Marketing & Statistics
RealEstateRama Marketing & Statistics
Housing Starts End 2024 on an Up Note
Fueled by solid demand, single-family construction moved higher in December despite several headwinds facing the industry, including high mortgage rates, elevated financing costs for builders and a lack of buildable lots.
December New Home Purchase Mortgage Applications Increased 8.9 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2024 shows mortgage applications for new home purchases increased 8.9 percent
WSSC Water Commissioners Approve Second Temporary Water Bill Amnesty Program to Assist Customers
WSSC Water Commissioners today unanimously approved a second temporary water bill amnesty program to help income-
Pending Home Sales Moved Up 2.2% in November, Fourth Straight Month of Increases
Pending home sales gained 2.2% in November – the fourth consecutive month of increases and the highest level since February 2023 – according to the National Association of
FHFA Releases 3rd Quarter 2024 Foreclosure Prevention and Refinance Report
The Federal Housing Finance Agency (FHFA) today released its third quarter 2024 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the
MBA Statement on FHFA and Treasury Amendments to the Preferred Stock Purchase Agreements
MBA’s President and CEO Bob Broeksmit, CMB, issued the following statement on today’s Federal Housing Finance Agency
Single-Family Starts Post Solid Gain in November as Multifamily Falters
Ongoing lean levels of single-family existing home inventory helped to boost single-family production last month, while overall housing production fell because of a double-digit percentage drop
National Association of Realtors® Unveils 10 Top Housing Hot Spots for 2025
The National Association of Realtors® today announced 10 top hot spots for the 2025 housing market based on economic, demographic and housing factors predicted to significantly impact
Mortgage Credit Availability Decreased in November
Mortgage credit availability decreased in November according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Increased Construction in Low Density Areas is the New Status Quo
More residential construction is occurring in low density suburbs and outlying areas because of several factors that affect housing affordability, including the continued lack of buildable lots, higher
CONSTRUCTION EMPLOYMENT INCREASES BY 10,000 JOBS IN NOVEMBER WITH MODERATE GAINS IN BOTH RESIDENTIAL...
Contractors Continue to Hire Workers as Association Urges Incoming Trump Administration to Accelerate Federal Reviews so
Pending Home Sales Climbed 2.0% in October, Third Straight Month of Gains
Pending home sales ascended in October – the third consecutive month of increases – according to the National Association of REALTORS®. All four major U.S. regions experienced month-over-
Mortgage Application Payments Increased 4.2 Percent to $2,127 in October
Homebuyer affordability declined in October, with the national median payment applied for by purchase applicants increasing to $2,127 from $2,041 in September. This is according to the
October New Home Sales Down on Higher Rates
Steadily rising mortgage rates coupled with ongoing affordability challenges kept many potential home buyers on the sidelines in October. Sales of newly built, single-family homes in October declined 17.3% to a 610,000 seasonally adjusted annual rate
HUD Awards $73 Million to Support Grantees with Vital Technical Assistance
Funding will provide technical assistance and capacity-building for HUD grantees, local governments, and community organizations nationwide. The U.S. Department of Housing and Urban
Mortgage Credit Availability Increased in October
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales for 2025 and...
The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to NAR Chief Economist Lawrence Yun.
Commercial/Multifamily Borrowing Increased 59 Percent in Third-Quarter 2024
Commercial and multifamily mortgage loan originations increased 59 percent in the third quarter of 2024 compared to a year ago, and increased 44 percent from the second quarter of 2024
New Home Sales Rise in September as Mortgage Rates Ease
Home buyers moved off the sidelines in September following the Federal Reserve’s recent move to cut interest rates for the first time in four years. Sales of newly built, single-family homes in
Senior Home Equity Hits $14 Trillion in Q2
Homeowners 62 and older saw their housing wealth increase by $600 billion in the second quarter to $14 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
