Marketing & Statistics
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Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 2, 2016. The prior week's results included an adjustment for the Thanksgiving holiday.
Second Century Ventures Accepting Applications for 2017 REach Accelerator Class
Second Century Ventures, the National Association of Realtors®’ strategic investment arm, is accepting applications for its 2017 REach® accelerator class now through January 31, 2017
CONSTRUCTION SPENDING INCREASES IN OCTOBER AS RESIDENTIAL AND PUBLIC GAINS OFFSET DROP IN PRIVATE...
Construction spending was mixed in October as a rebound in residential and public categories outweighed a downturn in most private nonresidential segments, according to an analysis by the Associated General Contractors of America. Association officials noted, however, that public investments in infrastructure remain down compared to last year while private-sector demand should remain robust amid continued economic growth.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 9.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 25, 2016. This week's results included an adjustment for the Thanksgiving holiday.
Consumers and Realtors® Show Greater Interest in Smart Home Technologies, Certifications
As smart homes become more popular among consumers, buyers and sellers are showing greater interest in those homes and smart-home technologies and Realtors® in a certification to acknowledge their experience and expertise in those features
New Home Sales Down 1.9 Percent in October
Sales of newly built, single-family homes fell 1.9 percent in October from a downwardly revised September reading to a seasonally adjusted annual rate of 563,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Purchase Applications Drive Increase in Latest MBA Weekly Survey
Mortgage applications increased 5.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2016.
HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN OCTOBER
Sales of new single-family houses in October 2016 were at a seasonally adjusted annual rate of 563,000, according to estimates released jointly today by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. This is 1.9 percent (±13.1%)* below the revised September rate of 574,000, but is 17.8 percent (±16.9%) above the October 2015 estimate of 478,000
Existing-Home Sales Jump Again in October
Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and annual sales increases in October
ONLY 23 STATES & D.C. ADD CONSTRUCTION JOBS BETWEEN SEPTEMBER AND OCTOBER AS DEMAND...
Only 23 states and the District of Columbia added construction jobs between September and October while construction employment increased in 35 states between October 2015 and October 2016, according to analysis of Labor Department data released today by the Associated General Contractors of America. Association officials said declining public-sector investments in infrastructure and other public projects were undermining construction employment growth in many parts of the country
RENTERS MORE LIKELY TO BE FOOD INSECURE THAN HOMEOWNERS
About 10.5 million American households, or roughly 8.9 percent, reported that in the past month their access to adequate food was limited by a lack of money and other resources, according to new 2015 American Housing Survey data released today by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.
Housing Starts Jump 25.5 Percent in October
Led by impressive gains in both single-family and multifamily production, nationwide housing starts surged 25.5 percent in October to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family starts reached their highest level since October 2007 while multifamily production jumped 68.8 percent from the previous month.
MBA Presents Wells Fargo Home Lending with Diversity & Inclusion Award
The Mortgage Bankers Association (MBA) today announced that it has given Wells Fargo Home Lending an inaugural Diversity & Inclusion Award for its efforts in market outreach.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 9.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 11, 2016.
Just-Released FHA Report Shows Fresh Opportunity to Make Homeownership More Affordable
The Federal Housing Administration’s just released (link is external) actuarial report shows that the Mutual Mortgage Insurance Fund is on a steady financial trajectory, a finding the National Association of Realtors® believes is an opportunity to make FHA’s low-down-payment mortgage option available to an even broader swath of borrowers
FHA REPORT SAYS HEALTH OF MORTGAGE FUND IMPROVING
Earlier today, HUD released its 2016 Annual Report to Congress on the financial status of the Federal Housing Administration's (FHA) Mutual Mortgage Insurance Fund (MMIF). The report finds that the value of the MMIF, which funds FHA's single-family homeownership and reverse mortgage loans, grew by $3.8 billion to $27.6 billion in fiscal year (FY) 2016, its fourth consecutive annual increase.
October New Home Purchase Mortgage Applications Increase 8 Percent Year over Year
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2016 shows mortgage applications for new home purchases increased 8 percent relative to October 2015. Compared to September 2016, applications decreased by 2 percent. This change does not include any adjustment for typical seasonal patterns
Delinquencies and Foreclosures Decrease in Latest Survey
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased 14 basis points to a seasonally adjusted rate of 4.52 percent of all loans outstanding at the end of the third quarter of 2016. This was the lowest level since the second quarter of 2006 when the delinquency rate was 4.39 percent. The delinquency rate was 47 basis points lower than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
FBS Broker Agent Services Team to Offer AgentSquared
AgentSquared, the powerful all-in-one real estate marketing and website solution powered by Spark (created by Fargo real estate technology leader FBS) is now available directly from FBS Broker Agent Services Team.
Marketing Automation to Fundamentally Change Real Estate Marketing
National Association of REALTORS® Convention – Real estate brokerages of all sizes can now access sophisticated marketing automation services that will help them drive growth, enhance their brand image, and increase recruiting success. Today, Imprev, a leader in marketing automation for real estate, announced a re-architecture of its Listing Automation services, allowing brokerages that work with listing syndicators to add advanced automation for the first time.