The WPJ

Sarasota

U.S. Tenants Gravitating to Higher Quality Offices in Response to Hybrid Work

According to global property consultant CBRE, there is a "flight to quality" playing out across 12 major U.S. markets as office-using companies adapt their workplaces for hybrid work.

U.S. Remodeling Market Confidence Index Declines in Q2

According to the National Association of Home Builders latest NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, the index posted a reading of 77, declining 10 points compared to the second quarter of 2021.

U.S. Mortgage Applications Dip in Late June

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending July 1, 2022, U.S. mortgage applications decreased 5.4 percent from one week earlier. This week's results include a holiday adjustment to account for early closings the Friday before Independence Day.

U.S. Foreclosures Uptick in May

According to ATTOM's May 2022 U.S. Foreclosure Market Report, there were a total of 30,881 U.S. properties with foreclosure filings -- default notices, scheduled auctions or bank repossessions -- up 1 percent from a month ago but up 185 percent from a year ago.

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