Multifamily Apartment Rent Growth in U.S. Slows in Q3

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.

Thirty One Percent of all U.S. Home Sales Are New Construction in Q3

Based on new research by Redfin's data journalist Lily Katz, nationwide, 30.6% of U.S. single-family homes for sale in the third quarter were new construction. That's the highest share of any third quarter on record and up from 28.9% one year earlier and 25% two years earlier.

National Mortgage Delinquency Rates in U.S. Hit Historic Low in August

2.6% 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 0.2 percentage point decrease compared with 2.8% in August 2022 and a 0.1 percentage point decrease from July 2023.

Zombie Properties in U.S. Increase 15.3 Percent Annually in Late 2023

According to ATTOM's newly released fourth-quarter 2023 Vacant Property and Zombie Foreclosure Report, almost 1.3 million (1,294,505) residential properties in the United States are vacant.

Sacramento Property News

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