Marketing & Statistics
RealEstateRama Marketing & Statistics
Refis Down, Purchases Flat in Latest MBA Weekly Survey
Mortgage applications decreased 3.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 29, 2016
Larger Remodeling Projects Trending Up in 2016 According to NAHB Survey
Whole house remodels and additions are regaining market share according to a survey of remodelers released by NAHB Remodelers, the remodeling arm of the National Association of Home Builders (NAHB). The survey, released today to kick off National Home Remodeling Month in May, revealed the most common remodeling projects in 2016, compared to historical results of the survey
Cantwell Seeks Personal Stories of Housing Needs to Help Promote Forthcoming Housing Credit Expansion...
As part of her effort to raise awareness of the need for increased affordable housing resources, and in particular an expansion of Housing Credit authority, Senator Maria Cantwell (D-WA) is collecting personal stories of individuals and families who have struggled to find affordable housing and/or experienced homelessness. Senator Cantwell intends to use these stories to help promote legislation she soon will introduce to increase the Housing Credit cap by 50 percent and make other policy changes to strengthen the program.
Single-Family Sector Leads Housing to Higher Ground
Steady job growth, affordable home prices, attractive mortgage interest rates and pent-up demand will help the housing market continue on a gradual upward trajectory in the year ahead, according to economists who participated in yesterday’s National Association of Home Builders (NAHB) Spring Construction Forecast Webinar. However, supply side headwinds led by a shortage of construction lots and labor, along with tight access to acquisition, construction and development (AD&C) loans, continue to hamper a more robust recovery
MBA Releases First Commercial/Multifamily Originations Data of 2016
First quarter 2016 commercial and multifamily mortgage loan originations overall were essentially flat compared to the same period last year and first quarter originations were thirty-eight percent lower than the fourth quarter of 2015 in line with the seasonality of market, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations
Pending Home Sales Maintain Momentum in March
Pending home sales increased slightly in March for the second consecutive month and reached their highest level in almost a year, according to the National Association of Realtors®. Only the West region saw a decline in contract activity last month
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 22, 2016.
Housing Starts Down 8.8 Percent in March
Nationwide housing starts fell 8.8 percent to a seasonally adjusted annual rate of 1.089 million units in March, according to newly released data from the U.S. Housing and Urban Development and the Commerce Department. Overall permit issuance was also down 7.7 percent.
Existing-Home Sales Spring Ahead in March
Bolstered by big gains in the Northeast and Midwest, existing-home sales bounced back in March and remained slightly up from a year ago, according to the National Association of Realtors®.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 15, 2016
HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN MARCH
The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for March 2016: Privately owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,086,000. This is 7.7 percent (±1.2%) below the revised February rate of 1,177,000, but is 4.6 percent (±0.9%) above the March 2015 estimate of 1,038,000. Single-family authorizations in March were at a rate of 727,000; this is 1.2 percent (±1.1%) below the revised February figure of 736,000. Authorizations of units in buildings with five units or more were at a rate of 324,000 in March.
CONSTRUCTION EMPLOYMENT RISES IN 44 STATES AND THE DISTRICT OF COLUMBIA OVER LATEST 12...
California and Hawaii Add Most Jobs for the Year, North Dakota Has Biggest Actual and Percentage Declines; West Virginia and Pennsylvania Top Monthly List of Gainers, Arkansas and California Have Largest One-Month Decreases
Mortgage Apps Jump 10 percent in Latest MBA Weekly Survey
Mortgage applications increased 10 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 8, 2016.
Independent Mortgage Banker Profits Up in 2015 Driven by Higher Volume and Larger Loan...
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,189 on each loan they originated in 2015, up from $747 per loan in 2014, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage Bankers Performance Report
Research shows paying day to day bills and expenses beats saving for retirement as...
Despite a growing economy, when asked to choose their most important financial goal, more people cite paying day-to-day bills than other choices, including saving for retirement, according to a national survey. Twenty-six percent of people cited paying bills as their top financial priority, compared to 21 percent who placed saving for retirement as their number one financial goal.
Mortgage Credit Availability Slightly Decreases in March
Mortgage credit availability slightly decreased in March 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.
Home-Related Delinquencies Fall Sharply in Fourth Quarter As Housing Market Recovers
Consumer delinquencies in key home-related categories fell sharply in last year’s fourth quarter as home values steadily increased, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. Installment loan delinquencies remained near historical lows, matching the third quarter’s composite number
Vacation Home Sales Retreat, Investment Sales Leap in 2015
Vacation home sales cooled off in 2015 but remained at the second highest amount in nearly a decade, while investment purchases increased for the first time in five years, according to an annual survey of residential homebuyers released today by the National Association of Realtors®. Mirroring the strong price growth seen throughout the U.S., the median sales price of both vacation and investment homes surged in 2015.
NMHC 50 List Highlights Unrelenting Nationwide Demand for Apartments
Record renter demand continues to fuel apartment industry growth, as evidenced in the National Multifamily Housing Council’s (NMHC) newly released 2016 NMHC 50, the authoritative ranking of the country’s largest apartment owners, managers, developers and contractors. This year’s lists showed many of the industry’s heaviest hitters shoring up their positions and balancing their portfolios as both new and smaller industry players looked to aggressively capture market momentum and move up the ranks.
Refinance Applications Drive Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 1, 2016


