New housing construction dives drastically in March
Housing starts fell 22.3 percent to a seasonally adjusted rate of 1,216,000 in March, according to a new report released Thursday. Continue reading
Housing starts fell 22.3 percent to a seasonally adjusted rate of 1,216,000 in March, according to a new report released Thursday. Continue reading
Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Continue reading
Several of the earliest hit U.S. markets, with the exception of New York City, have seen an uptick in new listing volumes over the past week. There is a hopeful possibility that activity has “bottomed out” and has started to slowly recover in those mar… Continue reading
The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading
Patrick Stone, of WFG National Title Insurance Company, said Tuesday that home sales will likely be down in 2020, but overall, he’s optimistic about an economic recovery from the current pandemic. Continue reading
‘We expect delinquency rates to jump significantly throughout the year as the economic toll from COVID-19 becomes more evident,’ CoreLogic President Frank Martell said. Continue reading
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner talks through the 30-year mortgage and how rates will move the rest of this year. Continue reading
The coronavirus pandemic has kneecapped many tenants’ ability to pay rent. Landlords may want to offer some leeway, but they have to be smart about it. Continue reading
Google’s data shows changes during the pandemic in home-related online searches. Some experts believe those trends hint at longterm shifts in consumer preference. Continue reading
The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days. Continue reading