6, 2020. MBA's estimate, 2.7 million homeowners are in forbearance plans.
Home Remodelers' Profits Increased as Industry Continued to Recover in 2016
Home remodelers' average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves.
Pending Home Sales in U.S. Uptick in July
According to the National Association of Realtors, U.S. pending home sales expanded in most of the country in July 2016, and reached their second highest reading in over a decade. Only the Midwest saw a dip in contract activity last month.
New Home Sales in U.S. Reach Highest Levels Since 2008 Market Crash
Sales of newly built, single-family homes in the U.S. rose 3.5 percent in June 2016 from an upwardly revised May 2016 reading to a seasonally adjusted annual rate of 592,000 units.
