According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 2, 2020, U.S. mortgage applications increased 4.6 percent from one week earlier.
The total number of loans now in forbearance decreased by 6 basis points from 6.87% of servicers' portfolio volume in the prior week to 6.81% as of September 27, 2020.
According to the Mortgage Bankers Association's latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial/multifamily mortgage debt outstanding rose by $43.6 billion (1.2 percent) in the second quarter of 2020.
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in August 2020 topped the 1 million mark and reached their highest pace since September 2006.
The Real Estate Center at Texas A&M University reported this week that Texas' housing market slowed in August 2020 after a surge of pent-up demand inflated sales numbers the previous month.
Fastest home sales are in swing counties, a reflection of rising interest in the suburbs as the pandemic drives homebuyers to prioritize space
According to a new report by Redfin, U.S. median home sale prices increased 13% from August 2019 to $319,178--the highest on record. This 13% year-over-year increase was the largest since October 2013.
CoreLogic's latest Single-Family Rent Index (SFRI) for July 2020 shows a national residential rent increase of 1.7% year over year, down from a 2.9% year-over-year increase in July 2019.
The Mortgage Bankers Association is reporting this week that U. S. mortgage credit availability decreased in August 2020. Mortgage credit supply fell to its lowest level since March 2014, driven by a reduction in supply from both conventional and government segments of the market.
Forsyth County, Georgia, ranks as the top "Work from Home" county in the United States. Two Colorado counties - Douglas and Broomfield - appear in the top 10 at second and ninth, respectively.
CoreLogic's latest monthly Loan Performance Insights Report for June 2020 says 7.1% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure).
Net-lease investment in the U.S. fell significantly in Q2 2020, but comprised the highest share of total volume on record amid a sharp decline in commercial real estate investment activity.
A widespread group of mostly-impoverished, densely-packed urban neighborhoods across the U.S. offer some of the most attractive opportunities in the nation for housing developers to take advantage of federal reinvestment tax benefits.
Insured wind and storm surge losses for residential and commercial properties in Louisiana and Texas are estimated to be between $8 billion and $12 billion.
Single-family and multifamily homes along the Texas and Louisiana coasts with a reconstruction cost value (RCV) of approximately $88.63 billion are at potential risk of storm surge damage from Hurricane Laura based on its projected Category 3 status at landfall.
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.
U.S. home builder confidence in the market for newly-built single-family homes increased six points in August 2020. HMI stands at highest reading in the 35-year history of the series.