Marketing & Statistics

Sales of newly built, single-family homes fell 11.5 percent to a seasonally adjusted annual rate of 468,000 units in September, according to newly released data from HUD and the U.S. Census Bureau

Permits for new single family homes reached their highest monthly count since October 2014, according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report.  Four hundred, sixty-two permits for single family homes were issued in September, an increase of 37 permits over August.

September year-over-year statistics for single family homes revealed increases in closed sales, median sale price, and average percent of original list price received. Closed sales rose 12.8% from 1,355 to 1,529 transactions, median sale price climbed 5.9% from $269,200 to $285,000, and average percent of list price received bumped up 1.1% from 93.0% to 94.0%. Meanwhile, median days on market and inventory levels continued to decrease. Median days on market declined 35.2% from 54 to 35 days, active listings decreased 6.9% from 7,316 to 6,811 listings, and months’ supply of inventory diminished 20.2% from 5.6 to 4.5 months

Positive housing market momentum carried into September with home sales and median prices experiencing healthy year-over-year gains as Illinois headed into the fall market, according to the Illinois Association of REALTORS

In 2014, 2,876 different multifamily lenders provided a total of $195.1 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association (MBA) 2014 Report on Multifamily Lending.  The 2014 dollar volume represents a 13 percent increase from 2013 levels.  Sixty-five percent of the active lenders made five or fewer multifamily loans over the course of the year

Homes sales and sale prices continue their steady upward trend in Iowa in September. This is the strongest third quarter Iowa has seen in 8 years. The median sale price rose 5.9 percent from September of last year. The median price was $131,750 in September 2014 compared to $139,500 this year.

Mortgage applications increased 11.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 16, 2015.  This week's results include an adjustment to account for the Columbus Day holiday.

The percentage of home buyers who can afford to purchase a median-priced home in California is declining. The sharp increase in housing demand has led to skyrocketing home prices, shutting out a large percentage of the potential home buyers. The latest California Association of REALTORS® housing affordability report indicates every region in the state, except Kings County, posted lower affordability in the second quarter compared to the previous quarter

The Mortgage Bankers Association announced today that it expects to see $905 billion in purchase mortgage originations during 2016, a ten percent increase from 2015.  In contrast, MBA anticipates refinance originations will decrease by one-third, resulting in refinance mortgage originations of $415 billion.  On net, mortgage originations will decrease to $1.32 trillion in 2016 from $1.45 trillion in 2015.

According to the reports, there are five percent more new listings across South Carolina totaling 8,622. Pending Sales decreased three percent to 5,203, and there is five percent less inventory to choose from with 38,368 homes on the market. Prices moved higher as Median Sales Price was up seven percent to $174,460. Homes sold faster throughout September with most on the market for 99 days. Months Supply of Inventory was down almost 17 percent to six months

The Solar Energy Industries Association (SEIA) joined with the California Solar Energy Industries Association (CALSEIA) in praising the Bakersfield City Council for tonight’s swift passage of a resolution urging Congress to take immediate action to extend the federal solar investment tax credit (ITC)

Memphis-area home sales for September decreased 9.5 percent from a year ago, with 1,424 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 4 percent from August, when there were 1,483 total sales. Average sales price from September-to-September was down 0.7 percent, at $159,420. Inventory decreased 0.5 percent, with 6,404 units listed for sale. Monthly sales volume YTD increased 7.0 percent to $1.98 billion

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2015 shows mortgage applications for new home purchases increased by 3 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns

A new report from the Urban Land Institute, Bay Area in 2015, suggests that the San Francisco metropolitan region is at risk of losing Millennials in the years ahead, as high housing costs are making them increasingly skeptical about their ability to eventually move into homes in neighborhoods with the high livability attributes they desire.

Mortgage applications increased 25.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 2, 2015.

Mortgage credit availability increased in September 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.

Second quarter 2015 data from eight national banks showed first-lien mortgages continued to improve from a year ago, according to the Office of the Comptroller of the Currency’s (OCC) quarterly report on mortgage performance.

First American Financial Corporation (NYSE: FAF), a leading provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the newly expanded ability to license its comprehensive real estate data that spans 99.9 percent of U.S. housing stock and includes more than 5.5 billion recorded document images. Companies and organizations in real estate finance or other industries that require assessor, county recorder, property valuation, foreclosure and other derived data, can now license this data from First American.

Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 25, 2015.

The Massachusetts Association of REALTORS® (MAR) reported today that the positive trend this summer was to continue as single-family home sales went up in August over nine percent compared to the same time last year. This is the third straight month of year-over-year increases in single-family home sales. The median price of single family homes was also up for the 12^th time in the last 14 months.