U.S. Foreclosures Uptick in May

According to ATTOM's May 2022 U.S. Foreclosure Market Report, there were a total of 30,881 U.S. properties with foreclosure filings -- default notices, scheduled auctions or bank repossessions -- up 1 percent from a month ago but up 185 percent from a year ago.

NAHB Says Housing Supply, Affordability Will Improve with More Workers

According to a new report by the Home Builders Institute, a severe shortage of construction workers continues to weaken housing supply and affordability.

Homebuyer Competition Falls for Second Consecutive Month

National property broker Redfin is reporting this week that 60.7% of home offers written by Redfin agents nationwide encountered competition on a seasonally adjusted basis in April.

Mortgage Applications Dip Again in Late May

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 27, 2022, U.S. mortgage applications decreased 2.3 percent from one week earlier.

Clearwater Property News

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