Portland Real Estate News
Portland
Mortgage Delinquencies Decline 22 Straight Months in January
Based on CoreLogic's latest Loan Performance Insights Report for January 2023, 2.8% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.5 percentage point decrease compared with 3.3% in January 2022 and a 0.2 percentage point decrease compared with December 2022.
U.S. Mortgage Applications Increase in Late March
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 24, 2023, U.S. mortgage applications increased 2.9 percent from one week earlier.
Tech Heavy Housing Markets in U.S. Cooling Fastest in 2023
According to national property broker Redfin, tech heavy U.S. housing markets and pandemic migration hotspots nationwide are cooling more rapidly than other parts of the U.S as the tech sector falters and mortgage rates remain elevated.
Homeownership for Young Single Women Declined in 2022, First Time in 6 Years
According to new data from Zillow, single men have long been more likely than single women to own a home, but that gap narrowed sharply in recent years, nearly closing in 2021.
