According to the latest Multifamily Market Survey by the National Association of Home Builders, confidence in the market for new multifamily housing declined in the fourth quarter of 2020.
According to U.S. property broker Redfin, the median home sale price increased 15% year over year to $321,250. "The housing market is now like a Soviet-era supermarket, with most of the shelves empty"
According to the National Association of Realtors, pending home sales in the U.S. took a step backward in January 2021 as inventory constraints continue to hold back prospective buyers.
The total number of loans now in forbearance decreased by 7 basis points from 5.29% of servicers' portfolio volume in the prior week to 5.22% as of February 14, 2021.
According to the National Association of Realtors, minority homeownership stubbornly lags behind the national rate, with Black Americans facing some of the toughest hurdles to achieving this essential part of the American Dream.
Posted on February 18, 2021
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Posted on December 18, 2020