RealEstateRama Marketing & Statistics
Mortgage applications decreased 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 May 11, 2018. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier.
Inventory levels hovering at all-time lows weighed down home sales and fueled faster price appreciation during the first three months of the year, according to the latest quarterly report by the National Association of Realtors®.
The real estate industry’s marketing tactics continue to evolve year after year. In order to be successful in a market, you can do the basics right. However, to be one of the best, you have to be ready to embrace change and opportunities. Realtors are constantly working with changing markets, zoning regulations, mortgage rates and client desires.
The Federal Trade Commission has charged a mortgage relief operation with deceiving distressed homeowners by falsely promising to make their mortgages more affordable and prevent foreclosure. A federal court temporarily halted the scheme and froze the defendants’ assets at the FTC’s request.
Sales of newly built, single-family homes rose 4.0 percent in March to a seasonally adjusted annual rate of 694,000 units after an upwardly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This the second highest reading since the Great Recession.
Existing-home sales grew for the second consecutive month in March, but lagging inventory levels and affordability constraints kept sales activity below year ago levels, according to the National Association of Realtors
Mortgage applications increased 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 13, 2018.
April 17—As a result of the Tax Cuts and Jobs Act passed in December 2017, 55 percent of Associated Builders and Contractors (ABC) contractor members plan to hire more employees, and 52 percent plan to invest in workforce development, according to a recent poll. In addition, 90 percent of member companies say employees have seen an increase in their paychecks.
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017, down from $1,346 per loan in 2016, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage Bankers Performance Report
Gains in multifamily production pushed overall housing starts up 1.9 percent in March to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Realtors Property Resource®, a subsidiary of the National Association of Realtors®, reached a major milestone for user engagement on the real estate data and analytics platform. Overall engagement among NAR members for the month of March 2018 soared to a record 178,000 - a notable 16 percent increase from March 2017.
Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 6, 2018
Commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017, according to the Mortgage Bankers Association's (MBA) 2017 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
Mortgage credit availability decreased 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.
CONSTRUCTION EMPLOYMENT INCREASES IN 257 METRO AREAS BETWEEN FEBRUARY 2017 & 2018 AS CONSTRUCTION...
Construction employment increased in 257 out of 358 metro areas between February 2017 and February 2018, declined in 50 and stagnated in 51, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that the employment gains are occurring as construction firms in many parts of the country are having a hard time finding enough qualified workers to keep pace with demand.