Irvine Real Estate News
Irvine
U.S. Homebuilders Association Oppose Biden's New Eviction Moratorium Extension
The National Association of Home Builders' chairman Chuck Fowke issued the following statement this week opposing the new eviction moratorium imposed by the Centers for Disease Control.
U.S. Mortgage Applications Increase in Late July
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending July 23, 2021, U.S. mortgage applications increased 5.7 percent from one week earlier.
New Home Sales in U.S. Fall in June
According to data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes fell 6.6 percent in June to a 676,000 seasonally adjusted annual rate.
Single-Family Rent Growth Rate Spikes in May
Data company CoreLogic's latest May 2021 Single-Family Rent Index for the U.S. shows a national rent increase of 6.6% year over year, up from a 1.7% year-over-year increase in May 2020.
