Based on a new report from the Mortgage Bankers Association, that analyzed data from ICE Mortgage Technology, U.S. mortgage credit availability decreased in July 2022.
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.
Based on new data from national property broker Redfin, after years of tipping heavily in sellers' favor, the scales of the U.S. housing market are finally balancing out.
After posting four consecutive monthly declines on rising mortgage rates and worsening affordability conditions, new home sales posted a solid gain in May as some buyers rushed into the market in advance of the Federal Reserve's June interest rate hike.
According to Eliza Theiss of CommercialEdge, remote and hybrid work models were considered niche setups just a little over two years ago, but today, these trends seem here to stay.
Posted on May 19, 2022
Posted on March 17, 2022