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Higher Interest Rates Further Hobble New Home Sales in the U.S.

Higher Interest Rates Further Hobble New Home Sales in the U.S.

The National Association of Home Builders reported this past week that rising U.S. mortgage rates reaching 7% along with declining builder sentiment stemming from stubbornly high construction costs and weakening consumer demand pushed new-home sales down at a double-digit rate in September 2022.

U.S. Foreclosure Starts Reach Pre-Pandemic Levels in August

Based on ATTOM's August 2022 U.S. Foreclosure Market Report, there were a total of 34,501 U.S. properties with foreclosure filings -- default notices, scheduled auctions or bank repossessions -- up 14 percent from a month ago and up 118 percent from a year ago.

Mortgage Applications Continue to Dip in Early September

According to new data from the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending September 2, 2022, U.S. mortgage applications decreased 0.8 percent from one week earlier.

U.S. Mortgage Applications Uptick in Late July

According to the latest Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending July 29, 2022, U.S. mortgage applications increased 1.2 percent from one week earlier.

Pending Home Sales in America Fall 8.6 Percent in June

According to the National Association of Realtors, pending home sales decreased in June 2022, following a slight increase in May 2022. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West.

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Charleston Property News

Pending Home Sales in America Fall 8.6 Percent in June

Posted on July 28, 2022

Mortgage Application Payments Hold Steady in June, Despite Higher Rates

Posted on July 28, 2022

U.S. New Home Sales Dive 27 Percent Year-Over-Year in April

Posted on May 25, 2022

NAR Economist Predicts Uncertainty for the U.S. Housing Market in Coming Months

Posted on May 05, 2022

Pending Home Sales in U.S. Slip Again in March

Posted on April 28, 2022

March Construction Input Prices Up 24% Year Over Year in the U.S.

Posted on April 20, 2022

$683 Billion of U.S. Commercial and Multifamily Mortgages Originated in 2021

Posted on April 18, 2022

Covid Driven Vacation Home Boom in America Now Ending in 2022

Posted on April 15, 2022

Biden Administration Looking to Double Lumber Tariffs Charged to U.S. Home Builders

Posted on December 06, 2021

Texas Housing Market Sales Cool in August, Bucking National Trend

Posted on September 24, 2020

U.S. Luxury Housing Market Enjoys Price Rebound, Despite Coronavirus

Posted on August 20, 2020

Three of Four Vacant Residential Properties in U.S. are Investment Homes

Posted on October 26, 2017

2 Million U.S. Coastal Homes at Storm Surge Risk from Hurricane Matthew

Posted on October 06, 2016

Distressed Sales Account for 8 Percent of U.S. Homes Sold

Posted on October 04, 2016

Pending Home Sales in U.S. Uptick in July

Posted on August 31, 2016

New Home Sales in U.S. Reach Highest Levels Since 2008 Market Crash

Posted on July 26, 2016

Brexit Vote Drives U.S. Mortgage Rates to New 2016 Lows

Posted on June 30, 2016

Mortgage Application Volumes in U.S. Dip in Late June

Posted on June 30, 2016

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