Denver Real Estate News
Denver
Mortgage Delinquency Rates in U.S. Drops to All-Time Low in March
2.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.3 percentage point decrease compared with 2.9% in March 2022 and a 0.4 percentage point decrease compared with 3% in February 2023.
U.S. Mortgage Applications Dips in Mid-May
According to new data from the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 19, 2023, U.S. mortgage applications decreased 4.6 percent from one week earlier.
U.S. Homes Experience Biggest Price Drop in Over a Decade in April
According to national property broker Redfin, the median U.S. home sale price fell 4.1% ($17,603) year over year in April to $408,031. That's the biggest drop on record in dollar terms and the largest decline since January 2012 in percentage terms. April marked the third consecutive month of year-over-year declines following roughly a decade of increases.
U.S. Home Sales Slip Again in April
According to the National Association of Realtors, existing-home sales decreased in April 2023. All four major U.S. regions registered month-over-month and year-over-year sales declines.
