Las Vegas Real Estate News
Las Vegas
Mortgage Applications Uptick in U.S. Amid High Rates
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending September 15, 2023, U.S. mortgage applications increased 5.4 percent from one week earlier. Last week's results included an adjustment for the Labor Day holiday.
Single Family Rent Growth in U.S. Drops to 3-Year Low in July
Based on CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas, U.S. rent growth continued to relax year over year in July, falling to 3.1%.
U.S. Construction Input Costs Uptick in August
According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data, residential construction input prices rose 1.5% in August 2023 compared to the previous month.
Monthly Property Foreclosure Activity Upticks in U.S.
There were a total of 33,952 U.S. properties with foreclosure filings -- default notices, scheduled auctions or bank repossessions -- up 7 percent from a month ago but down 2 percent from a year ago.
