Marketing & Statistics
RealEstateRama Marketing & Statistics
Single-Family Housing Starts Reach Highest Level since Late 2007
Nationwide housing starts rose 3 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.288 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production increased 6.5 percent to 872,000 units — its highest reading in nearly a decade — while multifamily starts fell 3.7 percent to 416,000 units.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 10, 2017.
February New Home Purchase Mortgage Applications Increase 2.2 Percent Year over Year
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2017 shows mortgage applications for new home purchases increased 2.2 percent compared to February 2016. Compared to January 2017, applications increased by 16 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns
D.C. Residents Continue to Be Hired for DHS Headquarters Project; More Opportunities for Small...
The office of Congresswoman Eleanor Holmes Norton (D-DC) today released the most recent data available (January 2017) on the number of District of Columbia residents hired to work at federal construction sites in the District and D.C. small businesses with subcontracts at the sites. Three of the projects that wrapped up in the fall established generally good D.C. hiring rates as measured against the percentage of D.C. residents in the region (10 percent).
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 3, 2017. The previous week's results included an adjustment for the President's Day holiday.
NAR Survey Finds Gen X on the Mend; More Children Living with Millennials and...
An improving economy, multiple years of strong job growth and the notable increase in home values in most markets fueled a greater share of purchases from Generation X households over the past year.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 5.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 24, 2017. This week's results included an adjustment for the Presidents' Day holiday.
Pending Home Sales Weaken in January
Insufficient supply levels led to a lull in contract activity in the Midwest and West, which dragged down pending home sales in January to their lowest level in a year, according to the National Association of Realtors. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, decreased 2.8 percent to 106.4 in January from an upwardly revised 109.5 in December 2016.
New Home Sales Start Year on a Positive Note
Sales of newly built, single-family homes rose 3.7 percent in January to a seasonally adjusted annual rate of 555,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
Existing-Home Sales Jump in January
Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All major regions except for the Midwest saw sales gains last month.
Housing Production in January Levels Off After Multifamily Surge
Housing starts returned to trend, dropping 2.6 percent to a seasonally adjusted annual rate of 1.246 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Multifamily production fell 10.2 percent to 423,000 units after an unusually high December 2016 reading, whereas single-family starts ticked up 1.9 percent to 823,000 units.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 10, 2017.
Delinquencies Increase in Fourth Quarter from Ten-Year Lows, Foreclosure Starts Continue Decline in Latest...
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.80 percent of all loans outstanding at the end of the fourth quarter of 2016. The delinquency rate was up 28 basis points from the previous quarter, and was three basis points higher than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
CONSTRUCTION FIRMS GETTING SQUEEZED BY INCREASING MATERIALS & LABOR COSTS AND SLOWER INCREASES IN...
Construction Officials Caution That Cost of Infrastructure, Other Construction Projects Will Increase if New “Buy America” Provisions, Punitive Tariffs or Limitations on Canadian Lumber Are Put in Place
When Buying, Selling and Renovating, it’s an Animal House, Say Realtors
When making decisions about buying, selling or renovating their homes, Americans, by and large, take their pets' needs into account, according to a new report from the National Association of Realtors®. The 2017 Animal House: Remodeling Impact report found that 81 percent of respondents said that animal-related considerations play a role when deciding on their next living situation.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2017.
Mortgage Credit Availability Increases in January
Mortgage credit availability increased in January 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.
NAR Finds Real and Imaginary Barriers Holding Back Prospective Homebuyers
Existing-home sales increased 3.8 percent to a 10-year high in 20161, but affordability pressures, student debt and possible confusion about down payment requirements prevented many aspiring homeowners from reaching the market, according to recent consumer insight from the National Association of Realtors
THIRTY-TWO STATES ADD CONSTRUCTION JOBS IN 2016 AS DEARTH OF WORKERS WITH EXPERIENCE KEEPS...
Thirty-two states added construction jobs in 2016 as a dearth of experienced workers kept contractors in many states from hiring as many employees as they would have preferred, according to an analysis by the Associated General Contractors of America of Labor Department data released today and the association’s own survey. Association officials said the new Trump administration could help by including workforce development measures as part of its promised new infrastructure program.
U.S. Green Building Council Releases Annual Top 10 States for LEED Green Building
USGBC announced the Top 10 States for LEED, an annual ranking that highlights states throughout the United States that made significant strides in sustainable building design, construction and transformation over the past year. LEED is the world’s most widely used and recognized green building rating system
