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Mortgages in Forbearance Dips to 2.15 Percent in U.S.

The Mortgage Bankers Association's latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 6 basis points from 2.21% of servicers' portfolio volume in the prior week to 2.15% as of October 24, 2021. The MBA now estimates 1.1 million homeowners are in forbearance plans.

Warehouse Construction in U.S. Hampered by Supply Chain Delays

According to CBRE, demand for warehouse space remains historically high, but developers are struggling to complete construction projects on time due to increased material costs and shipping delays.

U.S. Housing Market Beginning to Cool in August

According to new market research by Zillow, runaway monthly increases in U.S. home values and rents tempered in August 2021. This is paving the way for a strong but more manageable housing market come fall.

Home Flipping Increased in Q2, While Profits Dipped in U.S.

According to ATTOM Data Solutions' second-quarter 2021 U.S. Home Flipping Report, 79,733 single-family homes and condominiums in the United States were flipped in the second quarter.

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