Marketing & Statistics
RealEstateRama Marketing & Statistics
New Home Sales Cool in June on Higher Mortgage Rates
Rising mortgage rates and elevated construction costs put a damper on new home sales last month.
Sales of newly built, single-family homes in June fell 2.5% to 697,000 seasonally
Home Equity Lending Volume Rose in 2022
Originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased 50 percent in 2022 compared to two years earlier. This is according to the Mortgage Bankers Association’s (MBA) Home Equity Lending Study, released
Existing-Home Sales Retreated 3.3% in June; Monthly Median Sales Price Reached Second-Highest Amount Ever
Existing-home sales slipped in June, according to the National Association of REALTORS®. Sales varied among the four major
Single-Family Starts Decline in June but Permits Post Solid Gain
Single-family production fell back after four straight monthly gains as elevated construction costs and rising mortgage rates led to a reduction in home building activity and affordability
June New Home Purchase Mortgage Applications Increased 26.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2023 shows mortgage applications for new home purchases increased 26.1 percent compared from a
Biden- Harris Administration Announces $178 Million to Improve Health, Safety, and Lower Energy Costs...
As Part of President Biden’s Investing in America Agenda, DOE Funding Supports Selected K–12 Public Schools for Infrastructure
NAHB Publication Offers Inside Look into the Financial Records of Remodelers
Remodelers now have a unique opportunity to see how their business stacks up against the competition with a new publication from the National Association of Home Builders (NAHB). NAHB’s
Mortgage Application Payments Increased 2.5 Percent to $2,165 in May
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing 2.5 percent to $2,165 from $2,112 in April. This is according to the
GCAAR housing stats | May ‘23
The regional median sold price for residential properties for May was $626,000, representing a decrease of 0.3% compared to last month and no change from May 2022. The average days on market for units sold in May was 21 days, 3% below the 5-year May average of 22 days
How to Choose an SEO Company for Your Real Estate Business
In the fast-paced world of real estate, having a robust online presence is no longer optional. It’s a necessity. Given the competitive nature of the industry, optimizing your website for search engines is crucial for standing out and driving traffic to your offerings.
Pending Home Sales Shrunk 2.7% in May
Pending home sales shrunk 2.7% in May from the previous month, according to the National Association of REALTORS®. Three U.S. regions posted monthly losses, while sales in the Northeast surged. All four regions saw year-over-year declines in
May New Home Purchase Mortgage Applications Increased 16.6 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2023 shows mortgage applications for new home purchases increased 16.6 percent compared from a
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
