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Marketing & Statistics

Marketing & Statistics
NAHB

New Home Sales Data Shows Housing on Strong Footing Prior to Virus Concerns

National
Sales of newly built, single-family homes fell 4.4 percent to a seasonally adjusted annual rate of 765,000 units in February, coming off a sharp upward revision in January
MBA

February New Home Purchase Mortgage Applications Increased 25.9 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2020 shows mortgage applications for new home purchases increased 25.9 percent compared from a year ago. Compared to January 2020
NAHB

Single-Family Housing Starts Up in February, but Challenges Lie Ahead Due to Coronavirus

National
Total housing starts decreased 1.5 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.60 million units, according to a report from the U.S. Housing
NAHB

Builder Confidence Declines But Remains Solid Amid Rising Risks

National
Builder confidence in the market for newly-built single-family homes fell two points to 72 in March, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
AGC

CONSTRUCTION JOBS INCREASE IN 32 STATES IN JANUARY FROM 1 AND 12 MONTHS AGO...

National
Construction employment increased in 32 states in January compared to both December and January 2019, according to an analysis by the Associated General Contractors of America of Labor Department data released today.
MBA

Commercial/Multifamily Mortgage Debt Grows in the Fourth Quarter of 2019

National
The level of commercial/multifamily mortgage debt outstanding at the end of 2019 was $248 billion (7.3 percent) higher than at the end of 2018, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding
NAR

Home Buying Desires of Millennials Mirror Silent Generation, Realtor® Report Finds

National
A number of the homebuying characteristics of younger millennials are replicating the buying desires of those in the silent generation.This is according to the latest study from the National Association of Realtors®,
MBA

Mortgage Credit Availability Decreased in February

National
Mortgage credit availability decreased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
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National
The real estate business, just like any other business is being completely transformed by technology. A lot of changes can be seen nowadays that are heralding the coming of a new age and a new paradigm in this industry as well as any other industry
MBA

Mortgage Credit Availability Decreased in December

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

A Red-Blue Divide on Home Construction

National
Nearly two-thirds of multifamily construction in the fourth quarter of 2019 occurred in “blue counties” where Hillary Clinton garnered the most votes in the 2016 election while nearly the same percentage
NAR

Pending Home Sales Ascend 5.2% in January

National
Pending home sales rebounded in January, ticking up following a decline in December, according to the National Association of Realtors®. Only the West region reported a minor drop in month-over-month contract activity
NAHB

New Home Sales Strong at Start of 2020

National
Sales of newly built, single-family homes rose 7.9 percent to a seasonally adjusted annual rate of 764,000 units in January, coming off an upward revision in December, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
NAR

Existing-Home Sales Drop 1.3% in January

National
Existing-home sales declined in January, continuing a fluctuating pattern of monthly increases and declines, according to the National Association of Realtors®. Significant declines in the West region dragged down nationwide numbers
NAR

Minority Homeownership Rates Continue to Lag Behind the National Average, NAR Finds

National
The United States homeownership rate has recently seen a rebound to 65.1% in the fourth quarter of 2019 from a low of 62.9% in the second quarter of 2016. While the increase in the overall homeownership rate is encouraging
MBA

January New Home Purchase Mortgage Applications Increased 35.3 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2020 shows mortgage applications for new home purchases increased 35.3 percent compared from a year ago.
NAR

Metro Home Prices Rise in 94% of Metro Areas in Fourth Quarter of 2019

National
The vast majority of metro areas saw price gains and very small increases in inventory in the final quarter of 2019, according to the latest quarterly report by the National Association of Realtors
MBA

Mortgage Credit Availability Decreased in January

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

Statement by President Donnell Williams on Upward Trend of Black Homeownership Rate

National
The National Association of Real Estate Brokers (NAREB) is guardedly optimistic regarding the current upward trend of the Black homeownership rate of 44% as stated by the U.S. Census Bureau in its 4th quarter 2019 report.
AGC

CONSTRUCTION SPENDING DIPS IN DECEMBER AS NONRESIDENTIAL LOSSES OFFSET HOUSING PICKUP; CONTRACTORS FORESEE GAINS...

National
Construction spending decreased 0.2 percent from November to December as declines in public and private nonresidential projects outweighed a large rise in single-family homebuilding

Recent NAHB Press Releases

NAHB

In a Positive Sign New Home Sales Hold Steady in April

n a sign that the housing market is stabilizing in the wake of the COVID-19 pandemic, sales of newly built, single-family homes rose 0.6 percent to a seasonally adjusted annual rate of 623,000 units in April

Random NAHB in News

CNNBusiness

Fears of housing downturn may have been overblown

But the National Association of Home Builders (NAHB) said Wednesday that builder confidence spiked last month thanks to a drop in interest rates.
Forbes

I Want A Better House