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According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in August 2020 topped the 1 million mark and reached their highest pace since September 2006.
CoreLogic's latest Single-Family Rent Index (SFRI) for July 2020 shows a national residential rent increase of 1.7% year over year, down from a 2.9% year-over-year increase in July 2019.
The total number of loans now in forbearance decreased by 4 basis points from 7.20% of servicers' portfolio volume in the prior week to 7.16% as of August 30, 2020.
The Mortgage Bankers Association is reporting this week that U. S. mortgage credit availability decreased in August 2020. Mortgage credit supply fell to its lowest level since March 2014, driven by a reduction in supply from both conventional and government segments of the market.
Forsyth County, Georgia, ranks as the top "Work from Home" county in the United States. Two Colorado counties - Douglas and Broomfield - appear in the top 10 at second and ninth, respectively.
The Las Vegas Realtor Association is reporting this week that local home prices setting another all-time record despite the coronavirus pandemic, though fewer homes sold in August than during the same time last year.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending August 28, 2020, U.S. mortgage applications decreased 2.0 percent from one week earlier.
The Mortgage Bankers Association's latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance remained unchanged relative to the prior week at 7.20% as of August 23, 2020.
The typical home that sold in the four weeks ending August 16 was 3.7% larger (1,772 square feet) than the typical home that sold a year earlier.
Redfin is reporting this week that a quarter (24.5%) of San Francisco-area home sellers cut their list prices during the four weeks ending August 2020, the highest share since at least 2015.
In a sign that the housing market continues to lead the economy during the coronavirus outbreak, sales of newly built, single-family homes rose to its highest pace since 2006, up 13.9 percent to a seasonally adjusted annual rate of 901,000 units in July 2020.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending August 21st, U.S. mortgage applications decreased 6.5 percent from one week earlier.
According to Redfin, the median sale price for homes in rural areas nationwide increased 11.3% year over year in the four weeks ending August 2; it rose 9.2% in suburban areas.
According to a new report from the American Institute of Architects (AIA), architectural billings nationwide failed to show any progress during July 2020, and business conditions continued to be soft at firms.
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding at the end of the second quarter of 2020.
The Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending August 7, 2020, is reporting that U.S. mortgage applications increased 6.8 percent from one week earlier.
According to the Miami Association of Realtors, Broward County single-family home median prices year-over-year in June 2020 as home sales continued trending upward despite the global COVID-19 situation.
Zillow is reporting this week that the U.S. housing market still favors sellers, indicating the recent sales dip has more to do with a lack of inventory than waning interest from potential buyers from the Coronavirus outbreak.
International property consulting firm Knight Frank is reporting this week that it has been no ordinary summer for London's property market.