Pittsburgh Real Estate News
Pittsburgh
Small Investors Quietly Reshaping the U.S. Housing Market in Late 2024
Recent research from CoreLogic in Q3 of 2024 underscores the prominent role of smaller investors, commonly referred to as mom-and-pop landlords, who typically own three to ten properties.
U.S. Home Builders Express Optimism for 2025
Builder sentiment remained consistent at the close of 2024, as elevated home prices and mortgage rates balanced builders' optimism about a potential improvement in the regulatory business environment by 2025.
U.S. Mortgage Delinquencies Continue to Rise in September
Based on CoreLogic's latest Loan Performance Insights Report for September 2024, approximately 3 percent of all U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), up 0.2% year over year from September 2023.
U.S. Mortgage Rates Tick Down in Early December
Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent as of December 5, 2024.
