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According to a new National Association of Realtors study, U.S. metro areas where affordability has worsened over the last five years have seen a decline in job growth during that same period.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending January 10, 2020, U.S. mortgage applications increased 30.2 percent from one week earlier.
According to the Mortgage Bankers Association's newly released Mortgage Credit Availability Index (MCAI), U.S. mortgage credit availability decreased in December 2019. The MCAI fell by 3.5 percent to 182.2 in December.
Based on the Mortgage Bankers Association's 2020 Commercial Real Estate Finance Outlook Survey, following what is expected to be a record year of lending in 2019, commercial and multifamily mortgage originators anticipate 2020 to be another strong year.
According to a new U.S. housing report from Redfin, just 9% of offers written by Redfin agents on behalf of their homebuying customers faced a bidding war nationwide in December 2019, down from 12% a year earlier and setting another new 10-year low.
For the week ending January 3, 2020, mortgage applications decreased 1.5 percent from two weeks earlier. The results include adjustments to account for the holidays.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending December 20, 2019, mortgage applications in the U.S. decreased 5.3 percent from one week earlier.
According to the National Association of Realtors, pending U.S. home sales increased in November 2019, rebounding from the prior month's decline. The West region reported the highest growth last month, while the other three major U.S.
Home prices in Ireland fell by 1.2% during 2019, the first calendar year recording a fall in prices since 2012. The average price nationwide in the final quarter of the year was €250,766, 2.4% lower than in the third quarter and 1.2% lower than a year ago.
The median home prices in the fourth quarter of 2019 were unaffordable for average wage earners in 344 of 486, or 71 percent of the U.S. counties analyzed in the report. That figure was down from 73 percent in third quarter and 75 percent from a year earlier.
Demand for design services in November 2019 increased at a modest pace for the second month in a row. During November, both the new project inquiries and design contracts scores were positive, posting scores of 60.9 and 52.9 respectively.
According to the U.S. Housing and Urban Development and Commerce Department, total housing starts increased 3.2 percent in November 2019 to a seasonally adjusted annual rate of 1.37 million units.
There were 49,898 U.S. properties with foreclosure filings in November 2019, down 10 percent from October 2019 and down 6 percent from a year ago. Nationally, one in every 2,713 properties had a foreclosure filing in November 2019.
U.S. homeowners with mortgages (which account for roughly 64% of all properties) have seen their equity increase by 5.1% year over year, representing a gain of nearly $457 billion since the third quarter of 2018.
According to a new report from Redfin, ten percent of offers written by Redfin agents nationwide on behalf of their homebuying customers faced a bidding war in November 2019, down from 29% a year earlier and hovering at the 10-year low for the 5th consecutive month.
The Greater Las Vegas Association of Realtors is reporting this week that home prices in Southern Nevada stayed the same from October 2019 to November 2019, but are still up from one year ago.
According to a new report from CBRE, strong fundamentals have increasingly made U.S. medical office real estate a favorite of institutional investors, keeping investment volumes at high levels and capitalization rates low this year in relation to conventional offices.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending November 29, 2019, mortgage applications decreased 9.2 percent from one week earlier. This week's results include an adjustment for the Thanksgiving holiday.
CoreLogic's newly released Single-Family Rent Index shows a national rent increase of 3 percent in September 2019, which remained flat in comparison to September 2018.
The housing market continues to steadily gain momentum with rising homebuyer demand and increased construction due to the strong job market, ebullient market sentiment and low mortgage rates