According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending January 5, 2024, U.S. mortgage applications increased 9.9 percent from one week earlier. The results include an adjustment to account for the New Year's holiday.
National property broker Redfin says there are new signs pointing to a shift toward a buyer's market in 2024, as pandemic-driven inflation takes its last gasps, mortgage rates come down and more people list their homes for sale.
According to CBRE's latest research, the U.S. multifamily market continued to see healthy demand in the third quarter of 2023, though rent growth slowed from previous highs.
Based on new data from Redfin, U.S. home sellers gave concessions to buyers in 35% of U.S. home sales during the three months ending Oct. 31, 2023. That's about the same as one year earlier, but up from 27.6% from two years ago.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 13, 2023, U.S. mortgage applications decreased 6.9 percent from one week earlier.
Posted on June 20, 2023