Marketing & Statistics

Marketing & Statistics
AGC

CONSTRUCTION GROUP LAUNCHES NEW HIGHWAY WORK ZONE SAFETY EFFORT AS 44 PERCENT OF ROAD...

Forty-four percent of highway contractors reported that motor vehicles had crashed into their construction work zones during the past year, according to the results of a new highway work zone study conducted by the Associated General Contractors of America. As a result, association officials launched a new national advertising and outreach campaign to urge motorists to stay alert and slow down while driving through highway work zones
MBA

Refi Apps Up, Purchase Apps Slightly Down in Latest MBA Weekly Survey

Mortgage applications increased 4.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 19, 2017.
NAHB

New Home Sales Slip in April After Strong Start to Year

Sales of newly built, single-family homes in April dropped for the first time in 2017, falling 11.4 percent to a seasonally adjusted annual rate of 569,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for the first three months of the year were all upwardly revised, and the March sales pace was the highest since October 2007
AGC

THIRTY-NINE STATES ADD CONSTRUCTION JOBS BETWEEN APRIL 2016 & 2017 BUT 27 STATES LOST...

Thirty-nine states added construction jobs between April 2016 and April 2017 amid growing demand for construction services, yet more than half the states lost construction jobs between March and April amid tight labor market conditions, according to an analysis by the Associated General Contractors of America of Labor Department data released today.
NAR

Tax Reform Could Deliver a Tax Hike for Homeowners: New Research

While tax reform proposals swirling around Washington, D.C., promise lower tax bills for American families, new estimates indicate that many middle-income homeowners may actually see a tax increase if those proposals go through
MBA

Delinquencies Decline in Latest MBA Mortgage Delinquency Survey

The delinquency rate for mortgage loans on one- to four-unit residential properties decreased to a seasonally adjusted rate of 4.71 percent of all loans outstanding at the end of the first quarter of 2017.  The delinquency rate was down nine basis points from the previous quarter, and was six basis points lower than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.

HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN APRIL

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for April 2017
NeighborWorks America

City residents less financially confident than suburban and rural counterparts, finds new survey from...

Pressured by the high cost of housing and other living expenses, 31 percent of American adults living in urban areas are "not too confident" or "not confident at all" of their ability to withstand a sudden financial emergency, according to the fourth annual NeighborWorks America consumer finance survey. In contrast, just 28 percent of rural adults and 25 percent of suburban residents reported a similar lack of confidence.
MBA

April New Home Purchase Mortgage Applications Drop 4.3 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for April 2017 shows mortgage applications for new home purchases decreased 4.3 percent compared to April 2016. Compared to March 2017, applications decreased by 20 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.
NAR

Survey Reports 12 Percent Jump in REALTOR® Business Activity

After a slip in business in 2015, the National Association of Realtors® Member Profile found that the income and sales volume of Realtor® members increased in 2016. The median gross income of Realtors® increased 8 percent in 2016 as the typical member had the highest number of transactions in recent years.
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 5, 2017.
NAHB

Housing Affordability Registers Slight Uptick in First Quarter

Rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the first quarter of 2017, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
MBA

Commercial/Multifamily Borrowing Up 9 Percent from Last Year

According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, first quarter 2017 commercial and multifamily mortgage loan originations increased 9 percent compared to the same period last year, and in line with the seasonality of market, first quarter originations were twenty-seven percent lower than the fourth quarter of 2016
MBA

Mortgage Credit Availability Decreases Slightly in April

Mortgage credit availability decreased in April according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
MBA

Purchase Apps Up, Refis Down in Latest MBA Weekly Survey

Mortgage applications decreased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 28, 2017
NAR

Pending Home Sales Dip 0.8% in March

Pending home sales in March maintained their recent high level, but momentum slackened slightly in most of the country as dearth supply weighed on activity, according to the National Association of Realtors®. Only the South saw an uptick in contract signings last month
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 21, 2017

CONSTRUCTION EMPLOYMENT INCREASES IN 39 STATES OVER PAST 12 MONTHS; 17 STATES ADD JOBS...

California and Oregon Add Most Jobs for the Year; Illinois and Mississippi Have Largest Declines; New Mexico and California Top Monthly List; Alaska and Illinois Have Biggest Month-to-Month Drops
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 1.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 14, 2017. This week's results do not include an adjustment for the Good Friday holiday
ULI

Real Estate Economists Predict Moderate Growth for the Economy and Commercial Real Estate Industry...

The U.S. economy and commercial real estate industry are, in general, expected to experience moderate growth through much of 2019, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate.
NAHB

Single-Family Production Falls in March After Strong February Reading

Following an elevated February reading, nationwide housing starts fell 6.8 percent in March to a seasonally adjusted annual rate of 1.22 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Still, new housing production in the first quarter of this year is running 8.1 percent above the pace in 2016
MBA

March New Home Purchase Mortgage Applications Increased 6.7 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2017 shows mortgage applications for new home purchases increased 6.7 percent compared to March 2016. Compared to February 2017, applications increased by 23 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns
MBA

Production Volume and Profits Up in 2016 for Independent Mortgage Bankers

Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,346 on each loan they originated in 2016, up from $1,189 per loan in 2015, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage Bankers Performance Report
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 7, 2017.
NAR

Affordability, Tight Supply Cause Vacation Home Sales to Plummet in 2016; Investment Sales Climb...

Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors®. The survey additionally found that vacation and investment buyers in 2016 were more likely to take out a mortgage and use their property as a short-term rental
MBA

Jumbo, Government Loans Drive Mortgage Credit Availability Increase in March

Mortgage credit availability increased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 31, 2017.
DHCD

DHCD Seeks Proposals to Produce or Preserve Affordable Housing

D.C. Department of Housing and Community Development (DHCD) Director Polly Donaldson on Friday March 31 issued the agency’s Spring 2017 funding notice and request for proposals (RFP) to produce and preserve affordable housing for District residents.
AGC

CONSTRUCTION SPENDING INCREASES IN FEBRUARY AS PRIVATE RESIDENTIAL AND PUBLIC-SECTOR INVESTMENTS OFFSET MODEST PRIVATE...

Construction Association Officials Urge Congress and the Trump Administration to Reform Tax Code and Boost Infrastructure Investments to Stimulate Broader Economic Growth and Boost Demand for Construction
JLL

Raleigh-Durham Surprises as City to Watch

London and Silicon Valley heading up the Global Top 30 on JLL’s 2017 Investment Intensity Index? Not surprising. But Raleigh-Durham, Austin and Denver also making the list? Now that’s interesting. It’s because these smaller powerhouses are punching above their weight in proportion to their local GDP and going head-to-head with highly globalized markets that are traditionally more attractive to investors.

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EPA

EPA Awards Multi-Million Dollar Grant to North Carolina to Protect Water...

The U.S. Environmental Protection Agency (EPA) recently awarded $2,652,592 to the North Carolina Department of Environmental Quality (NCDEQ) to help protect human health and the environment. The amount is part of a Clean Water Act Section 106 grant, which is given to states to implement environmental programs. The grant will go toward NCDEQ’s administration of environmental management programs that monitor and control water pollution

Recent

DG Pitkin LA

The Boulder Group Arranges Sale of Triple Net Lease Dollar General...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 12904 Highway-10 in Pitkin, Louisiana for $1,117,300