Louisville Real Estate News
Louisville
Future Homebuyers Sitting on Sidelines Until After U.S. Presidential Election
According to national property broker Redfin, the typical monthly housing payment for a U.S. homebuyer was $2,671 during the four weeks ending July 21, 2024, marking the lowest level in four months.
U.S. Home Sales Uptick in July, First Time in 5 Months
According to recent data from the National Association of Realtors, existing-home sales saw an improvement in July 2024, halting a four-month streak of declines.
U.S. Pending Home Sales Rise 5 Percent in June, First Time in 3 Months
All four U.S. regions posted monthly gains in transactions. Year-over-year, the Northeast, Midwest and South registered declines, while the West increased.
Total U.S. Commercial Mortgage Debt Rises to $4.7 Trillion in Q1
Based on the Mortgage Bankers Association's latest Commercial / Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial and multifamily mortgage debt outstanding in the U.S. increased by $40.1 billion (0.9 percent) in the first quarter of 2024.
