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Integrating accounting software with project management software for construction
When it comes to construction projects, collaboration is critical. From your architects, engineers, and field crews to your contractors, bookkeepers, and project managers, everyone is
Single-Family Starts Post Solid Gain in May
Limited existing inventory combined with solid demand and improving supply chains helped push single-family starts to an 11-month high in May. Overall housing starts in May increased 21.7% to a seasonally adjusted annual rate of 1.63 million units
Mortgage Credit Availability Decreased in May
Mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The MCAI fell by 3.1 percent to 96.5 in May
Biden-Harris Administration to Save Native American Homebuyers an Average of $500 in the First...
The Department of Housing and Urban Development (HUD), through the Office of Native American Programs, announced
Commercial and Multifamily Mortgage Delinquency Rates Increased in the First Quarter of 2023
Commercial and multifamily mortgage delinquencies increased in the first quarter of 2023, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report
Pending Home Sales Recorded No Change in April
Pending home sales recorded no change in April, according to the National Association of REALTORS®. Three U.S. regions posted monthly gains, while the Northeast decreased. All four regions .
Mortgage Application Payments Increased 0.9 Percent to $2,112 in April
Homebuyer affordability declined further in April, with the national median payment applied for by purchase applicants increasing 0.9 percent to $2,112 from $2,093 in March. This is according to the
Highlights of NAREE’s June Real Estate Journalism Conference #NAREE2023
NAREE’s 57th Annual Real Estate Journalism Conference runs June 6 - 9 at Caesars Palace in the Milano Ballrooms on the Promenade level. NAREE’s Las Vegas conference is the most informative conference in the nation for journalists covering residential and commercial real estate, home design, home building and community design
Commercial/Multifamily Borrowing Declines 56 Percent in First-Quarter 2023
Commercial and multifamily mortgage loan originations were 56 percent lower in the first quarter of 2023 compared to a year ago, and decreased 42 percent from the fourth quarter of 2022
MIAMI Realtors Partners with Milestones to Empower Members with Industry-Leading Homeowner Management
The MIAMI Association of Realtors (MIAMI) has partnered with Milestones Labs to equip MIAMI members with award-winning
Existing-Home Sales Slid 2.4% in March
Existing-home sales edged lower in March, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while sales in the Northeast remained steady. All regions posted year-over-year
March New Home Sales Jump on Lower Rates and Tight Existing Home Supply
Lower mortgage rates and limited existing inventory helped to push new home sales up in March, even as builders continue to grapple with increased construction costs and material supply
Single-Family Starts Improve in March
Single-family production showed signs of a gradual upturn in March as stabilizing mortgage rates and limited existing inventory helped to offset stubbornly high construction costs, building labor shortages and tightening credit conditions
Atlanta REALTORS® Releases March 2023 Statistics on Housing Market
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its March 2023 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties
IMB Production Profits Fall to Series Low in 2022
Independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $301 on each loan they originated in 2022, down from an average profit of $2,339 per loan in 2021. This is according to the Mortgage Bankers
Pending Home Sales Grew for Third Straight Month, Up 0.8% in February
Pending home sales grew in February for the third consecutive month, according to the National Association of REALTORS®. Three U.S. regions posted monthly gains, while the West declined.
MBA Releases 2022 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association
Mortgage Application Payments Increased 4.9 Percent to $2,061 in February
Homebuyer affordability declined in February, with the national median payment applied for by purchase applicants increasing 4.9 percent to $2,061 from $1,964 in January. This is according to the
New Home Sales Remain Relatively Flat in February
Higher mortgage rates and home prices, as well as increased construction costs contributed to lackluster new home sales in February, but signs point to improvement later in the year.
Existing-Home Sales Surged 14.5% in February, Ending 12-Month Streak of Declines
Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of REALTORS
