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New Delta Media Survey Shows Widespread AI Adoption Reshaping Real Estate Despite Persistent Anxiety...
The popularity and use of artificial intelligence (AI) in real estate has become nearly ubiquitous among America's leading real
Pending Home Sales Recorded No Change in November
Pending home sales in November were identical to those in October, according to the National Association of REALTORS®. The Northeast, Midwest and West posted monthly gains in
Mortgage Credit Availability Decreased in December
Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Biden-Harris Administration Announces $174 Million to Support Energy Efficiency and Climate Resilience for Thousands...
Green and Resilient Retrofit Program grant and loan awards support improvements to HUD-assisted multifamily properties.
Existing-Home Sales Expanded 0.8% in November, Ending Five-Month Slide
Existing-home sales grew in November, breaking a streak of five consecutive monthly declines, according to the National Association of REALTORS®. Among the four major U.S. regions
ICYMI: Warren Calls for Big National Investment to Lower Housing Costs, Stronger Protections for...
Warren: “Massachusetts and the rest of the country shouldn’t be left to address this crisis alone. It’s time for the federal
November New Home Purchase Mortgage Applications Increased 21.8 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2023 shows mortgage applications for new home purchases increased 21.8 percent
Biden-Harris Administration Proposes First-of-its Kind National Forest Plan Amendment to Conserve and Steward Old...
Action is next step in the Forest Service’s work under President Biden’s Executive Order on Strengthening the Nation’s Forests
Single-Family Starts Surge on Falling Interest Rates
Single-family construction surged in November as lower mortgage rates helped to assuage affordability concerns and unleash pent-up demand for housing. Overall housing starts increased 14.8% in
Mortgage Credit Availability Decreased in November
Mortgage credit availability decreased in November according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Amidst Housing Slowdown, Exurban Areas Post Largest Construction Gains
For the third consecutive quarter, single-family growth rates were negative for all geographic sectors of the nation, as exurban areas posted the largest increase in market share for both single-family
Commercial Mortgage Delinquency Rates Increased in Third-Quarter 2023
Commercial mortgage delinquencies increased in the third quarter of 2023, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report. “Not unexpectedly
Pending Home Sales Fell 1.5% in October
Pending home sales dropped 1.5% in October, according to the National Association of REALTORS®. The Northeast posted a monthly gain in transactions while the Midwest, South and West all recorded losses. All four U.S. regions noted year-over-year
New Home Sales Weaken in October
Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales in October. Sales of newly built, single-family homes in October fell 5.6% to a
October New Home Purchase Mortgage Applications Increased 39.7 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2023 shows mortgage applications for new home purchases increased 39.7 percent compared from a
Existing-Home Sales Receded 4.1% in October
Existing-home sales dropped in October, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slid in the Northeast, South and West but were unchanged in the Midwest. All four regions experienced year-over-year sales
Single-Family Starts Flat in October
Single-family construction held steady in October as high mortgage rates depressed demand but more buyers turned to new homes because of a lack of existing inventory. Overall housing starts increased 1.9% in October to a seasonally adjusted
CONSTRUCTION EMPLOYMENT RISES IN 40 STATES & D.C. FROM OCTOBER 2022 TO OCTOBER 2023,...
Construction employment increased in 40 states and the District of Columbia in October from a year earlier, while 22 states added construction jobs from September to October
Mortgage Delinquencies Increase in the Third Quarter of 2023
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.62 percent of all loans outstanding at the end of the third
NAR Finds Typical Home Buyer’s Annual Household Income Climbed to Record High of $107,000...
Buyer income annual increase of 22% is largest on record (from $88,000 in 2022 report); down payments jumped to highest percentages in two decades
