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Saint Louis

U.S. Residential Foreclosures Dip 10 Percent Annually in 2024

According to ATTOM's Year-End 2024 U.S. Foreclosure Market Report, foreclosure filings--comprising default notices, scheduled auctions, and bank repossessions--were reported on 322,103 U.S. properties in 2024.

More Americans Opting for Renting Over Homeownership in 2024

According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.

Construction Job Openings in U.S. Down 40 Percent Annually in October

The construction industry had 249,000 job openings as of the last day of October, according to an analysis by Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).

U.S. Mortgage Applications Increase in Late October

New data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows that mortgage applications rose by 6.3% for the week ending November 22, 2024.

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