The WPJ

Orlando

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%.

Greater Orlando Area Home Sales Down 16 Percent Annually in August

According to the Orlando Regional Realtor Association, Central Florida housing inventory for August 2023 was recorded at 6,115, up 6.9% from July when inventory was recorded at 5,720.

Home Purchase Cancellations Accelerating in the U.S.

According to national property broker Redfin, residential real estate deals are falling through at the highest rate in almost a year as high mortgage rates give homebuyers sticker shock.

Orlando Property News












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