Aspen Real Estate News
Aspen
U.S. Commercial Mortgage Lending to Hit $895 Billion in 2022
Based on a new forecast by the Mortgage Bankers Association, total U.S. commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion of total lending in 2022, roughly in line with 2021 totals ($891 billion).
78 Percent of U.S. Homeowners Passed On Record Low Refinancing Last Year
Based on new research by Zillow, fewer than a quarter of established U.S. homeowners refinanced their mortgages over the last year, even though about half of those who did say they cut their monthly payments by at least $300. Those savings often went toward home renovations or paying off debt.
San Diego Has Most Competitive Home Buyer Bidding Wars in U.S.
National property broker Redfin is reporting this week that 53.6 percent of U.S. home offers written by Redfin agents nationwide faced competition in November 2020. While that's down from a revised rate of 58.5 percent in October
U.S. Luxury Housing Market Enjoys Price Rebound, Despite Coronavirus
According to a new report from Redfin, the median sale price for luxury homes in the U.S. rose 1.2% year over year to $825,000 during the three months ending July 31, 2020.
