Milwaukee Real Estate News
Milwaukee
Mortgage Applications Dip Again in Late May
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 27, 2022, U.S. mortgage applications decreased 2.3 percent from one week earlier.
Economic Headwinds, Rising Rates Stall Single Family Housing Starts in the U.S.
According to the National Association of Home Builders, the single-family housing market continued to show signs of slowing in April 2022 as rising mortgage rates and ongoing supply chain disruptions continue to raise housing costs and take a toll on the housing market.
NAR Economist Predicts Uncertainty for the U.S. Housing Market in Coming Months
This week the National Association of Realtors Chief Economist Lawrence Yun sounded the alarm bells as he explained there are significant questions regarding the U.S. housing market's direction over the coming months of 2022.
Covid Driven Vacation Home Boom in America Now Ending in 2022
According to national property broker Redfin, demand for vacation homes in the U.S. has dropped sharply for the second month in a row in March 2022, with mortgage-rate locks for second homes at their lowest level since May 2020.
